The mission of the Bank of Algeria is to maintain, in the field of money, credit and foreign exchange, the most favourable conditions for the orderly development of the economy.
MDC’s Member Mints are entities that produce legal tender coins for general circulation in their own countries.
Since its inception in 1962, membership of the MDC has grown to 41 Member Mints from 36 countries. Click any of the nations listed below to find a short profile of the MDC Member Mints in that country.
The mission of the Bank of Algeria is to maintain, in the field of money, credit and foreign exchange, the most favourable conditions for the orderly development of the economy.
The Royal Australian Mint is Australia’s national mint and sole producer of circulating coins for Australia. The Mint also produces circulating coins for other countries, and manufactures a vast array of collector coins, investor products, medals, medallions and tokens for domestic and international clients.
The Royal Australian Mint is the custodian of Australia’s national coin collection. It is also a major tourism attraction in Canberra, helping to educate local and international visitors on the history of Australian coinage, as well as how coins are produced in a contemporary manufacturing environment.
With more than 800 years of coin-making experience, the Austrian Mint has operated as a private company since 1988 and is the sole manufacturer of coinage to the Austrian people.
Owned in its entirety by the Austrian National Bank, the Austrian Mint employs more than 200 people and produces around 450 million coins a year. As well as striking some of the world’s best-selling bullion coins and an impressive range of collector coins and medals, the Austrian Mint supplies circulation coins and blanks to many other countries.
The Royal Mint of Belgium is responsible for the circulation of coins as well as design, quality control and screening for counterfeit coins. The Royal Mint also represents the Belgian State on an international level.
Coinage and the commercialisation of commemorative coins and medals have been awarded to the Royal Dutch Mint. The Belgian king remains the issuing authority.
Casa da Moeda do Brasil (CMB) has invested in the latest technology to offer its customers the latest security solutions. The company has three industrial units: the Banknote Department, the Department of Coins and Medals, and the Department of Graphics and Cards.
The Department of Graphics and Cards is responsible for producing the company’s graphic products such as passports, tax stamps, postage stamps, diplomas and wallets among other things. Art, innovation, quality and technology are trademarks of CMB.
The Royal Canadian Mint’s high-tech plant in Winnipeg produces over one billion circulation coins each year, issues special circulation coins to mark events or occasions – such as the coloured Poppy quarter, the Millennium series of 25-cent coins and the 2010 Vancouver Olympic mascot coin.
The mint also produces limited-mintage numismatic coins to honour major national achievements and themes. It also refines and produces Maple Leaf bullion coins, gold kilo bars, trade bars and gold wafers. The Mint offers several services to businesses and foreign governments, and prides itself on the high standard of its outsourced coin production, storage, assay, reference and analysis tools, as well as its world-class refinery.
With 273 years of history, Casa de Moneda de Chile is the oldest company in the country. Founded in 1743 as a monetary minting house, it has since diversified its offering by manufacturing patent plates, medals, plates and galvans, and by printing tickets, valued documents, passports, driver’s licenses, identity documents and stamps, among other products. The company ensures high standards of safety, quality and reliability.
China Banknote Printing and Minting Corporation (CBPM) is a legal currency printing and manufacturing unit directly affiliated with the People’s Bank of China. It governs 22 large and medium-sized enterprises and one state technology centre.
With nearly 30,000 employees and a total net asset of over RMB 40 billion Yuan, CBPM is engaged in banknote printing, banknote production, and R&D and manufacturing of banknote paper and bank and credit cards.
It also undertakes R&D and manufacturing of bank equipment and tools, manufacturing of special equipment for banknote printing and production, refining of high-purity gold and silver, and printing of special value-added invoices, negotiable instruments, specialised bank documents and advanced anti-forgery certificates.
The Colombian Mint is a world-class precious metal refinery and assayer with a tradition of refining gold and silver for more than 100 years. The mint is trusted by Latin America’s miners for integrity, reliability and strict compliance process. Its subsidiary, the CIIGSA refinery, delivers the highest quality bullion bars.
Croatian Monetary Institute Ltd is a state-owned enterprise, established on 23 April 1993 and which commenced operating on 14 January 1994. It produces circulating coinage for Croatia as well as gold and silver medals, commemorative plaques and badges in different metals, license plates and other programs on request. It does not produce paper money.
Since its establishment, the Czech Mint has been the exclusive supplier of circulation and commemorative coins for the needs of the Czech Republic’s central bank. It also produces medals, historical coins, tokens and pendants.
The plant is equipped with modern Gräbener presses for the mintage of circulation coins, as well as commemorative coins and medals made of precious and common metals. The mint is completely self-sufficient with respect to the manufacture of master dies and tools. Blanks for circulating coins and commemorative mintage are purchased abroad from reputable attested producers.
Mint of Finland Group is one of the world’s largest exporters of coins with target markets in Europe, Asia, Africa and Latin America. The mint’s customers for circulating coins and coin blanks are central banks, ministries of finance and mints in other countries.
For collector coins, the company serves consumers and retailers. Mint of Finland is owned by the Finnish State.
Founded in 864, Monnaie de Paris is France’s longest-standing institution and the oldest enterprise in the world. It provides a public service by striking euro coins for circulation in France as well as coins for other foreign currencies.
For twelve centuries, Monnaie de Paris has cultivated a venerable tradition of metalworking arts and crafts. It was the first industrial establishment in Paris and is the last in operation today. Artistic pieces are still produced at its historic Quai de Conti workshop. Attached to the French ministry for the economy, finances and industry since 1796, Monnaie de Paris became an Etablissement public industriel et commercial (EPIC, an official designation for state-funded industrial and commercial institutions) in January 2007.
With more than 850 years of operation, the Bavarian Main Mint is the oldest company in Munich. It represents quality in the production of circulation coins and collectors’ coins, but also in the production of official seals and medals.
The Mint has incorporated the wishes and suggestions of groups such as the Association for the Blind or the vending industry into the design and properties of its coins, as well as the need to protect against counterfeiting.
The State Mints of Baden-Wuerttemberg are Germany’s largest minting enterprise, employing 80 people at two locations. Being a state-owned enterprise, both mints are responsible for more than 40% of all German euro coins.
Euro circulation coins and German commemorative coins and medals are struck in the Karlsruhe and Stuttgart mints using the latest technology, as well as coins and medals on behalf of central banks from all over the world. The State Mints of Baden-Wuerttemberg are thus among the world’s leading coin producers.
As the oldest producing enterprise in the city of Berlin, the Berlin State Mint produces the currency of Europe, the euro. With state-of-the-art machines and experienced artists, it is optimally equipped for all customer requirements and can produce according to individual wishes, from legal tender to a valuable anniversary medal.
As the mint of the capital, the Berlin Mint not only produces one-fifth of all German coins, but also regularly creates its own special silver coins and medals. Each year, the Münze Berlin dedicates around 20 to 30 current issues to its special coinage in silver and gold. The commemorative coins recognise topics that are of significance to Berlin or Germany.
The oldest mint in Germany, the Hamburgische Münze has a long tradition closely linked to the development of the Free and Hanseatic City of Hamburg. The first coinage in Hamburg is dated to the year 834.
One of the most important tasks of the Hamburgische Münze is the coinage of the euro for the Federal Republic of Germany with the embossing mark “J”. All German mints answer to the ministry of finance in their respective state. The Federal Ministry of Finance determines which mints strike which coins in which quantities.
The IETA National Mint produces euro banknotes and other security products, as well as euro coins, commemorative and collector coins and medals. The mint is a pioneering plant delivering products that meet the Eurosystem’s security specifications and international security standards for maximum protection against counterfeiting and forgery.
It also offers collector and commemorative coins, which are designed by the IETA artists and have won international acclaim for their aesthetic value. IETA also undertakes various printing tasks on behalf of the Greek State or third parties.
The history of the Hungarian Mint is closely intertwined with the traditions of Hungarian coinage, which began with the minting of the silver denar in 1001. The primary activity of the Hungarian Mint is the production of high-quality coins and medals.
It also produces large quantities of circulation coins for the National Bank of Hungary and commemorative coins and medals highlighting Hungarian history and culture. The exceptional quality of the mint’s products is ensured by its highly-experienced experts and state-of-the-art technology, as is reflected in the mint’s outstanding international success, awards and reputation.
Peruri was established in 1971 from the merger of two State Companies. Its core business is the production of banknotes, coins, valuable security documents and non-currency coins such as official seals, medals, badges and trophies.
Peruri is solely owned by the Government of Indonesia. It has also established subsidiary businesses to provide world-class integrated security printing and systems for domestic and regional markets.
Italy’s State Mint and Polygraphic Institute (IPZS) was founded in 1928 and is situated in Rome. As well as producing coins, passports, and postage stamps for Italy, IPZS serves the Vatican City, San Marino, and the Sovereign Military Order of Malta.
It designs anti-counterfeiting and security systems for identity cards, electronic passports, driving licenses and residence permits, and manufactures vehicle registration plates and manages institutional sites and databases.
In 1871 the Japan Mint was established in Osaka by the Meiji government to modernise the coinage system. The introduction of minting using Western-style facilities was epoch-making in Japan in those days.
In addition to the mint’s main operation of coinage, it produces orders (decorations), medals of honour and metallic art objects, and conducts analysis and testing of metal ores and minerals. The mint also distributes commemorative coins symbolising the culture of Japan and numismatic coin sets manufactured with innovative techniques and creative designs with the aim of meeting the various demands of the general public.
The Kazakhstan Mint is a modern enterprise known for its dynamic development and high-precision facilities. It produces circulation and collectors’ coins, as well as state, jubilee, corporate and sport awards and brands for state standard and hallmark control agencies.
The mint was established in 1992 when the Republic of Kazakhstan became independent.
KOMSCO has been supplying high-quality currencies since its foundation in 1951. Its main functions are to manufacture banknotes, coins, national bonds, various securities issued by the government, currency safety bonds issued by the Bank of Korea, postage stamps, special government certificates and other special printed items.
It also manufactures the paper needed for the printing of these items, and other special paper.
When the Lithuanian Mint was established in 1990, it aimed to revive the traditions of minting Lithuanian coins that flourished during the Middle Ages and continued during the pre-war period but were stopped in 1940.
Its main activity is striking circulation and collector (commemorative) coins. The mint also produces state decorations (orders and their medals), various medals, badges, metal dies, punches for printing houses and other items.
Kilang Wang, also known as The Mill, was established in 1971. At that time it could produce 70 million coins a year, which was a milestone for Malaysia as it marked the first time the country’s coins were made locally instead of overseas.
Owned by Malaysia’s Central Bank, Kilang Wang promotes monetary and financial stability for the Malaysian economy. The facility produces coins and commemorative coins.
Established in 1535, La Casa de Moneda de México is the national mint of Mexico and the oldest mint in the Americas. The mint’s silver eight-reales coin and its successor, the silver peso, were circulated widely in the Americas and Asia well into the 19th century.
The peso became the basis of the modern national currencies in many countries, including the United States dollar, the Japanese yen and the Chinese yuan.
The Central Bank of the Philippines was established in 1948, in a definite step towards the country’s national sovereignty. Over the years, changes were introduced to make the bank’s charter more responsive to the needs of the economy, including the 1972 adoption of recommendations made by the Joint IMF-CB Banking Survey Commission into the Philippine banking system.
The Commission proposed a program designed to ensure the system’s soundness and healthy growth. Its most important recommendations were related to the objectives of the Central Bank, its policy-making structures, scope of its authority and procedures for dealing with problem financial institutions.
Mennica Polska is the manufacturer of circulation and collector coins for Narodowy Bank Polski, as well as the leader in production of collector coins and other numismatic products in Poland.
The mint is recognised as one of the three most technologically advanced mints in the world and has a strong position in the domestic market as well as contracts in the remotest corners of the globe. It is the only manufacturer of investment gold in Poland, and leads in the area of implementation, operation, maintenance and development of city card systems in Polish cities.
The National Press-Mint (INCM) is a publicly listed company that produces goods and services fundamental to the functioning of the Portuguese State, such as the coinage of metal currency and the edition of official publications. It also produces security documents, such as citizen cards and passports, and authenticates precious metal artefacts.
The Singapore Mint was established in 1968 to mint circulation coins for the newly independent nation. It has developed hybrid techniques to create high-security and innovative features for circulation and commemorative coins and collectables, and is one of the few mints in the world that still maintains a team of highly skilled craftsmen.
The mint also produces quality currency-related gifts and collectibles, as well as lifestyle products and services to both local and international markets. The Singapore Mint is a fully owned subsidiary of Sembcorp Industries.
The Mint of Mincovňa Kremnica was established in 1328, and for nearly seven centuries has continuously produced mint articles that rank among the world’s top products. Its long experience in minting has created the capacity to produce a wide variety of extraordinarily high-quality products, and thus satisfy customers every year.
The mint’s products are made of precious and other metals such as gold, silver, copper, brass and aluminium.
The South African Mint is the leading African mint with over 100 years’ experience in supplying coins to Africa and the world. The mint works in close collaboration with its customers to provide durable monetary exchange products that capture and preserve the heritage and pride of a nation.
With over 140 years of manufacturing experience, the mint boasts an impressive list of international clients and is able to create a tailor-made package of products and services to fulfil the specific requirements of each customer. Since 1996, South Africa’s 11 official languages have been acknowledged annually in rotation on the Five Rand coin.
The FNMT-RCM is a public company created in 1893 by merging two age-old organizations, the Casa de la Moneda (The Mint) and the Fábrica del Sello (The Stamp Factory).
Its activity encompasses security paper manufacturing, printing banknotes, postage stamps, fiscal seals, security labels, identification documents, passports, entrance tickets, and minting of circulating and collector coins. It also develops and manufactures smart cards and electronic certificates and services associated with the implementation and full development of national identification systems.
Swissmint is a traditional Swiss company, focussed on supplying the Swiss market with circulation coins for daily transactions. It also produces collector and investment coins in precious and base metals.
The need for circulation coins is determined by the Swiss National Bank. There are over five billion Swiss coins in circulation with a face value of more than CHF 2.9 billion. This is the equivalent of over 18,000 tonnes in terms of weight.
There have been five Thai Mints since 1875, following the order by King Rama IV in 1860 to construct the first mint, Sitthikarn Mint. The current mint began operating in January 2002.
Its yearly production capacity is 1,000M circulation coins, 50M commemorative coins, 500,000 sets or Royal orders and 4.7M medals /other metallic pieces /art objects per year. The designs of the circulation coins are modified accordingly to the reign in which they are issued. Commemorative coins are specially produced to mark important events related to the royal family, the kingdom and religion, and are mostly minted in gold, silver and copper base alloy.
The Royal Dutch Mint is the country’s only producer of Dutch euro coins. It is an innovative and internationally oriented company rooted in a 450 years of tradition, dealing in value-added products.
Recent innovative developments include laser and 3D techniques on coins, which enable, for instance, applying a QR code or micro text. The Royal Dutch Mint belongs to the global top five producers of circulation coins, commemorative coins and collector’s items. The company has been based in Utrecht since 1567.
The Turkish State Mint (in Turkish, Darphane) is a state-owned entity responsible for minting the coinage of Turkey. Situated in Istanbul, it produces circulating and commemorative coins, gold coins, official seals, medals, tokens, visas, tax stamps, passports and all kinds of valuable paper for the Republic of Turkey.
It is successor to the largest mint of the Ottoman Empire, the Constantinople Mint or ‘Kostantiniyye Mint’, the earliest mention of which is in a document by Sultan Mehmed II in 1467.
The National Bank of Ukraine Banknote Printing and Minting Works commenced operation in 1998 and began minting circulation coins in late 2000. It produces banknotes and coins as well as commemorative and investment coins, and medals and badges for honorary titles, state prize laureates and presidential awards.
The mint also produces banknote and protected paper. The first circulating coin to be struck at the mint was the one kopiika coin. To date the mint has produced almost 10 billion of low denomination and circulating coins.
The Royal Mint’s first responsibility is to make and distribute United Kingdom coins as well as to supply blanks and official medals. Throughout the 1000 years or so of the mint’s existence, English and then British coinage has remained its principal focus.
However, the Royal Mint is also the world’s leading export mint, making coins and medals for an average of 60 countries every year. The mint’s headquarters employ more than 900 people, and its 35-acre site operates around-the-clock for 52 weeks a year. It can produce 90 million coins and blanks a week, which is almost five billion coins a year.
United States Mint
The United States Mint serves the American people by manufacturing and distributing circulation, precious metal and collectible coins and national medals, and by providing security over the assets entrusted to it.
Since 1792, the mint has taken great pride in rendering the story of the United States of America in coins. The mint is the nation’s sole manufacturer of legal tender coinage and is responsible for producing circulation coinage for the nation to conduct its trade and commerce. The mint also produces coin-related products including proof, uncirculated, and commemorative coins, Congressional Gold Medals, and silver and gold bullion coins. The mint’s programs are self-sustaining and operate at no cost to the taxpayer.
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