Latest News

Alex Sadler

3 Aug. 2023

5 min read

News in Brief

The Banco de la República (Colombia) and the Mint of Finland have signed a new contract for the production and supply of Colombian coins, which includes three denominations – $50, $200 and $500 Colombian pesos.

News

John Winchcombe

3 Aug. 2023

5 min read

Royal Mint Reports Success of Diversification Plan

In The Royal Mint's Annual Report 2022-23, the Chief Executive, Anne Jessopp, noted that it has been a pivotal year for the Mint as it embarked on a five-year business transformative plan. Revenue for the year increased by 33.82% to £1.87 billion, from £1.4 billion in FY 2022. Operating profit increased by 27.3% to £17.7 million compared with £13.9 million for the previous year.

Mints Studies, Reports

Alex Sadler

6 July 2023

3 min read

How Important is Ethical Sourcing? – Part 2

Back in December, Coin & Mint News posed the question ‘how important is ethical sourcing?’, highlighting a few organisations that are considering the sourcing of their metals and looking at ways to make the process more transparent and sustainable.

Free Metals Free

Alex Sadler

6 July 2023

7 min read

New Coin Issues

In celebration of National Indigenous Peoples Day in Canada, the Royal Canadian Mint has launched a new $2 commemorative circulation coin, which features the combined work of three artists.

Circulating Coins Commemorative Coins News

Astrid Mitchell

6 July 2023

3 min read

Zimbabwe Resorts to Specie Coins

The Reserve Bank of Zimbabwe is issuing gold coins which are specie rather than fiat money in an attempt to stabilise the Zimbabwean currency, bring inflation under control and reduce reliance on the US dollar.

Circulating Coins News

Alex Sadler

6 July 2023

3 min read

BSP Launches Coin Deposit Machines

The Bangko Sentral ng Pilipinas has launched Coin Deposit Machines in partnership with several retailers, aiming to promote efficient coin recirculation in the country. According to the bank, the machines are ‘accessible, convenient, and efficient coin exchange facilities’.

Central Bank Technology

John Winchcombe

6 July 2023

7 min read

Central Banks Report on Coins in Circulation

We continue our periodic series of articles on the latest annual reports from central banks and the information they provide on circulating and commemorative coins.

Central Bank Studies, Reports

Alex Sadler

6 July 2023

4 min read

News in Brief

The Italian government has appointed a new President and a new managing director for Istituto Poligrafico e Zecca della Stato (IPZS), the Italian Mint.

News

Chander S Jeena

6 July 2023

3 min read

Casa da Moeda to Launch Gold Traceability Platform

Leondaro Abdias, Director of Innovation and Market at the Brazilian mint, Casa da Moeda do Brasil, announced measures to combat illegal gold trade in Brazil during an event held in May titled ‘Ways of Gold: the Importance of Traceability to Prevent Illegality and Irregular Extraction’.

Authentication Metals

John Winchcombe

6 July 2023

2 min read

SARB Reports on Mint Performance and New Coin Series

The Reserve Bank of South Africa runs the South African Mint as a wholly owned subsidiary. In its 2022/23 annual report it highlighted the issue of the fourth decimal coin series on 3 May 2023, the first new coin series in 34 years.

Central Bank Circulating Coins Studies, Reports

Alex Sadler

6 July 2023

1 min read

MDC Announces Second Keynote Speaker

Hosted by the Royal Canadian Mint and scheduled to take place this October, the 2023 Mint Directors Conference (MDC 2023) has announced the second keynote speaker for the programme.

Events

Alex Sadler

6 June 2023

4 min read

News in Brief

The Central Bank of Curaçao and Sint Maarten has selected the Royal Canadian Mint to produce and supply the countries’ new Caribbean guilder coins, which are scheduled for introduction in the second half of 2024.

News

Alex Sadler

6 June 2023

2 min read

Royal Canadian Mint Scoops IACA Award

The Currency Conference gala dinner on 16 May hosted the presentation of the latest International Association of Currency Affairs 2023 Excellence in Currency Awards.

Events

Alex Sadler

6 June 2023

3 min read

South Africa Issues New Coin Series

The South African Reserve Bank has issued a new coin series, which is the fourth series since decimalisation in 1961 and the first coin redesign in 34 years.

Circulating Coins

John Winchcombe

6 June 2023

6 min read

Coins: a World of Energy and Creativity

Data and trends, managing circulation well, optimising specifications, and the role and value of coins were the key topics of the Currency Conference Coin workshop. Minting and circulating coins have challenges but a vibrant and bustling story was evident in all areas with much to discuss and debate.

Events

Alex Sadler

6 June 2023

6 min read

New Coin Issues

To celebrate 50 years of the Van Gogh Museum, the Royal Dutch Mint produced 50 silver coins which feature glass enamel sunflowers. The sunflowers were handmade by the Mint’s silversmiths in-house and are, of course, based on the famous Sunflowers painting created by Vincent van Gogh in 1889.

Commemorative Coins News

John Winchcombe

6 June 2023

3 min read

Central Banks Report on Coins in Circulation

A number of central banks have recently released their annual reports, which include the latest figures on coins in circulation. Below are a selection of these reports and the figures noted within.

Central Bank Studies, Reports

Alex Sadler

6 June 2023

11 min read

Royal United Mint – US Acquisition Charts a Path of Growth for Coins, Precious Metals and Tokens

Earlier this year, Royal United Mint acquired Osborne Coinage Co, which is based in Cincinnati, Ohio and is the oldest private mint in the US. Coin & Mint News™ caught up with Vincent Van Hecke, CEO of RUM and the Royal Dutch Mint, to find out more about the acquisition, his plans for the company and where he sees the market for coins, bullion and tokens going in the next 10 years.

Free Interviews Free

Astrid Mitchell

6 June 2023

4 min read

2022: Royal Canadian Mint Meets Expectations

The Royal Canadian Mint has published its results for 2022, stating that, whilst its financial performance was below 2021 levels, this was expected given the exceptional performance seen in 2021, and planned operational maintenance in 2022. The Mint still exceeded its financial goals for 2022, as set out in the Corporate Plan.

Mints Studies, Reports

Astrid Mitchell

6 June 2023

2 min read

Mint Of Poland Secures Outlets – Banking on Indigenous Growth

The Mint of Poland, which trades on the Warsaw Stock Exchange as the only publicly-listed mint, has three distinct business segments – mint products, electronic payments, and real estate development, representing 82.7%, 16.54%, and 0.76% of revenue in 2022, respectively.

Mints Studies, Reports