The Royal Mint in Llantrisant has made more than £1.2bn in sales of precious metals as investors turn to gold amid turbulent financial markets.
The coin maker reported record pre-tax profits of £18m in the year to 31 March 2022 - up by almost £6m from the £12.4m reported last year and the largest amount since becoming a Limited company in 2010.
The firm said profits have been entirely driven up by its consumer facing division, including historic coins and precious metal investment products, offsetting losses from its currency division.