Tag: US Mint

  • West Point Mint – United States Mint.

    Reading Time: 2 minutes 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…

  •  Denver Mint.

    Reading Time: 6 minutes In 1862, an Act of Congress established the United States Mint in Denver as a United States Assay Office. It initially did not perform coinage but instead accepted gold and nuggets from miners for melting, assaying, and stamping into cast gold bars. Over time, the Denver plant became the city’s most…

  • Philadelphia Mint.

    Reading Time: 7 minutes The United States Mint in Philadelphia has a rich history dating back to the presidency of George Washington and the days when Philadelphia served as the nation’s capital. The establishment of the U.S. Mint was authorized by the Act of April 2, 1792. The first coins produced at the original Philadelphia…