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 . The FNMT-RCM is a public corporation, managed by the Spanish
Ministry of Economy, Industry and Competitiveness .
* 1 History
* 2 Royal Mint today
* 3 See also
* 4 References
* 5 External links
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,
Pamplona , Jubia , Segovia
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
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.
ROYAL MINT TODAY
Two plants, in
Burgos , are currently operational. Burgos
is the location of the paper mill where banknotes are printed. Some
of the FNMT-RCM's product lines are
ISO 9001 certified.
On 2 November 2015 Imprenta de Billetes, S.A. (IMBISA) was
incorporated, whose corporate purpose is the production of Euro
banknotes , 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 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
European Central Bank 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.
The mint has a permanent museum exhibition, on the third floor of its
headquarters building, called the Museo Casa de la Moneda .
Casa de Moneda de Jubia
* ^ "
Burgos Paper Mill". Real Casa de la Moneda. Retrieved 27