Information about Royal Mint
The Royal Mint is the body permitted to manufacture, or mint, coins in the United Kingdom of Great Britain and Northern Ireland.
The Royal Mint originated over one thousand years ago, but it has functioned since 1975 as a 'Government Trading Fund', operating in much the same way as a government-owned company. It now has executive agency status, and is currently undergoing the process of being converted into a Government-owned business. The Royal Mint as a body reports to HM Treasury, though departmental day-to-day responsibilities are handled by the Shareholder Executive. As well as minting coins for the UK, it also mints and exports coins to many other countries, and produces military medals, commemorative medals and other such items for governments, schools and businesses.
The mint has an extensive collection of coins from the 16th century onwards. The collection is housed in eighty cabinets made by Elizabeth II's cabinet maker, Hugh Swann.
The mint operates on a single site in Llantrisant, South Wales. Responsiblity for the security of the site falls to the Ministry of Defence Police, who provide an armed contingent.
The annual Trial of the Pyx checks coins produced for the UK government for size, weight and chemical composition.
By the time Newton arrived the Mint had expanded to fill several rickety wooden buildings ranged around the outside of the Tower. In the seventeenth century the processes for minting coins were mechanised and rolling mills and coining presses were installed. The new machinery and the demand on space in the Tower of London following the outbreak of war with France led to a decision to move the Mint to a new site on nearby Tower Hill. The new building, designed by James Johnson and Robert Smirke, was completed in 1809, and included space for the new machinery, and accommodation for the officers and staff of the Mint.
The building was rebuilt in the 1880s to accommodate new machinery which increased the capacity of the Mint. As technology changed with the introduction of electricity and demand grew, the process of rebuilding continued so that by the 1960s little of the original mint remained, apart from Smirke's 1809 building and the gatehouse in the front.
The Tower Hill site finally reached capacity ahead of decimalisation in 1971, with the need to strike hundreds of millions of new decimal coins, while at the same time not neglecting overseas customers. In 1967 it was announced that the Mint would move away from London to new buildings in Llantrisant, ten miles west of Cardiff. The first phase was opened by The Queen on 17 December 1968, and production gradually shifted to the new site over the next seven years until the last coin, a gold sovereign, was struck in London in November 1975. Smirke's 1809 Building is now used as commercial offices by Barclays Global Investors.
..... Click the link for more information.
The Royal Mint originated over one thousand years ago, but it has functioned since 1975 as a 'Government Trading Fund', operating in much the same way as a government-owned company. It now has executive agency status, and is currently undergoing the process of being converted into a Government-owned business. The Royal Mint as a body reports to HM Treasury, though departmental day-to-day responsibilities are handled by the Shareholder Executive. As well as minting coins for the UK, it also mints and exports coins to many other countries, and produces military medals, commemorative medals and other such items for governments, schools and businesses.
The mint has an extensive collection of coins from the 16th century onwards. The collection is housed in eighty cabinets made by Elizabeth II's cabinet maker, Hugh Swann.
The mint operates on a single site in Llantrisant, South Wales. Responsiblity for the security of the site falls to the Ministry of Defence Police, who provide an armed contingent.
The annual Trial of the Pyx checks coins produced for the UK government for size, weight and chemical composition.
History
The London Mint first became a single institution in 886, during the reign of Alfred the Great, but was only one of many mints throughout the kingdom. By 1279 it had moved to the Tower of London, and remained there the next 500 years, achieving a monopoly on the production of coin of the realm in the 16th century. Sir Isaac Newton took up the post of Warden of the Mint, responsible for investigating cases of counterfeiting, in 1696, and subsequently held the office of Master of the Royal Mint from 1699 until his death in 1727. He unofficially moved the Pound Sterling to the gold standard from silver in 1717.By the time Newton arrived the Mint had expanded to fill several rickety wooden buildings ranged around the outside of the Tower. In the seventeenth century the processes for minting coins were mechanised and rolling mills and coining presses were installed. The new machinery and the demand on space in the Tower of London following the outbreak of war with France led to a decision to move the Mint to a new site on nearby Tower Hill. The new building, designed by James Johnson and Robert Smirke, was completed in 1809, and included space for the new machinery, and accommodation for the officers and staff of the Mint.
The building was rebuilt in the 1880s to accommodate new machinery which increased the capacity of the Mint. As technology changed with the introduction of electricity and demand grew, the process of rebuilding continued so that by the 1960s little of the original mint remained, apart from Smirke's 1809 building and the gatehouse in the front.
The Tower Hill site finally reached capacity ahead of decimalisation in 1971, with the need to strike hundreds of millions of new decimal coins, while at the same time not neglecting overseas customers. In 1967 it was announced that the Mint would move away from London to new buildings in Llantrisant, ten miles west of Cardiff. The first phase was opened by The Queen on 17 December 1968, and production gradually shifted to the new site over the next seven years until the last coin, a gold sovereign, was struck in London in November 1975. Smirke's 1809 Building is now used as commercial offices by Barclays Global Investors.
Role of the Royal Mint
The Royal Mint exists principally to mint coins for circulation in the UK. It also manufactures and circulates coins for over 100 other countries, mints collectors' coins, and produces military medals and civilian decorations for the British military and orders of chivalry. The Mint also produced coins for Canada until 1908 when an Ottawa branch of the Royal Mint was established.See also
External links
- British Royal Mint
- Chard website
- Royal Mint Official Store
- Royal Mint privatisation plan halted - BBC News, 9 July 1999
- Coin Designs- Royal Mint Competition Designs
"Mints" redirects here. For other uses, see Mint (disambiguation).
A mint is a place or facility which manufactures coins for currency.
On the whole, the history of mints correlates very closely with the history of coins.
..... Click the link for more information.
A mint is a place or facility which manufactures coins for currency.
On the whole, the history of mints correlates very closely with the history of coins.
..... Click the link for more information.
Motto
"Dieu et mon droit" [2] (French)
"God and my right"
Anthem
"God Save the Queen" [3]
..... Click the link for more information.
"Dieu et mon droit" [2] (French)
"God and my right"
Anthem
"God Save the Queen" [3]
..... Click the link for more information.
An Executive Agency is a part of a government department that is treated as managerially and budgetarily separate in order to carry out some part of the executive functions of the United Kingdom government, Scottish Executive, Welsh Assembly and Northern Ireland Executive.
..... Click the link for more information.
..... Click the link for more information.
Taxation in the United Kingdom
This article is part of the series:
Politics and government of
the United Kingdom
Central government
taxation
HM Treasury
HM Revenue and Customs
Income tax
..... Click the link for more information.
This article is part of the series:
Politics and government of
the United Kingdom
Central government
taxation
HM Treasury
HM Revenue and Customs
Income tax
..... Click the link for more information.
A medal is a small metal object, usually engraved with insignia, that is awarded to a person for athletic, military, scientific, academic or some other kind of achievement. There also exist devotional medals, worn to indicate religious faith.
..... Click the link for more information.
..... Click the link for more information.
Business law
Business organizations
Basic forms:
Sole proprietorship
Corporation
Partnership
(General · Limited · LLP)
Cooperative
USA:
Business trust · LLC · LLLP
Delaware corporation
Nevada corporation
UK/Commonwealth:
Limited company
..... Click the link for more information.
Business organizations
Basic forms:
Sole proprietorship
Corporation
Partnership
(General · Limited · LLP)
Cooperative
USA:
Business trust · LLC · LLLP
Delaware corporation
Nevada corporation
UK/Commonwealth:
Limited company
..... Click the link for more information.
Elizabeth II (Elizabeth Alexandra Mary;<ref name="sur" /> born 21 April 1926) is the Queen regnant of sixteen independent states and their overseas territories and dependencies.
..... Click the link for more information.
..... Click the link for more information.
Hugh Sinclair Swann (11 March 1925 - 13 June 2007), otherwise known as Tim Swann, became the cabinet maker to Elizabeth II of the United Kingdom. His work was inspired by his admiration for Barnsley, Gimson and Russell.
..... Click the link for more information.
..... Click the link for more information.
Llantrisant
..... Click the link for more information.
..... Click the link for more information.
Motto
Cymru am byth (Welsh)
"Wales forever"
Anthem
"Hen Wlad Fy Nhadau"
..... Click the link for more information.
Cymru am byth (Welsh)
"Wales forever"
Anthem
"Hen Wlad Fy Nhadau"
..... Click the link for more information.
Ministry of Defence Police
Ministry of Defence Police area
Coverage
Area Ministry of Defence Land & Property within the UK, Commercial customers' sites.
Size Over 200 sites within the UK and overseas.
..... Click the link for more information.
Ministry of Defence Police area
Coverage
Area Ministry of Defence Land & Property within the UK, Commercial customers' sites.
Size Over 200 sites within the UK and overseas.
..... Click the link for more information.
The Trial of the Pyx is the procedure in the United Kingdom for ensuring that newly-minted coins conform to required standards. Trials have been held from the twelfth century to the present day, normally once per calendar year; the form of the ceremony has been essentially the same
..... Click the link for more information.
..... Click the link for more information.
London Mint is an electronic sports franchise team for the Championship Gaming Series. It is based in London, England and is managed by Sujoy Roy.
Name Alias
Tom Chenery url
Henry Greer HenryG
Lewis Hughes Hughsy
Jonathan Finglass jon0o
..... Click the link for more information.
Roster
Name Alias
Tom Chenery url
Henry Greer HenryG
Lewis Hughes Hughsy
Jonathan Finglass jon0o
..... Click the link for more information.
9th century - 10th century
850s 860s 870s - 880s - 890s 900s 910s
883 884 885 - 886 - 887 888 889
..... Click the link for more information.
850s 860s 870s - 880s - 890s 900s 910s
883 884 885 - 886 - 887 888 889
..... Click the link for more information.
Alfred (also Ælfred from the Old English: Ælfrēd /'æl.freːd/) (c. 849 – 26 October 899) was king of the southern Anglo-Saxon kingdom of Wessex from 871 to 899.
..... Click the link for more information.
..... Click the link for more information.
1279 in other calendars
Gregorian calendar 1279
MCCLXXIX
Ab urbe condita 2032
Armenian calendar 728
ԹՎ ՉԻԸ
Bah' calendar -565 – -564
Buddhist calendar 1823
..... Click the link for more information.
Gregorian calendar 1279
MCCLXXIX
Ab urbe condita 2032
Armenian calendar 728
ԹՎ ՉԻԸ
Bah' calendar -565 – -564
Buddhist calendar 1823
..... Click the link for more information.
State Party United Kingdom of Great Britain and Northern Ireland
Type Cultural
Criteria ii, iv
Reference 488
Region Europe and North America
Inscription History
Inscription
..... Click the link for more information.
Type Cultural
Criteria ii, iv
Reference 488
Region Europe and North America
Inscription History
Inscription
..... Click the link for more information.
monopoly (from Greek monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service, in other words a firm that has no competitors in its industry.
..... Click the link for more information.
..... Click the link for more information.
As a means of recording the passage of time, the 16th century was that century which lasted from 1501 through 1600.
See also: 16th century in literature
..... Click the link for more information.
See also: 16th century in literature
Events
1500s
- 1500s: Mississippian culture disappears.
..... Click the link for more information.
Sir Isaac Newton
Isaac Newton at 46 in
Godfrey Kneller's 1689 portrait
Born 4 January 1643 [OS: 25 December 1642]
..... Click the link for more information.
Isaac Newton at 46 in
Godfrey Kneller's 1689 portrait
Born 4 January 1643 [OS: 25 December 1642]
..... Click the link for more information.
The Warden of the Mint was in principle the highest ranking officer of the Royal Mint of Great Britain, having oversight over its operations and physical plant by virtue of a royal warrant. The office received a yearly emolument of £500.
..... Click the link for more information.
..... Click the link for more information.
16th century - 17th century - 18th century
1660s 1670s 1680s - 1690s - 1700s 1710s 1720s
1693 1694 1695 - 1696 - 1697 1698 1699
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
1660s 1670s 1680s - 1690s - 1700s 1710s 1720s
1693 1694 1695 - 1696 - 1697 1698 1699
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
Master of the Mint was an important office in the governments of Scotland and England, and latterly Great Britain between the 16th and 19th centuries. The Master was the highest officer in the royal mint. Until 1699, appointment was usually for life.
..... Click the link for more information.
..... Click the link for more information.
8th century - 9th century - 10th century
850s 860s 870s - 880s - 890s 900s 910s
885 886 887 - 888 - 889 890 891
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
850s 860s 870s - 880s - 890s 900s 910s
885 886 887 - 888 - 889 890 891
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
Pound sterling
New £20 Note All frequently used coins
ISO 4217 Code GBP
User(s) United Kingdom, Crown dependencies
Inflation 1.8% (UK CPI, August 2007), 4.1% (UK RPI), 3.4% (Guernsey 2006) 3.7% (Jersey 2006) 3.
..... Click the link for more information.
New £20 Note All frequently used coins
ISO 4217 Code GBP
User(s) United Kingdom, Crown dependencies
Inflation 1.8% (UK CPI, August 2007), 4.1% (UK RPI), 3.4% (Guernsey 2006) 3.7% (Jersey 2006) 3.
..... Click the link for more information.
For other uses, see Gold standard (disambiguation).
The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold...... Click the link for more information.
The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver.
..... Click the link for more information.
..... Click the link for more information.
8th century - 9th century - 10th century
850s 860s 870s - 880s - 890s 900s 910s
885 886 887 - 888 - 889 890 891
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
850s 860s 870s - 880s - 890s 900s 910s
885 886 887 - 888 - 889 890 891
:
Subjects: Archaeology - Architecture -
..... Click the link for more information.
Motto
Liberté, Égalité, Fraternité
"Liberty, Equality, Fraternity"
Anthem
"La Marseillaise"
..... Click the link for more information.
Liberté, Égalité, Fraternité
"Liberty, Equality, Fraternity"
Anthem
"La Marseillaise"
..... Click the link for more information.
Sir Robert Smirke (1781-18 April 1867) was an English architect.
..... Click the link for more information.
Biography
Smirke was the son of portrait painter Robert Smirke, and studied architecture as a pupil of classical architect John Soane in 1796, the same year he commenced his studies at the Royal Academy...... Click the link for more information.
This article is copied from an article on Wikipedia.org - the free encyclopedia created and edited by online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of the wikipedia encyclopedia articles provide accurate and timely information please do not assume the accuracy of any particular article. This article is distributed under the terms of GNU Free Documentation License.
Herod_Archelaus
