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.

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.

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.

The tagline for the Bangko Sentral ng Pilipinas’ (BSP) Annual Report 2023 – ‘Anchoring Stability and Sustainable Growth amid Challenging Times’ – takes note of the inflationary challenges and other pressures that the Philippines faced last year.

Many central banks continue to issue their annual reports for 2023 as the year progresses – including the Central Bank of Ireland (Banc Ceannais na hÉireann) and Reserve Bank of India.

The next edition of the Directory of Circulating Coins is currently being compiled, and is scheduled for publication this Autumn. First developed by the publishers of Currency News in 2014, the upcoming issue will be the fourth edition published.

The high-level programme and award categories for the next edition of The Coin Conference have been announced, with the event scheduled to take place 28-30 October in Lisbon, Portugal.

In commemoration of its 50th anniversary, the Central Bank of the Bahamas has issued a painted version of the country’s 25 cent coin into circulation. The coin is the first painted circulation coin issued by the central bank, and the first circulation coin in the world to feature colour on both sides.

Researchers at the Centre for Pattern Recognition and Machine Intelligence at Concordia University in Montreal, Canada have utilised image-mining techniques and machine learning algorithms to identify flaws in counterfeit coins, enabling greater detection of fakes.

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.

‘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.

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.

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.

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.

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.

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™.

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.

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.

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.

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).