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US Penny Shortages Continue

Production of the humble penny (one cent coin), long a staple of US American currency, officially ceased last year. This seems to have created an unexpected set of challenges for businesses, banks, and consumers across the United States. While pennies remain legal tender and existing coins will continue to circulate, access to them has already become an issue, prompting retailers to adopt new practices and the US Treasury to issue guidance.

News in Brief

Bullion International Group (BIG), part of MKS PAMP GROUP, has signed a bi…

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Registration Now Open for The Coin Conference 2026

Registration is now open for The Coin Conference 2026, which is scheduled to take place in Budapest, Hungary,…

The Starting Point of Payment Efficiency

When ensuring payment efficiency, the goal is to minimise the number of co…

People in the News

A few recent personnel updates from Osborne Coinage, the Lithuanian Mint, …

Editors Choice

Changebox: Where Cash Meets Convenience

What do people do with spare cash, particularly coins? That is the perennial question asked by central banks, mints, and those involved in ensuring that cash continues to circulate effectively. Although there is a phenomenal amount of cash in circulation, there is often a gap between circulation/production figures and availability of certain denominations on the street. This is arguably a greater issue with lower denominations and therefore coins specifically, and it is unsurprising that companies are noticing the issue and developing systems to gather spare cash and get it back into circulation. Enter Changebox and its founder and CEO, Chase Goggans.

  • Expanding Global Pathways for Coin Repatriation

    In August 2024, Global Coin Solutions incorporated its first overseas subsidiary office in Tokyo. Nearly 18 months after the company’s expansion into the heart of Asia’s coin market, Coin & Mint News…

  • US Penny Shortages Continue

    Production of the humble penny (one cent coin), long a staple of US American currency, officially ceased last year. This seems to have created an unexpected set of challenges for businesses, banks, a…

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