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) coins took place in a neighbouring building. This lasted until 1749 when it was sold. The Mint Master's House was dismantled in 1943 and put into storage. It has now been rebuilt in the Old Town open-air museum in Aarhus. It was at Borgergade that the practice began of printing a heart on Danish coins. It is unclear whether this symbol originally signified the mint master family or the locality but since the initials CW for Winekes are often found next to it on coins from the time, the latter is assumed to be the case. In 1749, at Nyhavn,