Its central location between the Parliament, Kanslihuset ("The Secretariat House" or "The Chancellery"), and the Royal Palace, makes it a popular spot for political manifestations of various kinds.
[1] The building was earlier known as the Rosendal Palace (Rosendalska palatset), designed by C F Adelcrantz (1716–1796) and Erik Palmstedt (1741–1803) in a transitional style bridging Rococo and Gustavian Classicism, in 1773–1780 the location of the Royal Academy of the Arts.
[2][3] The insurance company Skandia, today one of the dominant actors, was founded in 1855, originally occupying only three rooms in 1, Mynttorget, the building on the square's southern side.
During the regency of Gustav Vasa, the mint was located on a former islet near today's Nationalmuseum called Kyrkholmen or even Myntholmen.
[5] As the northern gate of the city was rebuilt in the 17th century, a defensive tower, Norre port, was demolished in 1672 to give space to a new mint by the square, which was completed in 1696.