Latest News

Alex Sadler

5 Aug. 2024

7 min read

The Royal Mint Reports on Diversification Strategy and Coin Demand

The Royal Mint has published its latest annual report for the year ended 31 March 2024, noting total revenue of £1.4 billion – a 28% reduction from the previous year. In its report, the Mint noted that it had experienced challenges during the year, but it also emphasised the continuation of its five-year diversification strategy.

Mints Studies, Reports

Alex Sadler

5 Aug. 2024

6 min read

News in Brief

Uganda has become the latest African nation to look to gold as support for its currency, as the Bank of Uganda initiates a Domestic Gold Purchase Program with the objectives of building the country’s foreign reserves and minimising risks on reserves investments.

Cash in Circulation Metals Mints

Alex Sadler

3 July 2024

2 min read

The Royal Mint Plans Expansion in the United States

The Royal Mint has signed an exclusive distribution deal with RARCOA to grow its commemorative coin business in the US, and which is projected to turnover £100 million over the next three years.

Commemorative Coins Mints

Alex Sadler

4 June 2024

5 min read

Royal Canadian Mint Reports Lower Sales and Profit for 2023

The Royal Canadian Mint has published its annual report for 2023, noting a fall in revenue of 34% to C$2.162 billion and a reduction in profit by 52% to C$16.6 million. It has, however, noted a good start to the financial year despite decreased consolidated revenue.

Mints Studies, Reports

Astrid Mitchell

4 June 2024

2 min read

US Considers Scrapping Mutilated Coin Programme

The US Mint is seeking public comment on its announcement in the Federal Register that it plans to close its Mutilated Coin Redemption Program relating to the face value exchange of bent and partial coins.

Mints

Ursula Kampmann

28 May 2024

7 min read

There’s A Lot Going On at Swissmint!

A new website, a new online shop, a new layout for its customer magazine – these are just some of the innovations Swissmint has in store for us. The mint has changed profoundly over the past two years. Ursula Kampmann explains how.

Free Mints Free

Alex Sadler

2 May 2024

5 min read

Mints Report Increased Profits

The Mint of Poland and Monnaie de Paris have recently published their annual results for financial year, with the former noting a more than doubling of operating profit year-on-year and the latter a 9% increase in turnover from the previous year.

Free Mints Studies, Reports Free

Astrid Mitchell

2 May 2024

5 min read

Royal Mint Pulls Out of Export Business for Circulating Coins

The Royal Mint, the UK’s oldest company, has announced that it is to stop taking orders for foreign circulating coins and blanks, bringing to an end a 700-year old business in producing coins for overseas countries.

Circulating Coins Mints

Alex Sadler

4 April 2024

4 min read

Brazilian Mint Celebrates Three Anniversaries

The Casa da Moeda do Brasil celebrated its 330th anniversary earlier this month with the launch of a commemorative medal featuring augmented reality (AR) technology. The medal is available in either bronze or silver and features invisible ink in addition to the AR technology.

Commemorative Coins Mints Technology

Alex Sadler

4 April 2024

2 min read

Latest News from Down Under

The Perth Mint has announced two new partnerships during the month of March, with the first relating to the Mint Directors Association (MDA), and the second to numismatic platform Coiniverse.

Circulating Coins Mints News

Alex Sadler

5 March 2024

3 min read

Special Relationship Unites Britannia and Liberty

The Royal Mint has partnered with the United States Mint in ‘a groundbreaking collaboration’ between the Chief Engravers of both mints to produce a design for the 2024 Britannia and Liberty commemorative coins.

Mints Numismatics

David Tidmarsh

5 March 2024

4 min read

Demand for US Circulating Coins Falls in 2023

In its recently published Annual Report for the 2023 fiscal year, the United States Mint reported a 12.1% fall in revenue to $4.68 billion. In volume terms, the Mint shipped 10.5 billion circulation coins to the Federal Reserve Bank compared with 12.1 billion in 2022, a decrease of 1.6 billion coins (-13.2%).

Mints Studies, Reports

Alex Sadler

5 March 2024

2 min read

Australian Mint Turns to New Platform for Online Sales

The Royal Australian Mint has teamed up with EQL, the commerce platform built to ensure reliable and fair product launches, to improve its e-commerce infrastructure and the experience for collectors as they aim to get their hands on new coins.

Mints Technology

Alex Sadler

6 Feb. 2024

6 min read

Company News

Following its acquisition of Reischauer, the Heimerle + Meule Group has announced its purchase of the Royal United Mint from the Belgian Heylen Group, which is the world’s second largest private industrial holding company in the production of coins.

Companies Mints

Alex Sadler

6 Feb. 2024

4 min read

An Update on The Royal Mint

With the end of The Royal Mint’s year including the release of a new gold bullion design, and the beginning of this year marking announcements of its sustainability progress and a partnership with the Ministry of Defence to recycle electronic waste, Coin & Mint News™ covers the most recent updates from the organisation below.

Commemorative Coins Mints Sustainability

Alex Sadler

6 Feb. 2024

4 min read

News in Brief

Royal Joh Enschedé, in collaboration with The Global Note™, has released a gold embellished commemorative banknote in honour of footballer Dennis Bergkamp, which includes an augmented reality (AR) experience provided via mobile app

Metals Mints News

Alex Sadler

30 Nov. 2023

7 min read

Monnaie de Paris: from Ancient to Modern – Building Resilience for the Digital Age

Monnaie de Paris, the French-state owned mint, has been in existence since 864, making it not only the oldest institution in France, but probably in the world too. Coin & Mint News™ spoke to its CEO, Marc Schwartz, about the company, his views of the industry as a relative newcomer, and how it is meeting the challenges of today for coins.

Interviews Mints

David Tidmarsh

10 Nov. 2023

4 min read

A Solid Year for Royal Australian Mint, Despite Challenges

The Royal Australian Mint (RAM) recently published its annual report for 2022. In the year, 110 million circulating coins were supplied to banks, a decrease of 19 million from the 119 million supplied in 2021-2022.

Mints Studies, Reports

Alex Sadler

5 Oct. 2023

2 min read

Perth Mint Publishes Annual Report

Gold Corporation, which trades as The Perth Mint, has released its 2022-23 annual report, which reports a pre-tax profit of $52.67 million for the year to end June.

Mints Studies, Reports

Alex Sadler

3 Aug. 2023

3 min read

Latest News from the US Mint

As with most organisations involved in the production of currency, the US Mint continues to regularly release new products in both the circulating and commemorative spheres. In addition to this, the Mint is currently seeking applicants for appointment to the CCAC, and has announced its participation in this year’s World’s Fair of Money®.

Mints