Keep Royal Mint profit in the public purse
Over a thousand years of craftsmanship have created the coins you find today in your purse or wallet. The London Mint first became a single institution in 886. Sir Isaac Newton took up the post of Warden of the Mint, responsible for investigating cases of counterfeiting, in 1696.
The Royal Mint aims to be recognised as the world's best mint and to keep reducing costs by making production more efficient and cutting out waste. It is the leading export mint with around 15% of the worldwide market.
- The Royal Mint makes £5.7 million profit a year for the public purse
- It is 1,129 years old
- The Royal Mint produces almost five billion coins a year
- It makes coins and medals for over 60 other countries as well as the UK
The Royal Mint is currently a government owned company. It was first threatened with privatisation in 2009 when Alistair Darling (then the Chancellor of the Exchequer) began planning to sell it off.
George Osborne plans to sell off £31 billion of public assets this year in the largest privatisation ever. His plans don't include the Royal Mint at the moment - let's make sure they never do. Sign the National Treasures petition to keep the Royal Mint public.
Photo used under Creative Commons licensing, thanks to Karen Roe https://www.flickr.com/photos/karen_roe/