Alex Sadler
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,
David Tidmarsh

Tuesday, August 6, 2024

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Mints
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The Royal Mint Reports on Diversification Strategy and Coin Demand

A silver commemorative produced to mark the 75th birthday of King Charles III. This coin was the first of its type in the UK – produced from a blend of silver recovered from medical and industry x-ray films.

A silver commemorative produced to mark the 75th birthday of King Charles III. This coin was the first of its type in the UK – produced from a blend of silver recovered from medical and industry x-ray films.  Credit: The Royal Mint.

The Royal Mint has published its latest annual report for the year ended 31 March 2024, noting total revenue of £1.4 billion – a 28% reduction from the previous year. In its report, the Mint noted that it had experienced challenges during the year, but it also emphasised the continuation of its five-year diversification strategy.