2006-11-29 10:40:10 · 3 answers · asked by egale10@verizon.net 1 in Business & Finance ➔ Investing
It doesn't produce the generally circulated coins, but does mint proof coin sets. Mostly it is a museum. The mint was closed in 1937 (hint, it was a depression year) and reopened at a new location. It used to handle about a third of the nation's gold and silver (hint, a lot of it was mined and refined in California and nearby Nevada, which was why it was opened in the first place) and made coin and currency for other countries. Look for "San Francisco" in the last link for examples of this latter fact.
2006-11-29 11:41:11 · answer #1 · answered by Rabbit 7 · 0⤊ 0⤋
San Francisco still mints proof sets. The regular proof sets as well as the silver sets are produced there. Very nice stuff!
2006-11-29 12:43:08 · answer #2 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
If I remember correctly, they were producting coins that were not the same as the ones being produced by the mint in washington.
Also, at that time counterfieting, even of coins was ramped so the best way to counter it was to produce coins from one central location only.
2006-11-29 10:46:09 · answer #3 · answered by BionicNahlege 5 · 0⤊ 0⤋