Thailand struggles with too many coins
Vending machine operators in north-eastern Thailand face a serious problem: they must exchange too many coins into banknotes. By a regulation they aren’t allowed to use local offices but have to exchange at the regional bank where the amount of coins is limited.
Registration to MDC 2014 open
All those who want to attend the XXVIII Mint Directors Conference 2014 in Mexico are now able to register online. Simply go to the MDC website and enter the reserved area where you can access to all information.
Heads or Tails in Kenya
Kenya’s coinage is depicting former presidents of this country despite currency Article 231 (4), which forbids to show any individual’s portrait. Richard Giedroyc reports that Kenya is planning to design new coins and banknotes.
Dutch National Bank Investigates Psychology Behind Payment Method Choices
The Dutch Central Bank recently conducted research into the psychological aspects behind choosing one payment method over another. Its motivation for the research was to understand why the migration from cash to electronic payments has not proceeded as quickly as expected in the Netherlands.
Who’s the lady on British coins? Britannia or Margaret Thatcher?
A research by The Royal Mint has revealed that 25 per cent of British adults cannot tell who is Britannia on British coins. Instead they identify this figure with historical persons like Queen Elizabeth I or Boadicea. The Royal Mint has started an educational campaign.
Swissmint new member of the association of Switzerland’s coin dealers
The Association of Swiss Professional Numismatists welcomes Swissmint as a new member. The Federal Mint Swissmint is an independent unit of the Swiss Department of Finances and has produced Switzerland’s coins since 1848.
Coin set ‘Japan-Spain relations’ officially presented
Recently the Japan Mint has issued a 2013 Proof Coin Set dedicated to ‘400th Anniversary of Japan-Spain Relations’. During a bilateral business meeting in Spain these sets were presented to and by high representatives of both countries.
Ten years of Wertpapierwelt – Museum of Historical Shares and Bonds
To commemorate its ten-year anniversary, the world’s most prominent collection of historical securities is presenting a new type of exhibition. A modular design takes the visitors into the past and present world of shares and bonds and our complex economy.
Teletrading coin dealer jailed for fraud
David Laurence Marion owned International Rarities Corp. a big Minneapolis-based company. The firm went broke and its owner is now going to prison for five years because defrauding clients over millions of dollars.
Meteorite particles in Olympic gold medals
When a meteorite went down in Russia earlier in 2013, for the very first time a large number of persons were hurt during such an event. Now particles of the meteorite are included in seven gold medals at the 2014 Olympic Winter Games in Sochi.