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Why Is There A Shortage of Small Change in the Philippines?
The police found 50 million 1 peso coins in a warehouse in the Philippines, which have suffered from a shortage of small change for years. The central bank is calling for coin hoarding to be criminalised – but parliament passed such a bill in 2014. How come?
A Hoard of Small Change Feeds Hungry Fish at the Aquarium
As a child, did you ever gaze into a fountain in amazement and wonder what you could buy with all the coins glittering at the bottom? Well, one aquarium in the USA is currently using them to care for its animals.
Far From Small Change – Ancient Gold Coins Donated to the Salvation Army
A lovely story from Christmastime, before coronavirus took over our lives: instead of the usual small change, two ancient gold coins found their way into a red Salvation Army kettle. The coins have now been sold by Heritage Auctions.
Why can’t we get rid of small change in most of the modern vending...
Have you been to Spain recently? To pay at the parking garage, you can insert all your 1 and 2 Cent coins, thus feeding a lot of small denominations into circulation again. But why do Spanish vending machines accept small change while others don’t? Here you can read the answer by Erwin Wetzel, Director General of the European Vending Association.
Round table on ‘small change’
The DAMIN programme studies the depreciation of silver in the second half of the nineteenth century and its consequences in developed countries. The second round table is dedicated to ‘small change’ or bronze and copper coins from Antiquity to the nineteenth century.
Airtime instead of small change
Immaterial airtime seems to be the solution to a vital problem of Zimbabwean economy: the overwhelming, ubiquitous lack of coins and hence of small change.
India Grapples with Small Change Dilemma
Projecting future demand for coins and bank notes should be part of the logistical economic considerations planned by any government. Unfortunately for India the demand for “small change” in both mediums continues to outstrip the supply. Richard Giedroyc is composing a picture of the situation for us.
A Spectacular Farewell to the Kuna: Croatia Mints the World’s Smallest Coin
On 1 January 2023, Croatia will introduce the euro. To mark the occasion, the Croatian Mint came up with something very special for the last kuna commemorative issue: it will set a new record for the world’s smallest coin. The record coin is only available in a set, together with a commemorative issue for the Višnjan Observatory.
How the World’s Smallest Coin Was Minted
On 1 January 2023, Croatia will change over to the euro. And while minting presses are producing the new coins at full speed, the Croatian Mint treats itself to something very special. It wants to bid farewell to the kuna with a bang and demonstrate its technical skills at the same time: Croatia mints the world’s smallest coin. A Look Behind the Scenes.
Indiana Jones at the Coin Change Machine?
“Coin noodling” is going viral on social media: people get rolls of coins at the change machine and search them for treasures. Does that sound exciting? Ready why you should be careful before you give it a try.