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Duties & Functions
U.S. Mint
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The United States Mint was created by Congress
on , 1792, within the Department of State.
The Mint was made an independent agency in 1799,
and under the , became part of the Treasury
Department. It was placed under the auspices of the
in 1981.
Mint facilities in , , , and , along with many
other locations throughout our history, country
strike all of the nation's coinage. The United
States' gold bullion reserves are protected by the
Mint at the and the . The Mint
manages extensive commercial marketing programs.
The product line includes special coin sets for
collectors, national medals, , and commemorative coins marking
national events such as the Bicentennial of the
Constitution. The Mint's functions include:
- Producing domestic, bullion and foreign
coins;
- Manufacturing and selling national
commemorative medals;
- Designing, producing, and marketing special
coinage;
- Manufacturing and selling proof and
uncirculated coin sets and other numismatic
items;
- Safeguarding and controlling the movement of
bullion;
- Disbursing gold and silver for authorized
purposes;
- Distributing coins from the Mints to Federal
Reserve Banks.
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