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Finance allah shmoop what is the u S mint It's

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this tasty sweet smelling plant that can be grown in

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the united states So it's you know us mint But

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it's not the u S Mint that would be this

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place and these three places actually yeah there are currently

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for mints in use one each in philly san francisco

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denver in a west point So what exactly do they

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do there Take mint plants and convert them into delicious

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melt in your mouth treats so we can cleanse our

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palace after a hefty meal at our favorite garlic filled

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italian restaurant Well no not quite The u S Mint

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is responsible for one hundred percent of our coinage That's

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pennies nickels dimes quarters of this one Whoever that busty

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woman is if it can be found in a change

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purse It started out here or here or here or

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here Well the u S Mint was created by congress

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in seventeen ninety two when our forefathers realized that there

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was no way to make any of the jukebox is

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work So yeah we needed small change because well back

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in their day pretty much the only thing that cost

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over ninety nine cents was a thirty foot yacht or

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a trip around the world on a mule so we

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needed something other than paper currency that started at a

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dollar And while the u S Mint was born well

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the mints use precious ish medals but not so precious

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that they're not willing to melt them and crush them

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and form them into likenesses of dead presidents Well the

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medals are fed through a series of fancy machines until

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coins pop out on the other end Well typically the

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quarters and dimes and so on that we use on

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a semi regular basis but sometimes also commemorative coins Yeah

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that's included in there too Well like when the country

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turns two hundred years old when we want to recognize

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an important person or event from history or when you

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know workers that the men are bored of coining aeneas

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Now this is all what they do Additionally there's a

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facility at fort knox where all of the u S

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Bullion is stored and no gold and silver bullion not

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bullion Birbal yang's you difference in french but don't get

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any crazy ideas about robbing the place That would be

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like while trying to break into fort knox common misconception

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the mint doesn't print paper currency that would be under

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the purview of the bureau of engraving and printing which

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will also put your loved one's name on a champagne

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flute for just twenty nine ninety five So yeah the

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u S mint does coins The bureau does dolla dolla

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bills right Those annual crosstown softball cames really gotten pretty 00:02:31.958 --> [endTime] fierce

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