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) Royal Mint (Denmark) The Royal Mint of Denmark () is a mint established by the Danish monarchy in the early 16th century, which currently by law is the only company allowed to mint the Danish currency (DKK). The Danish State now owns the company as an entity belonging to the Danish Central Bank. Production of coins in Denmark goes about 1000 years back. For the first 500 years it took place at various towns around the country. The first king to start a production of coins in Copenhagen was King Hans. It is believed that it took place in the