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The
United
States Mint makes sure people in the
U.S. have coins to spend, save, or
collect. In colonial America, people
used coins from other countries,
livestock, or crops to pay for goods and
services. The U.S. Mint was created in
1792 so that America could have one
standard form of money. The mission of
the U.S. Mint is to serve the American
people by manufacturing and distributing
circulating, precious metal and
collectible coins and national medals,
and providing security over assets
entrusted to us. Since our institution’s
founding in 1792, the Mint has taken
great pride in rendering the story of
our nation in coins. To hold a coin or
medal produced by the Mint is to connect
to the founding principles of our nation
and the makings of our economy. The Mint
is the nation’s sole manufacturer of
legal tender coinage and is responsible
for producing circulating coinage for
the nation to conduct its trade and
commerce. The Mint also produces
Coin Products, including proof,
uncirculated, and commemorative coins;
Congressional Gold Medals; and silver
and gold bullion coins. The Mint’s
programs are self-sustaining and operate
at no cost to the taxpayer.
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The
Department of the Treasury’s Bureau of Engraving
and Printing (BEP), serves as the Federal
Government’s most secure and efficient source of
vital Government securities. The Bureau designs
and produces a variety of security
Products. As
the Government’s only source for paper currency
production, the Bureau prints billions of
Federal Reserve Notes for delivery to the
Federal Reserve System each year (the Bureau
does not produce coins; all coinage is produced
by the United States Mint). In addition, the
Bureau produces military commissions and award
certificates; invitations and admission cards;
and many different types of identification
cards, forms, and other special security
documents for a variety of Government agencies.
With production facilities in Washington, DC,
and Fort Worth, Texas, the Bureau is the largest
producer of Government security documents in the
United States. The Bureau’s research and
development efforts focus on the continued use
of automation in the production process and on
counterfeit deterrent technologies for use in
security documents, especially U.S. currency.
The Bureau also advises other Federal agencies
on document security matters. |
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