Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 17, 2018

U.K. Coinmaker With Gruesome Tradition Finally Has a Female Boss

(Bloomberg) -- The Royal Mint, the government-owned maker of the U.K.'s coins, appointed Anne Jessopp as its first female leader in its 1,100-year history -- and in doing so put the spotlight on a rather grisly ritual.

As chief executive, Jessopp, will oversee the introduction of a new 50-pence coin, though her first ceremonial duty is the annual Trial of the Pyx, which first held in 1282 and hasn't changed since before the reign of King Henry VIII.

At Goldsmith's Hall in London, the weight, size and quality of coins produced by the mint will be tested by a jury dressed in red. If the coins fail, the Chancellor of the Exchequer -- the ceremonial Master of the Mint and Jessopp's new boss -- risks losing a hand as punishment.

But thankfully for Philip Hammond, the current Chancellor, the Royal Mint said the bloody fate that befell 94 Minters hasn't happened for hundreds of years.

To contact the reporter on this story: Joe Easton in London at jeaston7@bloomberg.net.

To contact the editors responsible for this story: Simon Lee at slee936@bloomberg.net, Flavia Krause-Jackson at fjackson@bloomberg.net, Stuart Biggs

©2018 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search