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 Replies: 13 / Views: 895 |
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Pillar of the Community
United Kingdom
1682 Posts |
This hit the news in the UK. https://www.thisismoney.co.uk/money...0-years.htmlFrom the article: The Mint makes coins for the UK and 28 other countries, at its site in Llantrisant, Wales. The exact list of countries the Mint supplies coins to currently is secret, but has included Australia, Jamaica, Iceland, Thailand, New Zealand and South Africa. The Mint is the UK's oldest company, and first started making overseas coins in 1325, 699 years ago. But from December 2024, The Royal Mint will stop making these overseas coins, and will instead solely focus on making coins for the UK. The falling demand for coins overseas is behind the decision, which affects 200 staff. |
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Pillar of the Community
Australia
9400 Posts |
Ken, I guess you can expect an increase in NIFC coins over there.
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Bedrock of the Community
United Kingdom
17927 Posts |
Quote:
Ken, I guess you can expect an increase in NIFC coins over there. Help! Not even more NIFC!  I'm actually thinking that The Royal Mint can't have been making coins for overseas countries for 700 years! In the 13th and 14th centuries many British coins were made by local or ecclesiastical mints. Even at the height of the British Empire many colonial coins were made by the private Heaton and King's Norton Mints. |
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Pillar of the Community
United States
878 Posts |
Interesting article:
"Instead, the Mint will move into recovering gold used in circuit boards, such as those found in mobile phones and laptops."
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Moderator
 United States
188213 Posts |
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Pillar of the Community
 United Kingdom
1682 Posts |
I really wish that The Royal Mint would reduce the NIFC clad coins. It will be interesting to see what happens in 2025. |
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Pillar of the Community
 United States
4591 Posts |
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Moderator
Australia
16826 Posts |
I'm not exactly sure which "foreign coin" was being struck in London in 1325. Maybe Anglo-Gallic? It's the only "colony" England owned at the time...
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
United States
95801 Posts |
I wonder what and where all these countries will be getting their coins from after 2024...
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Moderator
Australia
16826 Posts |
Quote:
I wonder what and where all these countries will be getting their coins from after 2024... "The lowest bidder", I presume. Having your coins made by The Royal Mint used to mean that your coins were going to be of The Highest Quality. But nobody wants Quality coins any more, they want cheap coins, because coins are no longer used to do anything except provide inconvenient small change. So whoever can promise to make coins, to specifications, for the lowest price wins the contract. I think this announcement from The Royal Mint is really just their admitting that they can't compete any more with the likes of the RCM, South Africa, Poland etc. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Valued Member
United Kingdom
383 Posts |
Sap, I've got a horrible feeling that you're right. It looks like the start of the end of an era. It would take a major major catastrophe to disable the world's electronic banking system and that would have to be at such a scale that civilisation itself would be threatened. Sad...
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Valued Member
United States
136 Posts |
Sap the coins they were referring to at the start were the coins made for Edward II to send to Bordeaux because he owned the Duchy of Gascony in the southwest. Technically it was still English territory as it was a personal possession of the king but the French disputed this also so I guess it does sort of qualify.
Regardless its so sad to see this ending :(
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Moderator
United States
95801 Posts |
@manosgerms: I just re-read that article above and did not see any reference to Edward II.. Can you post up a quote about that please?
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Valued Member
United States
136 Posts |
@Dearborn Certainly no problem. It's on its page "A global presence" "However, since early on in its history The Royal Mint has used its skills to provide coins for circulation overseas. The first recorded instance came as long ago as 1325 when, during the reign of Edward II, coins were shipped to Bordeaux for use in the king's territories in south-west France." Link below: https://www.royalmint.com/the-royal...al-presence/I was looking at it because they mint the Cyprus 50 cent piece which has the old ancient Cypriot script similar to linear B (and strangely actually very similar to ancient Chinese writing) and that page happened to included that coin. I wonder where Cypriot coins will be minted now? I'm originally from Cyprus which is why I am interested in this btw. |
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Replies: 13 / Views: 895 |
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Posted 04/14/2024 08:31 am
