United States Mint
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 US coins to the Federal Reserve banks and branches.
- Maintaining physical custody and protection of the US Nation's $100 billion of US gold and silver assets.
- Producing proof and uncirculated coins, 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.
- Receiving, redeeming, and processing mutilated coins.
US Mint Facilities
The following is a list of the facilities of the United States Mint and the activities and responsibilities of that facility.
United States Mint Headquarters, Washington, D.C.
Policy formulation and central agency administration; program management; research and development; marketing operations; customer services and order processing; operation of the Union Station sales center; business unit management, and all www.usmint.gov website services.
United States Mint at Philadelphia, Pennsylvania
The engraving of U.S. coins and medals; production of medal and coin dies; production of coins of all denominations for general circulation; production of regular uncirculated coin sets; production of commemorative coins authorized by Congress; production of medals; the conducting of public tours and maintenance of the facility's sales center.
United States Mint at Denver, Colorado
Production of coins of all denominations for general circulation; production of coin dies; production of regular uncirculated coin sets; production of commemorative coins authorized by Congress; the conducting of public tours and maintenance of the facility's sales center; storage of gold and silver bullion.
United States Mint at San Francisco, California
Production of regular proof coin sets in clad and silver; production of selected commemorative coins authorized by Congress.
United States Mint at West Point, New York
Production of all uncirculated and proof one-ounce silver bullion coins, all sizes of the uncirculated and proof American Eagle gold bullion and platinum bullion coins; production of all silver, gold, platinum, and bi-metallic commemorative coins authorized by Congress; storage of silver, gold, and platinum bullion.
United States Bullion Depository, Fort Knox, Kentucky
Storage of US gold bullion.
- The US Mint website: www.usmint.gov