BULLION INFORMATION CENTER
Properties, research and a history of bullion and minting, as well as data for bullion from advanced and rare commodity metal and a discussion of the how the mint process works are described below.
American Elements' AE Bullion™ group mints certified High Purity coins and bars from approximately sixty advanced, rare and less common metals for short and long term physical investment and to allow for exposure and controlled risk to commodity and industrial demand fluctuations reflected in the global price for the given metal. Coins and Bars are manufactured and minted under written SOPs (standard operating procedures) to assure quality and consistency by American Elements' AE Metals™ custom synthesis and refining group. Besides coins and bars, ingots of the metal may be purchased by funds, currency reserves, exchange-traded funds (ETFs) to establish tradable securities, private investors, collectors and hobbyists to take direct physical title and possession of the metal with risk exposure from shortages or chemical/physical technology changes, such as in solar energy, and fuel cell developments, equivalent to movements in the industrial application price of the metal.
American Elements offers bonded short and long term warehouse inventory services for AE Bullion™ coins to investors, funds and collectors who do not wish to take physical custody of the metal or lack secure storage or warehouse capabilities.
The lowest possible coin unit price to melt value ratio is maintained through state of the art mint and die systems and analytically certified planchets (blanks or flan) refined and pressed to exacting purity and weight. We also produce Metal as rod, pellets, as nanoparticles and in compound forms, such as fluoride and oxide. Coins and Bars may be purchased in bulk or small quantity. Portfolios of different elemental metal coins or bars may also be structured and purchased from the AE Bullion™ group allowing for strategic risk allocation and indexing across a basket of metals.
The mint process. Minting begins with the rolling of strips of the particular metal into extremely tight thickness tolerances. The strips are produced by extruding original refined billets of the metal. From these strips, planchets are punched to the dimension of the coin. A planchet is a blank or flan of the coin to be minted. The planchets are then placed in a minting press where the final coin is pressed or struck.
A History of Bullion and Minting. Early civilizations originally relied on a barter system to conduct commerce. A single medium of exchange began when the early Egyptians and Assyrians first recognized the "commodity" value of metals. Precious metals particularly had certain innate physical properties that allowed them to function in commerce as a single medium of exchange for any other property or object.
These qualities include:
- their lack of perishability so they can be stored perpetually,
- unlike wood, stone or other organic materials they are relatively indestructible and
- their rarity makes a small amount sufficiently valuable to allow for both small units and a means of exchange that could be carried.
At first precious metals, such as gold and silver, were used as currency in their raw form, or as jewelry, baubles or other ornamentations. While establishing these metals as "bullion", i.e. commodities because they now had a recognized and accepted value within commerce, the lack of a single reliable weight and unit of measurement required weighing to conduct business.
First the Greeks and then the Romans began to resolve this by "minting" the first coins. Coins provided a number of advantages over raw unprocessed metal and ornamental jewelry:
- First, by establishing a single reproducible size, the weight for each coin was guaranteed (so long as the metal was sufficiently refined),
- Since they were "issued" by the existing dominant military power, they had a high degree of reliability and were presumed to be secured by the power of the realm,
- Being small flat and round, they were easy to transport , stack and store.
- They were sufficiently small to allow for the "purchase" of relatively small items, such as food, making them useful to the general public.
The fist mints were actually not mints as we think of them. Coins were actually first cast to form using rudimentary dies and hammers. The first modern presses were built around the time the first printing presses were created. These required either human or animal power. In the 19 th century, animal power was replaced by steam. Modern presses rely on high speed rolling technology to produce coins with extremely tight volume and weight tolerances.
AE Bullion™ products include:
Nickel Titanium Bars
Nickel Titanium Coins
Nickel Titanium Metal