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.

The Royal Australian Mint typically mints the first coin of the year, due to its geographical position as one of the first countries to enter the new year and the event that it holds every 1 January. This year’s theme for the RAM’s Mintmark programme celebrates the Mint and its workers, coins, architecture, and 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.

The Royal Canadian Mint has announced a new partnership with enim Technologies, which extracts precious metals from e-waste, to explore the possibility of incorporating these metals into the Mint’s future coin production.

The Royal Dutch Mint has announced the launch of bullion coins as a new category of products available for purchase on its e-commerce sites, in addition to confirming that it will produce Finland’s new coins under the brand name of Helsinki Mint.

In announcing the publication of its annual report, the Perth Mint stated that the 2023-24 financial year was a challenging one for the organisation.

Titled ‘Change’, the Royal Australian Mint’s 2023 annual report is aptly named for an organisation, and industry, that experienced multiple significant changes over the course of last year.

The Royal Dutch Mint has signed a multi-year agreement with Finland’s Ministry of Finance for the production, marketing, and distribution of circulation and commemorative euro coins.

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.

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.