Kremnica Mint has roots that go back to the fourteenth century. It first opened in 1328 upon the city’s promotion to the status of a free royal town by Charles Robert of Anjou, King of Hungary. Throughout its history, the Mint has struck several types of coins, with the most famous likely being the Ducat. 21.5 million of these coins with a melt value of over three billion USD have been struck at the Mint. The facility remained open until its machinery was moved to Budapest at the end of World War I. Shortly thereafter, the Czechoslovak government began work on new machinery for the Mint. Since then, the Mint has produced coinage for Czechoslovakia, Slovakia, and 25 other countries. Today, it is owned by the Slovak government.