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Summer Olympic Games, the Royal Mint successfully won its bid to manufacture the games' Olympic and Paralympic medals. This building was flanked on both sides by gatehouses behind which another building housed the mint's new machinery. Historically the mint has refined its own metal, however under the advice of an 1848 Royal Commission the process was separated with the independent Royal Mint Refinery being purchased and operated by Anthony de Rothschild in 1852. 6 Control of Britain's mints alternated as different tribes battled over territory. Since then the mint has expanded its business interests by reviving its bullion trade and developing a 9 million visitor centre. This article is about the Royal Mint in the United Kingdom. Retrieved "The Royal Mint Story".
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4, formed over 1,100 years ago, the mint was historically part of a series of mints that became centralised to produce coins for the. Plus, with your cards, you can enjoy 15 OFF! As its sole shareholder the mint pays an annual dividend of 4 million to treasury with the remaining profits being reinvested into the mint. Under the name of Royal Mint Refinery Colonial Expansion edit Royal Mint, Sydney in 1888 As Britain's influence as a world power expanded, with colonies being established abroad, a greater need for currency led to the Royal Mint opening satellite branches of itself overseas. The government started to issue 1 and 10 shilling treasury notes as replacement waving the way for Britan leaving the gold standard in 1931.