Monday 30 January, 2017
The Prime Warden Visits the Royal Mint
The Prime Warden of the Goldsmiths' Company, Michael Wainwright, visited the Royal Mint last Friday in advance of this year's Trial of the Pyx at Goldsmiths' Hall.
Michael was accompanied by his wife Annie and the Chief Executive and Clerk of the Goldsmiths' Company, Sir David Reddaway.
The Royal Mint's headquarters in Llantrisant, South Wales, employs more than 900 people and can produce 90 million coins a week, almost five billion coins a year.
At this year's Trial of the Pyx, opening 31 January at Goldsmiths' Hall, approximately 35,000 coins produced by the Royal Mint in 2016 will be counted and scrutinised by the jury. The Trial of the Pyx fulfils a requirement imposed by an Act of Parliament (Coinage Act 1971) to conduct an examination by jury to ascertain that the coins produced by the Royal Mint are of the correct weight, size and composition.
Among the most remarkable items to appear at this year’s Trial will be a one kilo gold coin to celebrate Her Majesty The Queen’s 90th birthday and a 1 kilo Lunar Year of the Monkey gold coin. Another important coin is the new 12-sided £1 coin, which will enter circulation in March. Read more about this year's Trial of the Pyx.
The annual Trial of the Pyx has taken place at the Hall of the Worshipful Company of Goldsmiths since 1871. The Trial of the Pyx dates back to the 12th century, making it one of the longest established judicial procedures in the country. Read more on its history here.