The Italian Istituto Poligrafico e Zecca dello Stato (trans. State Mint and Polygraphic Institute), founded in 1928, is situated at the Piazza Giuseppe Verdi in Rome. As well as producing coins, passports and postage stamps for Italy, it serves the micro-states of the Vatican City and San Marino as well as the Sovereign Military Order of Malta, widely considered a sovereign subject of international law.
Banknotes are instead produced by Bank of Italy.
In 2002, IPZS became a public limited company (società per azioni or SpA) with the Italian Ministry of Economy and Finance (Ministero dell'Economia e delle Finanze) as sole shareholder.