The Royal Mint of Spain ( es, Fábrica Nacional de Moneda y Timbre – Real Casa de la Moneda, lit=National Coinage and Stamp Factory – Royal Mint, FNMT-RCM) is the national mint of

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = '' Plus ultra'' ( Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , ...

. The FNMT-RCM is a public corporation that is attached to the Ministry of Economy.

History

There were several public and private mints in Spain until

Philip V Philip V may refer to: * Philip V of Macedon (221–179 BC) * Philip V of France (1293–1322) * Philip II of Spain Philip II) in Spain, while in Portugal and his Italian kingdoms he ruled as Philip I ( pt, Filipe I). (21 May 152713 September ...

, the first Bourbon King of Spain, decided in the 18th century to make minting coinage a State monopoly. During the reign of

Isabella II Isabella II ( es, Isabel II; 10 October 1830 – 9 April 1904), was Queen of Spain from 29 September 1833 until 30 September 1868. Shortly before her birth, the King Ferdinand VII of Spain issued a Pragmatic Sanction to ensure the success ...

there were seven public mints, located in

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), an ...

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, Jubia,

Segovia Segovia ( , , ) is a city in the autonomous community of Castile and León, Spain. It is the capital and most populated municipality of the Province of Segovia. Segovia is in the Inner Plateau ('' Meseta central''), near the northern slopes o ...

and

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(in the

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), 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 The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority fo ...

began in 1940. A new building came into use in 1964, in which the

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and national identification card were produced. Later,

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cards and tickets for the state-run

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were printed.

Royal Mint today

Two plants, in Madrid and

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, are currently operational. Burgos is the location of the paper mill where banknotes are printed. Some of the FNMT-RCM's product lines are

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certified. On 2 November 2015 Imprenta de Billetes, S.A. (IMBISA) was incorporated, whose corporate purpose is the production of

Euro banknotes Banknotes of the euro, the common currency of the Eurozone (euro area members), have been in circulation since the first series (also called ''ES1'') was issued in 2002. They are issued by the national central banks of the Eurosystem or the Eur ...

, following its official inscription in the Spanish Companies' Registry. The company, which has capital totalling €50 million, is 80%-owned by the

Banco de España The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority fo ...

and 20%-owned by FNMT-RCM (the Spanish Royal Mint), which may maintain this stake until 31 December 2017. The company was created in response to the need to adapt to the legal framework for euro banknote production. This follows the approval by the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centra ...

on 13 November 2014 of a new guideline that solely permits two alternatives for producing the national quota of euro banknotes: doing so at a printing works owned by the issuing central bank, or through a competitive tender aimed at external printers. The Spanish authorities chose the first option. Law 36/2014, of 26 December 2014, on the 2015 State Budget amended the Law of Autonomy of the Banco de España so that the central bank could entrust its euro banknote production quota to a commercial law firm in which it held a majority stake.

Museums

The mint has a permanent museum exhibition, on the third floor of its headquarters building, called the Museo Casa de la Moneda. The historic mint in Segovia also houses a

museum A museum ( ; plural museums or, rarely, musea) is a building or institution that cares for and displays a collection of artifacts and other objects of artistic, cultural, historical History (derived ) is the systematic study and th ...

In popular culture

The mint is the focus of the Spanish television series '' Money Heist (La casa de papel)'', although the exterior of the Mint building in the series is that of the building of the

Spanish National Research Council The Spanish National Research Council ( es, Consejo Superior de Investigaciones Científicas, CSIC) is the largest public institution dedicated to research in Spain and the third largest in Europe. Its main objective is to develop and promote res ...

References

External links

Royal Mint of Spain, in English
{{DEFAULTSORT:Royal Mint Spain 1893 establishments in Spain