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Philip Noel Diehl (born June 11, 1951) is an American businessman and former monetary policy advisor who served as the 35th director of the United States Mint.He is the president of U.S. Money Reserve, a published analyst of gold markets and a member of the boards of the Industry Council for Tangible Assets, the Coalition for Equitable Regulation and Taxation and the Gold and Silver Political ...
The office of director has existed since the creation of the Mint by the Coinage Act of 1792. Initially appointed serving at the pleasure of the president of the United States, the Coinage Act of 1873 specified a five-year term for directors. The director operates with general directions provided by the United States Secretary of the Treasury.
Artist's concept of a trillion-dollar coin, featuring a similar obverse design to the reverse of the presidential dollar series.. The trillion-dollar coin is a concept that emerged during the United States debt-ceiling crisis of 2011 as a proposed way to bypass any necessity for the United States Congress to raise the country's borrowing limit, through the minting of very high-value platinum ...
The idea is that the Biden administration could stop the standoff by having the U.S. Mint issue a new $1 trillion platinum coin. Debt limit crisis: Why people won't stop talking about the trillion ...
800-290-4726 more ways to reach us. Mail. Sign in. ... It has been promoted over the years by figures such as Paul Krugman and Laurence Tribe and Philip Diehl, a former director of the United ...
The claim: The US Mint said it hasn’t made pennies since April 2023. A Feb. 11 Facebook post (direct link, archive link) includes an image suggesting President Donald Trump’s order for the ...
The American Platinum Eagle is the official platinum bullion coin of the United States.In 1995, Director of the United States Mint Philip N. Diehl, American Numismatic Association President David L. Ganz, and Platinum Guild International Executive Director Jacques Luben began the legislative process of creating the Platinum Eagle.
According to the U.S. Mint — the Treasury bureau responsible for producing the nation’s coinage — each penny cost 3.69 cents to produce in fiscal 2024, more than three times its face value.