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.
Click on any picture to see the full gallery.
Monday 14 October
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
Session 2: Coin Policy and Strategy (Part 1)
Session 3: Coin Policy and Strategy (Part 2)
Session 4: Around The World in 80 Minutes
Wednesday 16 October
Session 5: Optimising Costs, Meeting Demand
Session 6: Engaging the Public
Session 7: Technologies for Green, Secure, Socially-Responsible Coins
Session 8: Recirculating and Recycling
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