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.