Friday, October 13, 2006

Barbary Coast Trail (1) -- US Mint

The U.S. Mint is the starting point of the Barbary Coast Trail. It locates at Mission and 5th ave. When I first heard about U.S. Mint, I was wondering why mint is so important in American history, because I don't think many people like to eat mint except for mint flavored gum. :P 后来才得知,此mint非彼mint啊!Mint has another meaning which I've never known before -- mint can also be a verb, to make coins out of metals.



The United States Mint at San Francisco plays an important role in US's coinage. Although it does not currently produce circulating coins, it is the exclusive manufacturer of regular proof and silver proof coin sets that set the standard for numismatic excellence with their brilliant artistry, fine craftsmanship and enduring quality. With the California Gold Rush underway in 1849, the United States Mint was overwhelmed with the task of turning all that gold into coins. Also, transporting it all to Philadelphia for coining was both time-consuming and hazardous. So in 1850, President Millard Fillmore recommended that a branch of the United States Mint be established in California. Congress approved the plan in 1852, and the San Francisco Mint was born. In 1854, the San Francisco Mint opened its doors and began converting miners' gold into coins, producing $4,084,207 in gold pieces by December of that first year alone. The new mint soon outgrew the small brick building in which it was housed. In 1874 it moved to an imposing new facility, with walls of stone, resembling an ancient Greek temple. The Mint's production of coins was uninterrupted for 32 years, until the disastrous earthquake of 1906. Because the gas works were partially destroyed, operations stopped temporarily. But the beautiful, solidly constructed Mint building survived both the earthquake and the ensuing firestorm. In fact, the Mint was the only financial institution capable of operating immediately after the disaster and became the treasury for disaster relief funds, performing other emergency banking services as well. Coining operations resumed soon afterward and continued in this building until 1937, when Mint workers moved to a larger, more modern facility, the present United States Mint at San Francisco. Today, the United States Mint at San Francisco does not accommodate visitors, as all space is needed for personnel and machinery.

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