August 12, 2022

First with the Alderney News

Coin contract extended

1 min read

The Policy & Finance Committee (P&F) has agreed to a one-year extension to the commemorative coin contract between the States and the Commonwealth Mint that was due to expire at the end of March 2022.

The contract was awarded in 2017 following a competitive tender.

Alderney coins are eagerly anticipated by numismatic collectors and are distributed by leading UK coin retailers with listings in Europe, Middle East, Africa, Asia-Pacific and North America.

P&F decided that an extension would provide continuity in a difficult period with some important coin issues planned in 2022. A full tender exercise will then be necessary so that the States can demonstrate that it is acting in the best interests of the Island’s taxpayers.

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