Royal Mint plant for striking. This first phase of the mint was officially opened on 17 December 1968 by the royal attendance of Queen Elizabeth II, Prince Philip and their son Prince Charles. Originally there were fears that the Royal family would face protests because of the Investiture of Prince Charles as the Prince of Wales; however, such protests failed to materialise. The second phase of construction began in 1973 and included the addition of a means to mint coins from virgin metals completing the full minting process. Upon completion the final cost for the land, buildings and plant came to £8
Royal Mint Gold Royal Mint Gold Royal Mint Gold is a digital gold currency and a cryptocurrency backed by gold reserves in the UK Royal Mint. The Royal Mint began testing blockchain transactions in April 2017. The first test transaction was in August 2017. The rollout was originally scheduled to occur by the end of 2017. US-based CME Group (Chicago Mercantile Exchange) is administering the trading. "The Daily Telegraph" said it "appears somewhat similar to an exchange-traded fund such as ETF Securities Physical Gold". The blockchain used is the Prova open-source distributed ledger. A proof-of-stake algorithm demonstrates ownership of the physical gold. BitGo