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The West Point Mint is a
U.S. Mint The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; tha ...
production and depository facility erected in 1937 near the U.S. Military Academy in
West Point The United States Military Academy (USMA), also known Metonymy, metonymically as West Point or simply as Army, is a United States service academies, United States service academy in West Point, New York. It was originally established as a f ...
,
New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...
, United States. the mint holds 22% of the United States'
gold reserves A gold reserve is the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders (e.g. paper money), or trading peers, during the eras of the gold standard, and also as a store of v ...
, or approximately 54 million ounces (over $100 billion USD ). The mint at West Point is second only to the gold reserves held in secure storage at
Fort Knox Fort Knox is a United States Army installation in Kentucky, south of Louisville and north of Elizabethtown. It is adjacent to the United States Bullion Depository, which is used to house a large portion of the United States' official gold re ...
. Originally, the West Point Mint was called the West Point
Bullion Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes fro ...
Depository. At one point it had the highest concentration of silver of any U.S. mint facility, 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 A branch, sometimes called a ramus in botany, is a woody structural member connected to the central trunk of a tree (or sometimes a shrub). Large branches are known as boughs and small branches are known as twigs. The term '' twig'' usuall ...
of the
United States Mint The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; tha ...
on March 31, 1988. Later that year it was listed on the
National Register of Historic Places The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic ...
.


Building

Prior to its 2005 remodel that added a second story, the mint was a one-story
reinforced concrete Reinforced concrete (RC), also called reinforced cement concrete (RCC) and ferroconcrete, is a composite material in which concrete's relatively low ultimate tensile strength, tensile strength and ductility are compensated for by the inclusion ...
structure with a flat roof. The walls are mostly featureless with some recessed arches at the entryways. There are four
turret Turret may refer to: * Turret (architecture), a small tower that projects above the wall of a building * Gun turret, a mechanism of a projectile-firing weapon * Objective turret, an indexable holder of multiple lenses in an optical microscope * M ...
s at the corners that are actively used in the building's security. It is on a parcel of land near the northern facilities of the
United States Military Academy The United States Military Academy (USMA), also known Metonymy, metonymically as West Point or simply as Army, is a United States service academies, United States service academy in West Point, New York. It was originally established as a f ...
, with parking lots on either side. The interior contains minting presses and bullion compartments.


History

As of 1937, it served as a storage facility for
silver Silver is a chemical element with the symbol Ag (from the Latin ', derived from the Proto-Indo-European ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical ...
bullion and was thus nicknamed "The
Fort Knox Fort Knox is a United States Army installation in Kentucky, south of Louisville and north of Elizabethtown. It is adjacent to the United States Bullion Depository, which is used to house a large portion of the United States' official gold re ...
of Silver." Even without United States Mint status, it produced U.S. coinage. From 1974 through 1986, the West Point Mint produced
Lincoln cent The Lincoln cent (sometimes called the Lincoln penny) is a one-cent coin that has been struck by the United States Mint since 1909. The obverse or heads side was designed by Victor David Brenner, as was the original reverse, depicting two stalks ...
s bearing no
mint mark A mint mark is a letter, symbol or an inscription on a coin indicating the mint where the coin was produced. It should not be confused with a mintmaster mark which is the mark of the mintmaster. History Mint marks were first developed to locate ...
, making them indistinguishable from those produced at the
Philadelphia Mint The Philadelphia Mint in Philadelphia was created from the need to establish a national identity and the needs of commerce in the United States. This led the Founding Fathers of the United States to make an establishment of a continental national ...
. The years 1977 to 1979 saw Washington quarters produced as well. Approximately 20 billion dollars' worth of gold was stored in its vaults in the early 1980s (although this was still significantly less than at Fort Knox). September 1983 saw the first appearance of the "W" mint mark (from this still unofficial U.S. Mint) on a $10 gold coin commemorating the 1984 Los Angeles Olympic Games. This was the first
legal tender Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in ...
U.S.
gold coin A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buf ...
minted since 1933. In 1986, American Gold Eagle bullion coins were solely produced at this facility, again, with no mint mark. The West Point Bullion Depository was granted mint status on March 31, 1988 (). Starting in 1999 American Silver Eagle bullion coins were also produced at the mint. In 2002, the U.S. Military Academy at West Point was honored for its 200th anniversary, and a bicentennial commemorative silver dollar was issued and unveiled on March 16 of that year, featuring a cadet
color guard In military organizations, a colour guard (or color guard) is a detachment of soldiers assigned to the protection of regimental colours and the national flag. This duty is so prestigious that the military colour is generally carried by a young ...
on the
obverse Obverse and its opposite, reverse, refer to the two flat faces of coins and some other two-sided objects, including paper money, flags, seals, medals, drawings, old master prints and other works of art, and printed fabrics. In this usage, ...
and the helmet of Pallas Athena on the reverse. The coin was produced only at the West Point Mint.


Special West Point coinage

An unusual coinage from West Point occurred in 1996, when a commemorative Roosevelt dime was produced for the 50th anniversary of the design. Given as an insert with the standard mint sets sold that year, over 1.457 million were produced. Thus, although this "W"-mint-marked dime is not particularly scarce, it was made only for collectors. In 2015 another "W"-mint-marked dime was issued along with a 2015-W dollar, these as part of a three-coin set to commemorate the
March of Dimes March of Dimes is a United States nonprofit organization that works to improve the health of mothers and babies. The organization was founded by President Franklin D. Roosevelt in 1938, as the National Foundation for Infantile Paralysis, to comb ...
. Only 75,000 sets were produced. In 2014, a reverse-proof silver Kennedy Half Dollar which was part of a commemorative set, along with the 24K gold proof Kennedy Half Dollar were produced there to commemorate the 50th anniversary of the Kennedy Half Dollar design, again with the "W" mint mark. In 2015, the West Point Mint struck Sacagawea Dollars for the first time. Released as part of a special “Native American Coin and Currency Set”, only 90,000 were produced. The first cents to display the "W" mint mark were produced for collectors in 2019. These West Point Lincoln cents were added to traditional mint and proof sets and were minted in three different finishes. An uncirculated 2019-W cent was included with the uncirculated set, a proof 2019-W cent was included with the proof set, and a reverse-proof 2019-W cent was included with the silver proof set. There are no mintage limits for these sets and individual buyers are not limited in the quantities they are allowed to order. On April 2, 2019 the United States Mint announced that 10 million quarters would be placed into circulation containing the "W" mint mark in an effort to promote the hobby of coin collecting. Although quarters had been produced at the West Point Mint before, none of them included the "W" mint mark. These quarters are a part of the "America the Beautiful" quarters program; 2 million of each of the five national park quarters released in 2019 were scheduled to contain the "W" mint mark. This was continued in 2020, with the 2020 coins including a special "V 75" privy mark commemorating the 75th anniversary of the end of
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
. On January 10, 2020, the United States Mint announced that each of the three annual sets released in 2020 would include a "W"-mint-marked Jefferson nickel, just as was done with the Lincoln Cents the previous year. A proof nickel was included with the clad proof set and a reverse-proof nickel with the silver proof set. Originally the uncirculated coin set was to contain a 2020-W uncirculated nickel, but this plan was scrapped due to the ongoing coin shortage caused by the coronavirus pandemic.


Present

Today, all American Eagle series proof and uncirculated bullion coins in gold, silver, platinum, and palladium are produced at West Point, along with all gold commemorative and a few silver commemorative coins. Bullion and proof gold Eagles and some uncirculated and all proof silver Eagles, as well as all commemoratives from West Point are struck with the "W" mint mark. Since 2006, the West Point Mint has also made all American Buffalo gold bullion coins. The West Point Mint still acts as a gold
bullion Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes fro ...
depository, and silver is kept on site only in quantities to meet minting demands. Due to the presence of so much gold bullion on site, security is high. The mint does not give public tours, and its address is withheld by the
National Park Service The National Park Service (NPS) is an agency of the United States federal government within the U.S. Department of the Interior that manages all national parks, most national monuments, and other natural, historical, and recreational properti ...
in its National Register listings, though
Google Maps Google Maps is a web mapping platform and consumer application offered by Google. It offers satellite imagery, aerial photography, street maps, 360° interactive panoramic views of streets (Street View), real-time traffic conditions, and rou ...
gives the site as 1063 NY-218, West Point, NY 10996.


See also

* List of Mints *
Historical United States mints The following is a list of United States mints, past and present: From 1965 to 1967 all U.S. coins were struck without mint marks. As it was clear from Gresham's law that the rising cost of silver (and the ensuing removal of most silver from co ...
*
American Arts Commemorative Series medallions American Arts Commemorative Series Medallions are a series of ten gold bullion medallions that were produced by the United States Mint from 1980 to 1984. They were sold to compete with the South African Krugerrand and other bullion coins. The ...
* National Register of Historic Places listings in Orange County, New York


References


External links


West Point Mint Facility at the U.S. Mint website
{{National Register of Historic Places in New York United States Mint Buildings and structures in Orange County, New York National Register of Historic Places in Orange County, New York Mints of the United States Government buildings completed in 1937 Manufacturing plants in the United States Highlands, New York Industrial buildings and structures on the National Register of Historic Places in New York (state) Government buildings on the National Register of Historic Places Warehouses on the National Register of Historic Places