Ralph Heaton IV
Almost immediately his son, Ralph IV, was elected Managing Director by the board. Between 1896 and 1898 the Mint struck all of Russia's copper coins (over 110,000,000 coins per year).
During the First World War the Mint produced strip brass and copper tubing for munitions.
Orders for colonial coins, blanks and bar metal were a steady source of business until, in 1912, an order for 16.8 million bronze coins for Britain, and in 1918 and 1919, further orders for 7.1 million pence saw the mint striking coins for the home market. British penny coins minted by Heaton and dated 1912 can be identified by a very small upper case letter 'H' appearing alongside the date: many of these coins were removed from circulation by collectors during or before the decade preceding February 1971. However, also in 1912, the Mint saw its first competition as the Kings Norton Metal Company was also contracted to supply bronze blanks to the Royal Mint, and in 1914 struck coins for the colonies. Kings Norton became part of Imperial Chemical Industries (ICI) in 1926 and was reorganised as part of Imperial Metal Industries Limited (IMI) in 1962.
Ralph IV retired in 1920. His successor was his brother in law, W. E. Bromet. Heaton's son Ralph V joined the firm in 1922 on the commercial part of the business, eventually rising to the position of company secretary.
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