Royal Mint (Spain)
The Royal Mint of Spain (Spanish: Fábrica Nacional de Moneda y Timbre – Real Casa de la Moneda [National Coinage and Stamp Factory – Royal Mint], abbreviated as FNMT-RCM) is the national mint of Spain.
There were several public and private mints in Spain until Philip V, the first Bourbon King of Spain, decided in the 18th century to make minting coinage a State monopoly.
During the reign of Isabella II there were seven public mints, located in Madrid, Barcelona, Seville, Pamplona, Jubia, Segovia and Manila (in the Philippines), and each one had its own cypher and signs. When the peseta became the national currency in 1869, only the Royal Mint in Madrid was in operation.
In 1893 the Mint (Casa de la Moneda) and the Stamp Factory (Fábrica del Sello), which so far had been two different establishments sharing a building in Plaza de Colón, merged to create the Fábrica Nacional de Moneda y Timbre.
Banknote production for the Bank of Spain began in 1940. A new building came into use in 1964, in which the passport and national identification card were produced. Later, bingo cards and tickets for the state-run lottery were printed.
Two plants, in Madrid and Burgos, are currently operational. Burgos is the location of the paper mill where banknotes are printed.[1] Some of the FNMT-RCM's product lines are ISO 9001 certified.
The FNMT-RCM is nowadays a public corporation, under the Spanish Ministry of Economy and Finance.
See also
- Casa de Moneda de Jubia
- Spanish peseta
- Euro
References
- ↑ "Burgos Paper Mill". Real Casa de la Moneda. Retrieved 27 January 2013.