27 Jan 2015
The Royal Mint has revealed when the fifth coinage portrait of Her Majesty The Queen will be unveiled
The cost of producing United Kingdom coins varies according to the specification of each denomination. The value of metal in each coin accounts for a large part of the total cost, but it is also necessary to take into consideration the broader costs of the manufacturing process. These vary according to the complexity of the coin.
The Royal Mint does not reveal exactly how much it costs to make specific coins as such information could be used to its competitors' advantage.