The future of banking, especially tellers inside bank lobbies, is changing. So is the future of cash, this being coins and bank notes. The big question for those interested in numismatics is if the days are numbered for physical currency.
Not so, according to a British testing service. The Smithers Pira service released a study in August that indicates the number of bank notes will increase by about five percent annually between 2016 and 2026. The study did not address coinage directly, but considering the recent move towards eliminating low denomination bank notes and replacing them with coins, the Smithers Pira study could be termed a “coincidence barometer” for the future of coins as well.
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