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The third Philadelphia Mint was built at 1700 Spring Garden Street and opened in 1901. It was designed by William Martin Aiken, Architect for the Treasury, but it was constructed under James Knox Taylor. In one year alone, the mint produced 501 million coins (5/7 of the U.S. currency minted), and 90 million coins for foreign countries. [3]
The obverse of the American Silver Eagle. The American Silver Eagle is a United States bullion coin that has been minted since 1986. Each coin is .999 fine silver. Circulating coins have been minted at the Philadelphia Mint, San Francisco Mint, and West Point Mint, though do not bear a mint mark. Proof and uncirculated coins do have mint marks ...
In the 1970s and 1980s, Franklin Mint expanded operations to legal tender coins, producing a combination of bullion and non-bullion proof and uncirculated coin sets of both small and large denominations for a number of countries, particularly Panama and various island states. One of its best numismatic sellers was the "Coin Sets of all Nations ...
The Mint is not responsible for the production of American paper money; that is the responsibility of the Bureau of Engraving and Printing. [29] In 2000, the Mint was responsible for the production of 28 billion coins. See United States Mint coin production for annual production values of each coin.
Benjamin Franklin Peale (born Aldrovand Peale; October 15, 1795 – May 5, 1870) was an American officer of the Philadelphia Mint from 1833 to 1854. Although Peale introduced many innovations to the Mint of the United States, he was eventually dismissed amid allegations he had used his position for personal gain.
The 1864 two-cent piece was the first coin with the approved motto and today all American coins are inscribed with "In God We Trust." James Pollock was also a trustee of Lafayette College from 1855 to 1876, and its president from 1863 onwards.
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