when did the royal mint move to wales
1968 the 1960s. 17 December 1968 the 1960s
title: Royal Mint text: was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain and eventually most of the British Empire. The original London mint from which the Royal Mint is the successor, was established in 886 AD and operated within the Tower of London for approximately 800 years before moving to what is now called Royal Mint Court where it remained until the 1960s. As Britain followed the rest of the world in decimalising its currency, the Mint moved from London to a new plant in Llantrisant, Wales where it title: Royal Mint text: of the public in the form of bars or coins. Historically the mint has refined its own metal, however under the advice of an 1848 Royal Commission the process was separated with the independent "Royal Mint Refinery" being purchased and operated by Anthony de Rothschild in 1852. The Rothschild family continued the refinery's management until it was sold to Engelhard in 1967, a year later the Royal Mint relocated to Wales and ceased their bullion bar interests until reviving the brand in 2015. Bullion bars produced by the mint are stamped with the original Royal Mint Refinery emblem and come title: Royal Mint text: be faced with a heavy workload. Lack of space at the mint and with Decimal Day looming it became apparent that the mint needed to again relocate to a larger site. With a degree of urgency plans were made in April 1967 for a new site to be built outside of London, although over twenty sites were considered the small Welsh town of Llantrisant located north-west of Cardiff was chosen Up until now improvements at the Tower Hill mint had cost £800,000. Work on the new mint began in August 1967 with the construction of a blank treatment plant and title: Wales text: so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971, title: Royal Mint text: million. Coin minting 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. In an attempt to consolidate all previous coin-related acts, the "Coinage Act of 1971" was passed, which among other things effectively abolished the individual role of Master of the Mint. Under this act, the Chancellor of the Exchequer took over the role, with a Deputy Master being appointed by the Treasury to exercise all the powers and duties of the Master within the mint. After moving to Wales, the mint