Casa da Moeda

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Casa da Moeda
Logo of the Casa da Moeda
Agency overview
FormedApril 2, 1792; 231 years ago (1792-04-02)
JurisdictionFederal government of Cartadania
HeadquartersAlahuela, Cartadania
Employees2,200 (2023)
Agency executive
Parent agencyDepartment of the Treasury
Websitewww.casadamoeda.gov.ca

The Casa da Moeda (lit: coin house) is an agency of the Cartadanian Department of the Treasury responsible for producing coinage and banknotes for Cartadania to conduct its trade and commerce, as well as controlling the movement of bullion, but is not responsible for the regulation and distribution of coinage or banknotes, a responsibility that belongs to the Reserve Bank of Cartadania. The first Casa da Moeda was created in Calaine in 1680 as the city is the financial hub for Cartadania, and was soon joined by other centers, whose coins were identified by their own mint marks, typically a Greek letter (e.g., Σ for Santaria). There are currently four active facilities: Calaine, Santaria, Scarreni, and Toratto.

History

The Casa da Moeda agency, responsible for producing coinage and banknotes for Cartadania's trade and commerce, was established during the early republic period in Cartadania. On 2 April 1681, the agency's first office was established in Calaine to meet the growing demand for currency in the country, which was a result of the increase in population and commercial activities. This establishment was pivotal in the country's monetary history as it served as the central location for producing coinage for the republic. The agency's creation was aimed at addressing the pressing need for a reliable and consistent means of exchange as the country's economy expanded.

As the demand for coinage and banknotes continued to increase, additional facilities were established by the Casa da Moeda to accommodate the growing needs of the country. These facilities were strategically located throughout Cartadania to ensure efficient distribution of currency. Each facility was identified by its own unique mint mark, which typically took the form of a Greek letter or other distinct symbol. These marks served to distinguish the origin of each piece of currency and provided valuable information to those involved in commerce and trade throughout the country.

Today, the Casa da Moeda remains an important agency of the Cartadanian Department of the Treasury, responsible for producing coinage and banknotes for the country. The agency operates four active facilities in Calaine, Santaria, Scarreni, and Toratto, each with its own specialized production capabilities. While the Casa da Moeda is not responsible for the regulation and distribution of coinage or banknotes, it plays a crucial role in ensuring that the country's currency needs are met. It has historically minted money for other countries as well and is currently responsible for printing and minting both the real and centavo, respectively, for the Union of Sarpedonian States