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United States mint

United States Mint
Seal of the United States Mint.svg
Seal of the U.S. Mint
New US Mint Logo.svg
Logo of the U.S. Mint
Agency overview
Formed April 2, 1792; 224 years ago (1792-04-02)
Jurisdiction Federal government of the United States
Headquarters Washington, D.C., U.S.
Employees 1,845 (2006)
Agency executive
Parent agency Department of the Treasury
Website www.USMint.gov

The United States Mint produces circulating coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money. The Mint was created in Philadelphia in 1792, and soon joined by other centres, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.

The Mint was created by Congress with the Coinage Act of 1792, and originally placed within the Department of State. Per the terms of the Coinage Act, the first Mint building was in Philadelphia, then the capital of the United States; it was the first building of the Republic raised under the Constitution. Today, the Mint's headquarters (a non-coin-producing facility) are in Washington D.C.. It operates mint facilities in Philadelphia, Denver, San Francisco, and West Point, New York and a bullion depository at Fort Knox, Kentucky. Official Mints (Branches) were once also located in Carson City, Nevada, Charlotte, North Carolina, Dahlonega, Georgia, New Orleans, Louisiana, Washington, D.C.; and even in Manila, in the Philippines.


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Wikipedia

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