United States Mint


US Mint in Philadelphia
4th building of the US Mint in Philadelphia,via Wikimedia Commons

The US Mint is the official mint of the government of the United States. It produces the country's coins (official circulating coins as well as investment bullion coins and numismatic/commemorative coins) as well as coins for foreign countries. Its gold, silver and platinum coins are highly valued by investors and collectors throughout the world. The US Mint also produces various commemorative medals. It designs and produces the congressional gold medals.

Minting Facilities

The four minting facilities that together produce all the coinage are located in Philadelphia (P mint mark), Denver (D mint mark), San Francisco (S mint mark), and West Point, NY (W mint mark).

History

The first mint of the United States went into operation in 1793 in Philadelphia, then the US capital. Instead of being relocated to Washington D.C. in 1800 when the new capital was ready, it remained in Philadelphia due to the inability of the US government to finance the costly move of operation. In 1828, congress voted to have the mint remain in Philadelphia in perpetuity.

Seal of the US Mint
Seal of the US Mint, via Wikimedia Commons.

However, the first mint ran out of space and reached its production capacity limit by the late 1820's. The second mint opened in 1833 and produced coinage until 1901, when the third mint in the style of a Roman temple (now the Community College of Philadelphia) replaced it. The current 4th building of the US Mint in Philadelphia began operations in 1969.

The San Francisco branch of the US Mint had opened in 1854 during the California Gold Rush, the Denver branch in 1906 and the West Point branch only gained official status as a branch mint in 1988. In the past, the US Mint also had branch mints in Carson City (Nevada), Charlotte (North Carolina), Dahlonega (Georgia), New Orleans (Louisiana), Washington D.C. and Manila (Philippines) that are no longer in operation.

Popular Gold Bullion Coins

Out of the contemporary bullion coins, the American Gold Eagle, the American Silver Eagle and the American Gold Buffalo coins are all popular with investors. The American Gold Eagle coins are produced in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz denominations whereas the American Silver Eagle and the American Gold Buffalo coin now only exists in a 1 oz size.

The US Mint is also famous for having produced a multitude of historic gold coins that are highly sought by investors and collectors alike. These are the $20 Saint Gaudens Gold Double Eagle, $20 Liberty Gold Double Eagle, $10 Liberty Gold Eagle, $10 Indian Gold Eagle, $5 Liberty Gold Half Eagle, $5 Indian Gold Half Eagle, $2.5 Liberty Gold Quarter Eagle, $2.5 Indian Gold Quarter Eagle, $1 Liberty Gold Dollar and $1 Indian Gold Dollar.


American Gold Eagles

low premium over spot price
in 1/10 oz, 1/4 oz, 1/2 oz and 1 oz
91.67% gold, 5.33% copper, 3% silver

obverse side of the American Gold Eagle coin
reverse side of the American Gold Eagle coin

American Gold Buffaloes

the US Mint's purest gold coin
only in 1 oz denomination
99.99% gold

obverse side of the $50 American Gold Buffalo coin
reverse side of the $50 American Gold Buffalo coin

Saint Gaudens Double Eagles

produced from 1907-1916 & 1920-1933
designed by Augustus Saint-Gaudens
90% gold, 10% copper

obverse side of the 1908 $20 Saint Gaudens Gold Double Eagle coin without motto
reverse side of the 1908 $20 Saint Gaudens Gold Double Eagle coin without motto

Liberty Gold Double Eagles

produced from 1849-1907
designed by James B. Longacre
90% gold, 10% copper

obverse side of the 1849 $20 Liberty Gold Double Eagle coin
reverse side of the 1849 $20 Liberty Gold Double Eagle coin

Liberty Gold Eagles

produced from 1838-1907
designed by Christian Gobrecht
90% gold, 10% copper

obverse side of the $10 Liberty Gold Eagle coin
reverse side of the $10 Liberty Gold Eagle coin without motto

Indian Gold Eagles

produced from 1907-1933
designed by Augustus Saint-Gaudens
90% gold, 10% copper

obverse side of the $10 Indian Gold Eagle coin
reverse side of the $10 Indian Gold Eagle coin with motto

Liberty Gold Half Eagles

produced from 1839-1908
designed by Christian Gobrecht
90% gold, 10% copper

obverse side of the $5 Liberty Gold Half Eagle coin
reverse side of the $5 Liberty Gold Half Eagle coin without motto

Indian Gold Half Eagles

produced from 1908-1929
designed by Bela Lyon Pratt
90% gold, 10% copper

obverse side of the $5 Indian Gold Half Eagle coin
reverse side of the $5 Indian Gold Half Eagle coin

Liberty Gold Quarter Eagles

produced from 1840-1907
designed by Christian Gobrecht
90% gold, 10% copper

obverse side of the $2.5 Liberty Gold Quarter Eagle coin
reverse side of the $2.5 Liberty Gold Quarter Eagle coin

Indian Gold Quarter Eagles

produced from 1908-1929
designed by Bela Lyon Pratt
90% gold, 10% copper

obverse side of the $2.5 Indian Gold Quarter Eagle coin
reverse side of the $2.5 Indian Gold Quarter Eagle coin

3 Dollar Indian Gold

produced from 1854-1889
designed by James B. Longacre
90% gold, 10% copper

obverse side of the 3 Dollar Indian Gold coin
1855 San Francisco minted 3 Dollar Indian Gold coin - reverse

Liberty Gold Dollars

produced from 1849-1854
designed by James B. Longacre
90% gold, 10% copper

obverse side of the Liberty Gold Dollar coin
reverse side of the Liberty Gold Dollar coin

Indian Gold Dollars

produced from 1854-1889
designed by James B. Longacre
90% gold, 10% copper

obverse side of the Indian Gold Dollar coin
reverse side of the Indian Gold Dollar coin