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Royal Mint of Belgium to close in 2018

Coin, NewsBy SMI 09/08/2017

The Royal Mint of Belgium has confirmed that it will cease its minting activities on 1 January 2018, reportedly due to overcapacity in the market. According to local reports, the Ministry of Finance has attempted to close the Royal Mint of Belgium since 2010 due to its business being unprofitable, but has met resistance from both the…

Pobjoy Mint changes Falklands coin due to copyright infringement

Coin, NewsBy SMI 20/07/2017

Pobjoy Mint has announced that it has changed the design of its ‘Britannia Rules the Waves – 2017’ commemorative coin due to a copyright infringement. The bullion 1 crown coin, issued on behalf of the Falkland Islands by Pobjoy Mint, included the phrase “Britannia Rules the Waves” in its design to honour the soldiers that gave…

Japan’s ¥1 coin production resumed

Coin, NewsBy SMI 05/02/2014

On Monday 3 February, the Hiroshima based coin-manufacturing department of Japan’s Finance Ministry resumed the production of aluminium ¥1 coins for the first time in four years. This is thought to be in preparation for the consumption tax increase which will occur on April 1, 2014. A shortage of ¥1 coins is expected amongst retailers…