Latest News

Alex Sadler

3 July 2024

5 min read

News in Brief

Earlier this month, Banco de Moçambique began issuing a new currency series, which includes an updated set of circulation coins. The previous nine coin denominations have been reduced to seven, with the 20 and 5 cent coins discontinued.

News

Alex Sadler

3 July 2024

4 min read

European Mints Commemorate 80 Years Since D-Day

This year marks the 80th anniversary of 'D-Day' and several European mints have produced coins to commemorate the occasion – amongst them The Royal Mint, Monnaie de Paris, and the Royal Dutch Mint.

Commemorative Coins

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

John Winchcombe

4 June 2024

4 min read

The Challenges of Circulating Coins

The Coin Workshop started this year’s Banknote Conference – which took place in Fort Worth, Texas from 13-16 May – with a mix of data, storytelling, and discussion.

Cash in Circulation Circulating Coins Events

David Tidmarsh

4 June 2024

8 min read

World Money Fair Technical Forum 2024 Review – Part 3

Earlier this year, the World Money Fair Technical Forum celebrated its 20th anniversary, with 15 papers presented at the event in total. This article is the third and final summary of the remaining five papers which have yet to be reviewed in previous issues of Coin & Mint News™.

Events Technology

Mühlbauer

4 June 2024

6 min read

Cash Handling – State of the Art Inspection of Used Coins

Beside cashless payments, coins are still a part of modern life. Minting, circulating and recirculating of coins remains a great responsibility for mints and central banks. Depending on the quality of the coin, the lifespan of hard cash can be 10 years or more.

Cash in Circulation Free Technology Free

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

Alex Sadler

4 June 2024

3 min read

Numismatics Platform Continues Expansion

Coin collecting platform Coiniverse enabled purchasing ability on its mobile application at the end of March, following this with an announcement that the first coins sold out within 72 hours.

Numismatics

Alex Sadler

4 June 2024

1 min read

How Will AI Change Modern Minting?

‘The Future is Here: How Artificial Intelligence Will Change Modern Minting’ is the title of the Mint Directors Association’s webinar focusing on artificial intelligence as a tool and how it can be implemented to improve productivity.

Events Minting Technology

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

2 min read

RDM Commemorates Several Anniversaries

The Royal Dutch Mint, in collaboration with the Royal Belgian Mint, has released a new limited issue silver €10 coin to celebrate the 75th anniversary of the North Atlantic Treaty Organization (NATO). It has also released two special commemorative coins to mark the 200th anniversary of the Royal Netherlands Sea Rescue Institution (KNRM).

Commemorative Coins News

Alex Sadler

2 May 2024

4 min read

News in Brief

The Reserve Bank of Zimbabwe has begun the roll out of a new structured currency to replace the beleaguered Zimbabwean dollar, seeking to tackle hyperinflation and stabilise the country’s economy.

Circulating Coins News Sustainability

David Tidmarsh

2 May 2024

9 min read

World Money Fair Technical Forum 2024 Review – Part 2

This year the Technical Forum celebrated its 20th Anniversary at the World Money Fair, with some 280 people attending either in person or online. A total of fifteen papers were presented, with this month’s review continuing on from the March issue and covering the middle third of these presentations.

Events Technology

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

Alex Sadler

2 May 2024

4 min read

New Coin Issues

Imprensa Nacional – Casa da Moeda has released two commemorative coins, one of which is a circulating commemorative and the other a collector’s coin, and a medal to mark the 50th anniversary of the 25th of April.

Circulating Coins Commemorative Coins News

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

3 min read

News in Brief

Belgian businesses and shopkeepers will soon be obliged to accept cash payments following the Federal Government’s approval of legislation around cash acceptance. This follows a rise in the number of establishments that do not accept cash and subsequent complaints about the issue.

Metals News Sustainability

Alex Sadler

4 April 2024

3 min read

Anti-Counterfeiting and Traceability Updates

The Central Bank of Kosovo has released details of its efforts to fight counterfeit currency, noting that it had successfully coordinated inter-institutional meetings to design and implement effective strategies to combat the circulation of counterfeit coins, especially €2 coins.

Authentication Cash in Circulation Technology

Alex Sadler

4 April 2024

3 min read

New Circulating Coins for France

Three of France’s circulating coins are being updated to honour three exceptional French women. The updates to these coins follows those made in 2022 to the €1 and €2 coins, and marks the first time that the national sides of the coins have been updated since France’s adoption of the euro as its currency.

Circulating Coins