Danmarks Nationalbank closed the sale of coins and banknotes via the coin webshop on 1 December 2023 at 12 noon due to falling sales figures and rising costs.
Danmarks Nationalbank has closed The Royal Mint webshop, which sold annual coin sets. The decision is due to falling sales figures in the webshop and higher costs of producing coins for the webshop.
The webshop's sales module closed on Friday 1 December 2023 at 12.00 noon.
Items ordered no later than 1 December and paid for within 14 days will be sent so that they arrive before Christmas. The webshop will remain active as a website until the beginning of the new year. After this, information about the right to complain, etc. appear here on Danmarks Nationalbank's website.
Danmarks Nationalbank's task of issuing coins and notes for general circulation in society has not changed. It remains one of Danmarks Nationalbank's core tasks to provide secure and efficient means of payment, including cash.
Over recent years, there has been falling demand for the products sold via the webshop.
At the same time, it has also become more expensive to produce coins for the webshop. This is because less cash is generally used in society, e.g. for payments in shops. Therefore, there is not so much need to produce new coins for general circulation in society. This makes it proportionately more expensive to produce new coins if they are only intended to support sales in the webshop. It is expensive because small purchases of new coins result in a higher unit price. In addition, there is handling and transport of the coins, which also become more expensive per coin for small deliveries.
It is planned that commemorative coins will continue to be produced in connection with special occasions in the Royal Household, e.g. the regent's round birthdays and government jubilee.