West Point Mint

U.S. Bullion Depository, West Point, New York
A large light-colored building with a flat roof seen from above, surrounded by bare trees.
Mint building from U.S. 9W, 2008
LocationWest Point, NY
Nearest cityPeekskill
Coordinates41°23′47″N 73°58′56″W / 41.39639°N 73.98222°W / 41.39639; -73.98222
Area4 acres (1.6 ha)[1]
Built1937[1]
ArchitectLouis A. Simon[1]
NRHP reference No.88000027
Added to NRHP1988

The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point, New York, United States. As of 2019 the mint holds 22% of the United States' gold reserves, or approximately 54,000,000 troy ounces (1,700,000 kg)[2] (over $100 billion USD as of 2021). The mint at West Point is second only to the gold reserves held in secure storage at Fort Knox. Originally, the West Point Mint was called the West Point Bullion Depository.[3] At one point it had the highest concentration of silver of any U.S. mint facility,[1] and for 12 years produced circulating Lincoln cents. It has since minted mostly commemorative coins and stored gold.

It gained official status as a branch of the United States Mint on March 31, 1988. Later that year it was listed on the National Register of Historic Places.[4]

  1. ^ a b c d Daddio, William F. (May 28, 1987). "National Register of Historic Places nomination, U.S. Bullion Despository, West Point". New York State Office of Parks, Recreation and Historic Preservation. Archived from the original on March 4, 2016. Retrieved July 28, 2010.
  2. ^ "A rare look inside the West Point Mint's massive gold vaults and coin operations". FOX 5 New York. April 17, 2019. Retrieved February 21, 2021.
  3. ^ "West Point Mint Facility". United States Mint. June 3, 2016. Retrieved June 12, 2019.
  4. ^ "The West Point Mint Facility". Gold Coins Trader. Archived from the original on March 31, 2012. Retrieved January 19, 2013.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne