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.

Studies-Reports - May 3, 2024 midnight

Demand for US Circulating Coins Falls in 2023

In its recently published Annual Report for the 2023 fiscal year, the United States Mint reported a 12.1% fall in revenue to $4.68 billion. In volume terms, the Mint shipped 10.5 billion circulation coins to the Federal Reserve Bank compared with 12.1 billion in 2022, a decrease of 1.6 billion coins (-13.2%).

Studies-Reports - March 5, 2024 midnight

US Coin Production Falls to Pre-Pandemic Levels

After three successive years of bumper coin production to meet COVID-induced shortages in the cash cycle, volumes of coin produced for circulation by the US Mint in 2023 finally fell back to pre-pandemic levels.

Circulating Coins - February 6, 2024 midnight

The Debate on Coin Rounding

As those involved in the industry continuously review the cost of coins, not just production but also distribution and circulation costs, so do government bodies to ensure that the currency systems in place are best suited to the areas in which they operate.

Circulating Coins - December 22, 2023 midnight

Majority of Europeans Support Current Coins

The European Commission has published the results of its latest Eurobarometer, a survey conducted to measure public perceptions of the euro currency among citizens living in euro-area countries.

Studies-Reports - December 22, 2023 midnight

Perth Mint Publishes Annual Report

Gold Corporation, which trades as The Perth Mint, has released its 2022-23 annual report, which reports a pre-tax profit of $52.67 million for the year to end June.

Mints - October 6, 2023 midnight

The Other Side of the Coin: Counterfeiting in Europe

Established in 2020 to support national law enforcement authorities in their efforts to fight financial and economic crimes and aid in international cooperation and information exchange, Europol’s European Financial and Economic Crime Centre (EFECC) has just released its first threat assessment on the matter.

Studies-Reports - October 6, 2023 midnight

Creating a Level Playing Field for Cash

The International Mint Industry Association (IMIA) has issued a position paper on the European Commission’s (EC) draft regulations on the legal tender of euro banknotes and coins.

Studies-Reports - October 6, 2023 midnight