Coins of the United States dollar

related topics
{@card@, make, design}
{company, market, business}
{style, bgcolor, rowspan}
{language, word, form}
{work, book, publish}
{land, century, early}
{service, military, aircraft}
{government, party, election}
{album, band, music}
{son, year, death}



United States coinage was first minted by the new republic in 1792. New coins have been produced every year since then and they make up a valuable aspect of the United States currency system. Today circulating coins exist in denominations: $0.01, $0.05, $0.10, $0.25, $0.50, and $1.00. Also minted are bullion and commemorative coins. All of these are produced by the United States Mint. The coins are then sold to Federal Reserve Banks which in turn are responsible for putting coins into circulation and withdrawing them as demanded by the country's economy.

Contents

Current coinage

Today four mints operate in the United States producing billions of coins each year. The main mint is the Philadelphia Mint, which produces circulating coinage, mint sets and some commemorative coins. The Denver Mint also produces circulating coinage, mint sets and commemoratives. The San Francisco Mint produces regular and silver proof coinage, and produced circulating coinage until the 1970s. The West Point Mint produces bullion coinage (including proofs). Philadelphia and Denver produce the dies used at all of the mints. The proof and mint sets are manufactured each year and contain examples of all of the year's circulating coins.

The producing mint of each coin may be easily identified, as most coins bear a mint mark. The identifying letter of the mint can be found on the front side of most coins, and is often placed near the year. Unmarked coins are issued by the Philadelphia mint. Among marked coins, Philadelphia coins bear a letter P, Denver coins bear a letter D, San Francisco coins bear a letter S, New Orleans coins bear a letter O and West Point coins bear a letter W. S and W coins are rarely, if ever, found in general circulation, although S coins bearing dates prior to the mid-1970s are in circulation. CC and D mint marks were used for a short time in the early-to-mid-nineteenth century by temporary mints in Carson City, Nevada and Dahlonega, Georgia, respectively; all such coins are now in the hands of collectors and museums.

Coins in circulation

Remarks

Bullion coins

Non-circulating bullion coins have been produced each year since 1986. They can be found in silver, gold and also platinum since 1997. The face value of these coins is legal as tender, but does not actually reflect the value of the precious metal contained therein.

Full article ▸

related documents
Thai baht
Jigsaw puzzle
Kimono
Diamond cutting
Engraving
Quilting
Machete
Patchwork
Pattern welding
Drawing board
Worsted
Shield
Whipping knot
Pulley
Euro coins
Arrow
Helmet
Constrictor knot
Japanese school uniform
Grappling
Crochet
Taut-line hitch
Greek drachma
Vellum
Conveyor belt
CMYK color model
Lock picking
Magenta
Fan (implement)
Pickelhaube