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No more mint

In a story discussing whether the 1,100-year-old and financially troubled Royal Mint should close, The London Financial Times quotes UGA economics professor George Selgin. The state-owned mint is “too costly to be kept going just for old time’s sake,” he said. “If Europe has no need for a monopolistic mint but can look to all the mints of world as potential suppliers of coin, why can’t Great Britain do the same?”

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