Denmark: Contract to Supply Circulation Kroner Coinage Announced by National Bank.

The announcement was made on the 9^th January that an agreement was signed with the Fábrica Nacional de Moneda y Timbre – Real Casa de La Moneda of Spain regarding production of Danish coins for the next four years. The Spanish coin manufacturer will be responsible for producing coins and replaces the now defunct Mint of Finland who produced Danish circulation, proof and BU coinage as well as precious metal commemorative coins since 2017. The decision to contract the Mint of Finland followed on the announcement of the closure of the Royal Danish Mint in 2016 citing cost savings. At the end of 2023, the National Bank announced they would no longer produce collector proof and BU sets of circulating coins and their retail service to collectors was ended. The Mint of Finland in turn announced they would cease production and business in March 2025.

As the contract with the Mint of Finland officially expired at the end of 2024, the Danish National Bank initiated an EU-wide tender to identify and appoint a new supplier of coins. The Real Casa de La Moneda was chosen as their bid was the most favourable overall. The evaluation criteria included price, quality, and corporate social responsibility (CSR). The first order from Real Casa de La Moneda will be for 1, 2, 5, 10 and 20 kroner coins. The three smallest values are designed with a centre hole and expected to feature the monogram of the Danish King who succeeded to the throne in January last year after the abdication of his mother Queen Marghethe II. The two highest face value coins will depict the effigy depicting HM King Frederik X seen earlier on commemorative 20 Kroner 2024-dated coins, the last produced by the Mint of Finland and marking the King’s accession last January. An additional change in design which will most likely be reflected on new 10 and 20 kroner coins is the amendment of the Royal coat of arms or crest which is usually featured on the reverse side of these denominations. The royal coat of arms is both the king's personal crest and a state symbol, used on official documents. By order of His Majesty, the Kingdom of Denmark, which consists of three constituent countries of Denmark, the Faeroe Islands and Greenland, all three countries are now separately and equally represented in fields on the new coat of arms.

The first coins from the Spanish manufacturer are expected to enter circulation in late 2025. The Real Casa de La Moneda also produces coins for several other countries aside from minting Spanish euro circulation and commemorative coins. The Chief Cashier, Niels Kaas added that the National Bank looks forward to starting a new chapter with Real Casa de la Moneda and continuing the tradition of Danish coin issuance with emphasis on high quality and reliability. There is no information as to whether the National Bank will resume producing collector editions of Danish coinage. For additional information, please visit the website of the National Bank of Denmark.