Update on the Coin Conference
The programme is taking shape for the 2nd Coin Conference, which takes place March 12-13 2013 at the Palace Hotel in Berlin. Many interesting papers have been confirmed yet.
Pacific Island Coinage Seminar summary
The Royal Australian Mint held a Pacific Island Coinage Seminar from September 18 to 21, 2012 in Canberra. Delegates from Central Banks and financial departments represented nine nations aiming at developing the understanding of international coinage issues and trends.
Definitions – Work in Progress: Plaster Model
We are working on an encyclopaedia of technical terms used by the coin producing industry. Help us by doing so! Today’s definition is dedicated to the term “Plaster Model”.
Colombia’s New Coin Series
CurrencyNews has informed us that the Banco de la República de Colombia has issued a new and extended family of coins. The 1,000 Peso has returned after ten years replacing the 1,000 Peso banknote. The new coins are lighter, smaller and have a range of new security features.
Nigeria’s naira reform halted
Nigeria was to introduce new coins and a banknote of higher denomination. But after protests Nigeria’s president Goodluck Jonathan ordered the naira reform to be stopped until the Central Bank of Nigeria has communicated better its policy.
Legal Tender in the UK
General public might think that coins and banknotes are legal tender – without a limit. But more and more countries define up to which amount coins and banknotes have to be accepted. You are fined for example, when you pay an Italian bill exceeding 1,000 euro cash. And here are the rules in Great Britain.
New US Mint Director Nominated
After more than 18 months US President Barack Obama announced a new nomination for the US Mint director. The nominated Bibiana Boerio has served for decades in the automobile industry.
Marketing of Coins meant for Circulation
Richard Giedroyc describes the reasons he thinks to be responsible for the lack of awareness of certain coin nominations like the dollar and the half dollar coin in the US. A lack of marketing is leading to missing knowledge about new denominations.
The Canadian Penny – a nation’s property or the Queen’s?
How is your mint handling the copyright on circulation coinage? The Royal Canadian Mint was faced with public displeasure, when they charged a singer using a coin image on his CD cover with a fee. This was completely according to the mint’s copyright regulations. Nevertheless in the end another solution had to be found.
The Royal Danish Mint then and now
Since the middle of 2012 the Danish paper money production and the mint have been merged. Hans Denkov tells us about the reasons for this step.