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Gold Coins From The West Point Mint

February 9, 2010 – The US Mint has a long history, starting in Philadelphia in 1792 and adding locations such as Charlotte, Carson City, Dahlonega and others throughout the years. One of the last locations to be added, the West Point Mint, has become both a crucial depository of silver bullion and an important producer of both silver and gold coins for the US Treasury.

Originally opened in 1937, the West Point Mint was a storage facility for silver bullion and was referred to as “the Fort Knox of Silver.” In addition to silver, approximately $20 billion of gold was stored there in the early 1980s. While the site was not given US Mint status until 1983, a variety of circulating currency was minted there from 1977 until 1986. In 2006, the all American Buffalo gold coins were created there and today, all American Eagle proofs and uncirculated bullion coins in gold, silver and platinum come from the facility as well.

American Buffalo gold coins and American Eagle proofs and uncirculated coins from the West Point Mint are a valuable part of the US bullion market. Gold and silver American Eagle coins have been important precious metal investment assets and as of February 4, 2010, nearly 100,000 American Eagle gold coins and almost 4.1 million American Eagle silver coins have been sold for the year.

Many investors in American silver and gold coins are familiar with the history of the West Point Mint, the “Fort Knox of Silver.” This mint provides a valuable service in creating beautiful American Eagle platinum, silver and gold coins for collectors and investors alike. 

Kevin Johnson

Senior Staff Writer – GoldCoin.net

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