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,
London Mint Office London Mint Office The London Mint Office is a British-based mail order company with headquarters in Camberwell, London that specialises in sourcing and producing commemorative coins, medals and banknotes. Established in 2006, The London Mint Office is part of the Samlerhuset Group., one of Europe’s largest coin and medal companies, founded in 1994 and operating in 14 European countries. The London Mint Office is an official UK distributor for a number of international mints including the South African Mint and the Royal Canadian Mint, and has been an approved member of the Direct Marketing Association (DMA) since 2009. The company’s