Mints of the World - Mint Industry (2024)

Table of Contents
Sovereign Mints Private Mints

There are 70 government‑owned mints around the world as well as 40 privately‑owned mints, producing almost 800 different coin denominations.

The world’s oldest continuously running mint is the Monnaie de Paris in France, which was founded in AD 864 and is the world’s eighth-oldest company. The UK’s Royal Mint is the world’s tenth-oldest company, established in AD 886.

Sovereign Mints

Sovereign Mints are also called Government or National Mints. They produce the legal tender in that country.

Sovereign Mints follow a set of stringent standards that guarantee the weight, purity, and face value of the bullion products they manufacture. Because of this guarantee, sovereign-minted bullion products have a worldwide reputation as a source of high-quality precious metal investments.

Many Sovereign Mints are well-known for their flagship bullion coin series, which issue exciting new releases every year.

Each annual release is highly sought after by investors and collectors alike for their beauty, purity and government-backed face value. These coins typically demand higher prices per ounce compared to private mint rounds due to their popularity in the secondary market and government guarantee.

Private Mints

Privately-owned Mints do not produce bullion for legal tender. Private Mints make products with their own branding or designs, purity and metal content. There are no legal requirements to produce a given amount of precious metals.

Mints of the World - Mint Industry (2024)
Top Articles
Latest Posts
Article information

Author: Prof. Nancy Dach

Last Updated:

Views: 6059

Rating: 4.7 / 5 (77 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Prof. Nancy Dach

Birthday: 1993-08-23

Address: 569 Waelchi Ports, South Blainebury, LA 11589

Phone: +9958996486049

Job: Sales Manager

Hobby: Web surfing, Scuba diving, Mountaineering, Writing, Sailing, Dance, Blacksmithing

Introduction: My name is Prof. Nancy Dach, I am a lively, joyous, courageous, lovely, tender, charming, open person who loves writing and wants to share my knowledge and understanding with you.