Both the Charlotte (C mint mark) and Dahlonega (D mint mark) Mints were opened to facilitate the conversion of local gold deposits into coinage, and minted only gold coins. ![]() The first of these branch mints were the Charlotte, North Carolina (1838–1861), Dahlonega, Georgia (1838–1861), and New Orleans, Louisiana (1838–1909) branches. With the opening of branch mints came the need for mint marks, an identifying feature on the coin to show its facility of origin. The Mint has operated several branch facilities throughout the United States since the Philadelphia Mint opened in 1792, in a building known as "Ye Olde Mint". First United States Mint (Philadelphia) photo from 1904 Another important position at the Mint is that of Chief Engraver, which has been held by such men as Frank Gasparro, William Barber, Charles E. Henry Voigt was the first Superintendent and Chief Coiner, and is credited with some of the first U.S. The position is currently filled by Ventris Gibson. The first Director of the United States Mint was renowned scientist David Rittenhouse from 1792 to 1795. Legal tender coins of today are minted solely for the Treasury's account. It was placed under the auspices of the Treasurer of the United States in 1981. Under the Coinage Act of 1873, the Mint became part of the Department of the Treasury. ![]() It converted precious metals into standard coin for anyone's account with no seigniorage charge beyond the refining costs. Originally part of the State Department, the Mint was made an independent agency in 1799. Official Mints (Branches) were once also located in Carson City, Nevada Charlotte, North Carolina Dahlonega, Georgia New Orleans, Louisiana and in Manila, in the Philippines. It operates mint facilities in Philadelphia, Denver, San Francisco, and West Point, New York and a bullion depository at Fort Knox, Kentucky. Today, the Mint's headquarters (a non-coin-producing facility) are in Washington D.C. Per the terms of the Coinage Act, the first Mint building was in Philadelphia, the then capital of the United States it was the first building of the Republic raised under the Constitution. The current United States Mint was created by Congress with the Coinage Act of 1792, and originally placed within the Department of State. The first authorization for the establishment of a mint in the United States was in a resolution of the Congress of the Confederation of February 21, 1782, and the first general-circulation coin of the United States, the Fugio cent, was produced in 1787 based on the Continental dollar. Today the building houses the San Francisco Historical Society. ![]() Branch Mint in California is located at 608–619 Commercial Street, San Francisco, San Francisco County. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. It does not produce paper money that responsibility belongs to the Bureau of Engraving and Printing. Any promotions or discounts are applied to the premium above the precious metal price only and not on the metal price itself.The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. ![]() * Bullion product prices displayed include the precious metal price and any applicable premium. Historic financial performance of Bullion is not indicative of and does not guarantee future financial performance. Investments in Bullion should only be made as part of a diversified investment portfolio and investment advice should be sought before any investment is made. You should carefully consider the risks associated with investing in Bullion, taking into account your own individual financial needs and circumstances. Before making any investment decision, you may wish to seek advice from your financial, legal, tax and accounting advisers. As such, investments in Bullion involve a degree of risk, which may make them unsuitable for certain persons. Bullion markets can be volatile and the value of Bullion may fluctuate dependent on the market value of precious metals. Please note that certain products, storage and delivery services will be dependent on the type of account you hold. All information contained on or available through this website is for general information purposes only and does not constitute investment advice.
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