Research and Markets: World Coins and Blanks: A Global Review of the Industry and its Manufacturers

Thu Feb 7, 2013 8:51am EST

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DUBLIN--(Business Wire)--

Research and Markets

( has
announced the addition of the "World Coins and Blanks: A Global Review of the
Industry and its Manufacturers" report to their offering.

Industry Highlights

The first-tier is dominated by large, state-owned mints that offer coins and
blanks as well as a range of ancillary products, including commemoratives,
bullion, decorations, medals and jewellery. 

This is followed by a second-tier, composed of medium-sized state-owned mints
without blanking capacity that caters to their domestic or regional needs,
exporting excess capacity to the commercial market. The gap in turnover and
volume between the first and second divisions is relatively wide. 

A third-tier is comprised of private-sector companies covering mint-related
products and services. These include companies that offer minting components as
a bi-product to their core business in industrial and consumer products. 

All state mints underwent corporatization around the 1960s-1990s, with
governments instructing them to secure export sales. 

Elements of risk are linked to two key factors: the volatile price of metals,
and the requirement to devote considerable financial resources for the
acquisition of raw material for the manufacturing process. Groups that do not
benefit from solid financial foundations can find themselves in difficulty if
they overstretch their capacities. Some state-owned mints have the advantage of
higher-margin revenues generated by sales to their own governments, sales that
are closed to third parties, which in turn enables them to engage in global
expansion. Others generate large turnover from bullion sales. For those that do
not benefit from this added security, conditions can be challenging. For
example, in 2011, we witnessed the quasi-bankruptcy of a notable European
player, Verres SpA. As such, state-owned mints have a considerable advantage
compared to private corporations, as they have a stableclient base in their
national government. This is not doubt why many countries who buy coins only
deal with those mints that are state-owned. 

In the period succeeding the launch of the Euro, mints that have consolidated
into integrated manufacturing units, and which have established a sound
financial base, are those best positioned to address the challenges of the
market and grow in future.

Publication Overview

This report is a comprehensive review of the coin market and exporting
manufacturers. It briefly examines the technology behind blank manufacturing and
coin striking, before providing historical, technical and financial profiles of
the main players in the industry. It analyzes the risks that are ever-present in
this sector - the volatility of metal prices combined with high procurement
costs and low margins - and the industry's long-term prospects.

Topics Covered

List of Tables 

1. Abstract 

2. Key Findings 

3. Introduction 

4. Technical Briefing 

5. Manufacturers' Profile 

5.1 First-Tier Groups: State Mints producing coins, collectibles and blanks 

5.1.1 The Royal Canadian Mint 

5.1.2 Royal Mint 

5.1.3 Mint of Finland Group 

5.1.4 The Austrian Mint 

5.1.5 Monnaie de Paris, France 

5.2 Second-Tier Groups: State Mints producing coins and collector items 

5.2.1 The Royal Dutch Mint 

5.2.2 The German Regional Mints 

5.2.3 The Royal Australian Mint 

5.2.4 The South African Mint 

5.2.5 The Slovakian Mint 

5.2.6 The Singapore Mint 

5.3 Third-Tier Groups: Non State Mints and Blank Manufacturers 

5.3.1 Poongsan Corporation, Korea 

5.3.2 Amera Payment Systems AG 

5.3.3 Consolidated Coin Company (CCC), India 

5.3.4 Jindal Stainless Steel (JSS) 

6. Conclusions: Risks and Challenges 

Annex 1 - Conversion rate 

Annex 2 - Lexicon 

Companies Mentioned

- Amera Payment Systems AG 

- Berlin Mint 

- Consolidated Coin Company (CCC), India 

- Hamburg Mint 

- Jindal Stainless Steel (JSS) 

- Karlsruhe Mint 

- Mint of Finland Group 

- Monnaie de Paris, France 

- Munich mint 

- Poongsan Corporation, Korea 

- Royal Mint 

- Stuttgart Mint 

- The Austrian Mint 

- The Royal Australian Mint 

- The Royal Canadian Mint 

- The Royal Dutch Mint 

- The Singapore Mint 

- The Slovakian Mint 

- The South African Mint 

For more information

Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking

Copyright Business Wire 2013

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