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 Australian Mint now open to the public. In 2014, the Abbott Government announced a scoping study into selling the Royal Australian Mint. Royal Australian Mint The Royal Australian Mint is the sole producer of all of Australia's circulating coins. Opened in 1965 and situated in the Australian federal capital city of Canberra, in the suburb of Deakin, the Mint is also a very popular tourist destination for visitors and locals alike. Before the opening of the Australian mint, Australian coins were struck at branches of the Royal Mint - the Sydney Mint, Melbourne Mint and Perth Mint. The Royal Australian Mint is