ABSTRACT High temperature and high-speed pressing in minting operations lead to the failure of coin-stamping dies. As a result, new coining tools were required more frequently leading to lower operational productivity and higher production costs. This research has examined the effects of materials and surface coating selections on the tool life of the stamping dies in the coining process. The aim of this research was to explore the possibility of extending the tool life of stamping dies. The three kinds of materials under study were alloy tool steel, cold working tool steel, and hot working tool steel. Additionally, Titanium Nitride (TiN) and Chromium Nitride (CrN) surface coating materials using the Physical Vapour Deposition (PVD) process were investigated. The experiment results revealed that the hot working steel yielded the highest tool life of up to 1,300,000 coins, followed by cold working steel at 900,000 coins, and alloy tool steel at 600,000 coins. The CrN PVD coating provided up to more than 400,000 coins compared to TiN PVD coating on hot working tool steel.