By Schuler AG….
Schuler develops equipment to produce five-euro coin from three components for state mints
An outer ring and an inner core made of metal with a blue polymer ring between them: these three components will be used to produce a new five-euro collector coin set to appear soon in Germany. The German government has decided to issue this world’s first in the first half of 2016. The press manufacturer Schuler is currently developing the equipment needed to join the three components and is working closing with the state mints of Baden-Württemberg and Bavaria. Schuler has filed several patent applications for the manufacturing process of such coins.
Schuler benefits here from its experience developing minting presses for bimetal coins following the euro launch. The world’s leading supplier of minting technology also supplied the first-ever press for trimetal coins to the State Mint of Mexico with an output of up to 500 pieces per minute.
The modern design of the five-euro collector coin, which will be available in Mint and Proof qualities, is aimed primarily at younger target groups with the intention of awaking their interest in German collector coins. The polymer ring is partially translucent, mintable and can be colored in various shades.
The nine-gram coin is called “Planet Earth” and displays the globe surrounded by different celestial bodies on the reverse side. The blue polymer ring represents the Earth’s atmosphere. The front of the coin features both the German eagle and the 12 European stars. Artist Stefan Klein from Iserlohn has designed the coin. The draft of the eagle is based on a template by Alina Hoyer from Berlin.
About the Schuler Group – www.schulergroup.com
Schuler is the technological and global market leader in forming equipment. The company offers cutting edge presses, automation, dies, process know-how and services for the entire metal forming industry and lightweight vehicle construction. Its clients include car manufacturers and their suppliers, as well as companies in the forging, household equipment, packaging, energy and electrical industries. Schuler is the market leader in coin minting presses and supplies systems solutions for the aerospace, railway and large pipe industries. In fiscal year 2014, Schuler posted sales of € 1.18 billion. With around 5,400 employees, Schuler is represented in 40 countries and is a member of the Austrian ANDRITZ Group.