Circulating Coins


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US Coin Production Costs Continue to Rise

According to the US Mint’s Annual Report for 2024, the production and associated costs for circulating coinage continues to rise year-on-year. Much of the increased production costs this year have been attributed to the cost of metal acquisition, although this is far from the first time that penny and nickel costs exceed their face value.

Circulating Coins - March 4, 2025 midnight

Penny for Your Thoughts? There Are Plenty

Debates surrounding low value coinage – their use, perceived usefulness, seigniorage, and so on – are hardly rare, particularly as countries such as the Bahamas, Estonia, Slovakia, and Lithuania have either previously or plan to introduce cash rounding, effectively dropping the lowest denominated coins regardless of them remaining legal tender.

Editorial - March 4, 2025 midnight

New Supplier for Danish Coins

Danmarks Nationalbank has announced the signing of a new agreement with Fábrica Nacional de Moneda y Timbre – Real Casa de La Moneda (FNMT-RCM, or the Spanish Mint) regarding production of Danish coins for the next four years.

Circulating Coins - January 30, 2025 midnight

Coin Production and Distribution in Pakistan

The history of Pakistan, as reflected through its coinage, offers a fascinating narrative of the country’s development and it’s shifting political and cultural landscape.

Circulating Coins - December 23, 2024 midnight

US Coin Production Falls Dramatically

According to production figures from the US Mint as of the end of October, just under 4.62 billion coins have been manufactured this year. Annual mintage for 2024 is estimated to reach 5.5 billion coins – a 56.5% decline compared to the same period in 2023.

Circulating Coins - December 23, 2024 midnight

New Coin Issues

The Royal Canadian Mint has produced a $2 commemorative circulation coin to celebrate Inuit Nunangat, the Inuit homeland, a vast area that encompasses land, water, and ice and a source from which Inuit draw unity, strength, resilience, and identity.

News - November 25, 2024 midnight

Where Are We on King Charles III Coin Updates?

Following the death of HM Queen Elizabeth II in September 2022, there was much conversation about it meant for the countries whose currency – notably coins here – bore her portrait. Two years on from the succession of King Charles III as monarch, where do these countries stand with updating their coins?

Circulating Coins - November 25, 2024 midnight

New Coin Issues

ABC Mint has launched a five coin series entitled ‘Untamed Landscapes’, celebrating the natural beauty of Oceania.

News - October 28, 2024 midnight

US Mutilated Coin Program Permanently Abolished

Earlier this year, the US Mint published a proposal to abolish its Mutilated Coin Redemption Program, relating to the face value exchange of bent and partial coins. Further to the consultation, which concluded at the beginning of July, the Mint published a final rule detailing the permanent closure of the program.

Circulating Coins - October 1, 2024 midnight