At the Royal Mint, a New Product Line: Jewelry

Demand for coins has declined, so the British institution is making gold cuffs, sterling silver hoops and more.

LONDON — The Royal Mint can trace its roots back to a coin with the portrait of Alfred the Great that was struck in the ninth century. And the business, owned by the British government, has been striking coins for currency and collectors, and trading in investment metals like gold bullion ever since.

But as financial exchanges have gone digital — even the man panhandling outside the local train station now has a contactless card reader synced to his smartphone — and the need for coins has declined, the Mint has announced a

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