U.S. Mint Coins
US Mint Coins
The Coinage Act passed in 1792 established the federal mint. The first coins minted in the US came about a year later when the first mint in Philadelphia struck “half dimes.” However, they were not circulated. It’s rumored that they came from George Washington’s silverware. It wasn’t until March of 1793 that real currency was produced. They struck and circulated copper cents.
Throughout the centuries that followed, the US Mint produced a variety of other coins. They range from common US silver coins to rare gold mint coins. They all have a unique history, so some have become more valuable than others. Today, many investors and collectors seek out some of the rarest coins to add to their portfolios and collections.
If you are interested in collecting United States Mint coins, you must understand:
- What are Mint Coins
- Where are Coins Minted
- Which United States Coins are Valuable
- How to Buy American Mint Coins
What is the US Mint?
The US Mint is an institution responsible for manufacturing and distributing precious metals, collectible coins, and national medals to the American people. They do more than circulate precious metals, however. The Mint also provides security over assets.
If planning to invest in US coins for sale, you should seek coinage circulated by the Mint. It is the country’s only authorized manufacturer of legal tender, and since they are responsible for the country’s coinage for trade and commerce, they back all of the coins they produce.
Where are US Coins Minted?
Though they are the only authorized manufacturer, there’s more than one Mint location. How many US Mints are there? Currently, there are four mints in the United States. Since the value of a coin depends on where it was minted, it’s important that you know about the history of the different US coin mints.
Philadelphia was the site of the original US Mint, and it still operates today. However, the South’s gold rush led to an expansion. Three new branch Mints were opened in the 1800s in Charlotte, NC; New Orleans, LA; and Dahlonega, GA. When the Civil War began, the Confederacy briefly controlled these. The US finally regained control, but Dahlonega never reopened. Charlotte and New Orleans eventually closed decades later.
The California gold rush also led to more US mint locations in the western part of the country. San Francisco and Denver produced many gold coins and continue to do so today. A silver strike in Nevada resulted in several American silver coins coming from a mint in Carson City.
In the late 1930s, a West Point Bullion Depository opened, and it stored US Mint silver bars and bullion until 1973. At that point, it also began producing pennies and later Bicentennial quarters. By 1988, it gained official status as a US Mint, and it is one of the four remaining mint locations.
US Mint Gold Coins
A variety of United States coins come in gold. Some are older than others, and some are harder to find than others. For example, the Mint produces American bullion coins, but they do not sell them directly to the public. You have to purchase them from an authorized distributor like IPM. The mint also offers proof and uncirculated coins for purchase.
All of the different factors affecting the value of a gold coin can make it difficult for first-time buyers. However, you don’t have to be an expert on the history of US Mint collector coins. When you come to IPM, our experts can help you make an informed decision by providing you with all of the information you need to know about each type of coin, including:
- American Gold Eagles
- American Double Eagles
- American Half Eagles
- Saint-Gaudens Coins
- Indian Head Coins
- And More!
US Mint Silver Coins
You’re not limited to collecting gold coins. The US Mint struck many silver coins throughout its history, so there are plenty of options from which you can choose. Pre-1965 coins hold some of the most value because of their high silver content. However, the US turns silver bars into coins to this day.
At IPM, we have an extensive inventory of unique and valuable silver US coins. You can ask our professionals about investing in:
- US Mint Silver Eagles
- US Silver Buffalos
- America the Beautiful Coins
- Morgan Dollars
- Peace Dollars
Invest in Minted US Coins for Sale
Would you like to invest in minted coins? If so, you don’t have to rely on the United States Mint website to make your purchase. IPM has been operating as an alternative to the US Mint shop since 1995. Since then, we’ve made countless US Mint coin sales to investors and collectors all over the world. If you’d like to learn more about the coins we have in our inventory, we suggest that you call or fill out our online form right away.