Saturday, May 5, 2012

U.S. Mint, Denver, Colorado

U.S. Mint, Denver, Colorado

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When the United States government began minting coins in 1792, the original United States Mint facility in Philadelphia was hard-pressed to produce enough currency for our small country.

As the country grew and the demand for coins increased, it became necessary to expand Mint facilities. This expansion was further fueled by the discovery of gold, first in the Southeast and later in the West, and the need for hard currency which caused people to mint their own gold coins. In the mid-nineteenth century, additional mints were opened in Charlotte, NC; Dahlonega, GA; New Orleans, LA; and San Francisco, CA. In 1870, the Carson City, NV Mint opened, and in 1904 the Denver, CO Office became a mint facility. Today, in order to keep our economy flowing smoothly, the United States Mint maintains facilities in Philadelphia, Denver, San Francisco, and West Point, and a bullion depository in Fort Knox, KY.

The number of coins minted today is astounding. Denver and Philadelphia alone produce 65 million to 80 million coins a day.

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