Misplaced Pages

West Point Mint

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
#895104

50-562: The West Point Mint is a U.S. Mint production and depository facility erected in 1937 near the U.S. Military Academy in West Point , New York , United States. As of 2019 the mint holds 22% of the United States' gold reserves , or approximately 54,000,000 troy ounces (1,700,000 kg) (over $ 100 billion USD as of 2021). The mint at West Point is second only to the gold reserves held in secure storage at Fort Knox . Originally,

100-794: A privy mark . The privy design features the text "V75", celebrating the 75th anniversary of the end of World War II inside an outline of the Rainbow Pool at the World War II Memorial in Washington, DC. Over the course of the series, four mint marks were used on the America the Beautiful quarters. Quarters produced at the Philadelphia and Denver Mints feature the P and D mint marks respectively. In 2010 and 2011,

150-495: A 4-acre (1.6 ha) parcel of land. U.S. Route 9W , combined with NY Route 218 run north-south through West Point. New York Route 293 also runs northeast-southwest through the post. Running through the lower portion of the town is U.S. Route 6 , combined with the upper extent of the Palisades Interstate Parkway . The New York Central Railroad well into the 1950s operated several passenger trains

200-734: A day on the West Shore Railroad through the academy's Gothic style station; both the limited stop trains bound for Albany and the local trains to Newburgh and Kingston made stops at the station. Service finally ended in 1958. Highland Falls-Fort Montgomery Central School District is the local school district. James I. O'Neill High School is its high school. The Department of Defense Education Activity (DoDEA) maintains elementary and middle schools for children of military personnel on-post at USMA, but sends high school aged students who are dependents of on-base military personnel to O'Neill. In March 2022 USMA's contract with O'Neill

250-567: A hundred men at West Point. However, it was still the largest post in the army in the immediate years after the Revolutionary War. Favoring West Point due to its location and defenses, Henry Knox and Alexander Hamilton made the first official recommendation to establish a military academy at West Point in 1790. However, Congress rejected the proposal, although earlier in 1790, New York merchant and American Revolution patriot Stephen Moore sold his estate (known as "Moore's Folly") to

300-462: A meeting with British Major John André to discuss information on West Point. A meeting was set for September 11, however, Arnold and André did not meet until September 21. Carrying the plans for West Point, André was captured on September 23 by three militiamen, and the information to West Point was found. After Arnold's betrayal, the fort, which was also known as Fort Arnold at the time, was renamed to Fort Clinton after General James Clinton. After

350-459: A national natural or historic site such as national parks , national historic sites , or national forests – one from each state, the federal district , and each territory. The program was authorized by the America's Beautiful National Parks Quarter Dollar Coin Act of 2008 ( Pub. L.   110–456 (text) (PDF) . Quarters were issued with reverse designs commemorating national parks and sites in

400-528: A second story, the mint was a 170-by-256-foot (52 by 78 m) one-story reinforced concrete structure with a flat roof. The walls are mostly featureless with some recessed arches at the entryways. It is on a 4-acre (1.6 ha) parcel of land near the northern facilities of the United States Military Academy , with parking lots on either side. The interior contains minting presses and bullion compartments. As of 1937, it served as

450-605: A series of letters to Clinton, one of which was written on July 12, making explicit the offer to surrender West Point to the British , later for a finalized offer of £ 20,000. On August 3, 1780, Arnold obtained command of West Point, which also gave him command of the American-controlled portion of the Hudson. Arnold then intentionally started weakening the fort's defenses, and through a letter sent to Clinton, proposing

500-574: A storage facility for silver bullion and was thus nicknamed "The Fort Knox of Silver." Even without United States Mint status, it produced U.S. coinage. From 1974 through 1986, the West Point Mint produced Lincoln cents bearing no mint mark , making them indistinguishable from those produced at the Philadelphia Mint . The years 1977 to 1979 saw Washington quarters produced as well. Approximately 20 billion dollars worth of gold

550-572: Is determined by the current value of silver and the 2010 issues sold for $ 279.95. Many subsequent issues have even lower mintages and higher secondary market values. The 2008 legislation gave the Treasury Secretary the option of ordering a second round of 56 national parks quarters by 2018, but Steven Mnuchin did not do so. According to the legislation, once the America the Beautiful Quarters Program ended in 2021,

SECTION 10

#1732772318896

600-608: Is located at 41° 23′ 42" N 73° 57' 18" W (41.395° N 73.955° W). According to the United States Census Bureau , the CDP has a total area of 25.1 sq mi (65 km ); 24.3 sq mi (63 km ) land and 0.7 sq mi (1.8 km ) water. It is located in the town of Highlands and is in Orange County . West Point and the contiguous village of Highland Falls are on the western bank of

650-634: The American Revolutionary War , and later called it "the most important Post in America" in 1781 following the war's end. West Point also was the site of General Benedict Arnold 's failed attempt at treason during the Revolutionary War. West Point was first occupied by the United States Armed Forces in January 1778, when Brigadier General Samuel Holden Parsons and his brigade occupied West Point. From then to

700-791: The Hudson River . West Point has a humid continental climate ( Köppen Dfa ), with four distinct seasons. Summers are hot and humid, while winters are cold with moderate snowfall. The monthly daily average temperature ranges from 27.5 °F (−2.5 °C) in January to 74.1 °F (23.4 °C) in July. The average annual precipitation was approximately 51.47 in (1,310 mm) from 1991-2020; snow averaged at 35.7 in (91 cm) from 1991-2020, although this total may vary considerably from year to year. Extremes in temperature range from 106 °F (41 °C) on July 22, 1926, down to −7 °F (−22 °C) on January 22, 1984. As of

750-656: The National Park Service in its National Register listings, though Google Maps gives the site as 1063 NY-218, West Point, NY 10996. West Point, New York West Point is the oldest continuously occupied military post in the United States . Located on the Hudson River in New York , General George Washington stationed his headquarters in West Point in the summer and fall of 1779 during

800-617: The San Francisco Mint (S mint mark) produced quarters exclusively for the annual Proof Set. In 2012, San Francisco started producing America the Beautiful quarters in the standard circulation finish of the P and D quarters for sale to collectors. On April 2, 2019, the United States Mint announced that the West Point Mint would release 10,000,000 quarters (2,000,000 of each design released that year) with

850-517: The West Point Mint . Two million of each of the year's five issues, mixed in bags with the common "P" and "D" coins, were scheduled for distribution at various major cities. Intended to increase interest in coin collecting, these products are not available by order from the Mint. Also notable are the 2010 satin finish quarters issued only in 2010 mint sets with a low mintage of 583,897, and proof and silver proof issues, some with mintages almost as low as

900-445: The census of 2020, there were 7,341 people, and 860 households residing in the CDP, with the average household size being 3.79 persons per household. The population density was 398.2 inhabitants per square mile (153.7/km ). The racial makeup of the CDP was 69.3% white , 5.4% African American , 0.2% Native American , 4.4% Asian , 0.2% Pacific Islander , and 10.3% from two or more races. Hispanic or Latino of any race were 12.0% of

950-549: The "S" mint-marked coins. As of January 2013 initial United States Mint sales figures indicated that between 1.3 million and 1.6 million of each 2012 design had been struck at the San Francisco Mint, close to the announced mintage of 1.4 million for each design. Direct U.S. Mint sales of rolls and bags of uncirculated business strike coins continued with the 2013 America the Beautiful quarter issues, with actual quantities again determined by customer orders. The mintages of

1000-404: 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

1050-412: The "W" mint mark. This was the first time the mint mark appeared on a circulating coin. The quarters were mixed into uncirculated bags and rolls of the quarters to stimulate public interest in coin collecting. before August 20, 2019 (accidental release) (November 10, 1978) before October 29, 2019 (accidental release) (July 23, 1980) Of the 56 designs there are Beginning with

SECTION 20

#1732772318896

1100-407: 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 depository, and silver is kept on site only in quantities to meet minting demands. Due to the presence of such large quantities of gold bullion on site, security is high; for this reason, it is closed to the public, and its address is withheld by

1150-702: The 2010 satin finish quarters. There are collector versions of the America the Beautiful 5-ounce Silver Bullion Coin Program which debuted on December 10, 2010. They feature an uncirculated finish and contain a ‘P’ mintmark indicating they were struck at the US Mint's facility in Philadelphia. The bullion coins were also struck in Philadelphia but contain no mintmark. The United States Mint struck these coins late in 2010 with an extremely limited mintage of only 27,000. The Mint had insufficient time to strike more before

1200-483: The 2020 coins including a special "V 75" privy mark commemorating the 75th anniversary of the end of World War II . 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

1250-685: The El Yunque (Puerto Rico) design in the America the Beautiful Quarters Program, the U.S. Mint began selling (at a premium) uncirculated 40-coin rolls and 100-coin bags of quarters with the San Francisco mint mark. These coins were not included in the 2012 uncirculated sets or the three-coin ATB quarter sets (which consisted of an uncirculated "P" and "D" and proof "S" specimen) and no "S" mint-marked quarters are being released into circulation, so that mintages will be determined solely by direct demand for

1300-608: The Hudson River in November 1775, which first recommended occupying the land. Construction of the fort was begun under Captain Louis de la Radiere as chief engineer of the fort, however, New York Governor George Clinton thought that Radiere was "lacking" in the knowledge needed to hold his position. Thus it was completed under Polish Colonel Tadeusz Kościuszko between 1778–1780; it was a key defensive fortification, overlooking

1350-478: The Hudson. Early on in May 1779, General Benedict Arnold had met with a Philadelphia merchant named Joseph Stansbury. Afterwards, Stansbury had gone to Sir Henry Clinton, to whom he offered Arnold's "services". Clinton had been pursuing a campaign to take control of the Hudson River, so he had been interested in the plans and information of the defenses of West Point and other defenses on the Hudson River. Arnold wrote

1400-543: 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

1450-470: The United States, following an Act of Congress that solidified the sale on September 10, 1790, for $ 11,085, which meant Congress had gained full possession of the fort. The United States Military Academy was established at West Point in 1802. It is the nation's oldest service academy, and is metonymically called "West Point" as well. West Point has the distinction of being the longest continuously occupied United States military installation. West Point

1500-692: The West Point Mint was called the West Point Bullion 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 of the United States Mint on March 31, 1988. Later that year it was listed on the National Register of Historic Places . Prior to its 2005 remodel that added

1550-539: The conclusion of the American Revolution, West Point was used as a storage facility for cannon and other military property used by the Continental Army and until November 28, 1779, was used as the temporary headquarters to George Washington, who called it "the most important Post in America" in 1781. Viewing a standing army as "dangerous", Congress demobilized American forces but left fewer than

West Point Mint - Misplaced Pages Continue

1600-462: The end of the war. A great iron chain was laid across the Hudson at this point in 1778 in order to prevent British Navy vessels from sailing further up the Hudson River, which was never tested by the British. The site comprised multiple redoubts , as well as Fort Putnam , situated on a high hill overlooking the river. Named after its builder, Revolutionary War General and engineer Rufus Putnam ,

1650-511: The end of the year owing to initial production difficulties with both America the Beautiful Five Ounce Coin series. This forced the Mint to only release these Hot Springs Coins the following year on April 28, 2011. Demand was intense in the first hours of availability with collectors ordering 19,000 of them in the first nine hours. Within two weeks, the Mint indicated a sell-out of the limited mintage strikes. Each coin's price

1700-418: The fort is still preserved in its original design. Parliament sent instructions to General Sir Henry Clinton to force George Washington out of West Point. Clinton decided to capture the strategically important posts Stony Point and Verplanck's Point, which were twelve miles south of West Point. Clinton captured the forts on June 1, 1779. To block the British advance, Washington moved his troops further up

1750-411: The helmet of Pallas Athena on the reverse. The coin was produced only at the West Point Mint. 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

1800-458: The navigation of Hudson river was at West Point." A fort there, Fort Clinton, named after the governor 's brother, Colonel James Clinton (whose brigade built the main fort), was built as well. The southern and western walls were nine feet high and twenty feet thick. Three redoubts and batteries on the south were named Forts Meigs, Wyllys, and Webb. West Point was staffed by a small garrison of Continental Army Soldiers from early in 1776 through

1850-465: The obverse of the quarter reverted to the original Flanagan design used from 1932 until the start of the 50 State Quarter Program. However, the reverse was redesigned to feature General Washington crossing the Delaware River , the same theme that was used on the 1999 New Jersey quarter. The new quarter was released on April 5, 2021, and was minted for the rest of the year. With the passage of

1900-576: The order of which that park or site was deemed a national site. The quarters from three states depict parks or sites that were previously portrayed on the state quarters ( Grand Canyon in Arizona , Yosemite in California , and Mount Rushmore in South Dakota ). While they depict the same sites, they bear new designs. In 2020, the obverses of the quarters struck at West Point also include

1950-508: The population is below the poverty line . In 1937, the West Point Bullion Depository was constructed and in 1938 opened to store silver bullion . In 1988, it became the West Point Mint , as a branch of the United States Mint and gained official status as a branch of the United States Mint on March 31 of that year. The West Point Mint has a deep storage of 54,067,331.379 fine troy ounces of gold. It sits on

2000-426: The population. The age distribution is 23.5% under the age of 18, and 0.4% who were 65 years of age or older. There were 860 households, out of which 79.5% were a married couple family household, 16.4% had a female householder with no spouse present, and 3.3% had a male householder with no spouse present. The average household size was 3.79. The median income for a household in the CDP was $ 121,219. About 2.3% of

2050-478: The present, West Point has been occupied by the United States Army. It comprises 25.1 sq mi (65 km ) land and water including the campus of the United States Military Academy , which is commonly called "West Point" as well. West Point is a census-designated place (CDP) located in the town of Highlands in Orange County , located on the western bank of the Hudson River. The population

West Point Mint - Misplaced Pages Continue

2100-560: 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 . 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

2150-569: The turn in the Hudson River and the Great Chain . On January 27, 1778, Brigadier General Samuel Holden Parsons and his brigade, including elements of Connecticut Colony 's patriot militia , crossed an iced over Hudson River and climbed to the plain on West Point. General George Washington watched the construction of the fort closely and considered the fort to be General Alexander McDougall 's "first priority". In 1778, Major General Israel Putnam wrote, "The place agreed upon to obstruct

2200-434: The uncirculated "S" quarters are considerably lower than that of the "P" and "D" mint-marked coins and are comparable to the 1996-W Roosevelt Dime (also not issued for circulation), which sells in the neighborhood of $ 20 each in an average grade. As of 2019, uncirculated "S" quarters can be obtained from dealers for about three to four times their face value. In 2019 the Mint began to release "W" mintmarked quarters produced at

2250-492: Was 7,341 at the 2020 census . It is part of the New York–Newark–Jersey City, NY–NJ–PA Metropolitan Statistical Area as well as the larger New York–Newark, NY–NJ–CT–PA Combined Statistical Area . The site for West Point was originally picked because of the pronounced S-curve in the Hudson River at that point during the American Revolutionary War , and was the subject of a committee reporting on fortifications in

2300-401: Was granted mint status on March 31, 1988 ( Pub. L.   100–274 ). 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 on the obverse and

2350-411: 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

2400-461: 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 . 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

2450-591: Was renewed. America the Beautiful Quarters The America the Beautiful quarters (sometimes abbreviated ATB quarters ) were a series of fifty-six 25-cent pieces ( quarters ) issued by the United States Mint , which began in 2010 and lasted until 2021. The obverse (front) of all the coins depicts George Washington in a modified version of the portrait used for the original 1932 Washington quarter . There were five new reverse (back) designs each year (one in 2021), each commemorating

2500-496: 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 U.S. gold coin 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

#895104