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,
Melbourne Mint 1968 and two cent coins in 1966. From 1969 all coin production moved to the Royal Australian Mint in Canberra, and the building housing the coin minting equipment was demolished shortly afterwards. The remaining administrative building is now the home of the Royal Historical Society of Victoria, and has been leased to the private sector since 2001. The former Royal Mint is located on the corner of William and La Trobe Streets (280-318 William Street and 387-429 La Trobe Street) and is of architectural significance as one of the most impressive 19th century government buildings in Victoria, and one of