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Message from the Owner of U.S. Mint
The U.S. Mint
Since Congress created the United States Mint on April 2, 1792, it has grown tremendously. The United States Mint receives more than $1 billion in annual revenues. As a self-funded agency, the United States Mint turns revenues beyond its operating expenses over to the General Fund of the Treasury.
Latest Visitors to U.S. Mint
Additionally, the Medal of Honor Commemorative Coin Act states that the proof coins must be manufactured at a different US Mint facility than the ...View Full Article
The US Mint has already created four differing coin design candidates emblematic of the park. These were submitted to the Citizens Coinage Advisory ...View Full Article
WASHINGTON DC -- The United States Mint will be releasing the fourth and final design of the Lincoln Bicentennial One-Cent Program on November 12, 2009. ...View Full Article
But this was offset by more consumers cashing in gold to take advantage of the record metal price and by strong demand from the US Mint for gold coin blanks ...View Full Article
The US Mint
Mission
The United States Mint applies world-class business practices in
making, selling, and protecting our Nation’s coinage and assets.
— U.S. Mint Strategic Plan
The primary mission of the United States Mint is to produce an adequate volume of circulating coinage for the nation to conduct its trade and commerce. In recent history circulating coin production has varied between 11 billion and 20 billion coins annually. In addition to producing coins, the United States Mint has other responsibilities, including the following:
- Distributing U.S. coins to the Federal Reserve banks and branches.
- Maintaining physical custody and protection of the Nation’s $100 billion of U.S. gold and silver assets.
- Producing proof, uncirculated, and commemorative coins, and medals for sale to the general public.
- Manufacturing and selling platinum, gold, and silver bullion coins.
- Overseeing of production facilities in Denver, Philadelphia, San Francisco and West Point, as well as the U.S. Bullion Depository at Fort Knox, Kentucky.
Locations
The United States Mint operates six facilities across the United States with each facility performing unique functions. Current facilities are located in: Washington, DC; Philadelphia, PA; West Point, NY; Fort Knox, KY; Denver, CO; and San Francisco, CA.
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