How do the Royal Mint introduce new coins?

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How do the Royal Mint introduce new coins?

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2 Answers

Anonymous 0 Comments

They design them, then they mint them, then they sell them to banks and in their online shop. They also offer a wonderful tour of their coin-making facilities, it’s a fascinating factory of high speed machines making high precision coins that are remarkably low cost.

Anonymous 0 Comments

Like new denominations or new mints of the same coin? Either way, it’s through banks. The new coins or notes get taken to banks. When people take money out or shopkeepers change money to get coins for their tills, the bank gives some of the new coins. Then, people buy stuff, get change, and the coins spread from there.