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Encyclopedia > Royal Mint

The Royal Mint is the body permitted to manufacture, or mint, coins in the United Kingdom. A mint is a facility which manufactures coins for currency. ...


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. It 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. An Executive Agency is a British public institution that carries out some part of the executive functions of the United Kingdom government, Scottish Executive, Welsh Assembly and Northern Ireland Executive. ... A Medal can mean three things: a wearable medal awarded by a government for services to a country (such as Armed force service); strictly speaking this only refers to a medal of coin-like appearance, but informally the word also refers to an Order (decoration); a table medal awarded by... External links Business Articles growFolio - Online Business Magazine for Fresh Thinkers Yahoo! Finance Aggregates some really good business articles worthbusiness Updated news and articles about business industry Categories: | | | ...


The mint operates on a single site in Llantrisant, South Wales. Llantrisant is a town in the county borough of Rhondda Cynon Taff, traditional county of Glamorgan, south Wales, lying on the River Ely and the River Clun. ... National motto: Cymru am byth (Welsh: Wales for ever) Waless location within the UK Official languages English, Welsh Capital Cardiff Largest city Cardiff First Minister Rhodri Morgan Area  - Total Ranked 3rd UK 20,779 km² Population  - Total (2001)  - Density Ranked 3rd UK 2,903,085 140/km² NUTS 1...


The annual Trial of the Pyx checks coins produced for the UK government for size, weight and chemical composition. The Trial of the Pyx is the procedure in the United Kingdom for ensuring that newly-minted coins conform to required standards. ...

Contents


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 about 1279 it had moved to the Tower of London, and it finally achieved a monopoly in the 16th century. Events The Glagolitic alphabet, devised by Cyril and Methodius, missionairies from Constantinople, is adopted in the Bulgarian Empire. ... Alfred (849? – 26 October 899) or Ælfred was king of the southern Anglo-Saxon kingdom of Wessex from 871 to 899. ... For broader historical context, see 1270s and 13th century. ... The Tower of London, seen from the river, with a view of the water gate called Traitors Gate. ... In economics, a monopoly (from the Greek monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a kind of product or service. ... (15th century - 16th century - 17th century - more centuries) As a means of recording the passage of time, the 16th century was that century which lasted from 1501 to 1600. ...


Isaac Newton, who took up the post of Warden of the Mint in 1696, became perhaps the best-known Master of the Royal Mint. He unofficially moved the Pound Sterling to the gold standard from silver in 1717. In 1811 the mint moved out of the Tower to a new factory on Tower Hill, and in 1967 the building of a new mint began in its current site in Llantrisant. Sir Isaac Newton, PRS (4 January [O.S. 25 December 1642] 1643 – 31 March [O.S. 20 March] 1727) was an English physicist, mathematician, astronomer, alchemist, and natural philosopher who is regarded by many as the most influential scientist in history. ... ... The year 1696 had the earliest equinoxes and solstices for 400 years in the Gregorian calendar, because this year is a leap year and the Gregorian calendar would have behaved like the Julian calendar since March 1500 had it have been in use that long. ... Master of the Mint was an important office in the British government between the 16th and 19th centuries. ... The pound sterling is the official currency of the United Kingdom (UK). ... 1922 U.S. gold certificate The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold and currency issuers guarantee, under specified rules, to redeem notes in that amount of gold. ... The silver standard is a monetary system in which the standard economic unit of account is a fixed weight of silver. ... // Events January 4 — The Netherlands, Britain & France sign Triple Alliance February 26-March 6 What is now the northeastern United States was paralyzed by a series of blizzards that buried the region. ... 1811 was a common year starting on Tuesday (see link for calendar). ... 1967 (MCMLXVII) was a common year starting on Sunday of the Gregorian calendar. ...


References

  • British Royal Mint
  • Chard website

See also

This article concerns British coinage, the coinage of the United Kingdom. ... British banknotes are the banknotes of the United Kingdom and British Islands, denominated in pounds sterling (GBP). ... The pound sterling is the official currency of the United Kingdom (UK). ... Mints are organisations that mint coins or print banknotes. ...

External links


  Results from FactBites:
 
Royal Canadian Mint - Wikipedia, the free encyclopedia (1181 words)
Among the Mint's technical innovations was the world's first coloured circulation coin, the 2004 Remembrance Day 25 cents piece, with a red poppy on the reverse.
Every coin produced that year featured a creature that is native to Canada—a rock dove on the 1 cent, a rabbit on the 5 cents, a mackerel on the 10 cents, a bobcat on the 25 cents, a howling wolf on the 50 cents, and a Canada goose on the dollar.
In 1973, the usual 25 cents coin reverse was replaced with a Royal Canadian Mounted Police officer astride a horse, to celebrate the centennial of the North West Mounted Police.
  More results at FactBites »


 

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