Attendee's Geolocation
2019 Review
Facing the Challenges in Making the Change
The 2019 Coin Conference, which took place in Rome from 14-16 October 2019, attracted 185 people from 45 countries & 103 organisations, a record number of countries and organisations. Perhaps this interest has been generated by the challenges and opportunities facing all involved in coins.
The conference had its usual rich mix of topics presented and discussed with the ever-fresh interest in new coin issues, public education and circulating commemoratives. Some of the big topics attracting a number of presentations were:
- The decline in coin issue
- The challenge of recirculation
- Getting the right denominational structure – the coin/note boundary and removing low denominations
With 32 presentations, not including the full day’s worth of pre-seminars and the tour of the Banca d’Italia’s print works and the Italian Mint, it is impossible to do more than touch on the value delivered during this conference. There were presentations on the future of cash, forecasting, seignorage, the value mints add to the economy and much more.
Suffice to say the conference was a busy, happy and useful event, which passed in a flash.
The main programme was preceded by two workshops. One, convened and moderated by the MDC Customer Task Force for central banks, looked at optimising the efficiency of the coin cycle. The other covered the subject of making money with coins, in the context of circulating commemorative and collectors coins and how all the stakeholders – issuers, mints, retailers and dealers – can work together to ensure a healthy market.
The Coin Conference was also host to the presentation of the IACA Excellence in Currency Awards for Coins 2019.
And on the day after the conference, the Banca d’Italia hosted a tour of its printworks, and the Italian Mint (IPZS) of its new museum.
Currency News, the organisers of the Coin Conference, would like to thank all those involved for their support – the speakers, the delegates, among them the Royal Canadian Mint (gold platinum sponsor), the Royal Dutch Mint (gold sponsor), China Banknote Printing and Minting Corporation, Freiberger Eurometall, Jarden Zinc Products, MONEA, Monnaie de Paris and TAV Vacuum Furnaces.
The next Coin Conference will take place in the autumn of 2021.
Central Bank of Oman
Central Bank of Eswatini
Bangko Sentral ng Pilipinas
Gallery
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National Bank of Kyrgyzstan
MintMatrix
Japan Mint
Attendees
Afghanistan Revenue Department
Afghanistan
Altek Dokum Hadde Mam. San. Tic. A.S.
Turkey
Arrandene MFG Ltd
United Kingdom
ArtaZn LLC
USA
ATM Industry Association (ATMIA)
United Kingdom
Baden-Wurttemberg State Mints
Germany
Banco de España
Spain
Bangko Sentral ng Pilipinas
Philippines
Bank Indonesia
Indonesia
Bank of Albania
Bank of Italy
Italy
Bank of Korea
South Korea
Bank of Mexico
Mexico
Bank of Mozambique
Mozambique
Bank of Uganda
Uganda
Bavarian State Mint
Germany
BEUC – European Consumer’s Organisation
Belgium
Cameron Associates LLC
USA
Central Bank of Barbados
Barbados
Central Bank of Colombia
Colombia
Central Bank of Eswatini
Swaziland
Central Bank of Hungary
Hungary
Central Bank of Nigeria
Nigeria
Central Bank of Oman
Oman
Central Bank of the Republic of Turkey
Turkey
China Banknote Printing and Minting Corporation
China
Coin Service Nord S.p.A.
Italy
Coin Wrap Inc
USA
Coinstar Inc
USA
Coinstar Ltd
United Kingdom
CoinsWeekly / MintWorld
Germany
Compania Europea de Cospeles S.A. (Ceco,S.A.)
Spain
Cummins-Allison Corporation
USA
Currency Research
United Kingdom
Davis Bancorp
USA
De Nederlandsche Bank N.V.
Netherlands
Emporium Hamburg
Germany
European Commission – Directorate General for Health and Food Safety (SANTE)
Belgium
Federal Reserve Bank of San Francisco
USA
FNMT (Fabrica Nacional de Moneda y Timbre – Real Casa de la Moneda)
Spain
Freiberger EuroMetall GmbH
Germany
Fritz Rudolf Künker GmbH & Co. KG
Germany
G4S Cash Solutions (NL)
Netherlands
Giesecke+Devrient Currency Technology GmbH
Germany
Global Coin Solutions
Canada
Glory Global Solutions
United Kingdom
Gräbener Pressensysteme GmbH & Co. KG
Germany
Gunnebo AB
Netherlands
GURT
Russia
Hong Kong Monetary Authority
China
Independent Cash Expert – Corneliu Melnic
Moldovia
International Association of Currency Affairs (IACA)
New Zealend
Istituto Poligrafico e Zecca dello Stato S.p.A.
Italy
Japan Mint
Japan
Kayalar Bakir Alasimlari San. ve Tic. A.S.
Turkey
London Metals Ltd
United Kingdom
M. One AG
Switzerland
MDM Munzhandelgesellschaft GmbH & Co. KG
Germany
Ministry of Finance – Thailand
Thailand
Mint of Finland Ltd
Finland
Mint of Poland
Poland
Mint of the National Bank of the Republic of Kazakhstan
Kazakhstan
MintMatrix
Australia
Modern Numismatics International (MNI)
Netherlands
Monea Coin Technology s.r.o.
Slovakia
Monetary Authority of Macau
China
Monetary Authority of Singapore
Singapore
Monnaie de Paris
FRANCE
Mühlbauer GmbH & Co. KG
Germany
Narodowy Bank Polski
Poland
National Bank of Georgia
Georgia
National Bank of Kazakhstan
Kazakhstan
National Bank of Kyrgyzstan
Kyrgyzstan
National Bank of Moldova
Moldova
National Bank of Romania
Romania
National Bank of Ukraine – Banknote Printing & Minting Works
Ukraine
National Museum of Iran
Iran
Oesterreichische Nationalbank (OeNB)
Austria
Orfix International GmbH
Germany
Ostbayerische Technische Hochschule Regensburg
Germany
Overbridge Global Solutions
Canada
Permaquim
Argentina
Qatar Central Bank
Qatar
Reserve Bank of New Zealand
New Zealand
Royal Australian Mint
Australia
Royal Blanking International
Belgium
Royal Canadian Mint
Canada
Royal Dutch Kusters Engineering
Netherlands
Royal Dutch Mint
Netherlands
Royal Thai Mint
Thailand
Scan Coin AB
Sweden
Schuler Pressen GmbH
Germany
Schwermetall Halbzeugwerk GmbH & Co. KG
Germany
Security Printing & Minting Corporation of India Limited
India
Sigmund Cohn Corp.
United States
Singapore Mint
Singapore
Solva Papers GmbH
Germany
South African Reserve Bank
South Africa
Spaleck Oberflächentechnik GmbH & Co. KG
Germany
Spookfish Innovations Ltd.
United Kingdom
TAV Vacuum Furnaces SPA
Italy
The Royal Mint
United Kingdom
The South African Mint Company (Pty) Ltd
South Africa
UAE Exchange Centre LLC
United Arab Emirates
United States Mint
USA
University of Chile
Chile
Velec Systems
France
Weiden Technical University of Applied Sciences
Germany
National Bank of Georgia
Reserve Bank of New Zealand
Orfix International GmbH
Programme
Monday 14 October
Workshop 1
Workshop 2
09:00 – 12:00
Optimising the Efficiency of the Coin Cycle
This workshop is part of the MDC’s Customer Task Force, a project established in 2015 with the purpose that the mint industry could gain a clear understanding of the key issues affecting the different stakeholders for coins and take action accordingly. One such set of stakeholders are central banks/issuers – and at the 2017 Coin Conference, in Warsaw, it was identified that one of their key concerns is optimising the efficiency of coins in circulation and, critically, hoarding.
This workshop is for central banks and coin issuers only, and is free of charge.
13:30 – 17:00
Making Money with Coins
Circulating commemorative and collector coins are not just a means of celebrating national events and milestones, but generate public interest in coins. They deliver revenue to issuers and/or the mints while serving as a test-bed for new techniques and features. In addition, these coins provide revenue to dealers and retailers in what is termed the ‘secondary market’. Producing and issuing such coins is not a simple licence to make money. The right subject matter and events are crucial, as is the frequency of programmes and the potential downsides of issuing coins that do not retain their value.
Tuesday 15 October
Hover on the presentation title or speaker to see if more information is available.
Presentation is available for download, click on the icon to access the download page.
Session 1: Setting The Scene
09:00
Welcome Speech
Francesco Nicolò
Deputy Head of the Currency Circulation and Accounting General Directorate, Banca d’Italia (Italy)
09:30
A Perspective on the Development of and Challenges to Coins in Recent Years
Ewout van Haeften
De Nederlandsche Bank (Netherlands)
Session 2: Coin Policy and Strategy (Part 1)
11:20
Coming of Age: the European Commission Report on Recent Developments as Regards Euro Coins
Rüdiger Voss
European Commission (Belgium)
12:20
Forecasting Coin Demand
Prof Franz Seitz
Weiden Technical University of Applied Sciences (Germany)
Session 3: Coin Policy and Strategy (Part 2)
14:30
Coin Demand in Mexico: from Peak to Trough, Lessons Learned and Challenges
Alejandro Alegre
Banco de México (Mexico)
14:50
The Four Dimensions of the Economic Impact of Mints
Dr Wolfgang Koller
Institute of Industrial Research (Austria)
Gunther Waadt
Bavarian Mint (Germany)
15:30
Make Real Money from Old Money
David de Haas
London Metals Company (UK)
Prabir De
MintMatrix (Australia)
Session 4: Around The World in 80 Minutes
16:30
Circulation Coins of the Kyrgyz Republic: 10 Years of Experience
Dana Saifullina
National Bank of Kyrgyzstan (Kyrgyzstan)
17:10
Commemorative Circulation Coins – New Zealand’s 50 Cent Armistice Day Coin
Jeff Hanke
Royal Canadian Mint (Canada)
Chris Humphreys
Reserve Bank of New Zealand (New Zealand)
17:30
How to Make Unique Commemorative Circulating Coins More Attractive in China
Dr Deng Bo
China Banknote Printing and Minting Corporation (China)
Wednesday 16 October
Session 5: Optimising Costs, Meeting Demand
09:00
US Currency Usage and Making ‘Cents’ of the Penny
Steve Son
Federal Reserve Cash Product Office (USA)
Brian Weaver
Federal Reserve Cash Product Office (USA)
09:20
New Coin Structure for Moldova
Corneliu Melnic
Independent Cash Expert, Former Deputy Head of Division, Cash Operations, National Bank of Moldova
10:00
Overcoming the Challenges of Reduced Coin Demand
Shri Srikara Pradhan
India Government Mint (India)
Session 6: Engaging the Public
11:30
Planning a Medium and Long-Term Coin Strategy Based on Public Opinion
Anikó Bódi-Schubert
Magyar Nemzeti Bank (Hungary)
11:50
Engaging the Public in New Coin Series Through the Use of Social Media
Ralph William Meris
Bankgo Sentral ng Pilipinas
12:10
Circulation Coin Series Inspired by the South African ‘Born Frees’
Christine Roux
South African Mint
Session 7: Technologies for Green, Secure, Socially-Responsible Coins
14:00
A Case Study on the Introduction of Environmentally-Friendly Wastewater Technology
Thomas Koeninger
Monea Coin Technology (Slovakia)
14:20
Stabilisation Strategies of Electrodeposited Copper: a Review
Gonzalo Montes Atena
University of Chile
14:40
Secure and Cost effective Alternatives to Low Denomination Banknotes and Solid Alloy Coins
Vinay Menon
Jarden Zinc Products (USA)
15:00
Optimising Heat Treatment in Coin Production for Lower Energy and Improved Quality
Andrea Gionda
TAV Vacuum Furnaces (Italy)
Session 8: Recirculating and Recycling
16:20
Optimising Coins in Circulation – When They are in Other Countries
Scott Hutchings
Global Coin Solutions (UK)
Sponsors
Thank you to our 2019 Sponsors
Many thanks to the following sponsors and exhibitors for taking part in our wonderful exhibition running alongside the conference:
Platinum – Royal Canadian Mint
Gold – Royal Dutch Mint
Silver – China Banknote Printing and Minting Corporation (CBPMC), Freiberger EuroMetall, Jarden Zinc Products, Monnaie de Paris, TAV VACUUM FURNACES
Tour – Istituto Poligrafico e Zecca dello Stato Italiano
Football – Monea