New Owner for Osborne Coinage

Royal United Mint (RUM), the parent company of the Royal Dutch Mint and the Belgian Mauquoy Token Company, has acquired Osborne Coinage Co, based in Cincinnati, Ohio and the oldest private mint in the US. According to RUM, the acquisition will establish its presence in the US, making it the world leader in the production of base metal tokens and coins.

Osborne Coinage has been owned by the Stegman family for the past 75 years and employs 60 people. It produces a wide variety of custom coins for applications such as awards, gift certificates, sporting events and souvenirs. In addition, it produces blanks in base metals as well as commemorative and circulation coins in baes and precious metals.

Andre McCaster, who has been in charge of Osborne Coinage for two years, will continue to manage the company and becomes joint shareholder in the transaction.