Latest News

Alex Sadler

29 Aug. 2024

6 min read

New Coin Issues

The Royal Australian Mint (RAM) has produced a coin to commemorate the 50th anniversary of the National Aboriginal and Islander Day Observance Committee (NAIDOC) being formed entirely of Indigenous peoples.

Commemorative Coins News

Alex Sadler

29 Aug. 2024

9 min read

Changing the World, One Coin at a Time

Global Coin Solutions was established in Toronto, Canada in 2015 with charitable support at the heart of the business. Coin & Mint News™ spoke to founder and CEO, Scott Hutchings, about the company’s ethos and process, the challenges facing coin repatriation, and why collaboration is key to efficient and sustainable coin recirculation.

Interviews

Alex Sadler

29 Aug. 2024

2 min read

United States Wins Top Coin of the Year Award

The US Mint’s ‘Liberty Through Perseverance’ $100 gold coin has been awarded the top prize in this year’s Coin of the Year awards. The 2024 awards honour coins dated 2023 in 10 categories of competition, as decided by an international panel of judges.

Events

Alex Sadler

29 Aug. 2024

5 min read

News in Brief

The Centrale Bank van Curaçao en Sint Maarten has unveiled the designs for the new Caribbean guilder coins and banknotes via simultaneous events held on both islands. The designs draw inspiration from the World Under the Sea where fish swim freely, seeing no borders, noted the Bank during the unveiling.

Circulating Coins News

Astrid Mitchell

29 Aug. 2024

5 min read

All Set for the Coin Conference 2024

The Coin Conference takes place in Lisbon, from 28-30 October, against a backdrop of considerable change in the world of circulating coinage. The agenda is busy and full of substance, reflecting the key challenges, and opportunities, that face issuers and producers.

Events Free Free

Astrid Mitchell

29 Aug. 2024

2 min read

Mint of Finland to Close Next Year

The Mint of Finland (Suomen Rahapaja) is to cease operations and wind down in an orderly manner by next year, bringing to an end a 160-year business which first began minting coins in 1864.

Mints

Alex Sadler

5 Aug. 2024

2 min read

Introducing... HM Precious Metals

Precious metal producer and supplier Heimerle + Meule Group has announced its rebranding to HM Precious Metals, with immediate effect. The rebranding has occurred in the course of the Group’s ongoing internationalisation and, it says, is an adaptation of the company’s name to optimise it for worldwide use.

Companies

Alex Sadler

5 Aug. 2024

4 min read

Is Artificial Intelligence the Future of Minting?

In June, the Mint Director’s Association held a webinar focusing on artificial intelligence (AI) as a tool and how it can be implemented to improve productivity. Titled ‘The Future is Here: How Artificial Intelligence Will Change Modern Minting’, the webinar was hosted by Aditya Berlia – an entrepreneur, educator, and AI advocate – and sponsored by Carveco.

Events Minting Technology

Alex Sadler

5 Aug. 2024

4 min read

Commemorating the 2024 Paris Games

During most Olympic and Paralympic Games, there have been a variety of products released to commemorate the occasion and celebrate the athletes taking part. The 2024 Paris Games are no different, and here we cover a selection of commemoratives minted to mark the event.

Commemorative Coins

Alex Sadler

5 Aug. 2024

2 min read

People in the News

A few recent personnel updates from The Royal Mint, Royal Dutch Mint, MKS PAMP, and Schuler.

Companies 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

5 Aug. 2024

2 min read

No New Coins for the UK

No orders for new coins intended for general circulation have been sent by the Treasury to The Royal Mint this year, in what is believed to be a historic first. The Royal Mint issued just shy of 16 million coins last year, in comparison to the 162 million issued in 2022-23.

Circulating Coins

Robert Newman

5 Aug. 2024

3 min read

Discovering AI’s Potential in Modern Coin Design

AI is an inevitable evolution in many aspects of the minting business. At its core, it automates repetitive tasks, making it a powerful tool for numerous applications within a modern mint.

Design Free Technology Free

Chander S Jeena

3 July 2024

2 min read

A New Approach for Detecting Counterfeit Coins

Researchers at the Centre for Pattern Recognition and Machine Intelligence at Concordia University in Montreal, Canada have utilised image-mining techniques and machine learning algorithms to identify flaws in counterfeit coins, enabling greater detection of fakes.

Authentication Technology

Alex Sadler

3 July 2024

7 min read

New Coin Issues

In commemoration of its 50th anniversary, the Central Bank of the Bahamas has issued a painted version of the country’s 25 cent coin into circulation. The coin is the first painted circulation coin issued by the central bank, and the first circulation coin in the world to feature colour on both sides.

Circulating Coins Commemorative Coins

Alex Sadler

3 July 2024

2 min read

Programme and Awards Announced for The Coin Conference 2024

The high-level programme and award categories for the next edition of The Coin Conference have been announced, with the event scheduled to take place 28-30 October in Lisbon, Portugal.

Events

Alex Sadler

3 July 2024

1 min read

Raise Your Profile with Coin Issuers Worldwide

The next edition of the Directory of Circulating Coins is currently being compiled, and is scheduled for publication this Autumn. First developed by the publishers of Currency News in 2014, the upcoming issue will be the fourth edition published.

Free Studies, Reports Free

Alex Sadler

3 July 2024

3 min read

Central Banks Report on 2023

Many central banks continue to issue their annual reports for 2023 as the year progresses – including the Central Bank of Ireland (Banc Ceannais na hÉireann) and Reserve Bank of India.

Central Bank Studies, Reports

Alex Sadler

3 July 2024

4 min read

BSP Anchors Stability and Sustainable Growth

The tagline for the Bangko Sentral ng Pilipinas’ (BSP) Annual Report 2023 – ‘Anchoring Stability and Sustainable Growth amid Challenging Times’ – takes note of the inflationary challenges and other pressures that the Philippines faced last year.

Central Bank Studies, Reports