Coin ceremony

The coin ceremony is an event which takes place at the keel laying, in the early stages of a ship's construction.

[1][2] The coins are not normally fixed in place and are often retrieved when the ship sails out of the dry-dock,[3] (although they are sometimes welded to the keel).

[4] The mast stepping ceremony is a similar event which occurs towards the end of a ship's construction, and involves the placing of coins underneath the mast of a ship.

In shipbuilding today, the coins are normally welded beneath the radar mast.

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