Category: History and Economics
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The Founding and Early Years of the Charlotte Mint: A Tale of Gold in North Carolina.
The history of the Charlotte Mint, situated in North Carolina, is intertwined with the golden legacy of the state, dating back to the first authenticated discovery of gold in the United States in 1799. This article explores the fascinating journey leading to the establishment of the Charlotte Mint, its role in gold coin production, and…
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The Mint at Charlotte North Carolina.
In the wake of the initial discovery of gold in the United States at the Reed Gold Mine in North Carolina, the absence of local mints in the Charlotte region posed significant challenges for miners. To transform their gold dust into currency, they had to endure a cumbersome process of sending it to Philadelphia for…
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U.S. Mint New Orleans Mint.
The history of rare gold mint coins intertwines with the growth and economic development of the United States. Beginning in 1795, the Philadelphia Mint played a pivotal role in establishing a uniform currency. As America embraced the Gold Standard, the demand for gold coins surged, leading to the minting of coins valued under $20 an…
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U.S. Mint Dahlonega Georgia.
The Dahlonega Mint, a significant establishment during the Georgia Gold Rush, emerged as a branch of the United States Mint. Its purpose was to facilitate miners in assaying and minting gold without the need to journey to the distant Philadelphia Mint. Situated at (34°31.8′N 83°59.2′W) in Dahlonega, Lumpkin County, Georgia, the mint marked its coins…
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San Francisco Mint – United States Mint.
The San Francisco Mint, a branch of the United States Mint, has a rich history dating back to 1854 when it was established to serve the gold mines of the California Gold Rush. Located at 608 Commercial Street, it initially played a pivotal role in converting gold bullion into coins, generating an impressive $4 million…
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West Point Mint – United States Mint.
The West Point Mint, established in 1937 near the U.S. Military Academy in West Point, New York, is a vital production and depository facility under the U.S. Mint. As of 2019, it safeguarded approximately 22% of the United States’ gold reserves, amounting to around 54,000,000 troy ounces (1,700,000 kg), which equated to over $100 billion…