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First United States Mint (Philadelphia); photo from 1904 ... The current facility, which opened in 1969, is the fourth Philadelphia Mint. The first was built in 1792 ...
On April 2, 1792, Congress passed the Coinage Act, establishing the first national mint in the United States. Congress chose Philadelphia, what was then the nation’s capital, as the site of our first Mint. As gold fever spread across the U.S., branch Mints and assay offices opened to serve the needs of a growing nation.
- Southern Branch Mints
- Mint Expands West
- Assay Offices
- Bullion Depositories
In the early 1800s, America experienced its first two gold rushes: first in North Carolina and then in Georgia. Demand on the Philadelphia Mint to melt, refine, and produce coins from this gold pushed the Mint to its limits. In 1835, Congress passed legislation to establish three new branch Mints located in Charlotte, NC; Dahlonega, GA; and New Orl...
In 1849, the California Gold Rush brought a flood of people west for the chance to get rich. Transporting the gold east all the way to the Philadelphia Mint was time-consuming and risky. In 1854, a branch Mint opened in San Francisco to convert the miners’ gold into coins. By the end of that year, the San Francisco Mint produced $4,084,207 in gold ...
Gold and silver pouring in from strikes throughout the West created the need for assay offices around the country to assess and process the metal ore. Most closed in the early 1900s when the metal deposits waned. The New York Assay Office in Manhattan was the notable exception; it stayed in operation for almost 130 years, finally closing in 1982. E...
The Mint’s demand for the gold and silver needed to produce coins in increasing quantity for the growing U.S. population meant that there needed to be a secure location to store the country’s bullion. In 1936, the Fort Knox Bullion Depository opened in Kentucky. The next year, the facility received its first shipment of gold from the Philadelphia M...
The first Philadelphia Mint, built in 1792, photographed in 1908, and later demolished. The Coinage Act of 1792 entered into law on April 2, proclaiming the creation of the United States Mint. Philadelphia at that time was the nation's capital, and the first mint facility was built there.
Ohio State Quarter is released on March 11. On the 19th, the United States Mint announces new prices for its bronze medals, effective April 19, 2002. This is the first official price increase since 1995. The “…large three-inch bronze multi-strike duplicate medals are increased from $24.50 to $38.00.
Feb 26, 2019 · The first United States Mint was built in 1792. While much of the authorizing legislation is known, the daily workings of the Mint have gone largely unpublished, primarily because of a dearth of information. Mint records have been lost, scattered, or poorly preserved.
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May 1, 2022 · The new mint was the first federal building constructed under the Constitution. President George Washington appointed David Rittenhouse, a respected American scientist, as the first Director of the mint. Under his leadership, the mint produced its first circulating coins. The delivery of the initial 11,178 copper cents took place in March 1793 ...
