Private limited company | |
Industry | Precious metals production |
Founded | 1965 |
Founder | Derek Pobjoy |
Headquarters | Surrey, Tadworth, United Kingdom |
Area served
|
Worldwide |
Products | Non-circulating legal tender commemorative coins, circulating coinage, medals and medallions, tokens |
Website | Pobjoy Mint |
British Pobjoy Mint is a private-sector mint located in Surrey, England which produces commemorative coins, medal, tokens and bullion. The mint also manufacturers circulating currency for some British Overseas Territories and sovereign countries including Sierra Leone and Vanuatu.
The mint was founded in 1965 by Derek Pobjoy who purchased a coin press after leaving his father Ernest Pobjoy's jewellery and masonry business to set up a mint. Upon the death of Winston Churchhill in the same year the small mint produced a series of gold medals to commemorate coins.
Since 1974, the mint has become involved in the production and international sale of new-issue postage stamps and currently exclusively coordinates the coin and stamp programmes of seven countries (Ascension Island, Bahamas, British Antarctic Territory, British Virgin Islands, Falkland Islands, South Georgia and South Sandwich Islands and Tristan da Cunha).
As manufacturers of gold chains, gilt and enamel badges and escutcheons, regalia and insignia of all kinds, the Pobjoy Mint has been contractor to the British Crown Agents and various London jewellers, for whom it has executed commissions involving precious metals and gemstones of all kinds.
In the 1970s, the company developed a new metal alloy similar to German Silver known as Virenium which consisted of 81% Copper, 10% Zinc and 9% Nickel. This alloy has been used in non-circulating commemoratives since 1978.
The company also created the Manx noble, a bullion coin containing one Troy ounce of pure platinum. The mint's gold angel coin is quoted daily by the Financial Times and Reuters. In 1999, Pobjoy Mint issued the world's first titanium coin, the 1999 Gibraltar Millennium £5 coin