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New Coin Issues

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.

News - July 4, 2024 midnight

A New Approach for Detecting Counterfeit Coins

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.

Authentication - July 4, 2024 midnight

European Mints Commemorate 80 Years Since D-Day

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.

Commemorative Coins - July 4, 2024 midnight

News in Brief

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.

News - July 4, 2024 midnight

BSP Anchors Stability and Sustainable Growth

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.

Central Bank - July 4, 2024 midnight

US Considers Scrapping Mutilated Coin Programme

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.

Mints - June 5, 2024 midnight

Royal Canadian Mint Reports Lower Sales and Profit for 2023

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.

Studies-Reports - June 5, 2024 midnight

The Challenges of Circulating Coins

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.

Events - June 5, 2024 midnight

Cash Handling – State of the Art Inspection of Used Coins

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.

Free - June 5, 2024 midnight

Numismatics Platform Continues Expansion

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.

Numismatics - June 5, 2024 midnight

How Will AI Change Modern Minting?

‘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.

Events - June 5, 2024 midnight

World Money Fair Technical Forum 2024 Review – Part 3

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™.

Events - June 5, 2024 midnight

There’s A Lot Going On at Swissmint!

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.

Free - May 29, 2024 midnight

World Money Fair Technical Forum 2024 Review – Part 2

This year the Technical Forum celebrated its 20th Anniversary at the World Money Fair, with some 280 people attending either in person or online. A total of fifteen papers were presented, with this month’s review continuing on from the March issue and covering the middle third of these presentations.

Events - May 3, 2024 midnight

New Coin Issues

Imprensa Nacional – Casa da Moeda has released two commemorative coins, one of which is a circulating commemorative and the other a collector’s coin, and a medal to mark the 50th anniversary of the 25th of April.

News - May 3, 2024 midnight

RDM Commemorates Several Anniversaries

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).

Commemorative Coins - May 3, 2024 midnight

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