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Author Topic: Royal Mint of Belgium to close  (Read 461 times)

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Offline eurocoin

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Royal Mint of Belgium to close
« on: October 08, 2016, 08:08:42 AM »
As I earlier reported here (as a prime :) ), the Ministry of Finance of Belgium is considering what to do with the Royal Mint of Belgium. Yesterday the Belgian newspaper 'De Tijd' reported that there is now a specific proposal from Minister of Finance Johan Van Overtveldt to close the mint from 2018. Earlier the Belgian treasury already announced that they are going to close their banknote printer in 2020.
« Last Edit: October 08, 2016, 09:32:25 PM by eurocoin »

Offline Pabitra

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Re: Royal Mint of Belgium to close
« Reply #1 on: October 08, 2016, 03:16:53 PM »
Which mints have closed down all over the world, in last few years?
I can count Sweden and Denmark so far.
Earlier, Nigeria, Sudan and Zimbabwe had closed down.

Offline eurocoin

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Re: Royal Mint of Belgium to close
« Reply #2 on: October 08, 2016, 03:30:04 PM »
Which mints have closed down all over the world, in last few years?
I can count Sweden and Denmark so far.
Earlier, Nigeria, Sudan and Zimbabwe had closed down.

European Central Mint closed down too, not a national mint though.
Yes Sweden and Denmark. Norway is also on the verge of bankruptcy.

Offline chrisild

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Re: Royal Mint of Belgium to close
« Reply #3 on: October 22, 2016, 05:43:56 PM »
Strictly speaking the "European Central Mint" did not close down but was closed down ;) because their activities were not exactly legal to put it extremely mildly. - In terms of legit mints, the one in Malta closed in 1995 ...

Christian

Offline eurocoin

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Re: Royal Mint of Belgium to close
« Reply #4 on: October 23, 2016, 09:30:12 AM »
Strictly speaking the "European Central Mint" did not close down but was closed down ;) because their activities were not exactly legal to put it extremely mildly.

I know that story all too well  :) I am looking forward to the legal case against the main suspects (incl. the mintmaster). Mintmaster Patrick O. has one of the best and most expensive lawyers in the Netherlands (Jan-Hein Kuijpers). I think however that it will take the Public Prosecution Service at least until the end of next year or maybe even until 2018 to end the investigation.

Offline eurocoin

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Re: Royal Mint of Belgium to close
« Reply #5 on: April 05, 2017, 09:19:42 PM »
Although no official decision has been taken yet about the closure of the mint, that decision only seems to be a formality. It is clear that the mint will be closed. The staff has conversations this month about a new job.

Offline eurocoin

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Re: Royal Mint of Belgium to close
« Reply #6 on: May 15, 2017, 01:09:39 PM »
A very small part of the mint will remain open, this consists of the in-house assay office and Royal Mint of Belgium will remain the point of contact of the European Central Bank if things have to be discussed concerning Belgian coins.

There were rumours that also the production of collectors coins will remain at Royal Mint of Belgium although that is unclear.

The Belgian government already tried to close the Belgian mint in 2010, though it turned out that the plans were not to the liking of HRH King Albert of Belgium.