this is not for modern manufacturing of millions, it's for one at a time clockmaking in a little shop, for which it's a pretty efficient way to accomplish the task and doesn't require keeping an inventory
An improvement would be IXIVIII actually, then all combinations can be located in that string.
You rotate XI 180 degrees.
https://upload.wikimedia.org/wikipedia/commons/e/e6/Capitali...
ah nvadr spells it out:
VIIIIX
To be a bit more explicit, you use the the die four (4) times, and get 4 Xs, 4 Vs, and 4*IIIII = 20 Is, which is exactly right for I II III IIII V VI VII VIII IX X XI XII. Using IV would mean a 5 Vs, but only 4 Xs, and 17 Is, so you couldn't cut a full set with a single die without using a much larger die (= more work making and using the die) or having extra pieces (= wasted material) left over.