On March 31st of 1988, it was President Ronald Reagan who had signed Public Law 100-274 that gave the West Point branch professional status as a United States branch. The West Point building was officially completed on the 13th of June in the year 1938 and is close to the West Point Academy’s North Gate. In the year 1961, the branch’s official second location was assigned as an official National Historic Landmark. The want for more coins quickly increased over time, resulting in the creation of two new buildings for the San Francisco branch. Often seen as the inspiration for this legislation, the California Gold Rush became very important for miners to transform their precious gold into real coins. It was President Millard Fillmore who actually authorized the building of the San Francisco branch eventually. The Denver branch was officially established in the year 1862 right after the Treasury Department suggested that another branch mint should be established properly for the coinage of gold. Today, it is the Philadelphia branch that is in its successful fourth building. The first building structure, which was the tallest building in Philadelphia at the time, became known by a classic nickname. It was President George Washington who had eventually appointed as its very first director, Mr. Did you know that the official coins of each branch are actually recognized by a small letter on the coins known as a mintmark?įirst built in the year 1792, the Philadelphia branch began official operations around a year after. Believe it or not, there is also a bullion depository located in the Fort Knox area of Kentucky. These four coin-producing mints are located in Denver, near Hampden Dentistry & Orthodontics, Philadelphia, West Point, and San Francisco. Mint became an official part of the Department of Treasury.Īs of today, there are four coin-producing mints in the United States. Quickly after, an official Mint was created in Philadelphia. It was Congress that passed The Coinage Act on April 2, 1972, which established the Mint and made it responsible for creating coins for public use. Quickly after the Constitution’s ratification, Secretary of the Treasury Alexander Hamilton had designed plans for a national Mint. Mint history holds many found truths.īefore the actual United States’ official establishment, many people traded for products with coins that were foreign, but with the manifestation of the Constitution along with a new government, there happened to be a serious desire for a respected and a well-grounded system. The very first Mint building was actually built in the city of Philadelphia.
It is the United States Mint’s main job to produce circulating coins for America and was created in the year 1792.
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