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United States Mint | us mint gold coins

The US Mint is the official government mint of the United States. The mint manufactures all of the nation’s coinage, used both for trading and commercial purposes. The US mint is well-known for producing a wide range of silver, us gold coin and platinum coins of the highest standards. Their coins, like the Gold American Eagle and the Silver American Eagle, are considered to be representative images of American ideals. Besides minting legal tender coins, the mint also manufactures uncirculated, proof and commemorative coins, precious metals, and national medals, which are authorized by the Congress to honor important historical events or figures. The US Mint’s activity is divided into six main facilities: the administrative headquarter in Washington DC, the four facilities in charge of currency production in Denver, San Francisco, West Point (NY) and Philadelphia, and the United States Bullion Depository from Fort Knox, famous for its high security – “as safe as Fort Knox”. The circulating currency and the engraving and design departments are located in Philadelphia. The Denver mint is in charge of manufacturing coins, commemorative items, and working dies. Proof coins are produced exclusively in San Francisco while gold, silver and platinum eagles are minted in West Point. Coins are sold in all facilities, except for Denver.

The History of the US Mint

The United States Mint was established by Congress, through the Coinage Act in 1792, as the United States official manufacturer of legal tender and circulating currency. The US government mint was created because the American nation faced the critical need to have its own national unified monetary system. The mint’s first headquarters was set up in Philadelphia, being the first federal building which was built under the United States Constitutional Law.

In 1799, the official headquarters of the mint became a sovereign agency. The mints which existed until the unified currency was established, sustained their activity for the sole purpose of converting into legal tender all regional gold coins. During the Civil War, these mints were also seized to manufacture Confederate currency and closed right after the war ended. The U.S. mint also produced official gold Congressional Medals and used to produce all of the precious metals military decorations of the United States Army. The mint became a part of America’s Department of the Treasury only through the new Coinage Act adopted in 1873. In 1981, the US Mint was established under the US Treasurer’s direct providence. Today, the US Government Mint positions itself as the connector of American national founding principles and the makings of the US economy.

Exceptional Reputation

For more than 220 years, the US Mint has guaranteed the authenticity, high-quality, security and purity of its outstanding precious metal coins. As the official mint of the United States Government, the mint has several quality assurance processes in place to ensure the historical value of its products. Each coin from the United States Mint is carefully inspected by expert numismatists before being cleaned and placed in their protective Mylar packages.

United States Mint Products and US Mint Gold COins

The US Mint gold coins and silver coins, as well as their platinum equivalents are produced in various sizes from 1/1o oz. to 1.oz. Between the years of 1795 and 1933, until the national mint stopped producing gold coins, each of the gold coins minted featured amazing designs, depicting important historical moments and figures, like the Gold Indian Head Coin, The Saints-Gaudens and Gold Liberty Head. Yet, in 1986, the mint released their first gold bullion coin, the Gold American Eagle, featuring the bald American Eagle on the reverse and the Lady Liberty on the obverse. Besides this outstanding piece of coinage, the US Mint also produces .9999 fine Gold Buffalo coins and Gold Commemorative coins.

Purchasing coins manufactured by the United States Mint, provides collectors and investors with the opportunity to own a piece of the American History. Should you have any product related questions about us mint gold coins, us gold coins or the US Mint while browsing through our impressive collection, please do not hesitate to contact us at 800.852.6884. You can also connect with us through use of our live chat, or by email at info@bullionexchange.com.

 

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