A New Association for Mints is Born

At the recent Mint Directors Conference in Ottawa, the Mint Directors Association (MDA) was formally announced. It has now been legally incorporated as a not-for-profit association, and is the successor to the MDC, the looser association of mint directors that has been in existence since 1962.

The MDA currently comprises 19 member mints from around the world. Membership is open to any sovereign mint, whilst the qualifying criteria for broader membership within the industry will be finalised at the next MDA meeting, which will be held in Berlin in early February at the World Money Fair.

According to the MDA, its purpose is to ‘promote the mint industry’s role, contribution and significance. It promotes the sharing of information that will help address challenges and foster opportunities for circulating coins, collectible coins and bullion. It provides a forum that encourages innovation and presents best practices – be they technical, marketing or experiences’.