At the recent MDC Internal Affairs meeting,Chair of the MDC Technical Committee Mr Manfred Matzinger-Leopold provided the annual update on the important work of the Technical Committee.
The year 2021 has commenced in much thesame way it concluded – with emerging opportunities for the Mint industry as well as considerable challenges.
I don’t need to tell you what an
extraordinary and difficult year 2020 has been. However, I can say that member Mints have been amazing in dealing with the year’s challenges and in responding so positively to the opportunities as they have emerged. It is a reminder to all of us of the adaptability, resilience and creativity that so characterises our industry.
As we head to the year end and Christmas period the industry has a chance to stop and reflect on a year that none of us have ever experienced before and let’s hope never will again.
The Bavarian State Mint founded in 1158, hence one of the oldest mints worldwide, took active part in an innovation process which lasted almost a decade and included a considerable part of the supply chain in the minting business.
The new £2 uncirculated coin is available in different metals, with prices ranging from £10 for a brilliant uncirculated version to £1,115 for a gold coin.
The reverse design features a missing puzzle piece, which is symbolic of a Christie narrative and you can take part in your own Christie mystery and hunt for hidden clues and surprises in the packaging.
The MDC, which began in 1962 as a small gathering for the exchange of mint-related technology information, has grown into a global mint conference representing 41 member mints from around the world.
Meanwhile, the mint industry is
undergoing a transformation.
Welcome to the first edition of Enduring Worth, the global mint industry’s regular update on the rich history and vibrant future of coins.
Recent research undertaken by the MDC and member mints has confirmed that Covid-19 has accelerated the use of digital payments – and that the move to contactless transactions has thrown the spotlight on inequalities.
Like most sectors, the global Mint industry was not expecting the arrival of COVID-19 late last year. As an industry however we have been aware for some time of the shift in consumer behaviour to cashless transactions that has now been exacerbated and accelerated by the virus.
Regrettably, our showcase event for information sharing and collaboration, MDC2020, has been postponed to 31 October–3 November 2021. This decision was taken amid continuing concerns over the progression of the COVID-19 pandemic across the world. Most of us are experiencing first-hand the widespread and profound impact the pandemic is having on our economies and our everyday lives. Social distancing and lockdowns have become the norm, and it looks as if they will be with us for some time to come.
The Mint Directors Conference (MDC) and the South African Mint would like to announce the extended postponement of MDC2020 in Cape Town to 31 October–3 November 2021.