Other Free Encyclopedias :: Law Library - American Law and Legal Information :: American Law Encyclopedia Vol 10 :: Treasury Department - Secretary Of The Treasury, Bureau Of Alcohol, Tobacco, Firearms And Explosives, Office Of The Comptroller Of The Currency

Treasury Department - U.s. Mint

The establishment of a mint was authorized by an act of April 2, 1792 (1 Stat. 246). The Bureau of the Mint was established by an act of February 12, 1873 (17 Stat. 424) and recodified on September 13, 1982 (31 U.S.C.A. §§ 304, 5131). The name was changed to the U.S. Mint by secretarial order dated January 9, 1984.

The primary mission of the mint is to produce an adequate volume of circulating coinage for the United States to conduct its trade and commerce. The mint also produces and sells numismatic coins, American eagle gold and silver bullion coins, and national medals. In addition, the Fort Knox Bullion Depository is the primary storage facility for the nation's gold bullion.

User Comments Add a comment…