Today, the Denver Mint is the largest producer of coins in the world. Coin production in the new facility started two years later, now including both silver and gold.Īlthough the Denver Mint struck its last gold coins in the early 1930s, the legacy of this gold rush institution lives on. The new Italian Renaissance-style building was modeled after a Florentine palace and took eight years to complete, finally opening in 1904. currency in general), Congress approved plans for a much larger Denver Mint, and the current site at West Colfax Avenue was purchased in 1896, for about $60,000. To keep pace with the rapid growth of the West (and the need for U.S. A decade later, Congress granted the facility the ability to produce coins for the United States and foreign countries, and in 1895 it became an official branch of the United States Mint. Treasury Department purchased the building and opened a United States Assay office in 1863. Miners brought in gold dust and nuggets to be turned into gold bars and coins. established a private mint in 1860 in their offices at the corner of 16 th and Market Streets. To meet this need, the banking firm of Clark, Gruber & Co. Mint facilities were in San Francisco to the west and New Orleans to the east - both a long, often treacherous haul by wagon. It also created a need to turn that newly discovered gold into currency, as the closest U.S. The Colorado gold rush that began in 1858 brought thousands of miners and settlers to the territory, resulting in the founding of towns like Denver, Auraria, Breckenridge and Golden. Mint facilities in the country that offers free tours.īut a common question is, what’s it doing here?
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