EVOLUTION OF INDUSTRY Set 2x1 Oz Silver GEAR SHAPED COIN Tuvalu 2018

Industrial Revolution

The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840. This transition included going from hand production methods to machines, new chemical manufacturing and iron production processes, the increasing use of steam power, the development of machine tools and the rise of the factory system. Textiles were the dominant industry of the Industrial Revolution in terms of employment, value of output and capital invested. The textile industry was also the first to use modern production methods. The Industrial Revolution began in Great Britain, and many of the technological innovations were of British origin By the mid-18th century Britain was the world's leading commercial nation, controlling a global trading empire with colonies in North America and Africa, and with some political influence on the Indian subcontinent, through the activities of the East India Company. The development of trade and the rise of business were major causes of the Industrial Revolution.

The reverse of the first coin represents developments in steam and depicts a number of significant inventions that contributed to the First Industrial Revolution. Imagery represents an early steam locomotive and the railways; the chimneys of Britain’s mills and early factories which used steam power for driving machinery on a large scale; a flywheel and other components symbolising elements of Boulton and Watt’s steam engine; and an early steamboat similar to the type pioneered for use on the Forth and Clyde canal by William Symington. The reverse of the second coin represents electricity and depicts a representation of Thomas Edison’s incandescent lightbulb. The inventor himself is symbolised at Pearl Street Station in front of its electrical generating equipment. The design also incorporates a representation of spectacular electrical discharges from a Tesla coil, a system invented in 1891 that produced extremely high voltages used by Tesla in experiments aimed at achieving wireless transmission of energy. The obverse of the coin features the effigy of Her Majesty Queen Elizabeth II, and the inscriptions: “QUEEN ELIZABETH II” – the name of the Queen, “1 DOLLAR” – the face value, “TUVALU” – the issuing country, “2018” - the issue year and “1oz 9999 SILVER” – the weight of the coin and the fineness of the Silver.

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