Immediately upon its opening, the mint was dubbed the Granite Lady, a tribute to its size and architecture. Two years later, the new branch mint was ready. The tiny mint was unable to meet the demands of the West and construction was begun on a new, larger mint in 1872. In order to take control, the federal government quickly authorized a branch mint in San Francisco.Ī small plant was built, and operations began in 1854. A number of private mints took advantage of the situation and quickly produced coins that circulated in great quantities. Gold was heavy and difficult to transport to the Philadelphia Mint, and encountered many hazardous moments on its journey. The California gold rush of 1848 caused chaotic conditions as the amount of gold being mined increased rapidly and in dramatic proportions. San Francisco, California 1854-Date, “S” mint mark Like the Fort Knox Bullion Depository, access to the site and tours are not available to the public. coin with a "W" mint mark.ĭue to the presence of substantial gold reserves, security at the West Point Mint is extremely tight.
US MINT SHOP SERIES
A 1996-W Roosevelt dime commemorating the 50th anniversary of the Roosevelt series was issued only in that year's Mint Sets, and it remains the only regular-issue U.S. commemorative coins with "W" mint marks, and produces the entire family of silver, gold and platinum American Eagle coins in both Uncirculated and Proof versions. gold bullion, strikes gold and silver U.S. In 1988, West Point gained official status as a branch United States Mint. commemorative coins with a $10 gold piece honoring the 1984 Los Angeles Olympic Games. The West Point Mint was erected in 1937 as the West Point Bullion Depository for the storage of silver reserves, and for many years had the nickname "The Fort Knox of Silver." The facility produced Lincoln cents bearing no mint mark from 1973-1986, and began striking U.S. Denver, Colorado 1906-Date, “D” mint mark The exceptions are the Wartime nickels of 1942-45, Anthony dollars of 1979, and all Philadelphia coins since 1980 except the cent, which continues without. Most coins struck here have no mint marks. Mint expanded twice more in the city of Philadelphia. As coinage production increased, the U.S. Construction began in 1829 and the new, larger mint was in operation for 70 years. On March 10, 1828, Congress authorized the mint's continuation in Philadelphia until otherwise provided by law, which finally laid the issue to rest.Ī watchdog named Nero was purchased for $3 and, together with a watchman, provided security for the first mint. The mint remained in Philadelphia after the federal government was relocated to Washington, D.C., although debates continued for the next 28 years between advocates who believed the mint belonged in the national capital and opponents who insisted it stay in Philadelphia.
The Philadelphia Mint was the first public building erected by authority of Congress. The first coins struck at the original mint in Philadelphia were minted, according to popular belief, from silver household plates personally delivered by President Washington himself! Mint was provided for in the Act of April 2, 1792. The history of the United States Mint in Philadelphia stretches back to the time when George Washington was president and our nation's capital was Philadelphia.
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