mint

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Mint

A place where coins are manufactured. In general, the coins produced at a government-sponsored mint are legal tender, though private minted coins may have an intrinsic value due to their metal content. Before fiat money became common, many paper notes were exchangeable for a minted coin containing some specified level of gold or silver.

mint

the organization that has the exclusive right to manufacture and issue BANK NOTES and COINS on the instructions of a government's monetary authorities. In the UK this function is performed by the Royal Mint, part of the BANK OF ENGLAND.
References in periodicals archive ?
In addition to the circulation coin, the Royal Canadian Mint is proud to announce that it has minted a 2004 Special Edition Proof Silver Dollar The Poppy.
He also says that the Royal Mint has an unhealthy monopoly on the production of the blanks from which British currency is minted.
During a period of some thirty years spanning the late sixteenth and early seventeenth centuries, the mint had essentially been in the hands of a single man, Richard Martin, whose responsibilities covered the entire process of making, checking, and accounting for the coin produced, including appointing a jury of experienced goldsmiths to assay newly minted coins.
Only 30,000 of each medal will be made, minted from proof-quality coining dies, struck in solid brass and richly coated in 24-karat gold.