The Royal Mint revives The Royal Mint Refinery brand
21 Jan 2015
The Royal Mint is to bring about the return of a world-renowned bullion brand after an absence of 47 years, expanding its bullion range to offer gold and silver minted bars bearing the historic marque of The Royal Mint Refinery. This is the first time since 1968 that customers will have an opportunity of owning newly minted precious metal bars bearing the prestigious ‘RMR’ initials, and the first time ever that they will have been available direct to the public from The Royal Mint.
The Royal Mint Refinery marque dates back to 1852. Operated for more than 100 years by N.M. Rothschild and Sons, it became an established brand with a strong reputation for handling much of the gold and silver bullion sent to London from across the globe for processing under the RMR label. Royal Mint Refinery became a trustworthy name that survived the First and Second World Wars and served an ever evolving bullion market until production ceased in 1968. The Royal Mint Refinery brand has now been revived by The Royal Mint, an organisation with a history stretching back over 1,000 years which today is recognised globally as a secure bullion provider with a reputation for integrity and quality assurance.
Lisa Elward, The Royal Mint’s Head of International Sales and Bullion, said, “The Royal Mint’s reputation as a bullion provider is well respected across the world, so we are thrilled to be able to add minted bars bearing the historic Royal Mint Refinery marque to our bullion range. The combined heritage and integrity of the two brands is an added reassurance to customers looking for a cost effective way of buying gold and silver from a trusted source.”
The Royal Mint Refinery bars, in either 999.9 fine gold or 999 fine silver, are likely to appeal to customers looking for a cost effective way of buying bullion; the gold bars have the added attraction of being VAT free to individuals. UK citizens looking to enhance their Self-Invested Personal Pension (SIPP) or Small Self-Administered Scheme (SSAS) can benefit from up to 45% tax relief on their purchase of gold RMR bars if bought through their pension scheme.