Latest News

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

5 Oct. 2023

3 min read

The Other Side of the Coin: Counterfeiting in Europe

Established in 2020 to support national law enforcement authorities in their efforts to fight financial and economic crimes and aid in international cooperation and information exchange, Europol’s European Financial and Economic Crime Centre (EFECC) has just released its first threat assessment on the matter.

Cash in Circulation Studies, Reports

John Winchcombe

5 Oct. 2023

5 min read

Creating a Level Playing Field for Cash

The International Mint Industry Association (IMIA) has issued a position paper on the European Commission’s (EC) draft regulations on the legal tender of euro banknotes and coins.

Associations Cash in Circulation Free Free

John Winchcombe

3 Sept. 2023

3 min read

Spain’s Coin Circulation and Management

At the Coin Conference in Amsterdam last October, Beatriz Guia of Banco de España provided an overview of Spain’s coin circulation and management. This article is based on that presentation, with an update following the publication of the BdE’s annual report this summer.

Cash in Circulation Central Bank Studies, Reports

John Winchcombe

3 Sept. 2023

8 min read

Central Banks Report on Cash and Coins in Circulation

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

Central Bank Studies, Reports

John Winchcombe

3 Aug. 2023

5 min read

Royal Mint Reports Success of Diversification Plan

In The Royal Mint's Annual Report 2022-23, the Chief Executive, Anne Jessopp, noted that it has been a pivotal year for the Mint as it embarked on a five-year business transformative plan. Revenue for the year increased by 33.82% to £1.87 billion, from £1.4 billion in FY 2022. Operating profit increased by 27.3% to £17.7 million compared with £13.9 million for the previous year.

Mints Studies, Reports

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

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

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

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

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

John Winchcombe

3 May 2023

4 min read

RCM’s Active and Busy ESG Agenda

The Royal Canadian Mint (RCM) produces coins for Canada, exports over 1 billion coins each year and provides technical support and materials to other mints. Sustainability (in its broadest sense) is a key part of the Mint’s operations and philosophy and it has recently issued its 2023 Environment Social and Governance (ESG) report.

Studies, Reports Sustainability

David Tidmarsh

3 May 2023

3 min read

US Mint Reports Near Record Production Levels

In 2022, the US Mint continued to manufacture coins at near record levels, producing nearly 14 billion in the year.

Mints Studies, Reports

John Winchcombe

3 May 2023

4 min read

Finnish Mint’s Approach to Social Responsibility

The Mint of Finland has issued its 2022 Corporate Social Responsibility report. This article is a summary of that report, along with the presentation that the Mint made in the coin session at the recent Silk Road Conference in Kazakhstan.

Mints Studies, Reports Sustainability

John Winchcombe

4 April 2023

3 min read

Safeguarding Cash: ICA Recommendations to Central Banks

The International Currency Association (ICA), representing the global currency sector, has published a Cash Policy White Paper. It wants policy makers to recognise that the benefits of cash to society may be lost without practical steps to protect the supply and acceptance of cash in society and promote its further development.

Studies, Reports

Astrid Mitchell

4 April 2023

3 min read

Mixed Picture for Mints’ Annual Results

Both the Monnaie de Paris and the Mint of Finland have published their results for 2022. The French mint had a good year, the Finnish Mint did not.

Mints Studies, Reports

Alex Sadler

4 April 2023

2 min read

Federal Reserve Continues to Report $1 Coin Surplus

Under section 104 of the US Presidential $1 Coin Act of 2005 (Public Law 109-145), the Board of Governors of the Federal Reserve System is required to submit an annual report to Congress on the Presidential $1 Coin Program.

Cash in Circulation Studies, Reports