Latest News

John Winchcombe

6 July 2023

7 min read

Central Banks Report on Coins in Circulation

We continue our periodic series of articles on the latest annual reports from central banks and the information they provide on circulating and commemorative coins.

Central Bank Studies, Reports

Alex Sadler

6 July 2023

4 min read

News in Brief

The Italian government has appointed a new President and a new managing director for Istituto Poligrafico e Zecca della Stato (IPZS), the Italian Mint.

News

Chander S Jeena

6 July 2023

3 min read

Casa da Moeda to Launch Gold Traceability Platform

Leondaro Abdias, Director of Innovation and Market at the Brazilian mint, Casa da Moeda do Brasil, announced measures to combat illegal gold trade in Brazil during an event held in May titled ‘Ways of Gold: the Importance of Traceability to Prevent Illegality and Irregular Extraction’.

Authentication Metals

John Winchcombe

6 July 2023

2 min read

SARB Reports on Mint Performance and New Coin Series

The Reserve Bank of South Africa runs the South African Mint as a wholly owned subsidiary. In its 2022/23 annual report it highlighted the issue of the fourth decimal coin series on 3 May 2023, the first new coin series in 34 years.

Central Bank Circulating Coins Studies, Reports

Alex Sadler

6 July 2023

1 min read

MDC Announces Second Keynote Speaker

Hosted by the Royal Canadian Mint and scheduled to take place this October, the 2023 Mint Directors Conference (MDC 2023) has announced the second keynote speaker for the programme.

Events

Alex Sadler

6 June 2023

4 min read

News in Brief

The Central Bank of Curaçao and Sint Maarten has selected the Royal Canadian Mint to produce and supply the countries’ new Caribbean guilder coins, which are scheduled for introduction in the second half of 2024.

News

Alex Sadler

6 June 2023

2 min read

Royal Canadian Mint Scoops IACA Award

The Currency Conference gala dinner on 16 May hosted the presentation of the latest International Association of Currency Affairs 2023 Excellence in Currency Awards.

Events

Alex Sadler

6 June 2023

3 min read

South Africa Issues New Coin Series

The South African Reserve Bank has issued a new coin series, which is the fourth series since decimalisation in 1961 and the first coin redesign in 34 years.

Circulating Coins

John Winchcombe

6 June 2023

6 min read

Coins: a World of Energy and Creativity

Data and trends, managing circulation well, optimising specifications, and the role and value of coins were the key topics of the Currency Conference Coin workshop. Minting and circulating coins have challenges but a vibrant and bustling story was evident in all areas with much to discuss and debate.

Events

Alex Sadler

6 June 2023

6 min read

New Coin Issues

To celebrate 50 years of the Van Gogh Museum, the Royal Dutch Mint produced 50 silver coins which feature glass enamel sunflowers. The sunflowers were handmade by the Mint’s silversmiths in-house and are, of course, based on the famous Sunflowers painting created by Vincent van Gogh in 1889.

Commemorative Coins News

John Winchcombe

6 June 2023

3 min read

Central Banks Report on Coins in Circulation

A number of central banks have recently released their annual reports, which include the latest figures on coins in circulation. Below are a selection of these reports and the figures noted within.

Central Bank Studies, Reports

Alex Sadler

6 June 2023

11 min read

Royal United Mint – US Acquisition Charts a Path of Growth for Coins, Precious Metals and Tokens

Earlier this year, Royal United Mint acquired Osborne Coinage Co, which is based in Cincinnati, Ohio and is the oldest private mint in the US. Coin & Mint News™ caught up with Vincent Van Hecke, CEO of RUM and the Royal Dutch Mint, to find out more about the acquisition, his plans for the company and where he sees the market for coins, bullion and tokens going in the next 10 years.

Free Interviews Free

Astrid Mitchell

6 June 2023

4 min read

2022: Royal Canadian Mint Meets Expectations

The Royal Canadian Mint has published its results for 2022, stating that, whilst its financial performance was below 2021 levels, this was expected given the exceptional performance seen in 2021, and planned operational maintenance in 2022. The Mint still exceeded its financial goals for 2022, as set out in the Corporate Plan.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

2 min read

Mint Of Poland Secures Outlets – Banking on Indigenous Growth

The Mint of Poland, which trades on the Warsaw Stock Exchange as the only publicly-listed mint, has three distinct business segments – mint products, electronic payments, and real estate development, representing 82.7%, 16.54%, and 0.76% of revenue in 2022, respectively.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

2 min read

INCM Looks to International Markets for Recovery

In its annual report for 2022, INCM (Imprensa Nacional Casa da Moeda), described the year as a period of recovery, with a progressive increase in international business, despite the challenges posed by the conflict in Ukraine, the scarcity of raw materials and inflationary pressures.

Mints Studies, Reports

Alex Sadler

6 June 2023

3 min read

First Maundy Money for the New King

On 6 April, the soon to be crowned King Charles III and Queen Consort Camilla participated in a centuries old British ceremony that traditionally takes place on the Thursday before Easter Sunday, Maundy Thursday.

Numismatics

Alex Sadler

3 May 2023

1 min read

MDC Coin Awards Now Open for Nominations

Nominations are now open for the MDC’s prestigious Coin Awards. Last held in 2018, the awards recognise industry achievements in the design, production and packaging of coins, as well as, for the first time, sustainability in minting.

Events

David Tidmarsh

3 May 2023

6 min read

World Money Fair Technical Forum Review: Part 3

In the last two issues of Coin & Mint News™, we covered 10 of the presentations made in the first two sessions of the World Money Fair Technical Forum 2023. This month, we conclude the review with four presentations covering surface finishing and inspection, the recovery of e-waste, packaging and commemorative coins.

Events Technology

John Winchcombe

3 May 2023

4 min read

Has the Penny Had its Day?

The lowest denomination coins – cents, pennies, whatever – are a headache, for issuers and, increasingly the public. The rising costs of production increasingly mean that the face value of the coins are outstripped by their production costs – resulting in negative seigniorage. On this basis, why do countries keep on minting and issuing them?

Circulating Coins Free Free

Astrid Mitchell

3 May 2023

3 min read

A Solution in Sight to the Continuing Rise in US Coin Costs

For the 17th year in a row, the cost of producing the US penny and nickel has exceeded their face value, and is now running at an all time high, according to the United States Mint’s latest annual report.

Circulating Coins Studies, Reports