OTTAWA, Ontario, Oct. 16, 2019 /PRNewswire/ -- The Royal Canadian
Mint is delighted that its advanced tri-metal coin technology won
global currency industry recognition by being crowned the Best
new coin product, feature or distribution innovation of the
International Association of Currency Affairs' (IACA) 2019
Excellence in Currency Awards for Coins. This award was officially
announced on October 15, 2019 at the
Coin Conference in Rome,
Italy.
"The Mint is proud that our innovations continue to receive
world-wide recognition from the International Association of
Currency Affairs and our industry peers," said Marie Lemay, President and CEO of the Royal
Canadian Mint. "We are excited to add our award-winning tri-metal
coin technology to the long list of coin solutions offered to our
international customers."
The tri-metal token consists of a brass plated steel ring, with
an inner core of nickel plated steel and copper-plated steel on the
opposite side. With a complex arrangement of multiple materials,
this token combines the most advanced overt and covert security
features, including differentiated electromagnetic signatures in
vending equipment.
Images of this award-winning innovation can be found here.
The Mint is also proud to have manufactured the Reserve Bank of
New Zealand's 2018 coloured
Armistice Day circulation coin, which won awards in the Best New
Commemorative Circulating or Test Coin at Face Value and
Best Circulating Coin Public Education Program, Website, or
App categories.
The Excellence in Currency Awards awards were introduced by IACA
in 2007 to promote and recognise excellence in currency issue,
production, processing, management and distribution. The Mint is
proud to have been recognized through several previous Excellence
in Currency awards:
- the Canada 150 commemorative
circulation coin program in the Best New Communications
Program category (2017)
- joint recognition with the Reserve Bank of New Zealand for New
Zealand's 50-cent Anzac 100th anniversary coloured
circulation coin, in the Best New Commemorative or Test
Circulating Coin category (2015);
- the multi-ply plated steel $1 and
$2 circulation coins with advanced
security features, introduced in 2012, in the Best New Coin
Innovation category (2013);
- the Vancouver 2010 Winter
Games commemorative circulation coin program in the Best New
Coins Series category (2011); and
- the 2006 25-cent Pink Ribbon
circulation coin in the Best New Coin category (2007).
About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for
the minting and distribution of Canada's circulation coins. The Mint is
recognized as one of the largest and most versatile mints in the
world, offering a wide range of specialized, high quality coinage
products and related services on an international scale. For more
information on the Mint, its products and services, visit
www.mint.ca. Follow the Mint on Twitter, Facebook and
Instagram.
About IACA
Working hand in hand with the public and private sector, IACA's
goal is to provide an international exchange for consultation and
collaboration on matters of interest to stakeholders in the cash
payments cycle and to give back to the industry through the
benefits provided from our various project work, programs and
information resources. Member companies include all stakeholders in
the cash payments cycle, including: central banks; currency issuing
authorities; ministries of finance; state and commerical
printworks; state and commercial mints; cash management companies;
currency industry suppliers and cash handling suppliers.
Alex Reeves
Senior Manager
Public Affairs
+1-(613)-884-6370
reeves@mint.ca
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SOURCE Royal Canadian Mint