Homepage / Bullion Coins: U.S. Bullion

Find Bullion Market News here


U.S. Mint &
U.S. Bullion Coins




The U.S. Mint




The U.S. Mint and its satellite branches produce all of the Gold, Silver, and Platinum, American Eagle bullion coins. 

us mint

To provide maximum availability to the public, the United States Mint distributes US Bullion coins to a network of wholesalers, brokerage companies, precious metal firms, coin dealers, and participating banks  known as the "Authorized Purchasers."

The U.S. Mint does not sell any bullion coins directly through their website.

The United States Mint also produces all numismatic coins and coins for circulation. 

You can purchase Numismatic & Circulated Coins directly through the U.S. Mint's Website here.






Canadian Coin & Currency

Canadian Coin & Currency - Better Business Bureau Reviews

Affiliate Ad





The History of the US Mint 




First Director of the US Mint

first mint directorThe First Director of the United States Mint

After the U.S. Constitution had been ratified, the Secretary of the Treasury Alexander Hamilton prepared plans for a National Mint.

On April 2, of 1792, Congress passed The Coinage Act.

President George Washington appointed David Rittenhouse, who was the former treasurer of Pennsylvania, to be the first Director of the United States Mint.  

His annual salary was $2000.00.

David Rittenhouse was also a celebrated astronomer and philosopher. 

His achievements readily place him in the same distinguished class as Benjamin Franklin.

Rittenhouse believed that a coin’s design was a piece of artwork.

A year after Rittenhouse was appointed, the first US coins were minted.  

Silver “half dimes” were the first official United States coinage struck by the mint, it is rumored that the silver came from George and Martha Washington’s very own silverware.

Under Rittenhouse, in March of 1793, the US Mint produced its first circulated coins, 11,178 copper cents. 

David Rittenhouse resigned from the Mint on June 30, 1795, due to poor health, he died a year, later on, June 26, 1796. 

In 1871, Congress approved a commemorative medal in Rittenhouse's honor.

In 2012, one of these early copper coins sold at auction for 1.38 million, see the article here: 1793 penny fetches $1.38M at U.S. auction - USA TODAY





"Ye Olde Mint"




The Coinage Act created the U.S. Mint and authorized construction of
the first United States Mint to be built in Philadelphia, PA., which
at the time was the nation’s capital.

Shortly after David Rittenhouse was appointed, as the Director of the U.S. Mint, on July 18, 1792, he purchased two lots of land, in Philadelphia, at Seventh Street and 631 Filbert Street, for $4,266.66.

The construction of the first U.S. Mint began on July 31, 1792, and by
September, a smelting furnace was installed.

The smelt house was the first government building erected by The
United States.

ye olde mint"Ye Olde Mint" (1792 - 1833)

A three-story brick structure was built a few months later; it bore
the name "Ye Olde Mint" (photo - left), it faced Seventh Street in Philadelphia.

The newly built U.S. Mint site consisted of the "Ye Olde Mint" building, a smelter house, a mill house and in the basement of the Mint, large brick vaults were constructed to contain gold, silver, copper bullion bars, and pressed coins.

The Ye Olde Mint produced coins at this location for more than 20 years.

Unfortunately, in 1816, there was a fire at the Olde Mint, it destroyed the smelter house and the mill house.

The mill house burned to the ground and was replaced with a
large brick building; it included a new powerful steam engine in the basement to run the coin pressing machinery, on the floor above.

The smelting house was not rebuilt and was moved to a second Philadelphia location.

In 1833, all U.S. Mint operations were moved to the second Philadelphia Mint location and the property where the first U.S. Mint stood, was sold.

The "Ye Olde Mint" building was demolished a few years after the photo above was taken, in 1908.

In contrast concerning the production of capacity; the modern-day Philadelphia Mint can strike as many as one million coins in a half-hour whereas it would have taken the “Ye Olde Mint” three years to produce the same amount of coins.







Designers & Engravers




us coins designers engravers

The initials found on the bottom half of U.S. minted coinage are those of the coin's Designer, and the Engraver. 

On the coin photo, to the right, you can see the Designer's initials and the Engraver's initials are circled in red.

If the coin has the same designer and engraver, there is no specification as to which side of the coin the initials will be found, however, they will be found somewhere on the bottom half of the coin.

This method of recognizing a U.S. coin's designer and engraver is commonplace among modern US coins.






US Bullion Coin Values




The "Face Value" of a bullion coin, does not represent the "Real Value" of a precious metal bullion coin.

US Bullion Coins are bought and sold based on the current market spot price of gold, silver or platinum, plus a small premium to cover minting, handling, distribution, and marketing costs. 

Gold, Silver and Platinum Spot Price Charts are located on every one of the bullion coin pages below.







US Bullion Coins











American Eagle Gold
Bullion Coins


1986 - Present




1 oz american eagle gold - obverse
1 oz american eagle gold














1oz. American Eagle Gold Bullion Coins






1/2 oz american eagle gold - obverse
1/2 oz american eagle gold














1/2 oz. American Eagle Gold Bullion Coins






1/4 oz american eagle gold - obverse
1/4 oz american eagle gold














1/4 oz. American Eagle Gold Bullion Coins






1/10 oz american eagle gold - obverse
1/10 oz american eagle gold














1/10th oz. American Eagle Gold Bullion Coins






American Buffalo Gold
Bullion Coins


2006 - Present




1oz gold buffalo
1oz gold buffalo














1oz. American Buffalo Gold Bullion Coins 







Buy Gold And Silver Coins
BGASC - Customer Reviews link
Affiliate Ad









American Eagle Silver
Bullion Coins


1986 - Present




amer eagle silver
amer eagle silver














1oz. American Eagle Silver Bullion Coins 







American the Beautiful
Silver Bullion Coins


2010 - Present





5oz america the beautiful silver
5oz america the beautiful silver














5oz. America the Beautiful Silver Bullion Coins 








American Eagle Platinum
Bullion Coins


1997 - Present





one oz platinum eagle - obverse
one oz platinum eagle - reverse














1 oz. American Eagle Platinum Bullion Coins






half oz platinum eagle - obverse
half oz platinum eagle - reverse














1/2 oz. American Eagle Platinum Bullion Coins






quarter oz platinum eagle - obverse
quarter oz platinum eagle - reverse














1/4 oz. American Eagle Platinum Bullion Coins








tenth oz platinum eagle - obverse
tenth oz platinum eagle - reverse














1/10 oz. American Eagle Platinum Bullion Coins







American Eagle Platinum
Bullion Coins


2017 - Present





1oz. American Eagle Palladium Bullion Coins - obverse
1oz. American Eagle Palladium Bullion Coins - reverse














1oz. American Eagle Palladium Bullion Coins






Other Pages you may like




Johnson Matthey

Bullion Refiner

Johnson Matthey


cancer research






U.S. Mint & U.S. Bullion Coins



Sources:

The US Mint

U.S.A. Philadelphia

Book (1909) - "YE OLDE MINT" by Frank H. Stewart Electric Co.



Canadian Coin & Currency

Canadian Coin & Currency - Better Business Bureau Reviews

Affiliate Ad






For the Best Bullion Market News...


Return from the US Bullion page

&

Visit the Homepage










Free Bullion Investment Guide




Enjoy this page? Please pay it forward. Here's how...

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.

search

   Search the Guide

search engine by freefind





PayPal, Debt, or
Credit Card



Cancer Awareness - March Colorectal Cancer - Nano
Cancer Awareness - March Kidney Cancer - Nano
Cancer Awareness - March Multiple Myeloma  Cancer - Nano





Gold per Troy Oz. (ozt.)



2021 Silver American Eagle
(BU - Type I)

from: Money Metals Exchange


Silver per Troy Oz. (ozt.)


recent guide updates

Bullion News on the Homepage



Updated  2/10/23

2023

Chinese Bullion

Gold and Silver Panda Coins

Mintage Figures

&

Coin Images

2023 30gram Gold Panda REV
2023 30gram Silver Panda REV1



U.S. Bullion

Updated

Mintage Figures




Updated 1/19/2023

2022

Silver Libertad

Mintage Figures

silver libertad



2022

Gold Libertad

Mintage Figures




Updated

Russian Bullion

Gold and Silver Coins

Mintage Figures

1oz. Russian Silver bullion coin rev
Russian gold bullion coin rev



2021

Austrian Philharmonic

Bullion Coin Mintages

Updated




2022

Israel - Jerusalem of Gold  - 1oz. Bullion Coin

Mintage Figures

&

Coin Images

2022 - 1oz. Jerusalem of Gold - Ein Karem - Bullion Coin



Australian Bullion Coin Mintage Figures




2021

Type II - Gold and Silver 

American Bullion Coins

Updated




Cancer Awareness Information & Resources page

Cancer Awareness Gold Nano-Ribbon

Continuously Updated













Gold per Troy Oz. (ozt.)


Silver per Troy Oz. (ozt.)



Weekly

Top 10 pages of the Free-Bullion-Investment-Guide.com

pages



Home page




Gold

Price Charts




Canadian

Silver Maple Leaf




Mexican Silver

Libertad




Engelhard

Bullion Refiner




Johnson Matthey

Bullion Refiner




Mexican Gold

Libertad




Silver Price

Charts




Mexican Fractional

Gold Libertads




Australian Silver

Kookaburra







Affiliate Ads






























Buy Gold And Silver Coins
BGASC - Customer Reviews link





















SD Bullion





















SilverGoldBull





















Buy Silver, Gold & Rare Coin from Universal Coin & Bullion