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A mint is an industrial facility which manufactures coins that can be used as currency. The history of mints correlates closely with the history of coins. In the beginning, hammered coinage or cast coinage were the chief means of coin minting, with resulting production runs numbering as little as the hundreds or thousands.
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.
The Coinage Act of 1792 established the United States Mint and regulated the coinage of the United States. [3] The act created coins in the denominations of Half Cent (1/200 of a dollar), Cent (1/100 of a dollar, or a cent), Half Dime (also known as a half disme) (five cents), Dime (also known as a disme) (10 cents), Quarter (25 cents), Half Dollar (50 cents), Dollar, Quarter Eagle ($2.50 ...
Its largest site is the Philadelphia Mint which covers 650,000 square feet [3] (6 hectares) and can produce 32 million coins per day. [4] Royal Canadian Mint, Canada Casa de Moneda de Colombia Monnaie de Paris, France Staatliche Münze Berlin, Germany Calcutta Mint, India Japan Mint Royal Dutch Mint Mennica Polska S.A., Poland Saint Petersburg ...
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 first of these branch mints were the Charlotte , North Carolina (1838–1861), Dahlonega , Georgia (1838–1861), and New Orleans , Louisiana (1838–1909) branches. [ 7 ]
Among the six was a silver coin, "which shall be, in weight and value, one-tenth part of a silver unit or dollar". From 1796 to 1837, dimes were composed of 89.24% silver and 10.76% copper, [3] the value of which required the coins to be physically very small to prevent their commodity value from being worth more than face value. [4]
A coin die itself, has been the main motive for many collectors coins and medals. One of the most recent and famous one, is the Austrian 700 Years City of Hall in Tyrol coin, minted on January 29, 2003. The reverse side of the coin shows the Guldiner silver coin. However, the design is negative, representing a coin die, as a reference to Hall's ...
With the passage of the Native American $1 Coin Act [38] on September 20, 2007, the U.S. Mint began designing a series of Sacagawea dollars with modified reverses to further commemorate "Native Americans and the important contributions made by Indian tribes and individual Native Americans to the development of the United States and the history ...
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