 Kremnica Mint was established in 1328 when Kremnica () was promoted to a free royal town by the Hungarian King Charles Robert of Anjou; the mint issued several kinds of coins early on, of which the most successful was its ducat.Kremnica ducats were well known because of their good quality and were considered the hardest currency in Central Europe.Available historical records report that 21.5 million ducats were minted at the Kremnica Mint throughout its history.