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The vault is used to store a large portion of the United States' gold reserves as well as other precious items belonging to or in custody of the federal government. It currently holds roughly 147 million troy ounces (4,580 metric tons) of gold bullion , a little over half the total gold presently held by the federal government . [ 2 ]
The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States.As of 2019 the mint holds 22% of the United States' gold reserves, or approximately 54,000,000 troy ounces (1,700,000 kg) [2] (over $100 billion USD as of 2021).
The United States Bullion Depository, often known as Fort Knox, is a fortified vault building adjacent to the Fort Knox Army Post. It is operated by the United States Department of the Treasury, and stores over half the country's gold reserves. It is protected by the United States Mint Police, and is well known for its physical security.
About 80 feet below Wall Street lies about 6,350 tons of gold worth hundreds of billions of dollars. We took a look at the world's biggest gold vault.
In January 2021, an example graded MS-65 became the most valuable gold coin in the world — but only for a few months — when it sold for $9.36 million at the same Heritage auction that featured ...
The Federal Reserve Building's gold vault rests on Manhattan's bedrock, 80 feet (24 m) below street level and 50 feet (15 m) below sea level. The vault contains the largest known monetary-gold reserve in the world, with about 6,190 short tons (5,620 metric tons) in storage as of 2019.
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