The Royal Mint is the world's leading export mint, making coins and medals for an average of 60 countries every year. However, its first responsibility is to make and distribute United Kingdom coins as well as to supply blanks and official medals.
Coins made by the Royal Mint are highly prized by collectors, who value its high standards and craftsmanship. Its Proof coins are seen as among the best examples of the art of minting. Commemorative coins mark royal occasions, important anniversaries and public events.
Where is the Royal Mint?
Opened by the Queen in 1968 in readiness for the introduction of the decimal coinage, the Royal Mint's headquarters in Llantrisant, South Wales, employs more than 700 people.
Ministry of Defence Police oversee the security of the 35-acre site, which operates round-the-clock for 52 weeks a year. The Royal Mint can produce 90 million coins and blanks a week - almost five billion coins a year.
Who runs the Royal Mint, and what is its strategy?
The Royal Mint is an Executive Agency of the British government.Its Chief Executive is the Deputy Master, who reports to the Master of the Mint. Since 1870 the Chancellor of the Exchequer has held the post of Master of the Mint.
With more than 1,000 years of experience, the Royal Mint is planning for organic growth and sustainable profits.