-ROYAL CANADIAN MINT AND THE CENTRAL BANK OF BARBADOS WIN THE INTERNATIONAL ASSOCIATION FOR MONETARY AFFAIRS 2022 COIN EXCELLENCE AWARD IN THE CATEGORY OF BEST COMMEMORATIVE OR PROOF COIN IN CIRCULATION

OTTAWA, ON, Oct. 21, 2022 /PRNewswire/ -- The Royal Canadian Mint is pleased to be recognized, along with the Central Bank of Barbados, for the glow-in-the-dark $1 Flying Fish circulation coin that has been crowned the best commemorative or proof coin in circulation at the International Association for Monetary Affairs (IACA) Coin Excellence Awards 2022. Issued in honor of the Bajan frontline workers who helped the nation through the COVID-19 pandemic, this stamp-printed color circulation coin was enhanced with the Mint's own photo-luminescent technology. This application symbolizes the light of hope that breaks through the shadow of adversity. The IACA award, for the first application of phosphorescent color on a non-Canadian coin, was officially launched today at the 2022 Coin Conference in Amsterdam, the Netherlands.

"The Royal Canadian Mint is dedicated to advancing the art and science of coinmaking, not only for Canada and Canadians, but also for the benefit of the global coin industry," said Marie Lemay, president and CEO of the Royal Canadian Mint. Royal Canadian Mint. "This recognition by IACA is an important endorsement of our innovation strategy and our strategic collaborations with key international clients such as the Central Bank of Barbados, which demonstrate that our technological advances can make a difference to circulation coin users around the world. the world."

This limited edition circulation coin was released virtually on November 28, 2020. The coin highlights the "Flying Fish" design of the iconic Barbados circulation dollar coin with the Mint's glow-in-the-dark painting technology. . In addition to entering general circulation, the coins were also made available for sale in special commemorative credit card-style packaging.

The Coin Excellence Awards were introduced by IACA in 2007 to promote and recognize excellence in coin issuance, production, processing, management and distribution. Mint is proud to have been recognized with several previous awards:

You can find videos and photos of this project here.

About the Royal Canadian Mint

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulating coins. The Mint is recognized as one of the world's largest and most versatile mints, offering a wide range of high-quality, specialized minting products and related services on an international scale. For more information about the Mint, its products and services, visit www.mint.ca. Follow Mint on Twitter, Facebook and Instagram.

About IACA

Working hand-in-hand with the public and private sector, IACA's aim is to provide an international exchange for consultation and collaboration on matters of interest to stakeholders in the cash payment cycle and give back to the industry through the benefits provided by our various project work, programs and information resources. Members include all stakeholders in the cash payment cycle, including: central banks; currency issuing authorities; finance ministries; state and commercial printers; state and commercial mints; cash management companies; currency industry providers and cash handling providers.

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