Royal Canadian Mint achieves $1 billion in revenue in single quarter for first time ever
The Royal Canadian Mint reported the achievements of an extraordinary second quarter with an increase in consolidated revenues of 93.8% to $1.05 billion in the 13 weeks ending June 29, 2013.
First Spouse coins delayed
As in 2012 this year the First Spouse Coins issued by the US Mint are delayed due to “finning” as the US Mint’s Tom Jurkowsky explained.
Could US bill prohibit bullion coins?
A new bill is intended to prevent the loss business of producing circulation coins whose production cost exceed their face value by far. However, incidentally, this bill could prevent the profit-making issue of bullion coins as well.
Reputation Damage at Orell Füssli
Switzerland’s only security printing company Orell Füssli reported 1,800 banknotes were stolen during production. They have no serial numbers and holders will be reimbursed by the national bank. The producer covers the cost – but much worse is the loss of trust.
ON THE RECORD: The Royal Mint – Overcoming Market Challenges
The Royal Mint is one of the most renowned mints with a long history. Currency News spoke with its CEO Adam Lawrence what challenges the mint has to face and how it deals with them. We republish this interview here.
The new MintWorld Compendium is online
The latest issue of the new MintWorld Compendium is online. This magazine is dedicated to the future of money museums run by mints and central banks.
Registration to EVA workshop at Brussels has opened
The registration website is now open for the EVA’s AGM and workshop 2013 which will take place on November 28, in Brussels. The topic of this edition is: “Shaping the EVA’s goals for the next 3 years”.
Currency Research London Review Seminar
The Currency Research Team recaps the latest issues and trends presented at various international Conferences and Seminars for industry colleagues who have been unable to attend and participate in the international conferences. The next review seminar will be in London on November 4-5, 2013.
Schuler streamlines organization
The listed Schuler Group is streamlining its top management level and merging individual companies. The Board of Management is to be downsized from five to four members and the number of second-tier managers in Germany is to be reduced significantly.
Mulligan Mint gone bust
Since its foundation in 2012 the Dallas-based Mulligan Mint has released rather peculiar coins for collectors and individuals. Now it has filed a Chapter 11 case after more than 71,000 ounces of a silver shipment missing.