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New Company Begins Minting
By Numismatic News
January 16, 2008 |
Moffatt & Co., a newly formed custom minting company, announced Jan. 4 that it has begun operations at its plant near Eureka Springs, Ark.
Moffatt & Co. was formed in October 2007 with the intent to provide high-quality custom tokens and medallions at low prices.
The company has acquired and installed several high-speed coining presses with an initial capacity of more than one million pieces per week. It has also acquired an automatic multi-stroke coining press with a capacity of up to 1.75 inch diameter in proof-like finishes.
A limited product line including silver rounds, club medals and other small runs are available immediately. Full production will begin in early February. Initial token offerings are for .900-, .984- and 1.125-inch sizes in golden brass alloy. Other sizes and alloys will be added.
The company is now accepting pre-orders for tokens. Delivery will begin mid-February.
Operating partners Sean Moffatt and Timothy Grat have much experience in the minting trade. Moffatt was operations manager of a large private mint for 19 years until the company was sold. He has been involved in numismatics for more than 35 years.
Grat was chief coiner for Gallery Mint for 10 years. He has been involved in numismatics for about 10 years.
The combination of these two skill sets has prepared Moffatt & Co. to enter into the mainstream token and coin markets as well as the high-end numismatic collectibles markets as experienced and serious competitors. The company says that its high-speed equipment, low overhead and central U.S. location will allow it to compete nationally and globally for contracts.
Moffatt & Co. can be contacted by telephone at (866) 530-MINT or (479) 253-7900, or by fax at (479) 253-7902. Its Web site is located at www.moffattandco.com.
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