Money, Money, Everywhere…
Today in 1792, the U.S. Mint was established by an act of Congress with the Coinage Act of 1792. The first mint, was established in Philadelphia, with additional mints located in Denver, San Francisco, West Point, NY and the U.S. Bullion Depository at Fort Knox, KY.
The role of the mint is to produce not only domestic coins for public circulation (about 30 billion coins annually), but also commemorative medals, proof and uncirculated sets for collectors.
The other government department involved in creating money is a Bureau of Engraving and Printing (BEP) which is responsible for printing all of the paper currency …read more

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