Tag: US Mint
In the Covid year 2020, the US Mint produced over 24 percent more circulation coins than in the previous year: 15.5 billion coins, nearly a record. This is due to a constant shortage of cash in the USA. However, the Mint alone cannot solve this issue.
The new Basketball Hall of Fame Commemorative Coins are the first colored Coins in the History of the United States. The two colorized versions are part of a coin program minted in recognition of the 60th Anniversary of the Naismith Memorial Basketball Hall of Fame.
New Mexico artist Glenna Goodacre – well known to coin collectors as the designer of the Sacagawea dollar – has died of natural causes at the age of 80. She passed away at her home in Santa Fe the evening of Monday, April 13, 2020.
In 1792, US Congress decided to establish a national mint in the then capital Philadelphia. Over the centuries buildings have changed, and the fourth Philadelphia facility was built exactly 50 years ago. It has become the world’s largest mint in both size and production.
In January 2018 the US Mint reinstated its Mutilated Coin Redemption Program in order to enable people and businesses to exchange mutilated coins for reimbursement. After a previous suspension of nearly 3 years to develop safeguards the Mint has decided to suspend it again.