News | Coin & Mint News™

Astrid Mitchell

28 Oct. 2021

2 min read

Smiley’s People – RDM Issues 1st Not for Profit Coin for Charity

The Royal Dutch Mint (RDM) is the latest mint to create a not-for-profit coin for charitable purposes, designing an exclusive coin in collaboration with the Smiley Movement. For every coin sold, it will donate a food box to the Foodbank Amsterdam at Christmas.

Mints Numismatics

Astrid Mitchell

28 Oct. 2021

2 min read

Royal Mint to Recycle Precious Metals from Electronics Waste

Experts believe that as much as 7% of the world’s gold may be contained within the circuit boards of e-waste, most of which ends up in landfill or is incinerated.

Mints Sustainability

Astrid Mitchell

29 July 2021

4 min read

Royal Mint's Bumper Year Despite COVID-19 and Fall in Circulating Coins

‘The past year has been an extraordinarily challenging one for the world as a whole, and The Royal Mint has been no exception’. These were the opening words in the Chairman’s Report for 2020/21.

Mints Studies, Reports

Astrid Mitchell

28 June 2021

2 min read

Support for Euro Remains High, but Not for Low Value Coins

Public support for the euro has reached an all-time high, according to the European Commission's latest Eurobarometer survey.

Circulating Coins Studies, Reports

Astrid Mitchell

27 May 2021

2 min read

Return to Profit on Cards for Finnish Mint

The Mint of Finland, the leading exporter of coins and blanks with 99% of sales coming from overseas customers (up from 93% in 2019), reported near-flat consolidated revenue of €57.2 million in 2020, and an operating loss of €5.1 million (versus €1.4 million the previous year).

Mints Studies, Reports

Astrid Mitchell

27 May 2021

3 min read

US Coin Shortages Persist

Despite the increase in production at the US Mint, coins for general circulation are still struggling to keep pace with public demand, forcing the Federal Reserve to again limit orders from its customers, especially for dimes and quarter dollars.

Cash in Circulation

Astrid Mitchell

27 May 2021

3 min read

A Year of Pivot for RCM, as Bullion Sales Boom, But Coins Decline

The Royal Canadian Mint (RCM) has announced its financial results for 2020. Overall, sales were boosted by 74% due to booming demand for gold bullion products.

Mints Studies, Reports

John Winchcombe

18 May 2021

6 min read

A Focus on Coins in the Cash Cycle

Without coins you cannot receive change when you pay with a banknote. Although banknotes receive most attention in the cash cycle, April’s MDC webinar reminded people why that is a mistake.

Cash Cycle

Astrid Mitchell

2 March 2021

3 min read

Shrap Offers a Future Without Coins

At the Future of Cash conference, Chris Forero-Slee introduced his business, Shrap. As he said, he does not expect to be popular with those who make their living from or who like coins. Shrap (the company presumably takes its name from shrapnel, ie. fragments of shells or bullets but also a colloquial term for small change) is a solution that offers an alternative to coins, which they regard as a ‘pain point’ in payments.

Companies

John Winchcombe

4 Jan. 2021

4 min read

Coin, Coin Everywhere and not a Cent to Spend

At the ICCOS Americas online conference there was, unusually, a coin panel, ‘Coin, coin everywhere and not a cent to spend.’ The focus was on what had happened to coins in the US in the pandemic, why a Coin Task Force had had to be set up and what the situation is now. The panel consisted of Kathleen Young from the Federal Reserve Cash Services Product Office, Ashley Yayock from Walmart, Thomas Strauser from Loomis, JR Davis from Davis Bankcorp and Linda Sherry from National Priorities Consumer Council.

Cash in Circulation Events

John Winchcombe

4 Jan. 2021

3 min read

Germany’s High Coin Demand Driven by Domestic Demand

The Bundesbank (BBk) provides 25.5% of the fully paid capital that underpins the European Central Bank (ECB), but it has brought into circulation 29.9% of the value of coins in circulation (€8.46 billion). This figure has been stable for some time.

Cash in Circulation

4 Jan. 2018

1 min read

Cash & Payment News

Cash & Payment News™ is a unique source of information on cash and how it can be optimised in circulation from the perspective of the public, banks and retailers, central bank cash departments, consumer payments providers and the industries that supply these.

Free

3 Jan. 2018

1 min read

Currency News

Currency News is a unique and comprehensive one-stop source of information covering the specification, design, production, distribution and management in circulation of banknotes and coins, from ‘cradle-to-grave’.

Latest News

Smiley’s People – RDM Issues 1st Not for Profit Coin for Charity

Royal Mint to Recycle Precious Metals from Electronics Waste

Royal Mint's Bumper Year Despite COVID-19 and Fall in Circulating Coins

Support for Euro Remains High, but Not for Low Value Coins

Return to Profit on Cards for Finnish Mint

US Coin Shortages Persist

A Year of Pivot for RCM, as Bullion Sales Boom, But Coins Decline

A Focus on Coins in the Cash Cycle

Shrap Offers a Future Without Coins

Coin, Coin Everywhere and not a Cent to Spend

Germany’s High Coin Demand Driven by Domestic Demand

Cash & Payment News

Currency News

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