Philadelphia Mint
Coordinates: 39°57′13″N 75°08′51″W / 39.9536°N 75.1474°W
The Philadelphia Mint was created from the need to establish a national identity and the needs of commerce in the United States. This led the Founding Fathers of the United States to make an establishment of a continental national mint, a main priority after the ratification of the Constitution of the United States.
The Coinage Act of 1792 was entered into law on April 2. It proclaimed the creation of the United States Mint. Philadelphia at that time was the nation's capital; therefore the first mint facility was built there. The Mint Act also instituted a decimal system based on a dollar unit; specified weights, metallic composition and fineness; and required each United States coin feature "an impression emblematic of liberty".
David Rittenhouse, an American scientist, was appointed the first director of the mint by President George Washington. Two lots were purchased by Rittenhouse on July 18, 1792, at Seventh Street and 631 Filbert Street in Philadelphia for $4,266.67. The next day, demolition of an abandoned whiskey distillery on the property began. Foundation work began on July 31, and by September 7, the first building was ready for installation of the smelting furnace. The smelt house was the first public building erected by the United States government. A three-story brick structure facing Seventh Street was constructed a few months later. Measuring nearly 37 ft (11 m) wide on the street, it only extended back 33 ft (10 m). The gold and silver for the mint were contained in basement vaults. The first floor housed deposit and weighing rooms, along with the press room, where striking coins took place. Mint official offices were on the second floor, and the assay office was located on the third floor. A photograph of the Seventh Street building taken around 1908 show that by then the year 1792 and the words "Ye Olde Mint" (in quotes) had been painted onto the facade.
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