Royal Mint

1 ANSWERS

1. nandinishetye
   

   The Royal Mint of the United Kingdom is the body permitted to manufacture, or mint, coins in the United Kingdom. The Mint originated over 1,100 years ago, but has functioned since 1975 as a 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, being known as the world's leading exporting Mint. Responsibility for the security of the site falls to the Ministry of Defence Police, who provide an armed contingent.
   
   The Royal Mint began to move their operations from Tower Hill, London to Llantrisant, South Wales, in 1968 and has operated on a single site in Llantrisant, since 1980,where they hold an extensive collection of coins dating from the 16th century onwards. The collection is housed in eighty cabinets made by Elizabeth II's cabinet maker, Hugh Swann.
   
   The annual Trial of the Pyx assays coins produced for the UK government for size, weight and chemical composition.

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