David for British PM!Many questions in this thread (mostly answered somewhere else at some point in the past) but I'll do my best to go over most of them over the weekend.
David for British PM!Many questions in this thread (mostly answered somewhere else at some point in the past) but I'll do my best to go over most of them over the weekend.
This x 1000%.^^ I agree 1000% percent. I think, push come to shove, people would rather have in order
1) More color options
2) additional spot configurations (I'd personally love a 818 spot, and at level 2 pricing .... or the claw spot)
3) molds
And It's been said many times that some spots, no matter the cost and such, can't be done (V spots).
I mean, If I (played) and hit the lottery, I'd definitely send a ton of $$ for R&D. I don't play, so, there is that.
Oh .. and I have a set of Jockey molds, and love them. its such a great mold
+1This x 1000%.
CPC has a fantastic selection of molds as it is. I'd much rather see some new spot patterns and a wider range of colour options (God knows we're all dying for a proper yellow).
Maybe a turquoise….Blue doesn't need a re-up as much as Yellow does
Why did you decide it couldn't cost $75,000? As a former engineer, I can easily imagine this. It's not even about modern equipment, but about the number of cups. They are clearly each made separately. And here 50 of them are required for each form. If each one costs $1000 (I'm pretty sure it does). And this is already $50,000 (cups only). You can't make the entire mold... It's too complex a part... This is not the case when you run an automatic line, get the right part and harden it... In the end it will turn out crooked. This is a feature of hardening materials. Part of the metal changes the structure so much that the entire workpiece can bend so much that in the end the chips will become crooked (of course not like bananas), but this can be noticeable...
That's a pretty much spot on answer.Why did you decide it couldn't cost $75,000? As a former engineer, I can easily imagine this. It's not even about modern equipment, but about the number of cups. They are clearly each made separately. And here 50 of them are required for each form. If each one costs $1000 (I'm pretty sure it does). And this is already $50,000 (cups only). You can't make the entire mold... It's too complex a part... This is not the case when you run an automatic line, get the right part and harden it... In the end it will turn out crooked. This is a feature of hardening materials. Part of the metal changes the structure so much that the entire workpiece can bend so much that in the end the chips will become crooked (of course not like bananas), but this can be noticeable...
That's a pretty much spot on answer.
Add the cost of the upper and lower cavity (with it's complex channels for steam and water) again in hardened steel, the plates, pipe connections and temperature controls for another $10-$12k. Then you have to engrave and harden a master die, make maybe 4 hob (negatives) from it and if lucky you'll get 15 cups out of each before they show wear. So figure another $10k for that.
Anything crooked (just as would happen if you used a non hardened material under normal press conditions) means you can't get the vacuum under the inlays (that's what holds them in place - not adhesive), so rather that having crooked chips you wouldn't be able to have them at all!
Someone contrasted the process with Paulson earlier in the thread. For the last 20 years Paulson have used a lot of softer plastic composite in their chips. (average 50%). That means they can press chips at around 95 degrees and 30 tonnes PSI vs our 200 degrees plus and 200 tonnes. So they can use cheaper materials (which possibly are CNC cut) for their cups. Their small presses (256 of them I think) hold just the one pair of cups each.
They have the advantage that their owner was willing to put up $20m to build a factory in Mexico (which he got back in spades through the stock market flotation) and then employed hundreds of Mexicans to man those presses 24 hours a day at 5 peanuts an hour pay.
Just a little extra info on where he got the $20m and a whole lot more..... Shortly before B&G bought Paulson, the euro currency was introduced. Hundreds of casinos in Europe had to 're-rack' at a time when jetons and plaques formed the majority of their racks. B&G were at that time the only jeton and plaque producer. The European salesman (a friend of mine who is now a director at Abbiati) earned over $1m a year just in commission over the 3 year period the new racks were made. I did see some financials over that period and I think I recall they (owners back then were just husband and wife) made around $57m over the 3 years. With the market cornered they were charging 10-50 euros per plaque!
I did not decide anything, I used a question mark. The 75K figure came from David.Why did you decide it couldn't cost $75,000? As a former engineer, I can easily imagine this. It's not even about modern equipment, but about the number of cups. They are clearly each made separately. And here 50 of them are required for each form. If each one costs $1000 (I'm pretty sure it does). And this is already $50,000 (cups only). You can't make the entire mold... It's too complex a part... This is not the case when you run an automatic line, get the right part and harden it... In the end it will turn out crooked. This is a feature of hardening materials. Part of the metal changes the structure so much that the entire workpiece can bend so much that in the end the chips will become crooked (of course not like bananas), but this can be noticeable...
Coffee or bourbon. Any time. You bring the stories, I'll just listen.That's a pretty much spot on answer.
Add the cost of the upper and lower cavity (with it's complex channels for steam and water) again in hardened steel, the plates, pipe connections and temperature controls for another $10-$12k. Then you have to engrave and harden a master die, make maybe 4 hob (negatives) from it and if lucky you'll get 15 cups out of each before they show wear. So figure another $10k for that.
Anything crooked (just as would happen if you used a non hardened material under normal press conditions) means you can't get the vacuum under the inlays (that's what holds them in place - not adhesive), so rather that having crooked chips you wouldn't be able to have them at all!
Someone contrasted the process with Paulson earlier in the thread. For the last 20 years Paulson have used a lot of softer plastic composite in their chips. (average 50%). That means they can press chips at around 95 degrees and 30 tonnes PSI vs our 200 degrees plus and 200 tonnes. So they can use cheaper materials (which possibly are CNC cut) for their cups. Their small presses (256 of them I think) hold just the one pair of cups each.
They have the advantage that their owner was willing to put up $20m to build a factory in Mexico (which he got back in spades through the stock market flotation) and then employed hundreds of Mexicans to man those presses 24 hours a day at 5 peanuts an hour pay.
Just a little extra info on where he got the $20m and a whole lot more..... Shortly before B&G bought Paulson, the euro currency was introduced. Hundreds of casinos in Europe had to 're-rack' at a time when jetons and plaques formed the majority of their racks. B&G were at that time the only jeton and plaque producer. The European salesman (a friend of mine who is now a director at Abbiati) earned over $1m a year just in commission over the 3 year period the new racks were made. I did see some financials over that period and I think I recall they (owners back then were just husband and wife) made around $57m over the 3 years. With the market cornered they were charging 10-50 euros per plaque!
I'll sponsor the coffee!Coffee or bourbon. Any time. You bring the stories, I'll just listen.
That's a pretty much spot on answer.
Add the cost of the upper and lower cavity (with it's complex channels for steam and water) again in hardened steel, the plates, pipe connections and temperature controls for another $10-$12k. Then you have to engrave and harden a master die, make maybe 4 hob (negatives) from it and if lucky you'll get 15 cups out of each before they show wear. So figure another $10k for that.
Anything crooked (just as would happen if you used a non hardened material under normal press conditions) means you can't get the vacuum under the inlays (that's what holds them in place - not adhesive), so rather that having crooked chips you wouldn't be able to have them at all!
Someone contrasted the process with Paulson earlier in the thread. For the last 20 years Paulson have used a lot of softer plastic composite in their chips. (average 50%). That means they can press chips at around 95 degrees and 30 tonnes PSI vs our 200 degrees plus and 200 tonnes. So they can use cheaper materials (which possibly are CNC cut) for their cups. Their small presses (256 of them I think) hold just the one pair of cups each.
They have the advantage that their owner was willing to put up $20m to build a factory in Mexico (which he got back in spades through the stock market flotation) and then employed hundreds of Mexicans to man those presses 24 hours a day at 5 peanuts an hour pay.
Just a little extra info on where he got the $20m and a whole lot more..... Shortly before B&G bought Paulson, the euro currency was introduced. Hundreds of casinos in Europe had to 're-rack' at a time when jetons and plaques formed the majority of their racks. B&G were at that time the only jeton and plaque producer. The European salesman (a friend of mine who is now a director at Abbiati) earned over $1m a year just in commission over the 3 year period the new racks were made. I did see some financials over that period and I think I recall they (owners back then were just husband and wife) made around $57m over the 3 years. With the market cornered they were charging 10-50 euros per plaque!
Knock it off.I’d pay good money for a factory tour.
It would be amazing to finish the tour with a “make your own chip activity”….my goal would be L30 or higher.
*I’d also sign any CDA that was put in front of me…
A softer composite could not be mixed in the same way the clay is rolled now. Nor can it be heated, cooled or ground in the same manner.Out of curiosity, other than dead stock, what would stop CPC from moving to a softer composite like Paulson does?
Obviously we're talking about decades and decades of usage and dwindling molds, but what happens when the last mold stops being usable? CPC just closes up shop? It seems like the move to a different composite has to be the only play? And with it would come cheaper molding and different color options.
Don't worry David. In 6 months someone will start a thread "Hey, let's get a new die and new clay for CPC" and you can type all of this out again......A softer composite could not be mixed in the same way the clay is rolled now. Nor can it be heated, cooled or ground in the same manner.
So you have to replace a rolling mill, boiler, chiller, laminater (because ours is steam and cold water controlled), 7 presses, grinder, spot press and punches.
Might be able to do that for $1m if lucky. Add another $100k for the install. 3 months factory down time for another $120k. Just not feasible. Most molds are 40-60 years old and have minimal wear. The Hmold, DSQ and Crowns are in their 'later life' but bear in mind they are closer to 80 years old and had way more usage in the first 50 years than they have now (probably as much as 10x).
As I explained, it's not just the funding of the process, it's the fact you could lose days and days of production while doing it. Delays every single order we have and then adds another $2000 loss of revenue a day. How many is a 'few'. Let's say it's three. Before you know it that is $30,000 wasted, not a few thousand. Plus the fact there is no other suitable yellow die in existence anyway. It's incredibly bright, just gets dulled down by other ingredients, and as I said changes color as you add more (or just doesn't mix and leaves streaks) due to whatever unknown chemical processes are going on.What an involved process, thanks for sharing.
FWIW, at a few thousand dollars per attempt, I think it's very possible that the degen chippers here would be interested in funding a few attempts at a new yellow, Kickstarter-style.
I'm going to say that with your background you'd have been able to make a pretty good stab at giving the same answers I didDon't worry David. In 6 months someone will start a thread "Hey, let's get a new die and new clay for CPC" and you can type all of this out again......
Lolz.
Tiger Stripes! Or camo in the green realmor just doesn't mix and leaves streaks)