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Filtered by Coins — 10 articles

Dr Tomasz Jagielinski

23 April 2026

5 min read

How Long Do Coins Last in Circulation? Considerations regarding coin life estimation and the case of US pennies

This article was first published in February’s edition of Coin & Mint News™. The issue of estimated coin life has been a subject of speculation for a long time. There are limited data and systematic studies about the life of coins. Publicly available information from world mints suggests that coins could remain in circulation for at least 25 or 30 years. There are other sources suggesting that coins could last in circulation much longer and their lifetime could even exceed 50 years.

Coins

John Winchcombe

24 Sept. 2025

7 min read

The Penny Dilemma and the Burden of Paying Cash

Following the announcement by the US Treasury that it has begun the process of phasing out production of the one cent (penny) coin, the Federal Reserve Bank of Atlanta published an article on its Policy Hub: Macroblog on the topic.

Coins Payments

John Winchcombe

26 March 2025

4 min read

Stablecoins for Cross-Border Payments

A paper by PCMI assesses opportunities for stablecoins in cross-border payments1. Stablecoins are blockchain-based digital assets pegged to a fiat currency and around $210 billion worth are in circulation, the largest issuers being Tether (USDT) and Circle (USDC).

Coins Digital CN

John Winchcombe

23 Feb. 2023

5 min read

IMIA – Making the Case for Cash, and Coins

The International Mint Industry Association (IMIA) was founded last year and officially launched this month at the World Money Fair in Berlin, with a specific focus on research and advocacy for coins as part of the cash, and hence payments, ecosystem. IMIA President Gerhard Starsich (GS) and Managing Director Martina Horakova (MH) spoke to sister publication Coin & Mint News™ about the foundation of the new association, the role of coins in the cash cycle, and how the IMIA plans to make the case for their importance, and indeed that of cash overall.

Coins

John Winchcombe

3 July 2022

5 min read

MDC Forum – Cash in Uncertain Times

Four speakers focused on the future of cash at the recent Mint Directors Conference online forum. Two academics used their research to explain how, and why people pay as they do and then two speakers questioned future payments and how they might evolve.

Coins Events

John Winchcombe

24 Aug. 2021

4 min read

News in Brief

The Federal Reserve Bank of Kansas City has gone public encouraging people to use coins and to return them into the cash cycle. After the coin hiatus last year, which saw the formation of the Coin Taskforce and limits on the issue of coins to retailers and institutions, the situation had eased with the limits lifted and normal service resuming.

ATMs Bank Branch Coins

John Winchcombe

18 May 2021

6 min read

A Focus on Coins in the Cash Cycle

Without coins you cannot receive change when you pay with a banknote. Although banknotes receive most attention in the cash cycle, April’s MDC webinar reminded people why that is a mistake.

Coins

John Winchcombe

27 April 2021

5 min read

News in Brief

One of the parts of the cash cycle most affected by the pandemic has been coins. The normal flow has been seriously disrupted as people have switched to card payments or have rounded cash payments to use notes in preference to coins. In February 2020 there were almost £3 million worth of 2p coins held in wholesale cash centres, but demand has continued to outstrip supply almost every week, and in the past twelve months over £2.2 million in new 2p coins have been issued into circulation but never returned. Where are they all and why aren’t the pennies behaving the same?

ATMs Bank Branch Coins

John Winchcombe

4 Jan. 2021

4 min read

Coin, Coin Everywhere and not a Cent to Spend

At the ICCOS Americas online conference there was, unusually, a coin panel, ‘Coin, coin everywhere and not a cent to spend.’ The focus was on what had happened to coins in the US in the pandemic, why a Coin Task Force had had to be set up and what the situation is now. The panel consisted of Kathleen Young from the Federal Reserve Cash Services Product Office, Ashley Yayock from Walmart, Thomas Strauser from Loomis, JR Davis from Davis Bankcorp and Linda Sherry from National Priorities Consumer Council.

Coins COVID Events

John Winchcombe

4 Jan. 2021

3 min read

Germany’s High Coin Demand Driven by Domestic Demand

The Bundesbank (BBk) provides 25.5% of the fully paid capital that underpins the European Central Bank (ECB), but it has brought into circulation 29.9% of the value of coins in circulation (€8.46 billion). This figure has been stable for some time.

Coins Country Profile

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Latest News

How Long Do Coins Last in Circulation? Considerations regarding coin life estimation and the case of US pennies

The Penny Dilemma and the Burden of Paying Cash

Stablecoins for Cross-Border Payments

IMIA – Making the Case for Cash, and Coins

MDC Forum – Cash in Uncertain Times

News in Brief

A Focus on Coins in the Cash Cycle

News in Brief

Coin, Coin Everywhere and not a Cent to Spend

Germany’s High Coin Demand Driven by Domestic Demand

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