The Mint: US Mint
History: The United States Mint has a long and rich history, dating back to its establishment in 1792. It plays a key role in the nation's economy by producing coins for circulation, as well as commemorative and collectible coins.
The United States Mint was founded shortly after the adoption of the United States Constitution, when Congress passed the Coinage Act on April 2, 1792. The mint began with a single facility in Philadelphia and expanded to several facilities across the country in the years that followed.
Philadelphia Mint: The first and oldest of the three, it began operations in 1793.
Denver Mint: Opened in 1906 and specializes in producing coins for circulation.
San Francisco Mint: Opened in 1854, it primarily produces collectible and commemorative coins.
West Point Mint: Opened in 1937, the Mint primarily produces gold coins, as well as medals and other products.
The United States Mint handles various aspects of coin production:
Circulation Coins: These are the traditional coins used in everyday life. They include pennies, nickels, dimes, quarters, half dollars, and dollar coins.
Commemorative Coins: Issued to commemorate significant events, dates, and individuals. They are often made of precious metals and are popular with collectors.
Investment Coins: So-called "bullion" coins are made of gold, silver, platinum, and palladium and are sold to investors.
Medals and Awards: The Mint also produces medals for various awards, such as presidential medals and medals for achievements in various fields.
The United States Mint was founded shortly after the adoption of the United States Constitution, when Congress passed the Coinage Act on April 2, 1792. The mint began with a single facility in Philadelphia and expanded to several facilities across the country in the years that followed.
Philadelphia Mint: The first and oldest of the three, it began operations in 1793.
Denver Mint: Opened in 1906 and specializes in producing coins for circulation.
San Francisco Mint: Opened in 1854, it primarily produces collectible and commemorative coins.
West Point Mint: Opened in 1937, the Mint primarily produces gold coins, as well as medals and other products.
The United States Mint handles various aspects of coin production:
Circulation Coins: These are the traditional coins used in everyday life. They include pennies, nickels, dimes, quarters, half dollars, and dollar coins.
Commemorative Coins: Issued to commemorate significant events, dates, and individuals. They are often made of precious metals and are popular with collectors.
Investment Coins: So-called "bullion" coins are made of gold, silver, platinum, and palladium and are sold to investors.
Medals and Awards: The Mint also produces medals for various awards, such as presidential medals and medals for achievements in various fields.
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