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Monday, March 6, 2023

U.S. Mint At West Point, New York

Above, the 2023 American Eagle Proof coin. Note the
"W" below "In God We Trust". Photo by Armand Vaquer.

Not many people are aware that the U.S. Mint has a facility in West Point, New York near the West Point Military Academy.

The 2023 American Silver Eagle Proof coin I bought last Saturday at the National Money Show is from the West Point Mint.

From Austin Rare Coins & Bullion:

The West Point Mint manufactures the entire family of American Eagle proof and uncirculated coins in gold, silver, and platinum. Gold and Platinum Coins are manufactured in denominations of one-ounce, half-ounce, quarter-ounce and tenth -ounce. Silver bullion Coins are manufactured in one-ounce denomination.

Originally, the West Point Bullion Depository was erected in 1937 as a storage facility for Silver Bullion and was nicknamed "The Fort Knox of Silver." From 1973 to 1986, West Point produced cents, and in 1980 began striking Gold medallions.

March 31, 1988 was the date when the American Mint at West Point gained official status as a U.S. Mint. Today it is still a storage facility, but also manufactures, packages and ships Gold and Silver commemorative coins, and American Eagle Bullion coins in proof and uncirculated condition. Its Platinum Eagles have been very popular since their first issuance in 1997. In 2000, it struck the first ever Gold and Platinum Bi-Metallic Coin. There are no public tours at the West Point facility due to its extremely high security.

To read more, go here

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