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European Vending Association Issues 3rd Coin Design Handbook For Mints, Antifraud Agencies

Posted On: 6/16/2016

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TAGS: coin validation, coin acceptance, coin machine payments, European Vending Association, Coin Design Handbook, Mint Directors Conference, coin minting, coin anti counterfeiting, coin handling issues

BRUSSELS -- The European Vending Association has published the third edition of its "Coin Design Handbook," or CDH. The updated version was introduced at the 29th Mint Directors Conference, held early in May in Bangkok, Thailand.

EVA explains that its mission includes striving to enhance the role, acceptability and security of coins for the general public in automated vending transactions, as well as for industries requiring coin counting, sorting and handling capabilities. In support of this mission, the association launched the first CDH version at the 25th Mint Directors Conference in 2008. CDH version 2 appeared in 2012.

The handbook was produced under the aegis of the Mint Directors Conference Technical Committee as a guide to understanding the coin validation process and its consequences. Its objective is to assist mints in designing and manufacturing coins optimized for electronic validation.

According to EVA, the MDC-TC has already warmly welcomed the document; one member is reported to have described it as "the most comprehensive piece of literature about the electro-magnetic signature." It is written from the perspective of coin validation and of coin processing equipment, which share similar principles of coin sensing technology.

CDH version 1 quickly became regarded as a robust and authoritative work that enables a common understanding of how coin validators work, EVA said. It also explains how coins can be further enhanced to improve effective validation and reduce the risks from fraud.

Many organizations involved in the design and minting of coinage use the book. More than 80 controlled copies are in use in 37 countries in all parts of the globe (the geographical scope of EVA members is worldwide).

The handbook was jointly written, edited and is fully endorsed by global market leaders in the manufacture of coin validation and processing equipment. "In issuing this document, the EVA is offering its assistance and consultation for existing and future coin issues to any relevant stakeholder," the association said.

Because of its content, CDH's circulation is limited to mints, central banks, treasury departments and manufacturers of coin blanks, as well as police forces and intergovernmental organizations like Europol and Interpol, which are involved in antifraud operations. Qualifying organizations can email requests to EVA at vending@vending-europe.eu. A nondisclosure agreement is required.