Wales so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971,
Royal Mint (Denmark) Denmark, but they have been withdrawn. Now, the coin with the lowest denomination in circulation is the 50 øre coin. The rest of the circulating coins have denominations of 1, 2, 5, 10 and 20 krone. The Royal Mint of Denmark has also minted commemorative coins in gold in silver. In 1975 the Danish government placed the Royal Mint under the control of the Danish Central Bank, and in 1978 the mint moved to a location on Solmarksvej in Brøndby. In March 2012 the offices of the mint were again relocated to Copenhagen, to the Danish Central Bank building on