Programme
Monday 28 September 2026
09:00 – 12:30 Designing an Efficient Cash Structure
This workshop is for national authorities (central banks and issuing authorities) and ICA members only.
Central banks and issuing authorities face increasing pressure to adjust their national cash structure – but sound decisions require facts, not assumptions. This workshop will explore the key concerns decision makers encounter when launching a new coin, a new banknote, or redesigning the denomination mix. We discuss which data central bankers rely on, what international best practice suggests regarding the number of coins, the ideal banknote range, and which purchasing power distribution supports efficient cash usage.
The session will highlight the societal benefits of modern cash structures and present global evidence that circulation coins continue to deliver value. Insights from the Cash Value Project – a scientific initiative from the International Currency Association (ICA) measuring the societal and economic value of cash across key dimensions – will provide an additional evidence base.
The workshop is a continuation of the series run at previous Coin Conferences for central banks by the International Mint Directors’ Technical Committee Customer Taskforce (which has now been merged into the ICA). It will be led by Dieter Merkle, formerly of ANDRITZ Schuler Pressen / ICA, supported by coin experts and ICA members. Speakers and topics include:
Quantifying the Value of Cash for Societies
Prof Dr Franz Seitz, Weiden Technical University of Applied Sciences
Bringing back Purchasing Power to Coins and Banknotes
Christoph Frenz, COINstitute gmbh
Decentralised Cash Data Acquisition – the key to more sustainable cash management models
Mark Stevenson, Koenig & Bauer
These presentations will be followed by a series of working groups discussing the issues raised, and will conclude with a panel discussion led by Frane Maroević, General Director of the International Currency Association (ICA).
Workshop outcomes will contribute to the development of as set of easy-to-understand future guidelines for designing an optimal cash structure for the benefit of central bank decision makers at all management levels.
12:30 – 14:00 IACA Members’ Lunch Discussion (by invitation only)
This IACA Members Discussion Meeting will examine the factors that contribute to a healthy and resilient coin circulation system. Participants will explore how changing payment habits, distribution models, stakeholder behaviours, and operational challenges are affecting coin circulation in different markets. Drawing on central bank experiences, the session will consider approaches to improving circulation efficiency, strengthening stakeholder coordination, identifying areas of vulnerability, and ensuring that coin infrastructure remains capable of meeting public and commercial needs both today and as payment ecosystems continue to evolve. Space is limited. Contact Marci Chavez at marci.chavez@currencyaffairs.org to register your interest.
14:00 – 17:30 Commemorative Coins and the International Market
Coins are not only ambassadors of their issuing country, but also a means of generating income. So it makes sense to sell them internationally. But building such an international market is not without its pitfalls, as there are numerous traps. In this workshop, Ursula Kampmann – well-known numismatist, journalist and founder of CoinsWeekly – will present and discuss some of these challenges and solutions and weigh the advantages of direct sales against the benefits of using agents or trading partners.
The following topics will also be addressed:
- The role of the home market
- Pricing
- Mintage
- Number of trading partners per country
- Special coins for special markets
- PR and advertising to end customers
- The secondary market
This workshop is aimed at central banks, issuing authorities, and mints, to provide ideas and inspiration on how to benefit from the huge potential of commemorative coins whilst avoiding or minimising the drawbacks.
Tuesday 29 September 2026
Underlined text on the programme is interactive, click for the abstract or biography popup.
Setting the Scene – Cash and Coins
09:00
Welcome from Magyar Nemzeti Bank
Péter Benő Banai
Magyar Nemzeti Bank (Hungary)
09:15
Latest Developments in Cash and Coins
Astrid Mitchell
Currency News (UK)
John Winchcombe
Reconnaissance International (UK)
09:35
100 Years of Coinage in Budapest
Terez Horvath
Hungarian Mint (Hungary)
09:55
Cash and the Future of Money
Marc Schwartz
Monnaie de Paris (France)
10:15 Q&A
10:30 Break and Exhibition Viewing
Trends and Developments
11:00
Latest Developments in EU Policy on Coins
Philip Tod
European Commission (Belgium)
11:20
Key Performance Indicators for Coins in Cash-Friendly Country
Manfred Matzinger-Leopold
Münze Österreich (Austria)
11:40
Overall Coin Trends in the US
Greg Nichols
Federal Reserve Financial Services – FedCash Services (USA)
12:00
Panel Discussion: What do Issuers and Mints need to do to Ensure Coins Remain a Viable Means of Payment in the Future?
12:45 Lunch
New Coin and Currency Structures
14:00
Revising the Denominational Structure in a Large and Advanced Country
14:20
Namibia’s Coinage Evolution: Design Synergies and Challenges in a Dual-Series Upgrade
Sencia Rukata
Bank of Namibia (Namibia)
14:40
The Global Coinage Landscape has Changed – How Are The Mint of Poland Responding to the Challenges
Simon Lake
Mennica Polska (Poland)
Siemowit Kalukiewicz
Mennica Polska (Poland)
15:00 Q&A
15:15 Break and Exhibition Viewing
A Sustainable Future
15:45
Outcome of the Research Study ‘Environmental Impact of Cash Versus Digital Payments (EICVDP)’
Pascal Rencker
European Mint Directors Working Group (Belgium)
16:05
Embedding Circularity in Coin Production
16:25
Reducing the Carbon Footprint of Euro Cents through Green Steel, and Minimising Plastic
Aicha Nowak
Monnaie de Paris (France)
16:45 Q&A
17:00 Presentation of IACA Excellence in Coin Awards
17:30 End of First Day
Wednesday 30 September 2026
Inspection, Authentication, Circulation
09:00
Strengthening the Euro Area’s Anti-Counterfeiting Framework: from EU Governance to Practical Implementation Through the “Coin Fitness for CPM” Project
Marco Di Benedetto
European Commission (Belgium)
Jose Luis Martinez Pareja
Banco de España (Spain)
09:20
Coin Fitness Inspection and its Role in Counterfeit Deterrence and Detection
Ludger Tepasse
Spaleck Oberflächentechnik (Germany)
09:40
ChangeBox – the New Technology for Coin Deposit and FX
Karl Roberts
ChangeBox (UK)
10:00
Calculating the Lifetime of Coins
Tomasz Jagielinksi
NXTGenDetect (USA)
10:20 Q&A
10:35 Break and Exhibition Viewing
Production and Innovation
11:15
Advancing Manufacturing Through Laser and Optical Technology
Alexander Amindinis
ACSYS Lasertechnik (Germany)
11:35
MS Dual Machines – Coating Tools and Medals in One Machine
Romain Waidelich
INORCOAT (Germany)
11:55
Enhancement of Commemorative Coins and Medals Using Nanostructured Elements
Robert Dvořák
IQ Structures (Czech Republic)
12:15
Colour on Metal: The Evolution of Pad Printing in Metal Products
12:35
The Modern Reality of AI in Coin Relief Design
Robert Newman
Carveco (UK)
12:55 Q&A
13:10 Lunch
Around the World in 60 Minutes
14:15
The Uncomfortable Truth of Central & South America & the Caribbean: Where do Coins Still Add Value — and What Strategies Can We Implement for That Reality
Francisco Mandiola
FMA Secure (Chile)
14:35
The Challenges of Coins in Pakistan – The Way Forward
Aftab Baloch
FTO/FBR (Pakistan)
14:55
Recirculating the World’s Coins
Scott Hutchings
Global Coin Solutions (USA)
15:15
Georgian ‘Handball 2026’ Collector Coin Project
Mariam Zavradashvili
National Bank of Georgia (Georgia)
15:35 Q&A
15:50 Break and Exhibition Viewing
Panel Discussion
16:15
Panel Discussion: AI in Design and Production – Threat or Opportunity?
17:00 Closing Remarks and Farewell Drinks