Royal Mint was historically part of a series of mints that became centralised to produce coins for the Kingdom of England, all of Great Britain and eventually most of the British Empire. The original London mint from which the Royal Mint is the successor, was established in 886 AD and operated within the Tower of London for approximately 800 years before moving to what is now called Royal Mint Court where it remained until the 1960s. As Britain followed the rest of the world in decimalising its currency, the Mint moved from London to a new plant in Llantrisant, Wales where it
Royal Mint to be outsourced to another external agency thereby removing the refining process from the mint's responsibilities. The opportunity to handle in Mint's refinery was taken up by Anthony de Rothschild, a descendant of the Rothschild family and heir to the multinational investment banking company N M Rothschild & Sons. Rothschild secured a lease from the government in January 1852, purchasing equipment and a premise adjacent to the Royal Mint on 19 Royal Mint Street under the name of "Royal Mint Refinery". As Britain's influence as a world power expanded, with colonies being established abroad, a greater need for currency led