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2022 Review - Amsterdam

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 2022 Review

Access to the presentations is limited to TCC 2022 attendees, please use the password which was provided by the [email protected]

Plenty to Talk About at Coin Conference

The 2022 Coin Conference, which took place in Amsterdam from 17-19 October, attracted 160 delegates from central banks, mints, academics and industry suppliers.

The Coin Conference is the only event to focus on circulating coins as part of cash strategies and, with three years having elapsed since the last event (in Rome in 2019), there was plenty to talk about.

The conference opened with a presentation from Astrid Mitchell on changes since the last conference in 2019. Delegates were reassured by statistics showing that cash in circulation (coins as well as banknotes) continues to increase year on year in the vast majority of countries, and that a fall in production volumes for coins over the past eight years is almost entirely accounted for by China and India. Take those out of the equation, and production volumes have held up well – not exactly growing, but not shrinking either.

Moreover, out of 180 currencies, 35% have seen on or more changes to their coins since 2016 – not bad for a sector where, apparently, ‘not much happens’.

Case studies on coin circulation strategies, new denominations and shifts to the note/coin boundary came from Mexico, Tunisia, the Philippines, Ghana, Portugal, Spain, Poland, Croatia and the US.

Sustainability was a theme that ran throughout the conference, touching on recycling, destruction, and green production solutions.

An ‘out of the box’ presentation from ArcelorMittal, meanwhile, looked at how steel is being decarbonised. Admittedly, in the steel industry, volumes are measured in tonnes, not the grams for coins – but with 50% of the world’s circulating coins either stainless steel or plated steel, there was considerable interest there.

A final session on digitalisation provided fascinating insights into how blockchain, augmented reality, artificial intelligence, apps and even the metaverse offer solutions to the future of coin production and public engagement.

The next Coin Conference will take place in Portugal in 2024.

This is my first time to attend such a conference, and the amount of information and experience I got cannot be described in words. All the best in your conferences and hope that I can attend more and more of your different conferences.

Central Bank of Oman

I found the conference very engaging and interactive. As a first time participant who is not a current technical expert but more of a central bank communication expert, this conference has opened my eyes to the many opportunities on the currency communication space.

Central Bank of Eswatini

Beyond expectations, well selected topics and presentations, great opportunity to network and discuss relevant issues; provides significant insight on coins. The venue adds more charm to the event.

Bangko Sentral ng Pilipinas

It is my very first participation at the Coin Conference and I enjoyed. The agenda and speakers were very great. It was very insightful, interesting and useful.

National Bank of Kyrgyzstan

Excellent conference. All papers were well chosen. The pre conference workshop on making money with coins was well facilitated. It was educational too.

MintMatrix

This conference is the only place where central banks, mints and other coin business players meet together and share ideas.

Japan Mint

Attendees

ACSYS Lasertechnik GmbH

Germany

Altek Dokum A.S.

Turkey

ARANIA,S.A.

Spain

ArcelorMittal

Belgium

Arrandene MFG

United Kingdom

ArtaZn LLC

USA

Banca d’Italia

Italy

Banco Central de la República Dominicana

Dominican Republic

Banco de España

Spain

Banco de la República

Colombia

Banco de México

Mexico

Banco de Portugal

Portugal

Bangko Sentral ng Pilipinas

Philippines

Bank Indonesia

Indonesia

Bank of Ghana

Ghana

Banque Centrale de Tunisie

Tunisia

Banque de France

France

Bavarian State Mint

Germany

Bulmint One Ltd

Bulgaria

Cameron Associates

USA

Casa de Moneda de Chile

Chile

CashEssentials

France

Central Bank of Armenia

Armenia

Central Bank of Barbados

Barbados

Central Bank of Costa Rica

Costa Rica

Central Bank of Jordan

Jordan

Central Bank of Malaysia

Malaysia

Central Bank of Oman

Oman

Central Bank of Suriname

Suriname

Centrale Bank van Aruba

Aruba

Centrale Bank van Curacao en Sint Maarten

Curaçao

Coin Wrap, Inc.

USA

COINstitute GmbH

Germany

Crane Payment Innovations

United Kingdom

Croatian Mint

Croatia

Currency Research

USA

Davis Bancorp, Incorporated

USA

De Nederlandsche Bank

Netherlands

Dillon Gage

USA

Federal Reserve Bank of San Francisco

USA

FMA Secure

Chile

FNMT

Spain

Freiberger Eurometall

Germany

Global Coin Solutions

Canada

Gräbener Pressensysteme GmbH & Co. KG

Germany

H20

Germany

INCM – Portuguese Mint

Portugal

INORCOAT – EMEA INOR EOOD

Bulgaria

Insiro Bestuur & Advies

Netherlands

International Association of Currency Affairs (IACA)

USA

International Mint Industry Association

France

Istituto Poligrafico e Zecca dello Stato S.p.A.

Italy

Jadex Inc.

USA

Japan Mint

Japan

Jarden Zinc

USA

Kazakhstan Mint

Kazakhstan

Komori Corporation

United Kingdom

Latvijas Banka

Latvia

London Metals Limited

United Kingdom

M.One AG

Switzerland

Magyar Nemzeti Bank

Hungary

Mennica Polska S. A..

Poland

Ministry of Finance

India

Mint of Finland

Finland

Mint of Poland

Poland

Monnaie de Paris

France

Narodowy Bank Polski

Poland

National Bank of Kazakhstan

Kazakhstan

orfix International GmbH

Germany

Platit AG

Switzerland

Reserve Bank of Zimbabwe

Zimbabwe

Royal Canadian Mint

Canada

Royal Dutch Kusters Engineering

Netherlands

Royal Dutch Mint

Netherlands

SA Mint

South Africa

Sack & Kiesselbach Maschienenfabrik GmbH

Germany

Schuler Pressen GmbH

Germany

Schwermetall Halbzeugwerk GmbH & Co. KG

Germany

Sempsa

Spain

Sigmund Cohn Corp.

USA

South African Reserve Bank

South Africa

Spaleck Oberflächentechnik GmbH & Co. KG

Germany

SPMCIL

India

Teer Coatings ltd

United Kingdom

The Royal Mint

United Kingdom

The Treasury Department , Monetary Management Division

Thailand

United States Mint

USA

Weiden Technical University of Applied Sciences

Germany

Very interesting and useful event. Great possibility to meet colleagues from other central banks and share each others experiences. Also, to get essential information from the coin production industry.

National Bank of Georgia

A good blend of technical and practical information presented by experts. Thoroughly interesting and thought provoking. Additionally plenty of networking opportunities. Thank you very much. Fantastic organisation.

Reserve Bank of New Zealand

Yes, the event met all my experiences. There were no major news available, but the individual achievements of many attendees and participants shows that cash still is sexy despite attempts of the digital boundaries to make cash look old fashioned.

Orfix International GmbH

Programme

Monday 17 October

Access to the presentations is limited to TCC 2022 attendees, please use the password which was provided by the [email protected]

Workshop 1

Workshop 2

09:00 – 12:00

Coins for Cash: What the Public Wants

This workshop is part of a series organised by the MDC’s Customer Task Force to gain a clearer understanding of the key issues affecting the different stakeholders for coins, namely national authorities (central banks), retailers/dealers and end-users (the public). The workshop – organised by Dieter Merkle of Schuler Group and also convenor of the MDC Taskforce – will bring together national authorities with others involved in the coin cycle to discuss the key issues and latest priorities for circulating coins, including their role in the cash cycle in times of crisis and the needs of the public.

The workshop, which is free of charge, is open to central banks and active Customer Task Force members only.

13:30 – 17:00

Coins and the Environment

Coins have to be one of the earliest mass-produced products in history.  Despite this ancient lineage they remain a central and important part of everyday life.  As such they are also part of the sustainability story.  As we will hear in the main agenda of the conference, coins face similar pressures to all businesses with energy prices rising and consumer behaviour changing. This seminar will find out what central banks, coin producers and industry suppliers are doing to play their part in the sustainability story of making, circulating and managing the end of life of coins.

 The seminar is structured in to three parts, the voice of a central bank, what three Mints are doing on sustainability and the contribution of suppliers to make a difference.

 The aim of the seminar is share experiences and consider best practice whether around policy, manufacturing or operations.  This is a conversation about what is possible so that we can all reduce our environmental impact.

18:30 – Coaches depart for Welcome Cocktail Reception at the Royal Dutch Mint Vault

Tuesday 18 October

Hover on the presentation title or speaker to see if more information is available.

Session 1: SETTING THE SCENE

08:30

An Overview and Update of the Circulating Coin Landscape

Astrid Mitchell

Currency News (UK)

08:50

A sustainable future for the Coin Industry

Vincent van Hecke

Royal Dutch Mint (Netherlands)

09:10

The International Mint Directors Association – a New Force for the Industry, and for Sustainability in Coins

Honey Mamabolo

South African Mint

Michael Groves

Royal Canadian Mint (Canada)

09:30

Disruption in Coin Circulation and Steps to Improve Resilience

Brian Weaver

Federal Reserve Financial Services (FedCash) (USA)

Kristie McNally

US Mint (USA)

10:15 – Q&A and panel discussion
10:30 – Break

Session 2: CASH AND COIN DEMAND

11:00

Cash and Coin Usage Before, During and After the Pandemic

Franz Seitz

Weiden Technical University of Applied Sciences (Germany)

11:20

Demand Issues for the Mexican $20 Peso Coin

Alejandro Alegre

Banco de México (Mexico)

11:40

Behaviour and Evolution of the Cash Payment Trends in France 2021 and 2022.

Marc Schwartz

Monnaie de Paris (France)

12:00

DNB’s Role in Coins in the Netherlands

Igo Boerrigter

Dutch National Bank (Netherlands)

12:20

New Initiative for the Mint Industry

Martina Horakova

International Mint Industry Association

12:40 – Q&A and panel discussion
12:55 – Lunch

Session 3: COIN CIRCULATION INITIATIVES

14:00

New Initiatives for an Efficient Coin Cycle in Spain

Beatriz Guia

Banco de Espana (Spain)

14:20

An innovative Solution to Coin Circulation in Poland

Krzysztof Kowalczyk

Narodowy Bank Polski (Poland)

14:40

Circulating Coins in the Philippines – New Measures to Improve Coin Circulation

Mary Anne Lim

Bangko Sentral ng Pilipinas (Philippines)

15:00

Travellers Tales – Repatriating Coins from Around the World

Scott Hutchings

Global Coin Solutions (Canada)

15:20 – Q&A and panel discussion
15:35 – Break

Session 4: COIN MANAGEMENT AND OPTIMISATION

16:05

Progress on converting banknotes to coins and a live example from Ghana

Simon Lake

The Royal Mint (UK)

Dominic Owuso

Bank of Ghana

16:25

Removing Low Denomination Coins

Ricardo Mendez Barrera

Casa de Moneda de Chile (Chile)

16:45

Cooperation to Mitigate Excess Coin Stocks

Ana Olivia Pinto Pereira

Bank of Portugal (Portugal)

17:05

Revitalizing Circulation Coins – The Case for Currency Redesign

Jeff Hanke

Royal Canadian Mint (Canada)

17:25

Evolution of the Coin Series in Tunisia

Mehdi El Ouardighi

Monnaie de Paris (France)

Jihene Maatar

The Central Bank of Tunisia (Tunisia)

17:45 – Q&A and panel discussion
18:00 – Presentation of IACA Excellence in Currency Awards for Coins
18:30 – Drinks and Canapés Reception

Wednesday 19 October

Session 5: TECHNOLOGY

09:00

Innovations in Coin Security

Paola Martinez

ARTAZN (USA)

09:20

Coins for Cash – Introduction of the Schuler Coining Center M2R with inline inspection

Dieter Merkle

Schuler (Germany)

Guenther Waadt

Bavarian Mint (Germany)

09:40

Environmentally and Health Friendly Solutions to Coin Die Production

Niklas Harzer

Platit (Switzerland)

10:00

The Fascinating Features of 3-D Optical Inspection

Ingo Loeken

Spaleck (Germany)

10:20 – Q&A and panel discussion
10:35 – Break

Session 6: METALS, COSTS AND RECYCLING

11:05

US Mutilated Coin Program – Challenges and Opportunities

Jon Cameron

Cameron Associates (USA)

11:25

XCarb®: Towards carbon neutral steel

Hugo Campos

Arcelor Mittal (Luxembourg)

11:45

M1 Coin Recycling – More than Just Equipment

Davorin Dragas

M.One AG (Switzerland)

12:05 – Q&A and panel discussion
12:20 – Lunch

Session 7: SUSTAINABILITY AND THE ENVIRONMENT

13:45

The Environmental Impact of Cash versus Digital payments

Pascal Rencker

MDWG (Europe)

14:05

Sustainable Wastewater Treatment in the Coin Industry

Marius Straub

H20 (Germany)

14:25

Safe and Secure Coin Destruction as Part of Environmentally Friendly Recycling

Susan Lenssen

Kusters Engineering (Netherlands)

14:45

Preparing for the Euro Changeover

Goran Paladin

Croatian Mint (Croatia)

15:05 – Q&A and panel discussion
15:20 – Break

Session 8: DIGITISATION – THE NEW FRONTIER FOR COINS

15:50

The Money Museum Mobile Application – MNB’s new Blockchain Technology- Based Platform.

Anikó Bódi-Schubert

The Central Bank of Hungary (Hungary)

16:10

Cash and the Metaverse.

Phil Holland

Komori Corporation (Japan)

16:30

Launch of Herman Brood Medal – Augmented Reality

Bert van Ravenswaaij

Royal Dutch Mint (Netherlands)

16:50

Using Apps and Social Media for Next Generation Coin Collectors

Mikko Sievänen

Mint of Finland (Finland)

17:10 – Q&A and panel discussion
17:30 – Concluding remarks and farewell drinks
18:30 – Bus departs for Coin Football Match

Thursday 20 October

Tour to the Royal Dutch Mint

08:30 – Coaches depart for Royal Dutch Mint Vault

14:30 – End of Tour and coaches return to hotel

Sponsors

Thank you to our 2022 Sponsors

 

Many thanks to the following sponsors and exhibitors for taking part in our wonderful exhibition running alongside the conference:

Platinum Royal Dutch Mint

Gold – ARTAZN, Royal Canadian Mint,

Silver – Freiberger EuroMetall, Monea, Monnaie de Paris, Teer Coatings

Tour – Royal Dutch Mint

Football – Monea