United States Mint

United States Mint
State level	United States Federal Agency
position	Mint
Supervisory authority	United States Department of the Treasury
founding	April 2, 1792
Headquarters	Washington, DC
Authority management	David J. Ryder , Director
Servants	1,845 (2006)
Web presence	www.usmint.gov

emblem

The scientist and inventor David Rittenhouse was the first director of the agency

The United States Mint is a federal agency in the United States that is primarily responsible for minting the US dollar . Its headquarters are in Washington, DC. The mint has offices in Philadelphia, Pennsylvania, Denver, Colorado, San Francisco, California and West Point, New York. The head of the agency is named Director of the United States Mint , since April 12, 2018, this is David J. Ryder (39).

The mint was created by Congress with the Coinage Act of 1792 and subordinated to the State Department . It became an independent agency in 1799 and became part of the Department of the Treasury in 1873 through the Coinage Act of 1873 . In addition to the minting of regular coins in circulation, a wide range for collectors and investors is also offered. Examples include commemorative coins , medals and the eagle in gold, silver and platinum.

A separate federal police force is responsible for protecting the production facilities and the raw materials and products: the United States Mint Police , it is the oldest police authority in the federal government.

history

The first was the Philadelphia Mint in 1792, the second was Charlotte , North Carolina (1838–1861, mint mark C ), Dahlonega , Georgia (1838–1861, mint mark D ), and New Orleans , Louisiana (1838–1909, mint mark O ) . After the Civil War , the branches in North Carolina and Georgia were closed, and the branch in New Orleans was initially closed (1861), but reopened in 1879.

Carson City , Nevada (embossed CC ) was opened in 1870 and closed again in 1893. In 1920 the first foreign mint was opened in the Philippine city of Manila (mint mark M ). From 1920 to 1922 and from 1925 to 1941, coins for the American colony were produced here.

Facilities

The mint has five branches, four of which are production facilities. The oldest mint is in Philadelphia , whose coins had no minting marks except for the Susan B. Anthony coins and the Jefferson nickel until 1980, after which P was minted (except for 1 cent coins). The central engraving and graphics facility is also located in Philadelphia.

The Denver office was founded in 1863 (embossed mark D ). The San Francisco branch (embossed mark S ) was founded in 1854. The West Point, New York office (West Point Mint) opened on March 31, 1988, making it the youngest of the offices; their coins bear the impressed mark W . Today mainly commemorative coins are minted here. It is the only production facility in the country for gold, silver and platinum coins, as well as for Eagle coins. The West Point Mint was previously called the West Point Mint Facility , the latter minting pennies from 1973 to 1986 . The West Point Mint Facility emerged from the West Point Bullion Depository in 1937 .

Product example: Gold Eagle with a face value of 10 US dollars (minted in 1894 by the New Orleans Mint - mint mark O )

The US Bullion Depository in Fort Knox , Kentucky , is another facility for the mint, but does not have a manufacturing facility. This is the main gold bullion warehouse in the country.