Recently Expired Royal Mint Coupons
The Royal Mint is a government-owned mint that produces coins for the United Kingdom. Operating under the name Royal Mint Ltd, the mint is a limited company that is wholly owned by Her Majesty’s Treasury and is under an exclusive contract to supply all the nation’s coinage. As well as minting circulating coins for use domestically and internationally, the mint also produces planchets, commemorative coins, various types of medals and precious metal bullion. The mint exports to an average of 60 countries a year, making up 70% of its total sales. Formed over 1,100 years ago, the mint 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 takes heritage was established in 886 AD and operated within the Tower of London for approximately 800 years before moving to the now named 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 38 acres (15 ha) plant in Llantrisant, Wales where it has remained since.
Throughout its history, the mint has been in danger multiple times of being privatised, most recently in 2015 when the Chancellor of the Exchequer announced plans for a £20 billion privatisation drive to raise funds whereby the mint would be sold. Despite this, in recent years, the Mint made a record profit of £11 million in 2016 and expanded and diversified its operations. Today, as well as a minting facility, the site in Wales includes the Royal Mint Museum, and a £9 million visitor centre.