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The E-Sylum: Volume 11, Number 3, January 20, 2008, Article 27 MOFFAT & CO. MINT OPENS (YES, MOFFAT & CO) [E-Sylum reader Timothy Grat is a partner in a new minting operation with a very old name: Moffatt & Co. The following description of the firm's name is taken from the new firm's web site. -Editor] Our company name is derived from two sources. First off the President's surname is Moffatt. Secondly the company draws inspiration from the original Moffat and Co., the private gold coin mint and assay company established in California c. 1850. We feel that the original Moffat and Company is a type of minting mentor. Their coins and ingots were of such fine quality, and their reputation for honest dealings was so high that it allowed their coins and ingots to trade at par (face value) with the US mint coin issues. So renowned was the good reputation of Moffat and Company that when it came time for the US government to establish a branch mint in San Francisco, California, the US government called upon the surviving Moffat and Company partners to take on this task. [The following are excerpts from a Numismaster article on the new mint. -Editor] 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. To read the complete article, see: Full Story To view the Moffatt & Co. web site, see: www.moffattandco.com Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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