During the years in which Henry IV, king of Castile and Leon, was waging war against his half-brother Alfonso el Inocente for the Castilian crown, the monarch promulgated a Royal Decree, dated December 2 of 1467, in which he ordered the creation of 150 mints with the capacity to mint coins, including one located in the town of Madrid, with Fernando de Pareja as the Major Treasurer. That mint did not last long, since the King himself revoked his order in 1473, ceasing the production of currency in the village, as in many of the 150 villages to which he granted that privilege. The place where that early mint was installed, whose mark was the M crowned that still identifies the coins minted in Madrid, is unknown, although it is more likely to be located within the small walled enclosure of the town.
Centuries later Philip II installed the court in Madrid, making the decision to install a mint in the village. To do this, he tested a mill system near Manzanares river, but its low flow level did not have strength enough to move the hydraulic motors that would coin the coins. After this failure, Felipe II chose to take the mill mint to Segovia, entrusting Juan de Herrera with the construction of the Real Ingenio, next to Eresma river. The sovereign did not give up, trying it again in 1591. This time with a system called "Scissors Invention", invented by Miguel de la Cerda: After an investment of more than 100,000 maravedíes, the new system also ended up being a failure. That experimental mint was installed in the house of the Italian sculptor and goldsmith Giacomo de Trezzo, known as Jacometrezo, who died in 1589. The reasons why the wise king chose that building are clear. On the one hand, it had a workshop suitable for use as a mint, given the trade of its former tenant. On the other hand, the house was owned by the king, so he could dispose of it at will.
In 1611, minting tests were carried out at Jacometrezo's house. Diego de Astor Diego, a carver from the Segovia sugar mill, maintained that it was possible to hammer the most perfect and round coins with the rim that would prevent people from cutting pieces of the coin. Francisco Bautista Veintín and a foreman from the Seville Mint, Francisco Hernández de Torregrosa, considered that there were many difficulties in carving the coins that perfectly round and with fence. About 600 silver marks were carved during the test. It was finally concluded that the main cause of the imperfect coin was the speed with which it was intended to make.
Madrid would not have its definitive mint until the seventeenth century. On February 18,1614, Philip III granted the privilege of making coin to Cristóbal Gómez de Sandoval y de la Cerda, Duke of Uceda and son of the almighty valid of the monarch, the Duke of Lerma. The aristocrat acquired the position of Treasurer Major, with hereditary character. To locate the new services, an existing building was used in Segovia Street, acquired from the Congregation of Plateros de San Eloy, then known as Segovian Bridge Street, a few meters away from the famous Casa del Pastor, in which the workshops were installed, where it would be hammered. On April 3,1615 the new Madrid Mint was put into operation, with the minting of coins with 2 gold escudos and 4 reals of silver. Meanwhile, the Duke of Uceda himself ordered the construction of a second building to house the administrative offices.
In May 1662, when Philip IV reigned, the silver mills were built, installed in the vicinity of the Puerta de Alcalá, where a total of twelve mills were working. Vellon coins were minted with a silver and copper alloy. This new facility, created for the purpose of fighting against the the high number of counterfeit coins in circulation, had a very short life, ceasing its activity on 15 October 1664, and it was subsequently dismantled.
As two mint houses coincided in Madrid during the reign of Philip IV, each one had its own brand of mint. The one in Puente Segoviana street marked with the letters M and D linked and the one in Puerta de Alcalá with an M alone.
At the beginning of the 18th century, several state mints or mint houses coexisted with other private ones. With the advent of the Bourbon dynasty, which carried out important reforms, the Mint of Madrid passed into the hands of the King in 1718. Philip V abolished the private ones and subjected the state ones - Madrid, Barcelona, Seville, Pamplona, Segovia, Jubia, and even Manila, in the Philippines - to a regime of total dependence.
In the 18th century, the Mint of Madrid experienced a period of splendour that reached its peak during the reign of Charles III with the figure of Tomás Francisco Prieto, General Engraver of the Mint Houses of His Majesty the King and founder of the Engraving School, where the artists who, later on, exercised their profession in the different Mint Houses of Spain and Indies. At that time, an attempt was made to move the Madrid mint to some houses, owned by the Count of Oropesa, in Santo Domingo Square.
During the War of Independence (between 1808 and 1814), the mint was forced to suspend its activities, moving monetary production to Cadiz, returning to its headquarters in Madrid at the end of the war. Years later, in 1823, the entry of the One Hundred Thousand Sons of St. Louis led to another brief exile in Cádiz.
Over the years the coin house on Segovia Street had become a neglected and almost dilapidated building. Since 1833, proposals for the construction of a new industrial building begin emerging. When they had to incorporate the first press called Thonnelier, a rather large, very modern and necessary machine, they saw that it didn't fit in those facilities, so they had to find a more suitable location.
The new Mint of Madrid began in 1856 being the director of the works Francisco Jareño. Located in the current Plaza de Colón, it was shared from the beginning with the Stamp Factory, whose origins must be sought around 1636, when Philip IV created a new tax with the obligation to draw up contracts and deeds in sealed sheets of paper that guaranteed their authenticity. The building was inaugurated in 1861 by Isabel II. On February 17,1861 they moved to the new building. In 1868, after the introduction of the peseta as a legal tender, the manufacture of money was centralized in this building, ceasing its activity the rest of Spanish mints.
Both institutions, Mint and Stamp Factory, were independent until 1893, when the Queen Regent, María Cristina, merged them under the denomination of Fábrica Nacional de Moneda y Timbre. The new institution assumes the responsibilities of its predecessors and, since then, has been performing a relevant service to Spanish society. Thanks to the synergies generated with the union, all the challenges it has faced throughout its history have been successfully completed.
Due to the difficulties in the supply of banknotes caused by the Second World War in 1940, the Government authorized FNMT to print banknotes and, in 1941, gave FNMT preference over other domestic or foreign printers in the production of banknotes. The first issuance leaving their workshops is dated October 21,1940. In order to completely resolve the dependency on foreign suppliers, it was decided to create a security paper mill in Burgos, whose construction works began in 1944 and the first watermarked paper strip was manufactured in 1952.
The Columbus Mint was an institution. But progress also meant that one day would the building would be small and old-fashioned. The acquisition of new skills and the obsolescence of the facilities made it advisable to move to a new building.
The current mint, whose construction lasted for two decades due to different difficulties, is the new Real Casa de la Moneda (National Mint and Stamp), located in Madrid at Jorge Juan street, number 106. In 1963, the building was fully finished and inaugurated on July 11,1964.
The new facilities and the prestige of the institution allowed him to be entrusted with new tasks such as the Passport and ID card. In addition, other ranges of work are developed such as state games: National Lottery, Betting Tickets and Bingo.
Spain's greater presence in different international structures, especially its accession to the European Economic Community in 1986, opens a period in which documents such as passports, driving licences and, later on, transport tachographs must be adapted to the requirements of the European authority. Work in which FNMT, in collaboration with the corresponding organizations, has played and continues to play an important role.
In 1987, in order to immortalize the events that were approaching in 1992 - Barcelona Olympics, the Fifth Centenary of the Discovery of America and the Universal Exhibition of Seville - the Special Acunations workshop was created, which in its 27 years of existence has manufactured more than 400 different coins grouped in more than 100 collections, which have immortalized the most relevant events.
But FNMT's initiatives are not limited to its traditional products, its capacity for innovation and vision of the future make it a pioneer in products linked to new technologies. In 1991 it began manufacturing chip cards, a product with an extremely wide range of applications. In the middle of that decade, aware of the rapid development of the Internet and its potential as a means of dealing with public administrations, the need for these transactions to be carried out electronically, so that they have the same legal validity as paper documents, must have the same guarantees as these, that is, they must be carried out with maximum security. This is the beginning of the Spanish Electronic Certification Project (CERES), which in May 1996 was completed the Feasibility Study and, in 1999, the State Agency of Tax Administration allowed for the first time the use of electronic certification in the income campaign.
The euro was a major challenge, as well as making significant investments and adapting existing technology to the characteristics of the new coins and banknotes, a large volume of production had to be faced and the two currencies - pesetas and euros - had to be manufactured simultaneously for some time. It was also a logistical and security challenge. First with the distribution of the new currency - banknotes and coins - and then with the reverse withdrawal operation of the old banknotes and coins which started on 1 January 2002.