HOME
The Info List - Fábrica Nacional De Moneda Y Timbre



--- Advertisement ---


(i)

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
Spain
. The FNMT-RCM is a public corporation, managed by the Spanish Ministry of Economy, Industry and Competitiveness .

CONTENTS

* 1 History * 2 Royal Mint today * 3 See also * 4 References * 5 External links

HISTORY

There were several public and private mints in Spain
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
Madrid
, Barcelona
Barcelona
, Seville
Seville
, Pamplona
Pamplona
, Jubia , Segovia and Manila
Manila
(in the Philippines
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
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
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 Madrid
Madrid
and Burgos
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 .

SEE ALSO

* Casa de Moneda de Jubia * Spanish peseta * Euro
Euro

REFERENCES

* ^ " Burgos
Burgos
Paper Mill". Real Casa de la Moneda. Retrieved 27 January 2013.