Even before the Old Mint, a building for minting coins stood on the site of the Old Market Square in Maximilianstraße in 946, when the city was granted market and minting rights. After Speyer was completely destroyed in 1689, the city erected the present building in the Baroque style in the middle of the 18th century. With its open arcades on the ground floor, it served as a merchants’ hall and municipal administrative centre. Until the 19th century, the Speyer Old Mint was the seat of various authorities and a centre for trade in the city. In the 1970s, the building was converted into a modern commercial and office block.