Warden of the Mint Master of the Mint whose jobs was act as a contractor to the crown many wardens advanced later on to become Master of the Mint with some wardens holding both offices at the same time. The most illustrious holder of the office of Warden of the Mint was Isaac Newton, who was warranted to this position on the recommendation of his friend, Montagu, Chancellor of the Exchequer in 1698. In 1699 however, Newton undertook the office of Master of the Mint, which was far more lucrative, as well as potentially more technically challenging. After the death of the final warden
Royal Mint million. Coin minting and production gradually shifted to the new site over the next seven years until the last coin, a gold sovereign, was struck in London in November 1975. In an attempt to consolidate all previous coin-related acts, the "Coinage Act of 1971" was passed, which among other things effectively abolished the individual role of Master of the Mint. Under this act, the Chancellor of the Exchequer took over the role, with a Deputy Master being appointed by the Treasury to exercise all the powers and duties of the Master within the mint. After moving to Wales, the mint