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Polish State Mint - Mennica Panstwowa S.A. | |||||||||||||||||||
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Mints Index by Country
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Description In 1764 the Convocational Diet, electing Stanislaus Augustus the King of Poland, saddled him with the duty to reorganize the monetary system and to establish the new Mint. The local mints were closed for 80 years and there was not any good local currency in the circulation. On the 10th February, 1766 the mint reform was effected in Poland, the new mint organized in Warsaw at Bielanska Street coined the gold, silver and copper pieces, as well as the medals and orders. In 1791, as the mint mark, the letters M. - V. and M. - W. were introduced. The letters M. - W., as the trade mark of the Warsaw Mint, were used also later in 19th century. As they became again the trade mark of the Mint in 1965. In 1796, after the 3rd partition of Poland, the Mint was closed down. It received the new statutes in 1810 and restarted its activity for a short period for the needs of the Grand Duchy of Warsaw. On the 1st April 1994 the State Mint was transformed into the Company of the public purse and on the 6th February 1998 the Stock and Exchange Committee admitted the State Mint's stocks to turnover. Since the 7th April 1998 the State Mint Plc in Warsaw is quoted on the stock market. To-day's Mint is the picture of modern production plant being engaged in strictly minting production of coins, medals, decorations, seals, date markers, while one of its subsidiary companies ?Mennica-Metale Szlachetne? has focused on precious metal processing (gold, platinum, palladium, iridium, rhodium) for the needs of optics and electronics, on the production of gold and platinum paints for glass and porcelain decoration, of half-finished products for jeweller's trade and of laboratory equipment, on recovering of precious metals from scraps, on production of precious metal powers for electronic industry and gold powder for polychromy. Since 1989 the Mint has the licence for economic activity on the field of precious metal processing and trading, as well as it is entitled for domestic and foreign trade. | ||||||||||||||||||
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This page is part of the "Mints of the World" website, created to provide a list of world mints together with brief contact and other general information about them for coin collectors, dealers, numismatists. | |||||||||||||||||||