Royal Mint
From Wikipedia, the free encyclopedia.
The Royal Mint is the name of the body permitted to make (mint) coins in the United Kingdom. Their work and history is discussed below.
The Royal Mint originated over one thousand years ago, but is now (since 1975) a Government Trading Fund, operating in much the same way as a government owned company, that not only mints coins for the UK, but also mints and exports coins to many other countries. It also produces military medals, commemorative medals and other such items for governments, schools and businesses.
The mint is now on a single site in Llantrisant, South Wales.
History
The Royal Mint first became a single institution in (?), when minting operations were centralised in the Tower of London.
Isaac Newton, who took up his post in 1696 is the best known Master of the Royal Mint. He unofficially moved Sterling to the gold standard from silver in 1717.
See also:
External links