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,
Warden of the Mint Sir Walter James, 1st Baronet in 1829 the office was abolished having existed for 613 years. Warden of the Mint Warden of the Mint was a high-ranking position at the Royal Mint in England from 1216–1829. The warden was responsible for a variety of minting procedures and acted as the immediate representative of the current monarch inside the mint. The role of warden changed greatly through history with the original task being the receiving, assay and payment for bullion, while later evolving into more of an administerial role. The office received a yearly emolument of £500 and up until 1685