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UNITED STATES MINT


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The United States Mint

U.S. Standard Crate >
The First U.S. Mint

A brief history

Created over 225 years ago, on April 2nd, 1792 as part of the ‘Coinage Act of 1792,’ The United States Mint was established. The US Mint serves many functions but not limited to: production of bullion, domestic and foreign coins; production of commemorative coins that mark National events (i.e. Bicentennial of the Constitution); Special Set coins; the regulation of the movement of bullion, as well as the design, production, and marketing of medals.

Included in the Coinage Act of 1792 the standing President of the United States of America, George Washington, was authorized to erect the country’s first Federal building under the Constitution, The United States Mint, located in Philadelphia. Shortly after the creation of The US Mint, David Rittenhouse, Astronomer and Mathematician, was appointed as the first Director of The US Mint garnering a yearly salary of $2,000 or roughly $166 per month.

The first coins struck were “half disme” or pronounced as “half deem”. These half dimes were struck in the cellar of a Pennsylvanian saw maker by the name of John Harper. Some of the coins are believed to be made of George and Martha Washington’s personal silverware. Of the recorded 1,500 coins minted only about 250 are still in existence.  

See the U.S. Constitutional Crate >

U.S. Mint Product Lineup

  • American Gold Eagle
  • Gold Buffalo
  • American Silver Eagle
  • Platinum Eagle

The Gold Rush!

Another mint was created 62 years after the Philadelphia Mint had opened. The new mint would be located in San Francisco, CA to help serve the ongoing Gold Rush. Following the California based mint would be Denver, CO and West Point, NY, respectively. Each mint strikes their unique mintmark upon the coins issued. Philadelphia bears the letter “P”, San Francisco strikes “S”, Denver embosses “D” and West Point punches a “W”. 

Half Disme

A beautiful surviving specimen of a 'Half Disme.' 

Liberty coin Act

From its inception, The US Mint has produced over 780,899,000,000 coins worth an approximate value of $49,774,254,188.71+. In 1985, Public Law was passed; ‘Title II 99-61’ codifying the existing 31 U.S.C. § 5112 which outlines the existence, specifications, denomination, metallurgy and weight of coins produced in the United States. This new law would allow for bullion to be produced using Gold sourced within the United States of America, though it is unclear if this extended to Silver sourced by domestic mines. Originally, the Silver found in the U.S. Assayer Office rounds was sold off out of the ‘Defense National Stockpile.’ This was used to help bring the price of Silver down after the ‘Hunt Brother Fiasco,’ but a successful attempt was made to block the efforts, citing the disastrous effect on domestic Silver mining production. By 1982, the Silver sell off from the National stockpile was stopped.

American Silver Eagle

A photo taken at one of our facilities of a 1 oz American Silver Eagle (2016). 

Mintage by the numbers

What is the mintage of the American Gold Eagle Coin?

  The United States Mint has produced just over 18,722,000 of the 1 oz variants of the American Gold Eagle. Today, that would be worth $27.6 billion dollars in Gold, and this does not include the millions of ounces of fractional (1/10th, 1/4th, ½ troy oz) American Gold Eagle coins that have been produced since 1986.

How many American Silver Eagles have been minted?

 The number of 1 oz American Silver Eagles fluctuate year to year with a record number produced in 2015 with an astonishing 47,000,000; 1 oz American Silver Eagles minted. That is approximately $799 million dollars’ worth of fine, .999 Silver minted in a single year.
The total number of American Silver Eagles minted since their inception in 1986 is a whopping 530,323,888 coins or over $9 billion dollars’ worth of Silver. 

How many 1 oz Gold Buffalo Coins has the U.S. Mint produced?

 The United States introduced an addition to its Gold bullion line up with a beautifully modified version of James Earle Frasers ‘Indian Head Nickel’ or ‘Buffalo Nickel’ coin struck in 1 troy oz of .9999 (24-karat) fine Gold. Arguably the most favored design on any US coin and first issued in 1913, which displays a Native American and American Bison.

This beautiful rendition was released in 2006 (along with the American Platinum Eagle) and over the last decade over 2.4 million coins have been issued. The U.S. Mint has promised a large expansion of this coin program to include production of 1/10, ¼, and ½ ounce variants of this coin but this remains to be seen. In fact, the U.S. Mint temporarily halted sales citing that they could not keep up with demands during the subprime mortgage crisis in 2008 as more and more Americans were seeking financial safety in the bullion coin during that time. 

How many American Platinum Eagles have been made?

  Not as popular as the Gold and Silver bullion coins, though the Platinum Eagle has made an impact on the market. The mint was authorized to begin production of the American Platinum Eagle in 2006 along with the American Gold Buffalo. Since its inception a total of 374,510; 1 oz Platinum Eagles have been minted and sold to the general public. The Platinum Eagle, uniquely, has over 22 different variations (in terms of design) that has been created. This is quite rare of the U.S. Mint to allow and usually only updates coins with enhanced security features, like the scheduled one in 2021 for the American Gold Eagle. Though, rumors have circulated about a new design for the American Silver Eagle, but any official press release is non-existent.

How many American Palladium Eagle coins have been minted?

 Relatively new, the American Palladium Eagle, which sold out within 5 minutes of its initial 2017 release, has made its way onto the Numismatic markets. Many first issue proof American Palladium Eagles were being sold on the secondary market with over $600 premiums!

The total number of American Palladium Eagles as of 2018 is 29,986. The official mintage number for 2019 is yet to be announced. 

Here at Investor Crate, we provide two crates that embodies the vision of our country's sovereignty, The U.S. Standard Crate and U.S. Constitutional Crate. If this is something that would interest you, they are showcased below.

If you liked this brief overview of the U.S. Mint, please consider sharing this on Facebook with friends and family. If you found any errors in this write up, please notify us as it is our intentions to provide clear, concise and factual information about the Precious Metals industry. 

Other Popular World Mints

Government Mints

  • The Royal Mint (UK)
  • The Royal Canadian Mint (Canada)
  • The Perth Mint (Australia)
  • The Mexican Mint (Mexico)
  • The Austrian Mint (Austria)
  • The South African Mint (South Africa)
  • The LEV
  • Other World World Mints

U.S. Mint Specific Crate Available!

Type 2 American Silver Eagles
Type 2 American Silver Eagles
Type 1 and 2 American Silver Eagles
American Silver Eagles U.S. Mint
1/10th oz American Gold Eagle
Gold and Silver from the U.S. Mint
1/4 oz American Gold Eagle
United States Mint Subscription

The U.S. Standard Crate

The U.S. Standard Crate

This product is recurring and ships on the 15th of each month.

The U.S. Standard Crate contains gold and silver bullion produced from the United States Mint. Gold is not always present in the U.S. Standard Crate and will never be present in crates under the $250 tier. You can adjust the price tier in the drop down menu above. Generally speaking, this crate contains American Silver Eagles only, though American Gold Eagles and American Gold Buffalos do occasionally make an appearance.

How it works

Each month we purchase a large amount of precious metals products on the wholesale market and then divide the product up among our subscriber base. Included in this purchase is a large quantity of United States Mint products that gets fulfilled across a variety of products we offer, including the U.S. Standard Crate. This is based on a group buy and dollar cost average which helps bring down markups and the overall premium down across all products.

Each month on the 1st, billing is conducted. Orders are prepared and shipped on the 15th of each month.

The most common item in this crate is the American Silver Eagle.

United States Mint Silver

  • American Silver Eagle (Type 1) - Starting in 1986 and ending in 2021, the type 1 ASE was minted millions of time and is easily one of the most recognized bullion coins in the world. It is only available in 1 troy ounce size.
  • American Silver Eagle (Type 2) - Starting in 2021 and carrying on to this day, the "type 2" ASE has an other than original portrait of the male American bald eagle on its obverse side and is now the flagship silver piece in the U.S. Mints arsenal.

No 90% or 40% silver coins produced by the United States Mint is available in this crate. If you are interested in junk silver, please see our Constitutional Crate.

United States Mint Gold

  • American Gold Eagle (Type 1) - Available in mintage dates of 1986 through to 2021, the AGE is essentially the gold version of the extremely popular American Silver Eagle and is the iconic investment grade bullion coin minted by the U.S. government. Available in 1/10 oz, 1/4 oz, 1/2 oz and 1 troy oz.
  • American Gold Eagle (Type 2) - In 2021, the AGE also under went a slight design alteration with the rear of the coins scene of our national bird the American Bald Eagle. Also available in all sizes.
  • American Gold Buffalo - First struck in 2006, the American Gold Buffalo is the first .9999 (yes, 4-9's) offering by the U.S. Mint and borrows the iconic 1913 Buffalo Nickle design. Currently available in 1 troy ounce sizes only. 
  • Other Gold Coins - In rare instances, we may get a few boxes of spouse coins, proof sets or commemorative gold coins by the U.S. Mint but only if the price is fair for the customers as our focus is on delivering weight vs. overpriced special edition and short runs.

Other bullion products from Investor Crate

In virtually every crate and pack offering by Investor Crate a small amount of silver fractionals in the form of silver rounds, coins or bars may be present. We use these smaller bits of silver to 'round off' each SKU to the closest possible dollar amount so we get you with the most bang for your buck. There is no remainder or dollar value left over at the end of the month.

Adding additional bullion to your order

We also have a premium retail outlet that gives customers the ability to add additional bullion products to arrive with their crate. The items listed on this outlet is overstock inventory from the current months wholesale order. We place these items up at cost so their is amazing, low premium deals, updated each month on that side of our site. If you'd like to learn more about this and are interested in adding bars, coins or extra American Silver Eagles to your order, check out this page.

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U.S. Constitutional Crate (New Release!)

The Constitutional Crate
The Constitutional Crate
The Constitutional Crate

The Constitutional Crate

90% Silver Crate

This product is recurring and ships on the 15th of each month.

Don't dare call this junk silver! The Constitutional Crate from Investor Crate is a historical monthly subscription crate that contains pre-1965 U.S. coins that contain 90% silver. Why is 1965 a significant and historical date? Well, this is when our law makers and Department of Treasury decided to completely ditch Section 10, Clause 1 of the U.S. Constitution which mandates,

"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."

Interestingly enough, inflation increased 3.91% annually since that day for a total inflationary rate of 792% as of 2019. It's almost like our founding fathers knew money had to be backed by a real, tangible form of wealth.

How it works

Each month our purchasing team buys pallets full of 90% silver coins from the secondary market, which are then broken down and divided up among our subscriber base by price tier. Different price tiers can be selected using the drop down menu above.


Each month on the 1st, billing is conducted. Orders are prepared and shipped on the 15th of each month.

Common 90% Silver Coins

  • 1916-1947 Walking Liberty Half Dollar
  • 1916-1945 Winged Liberty Head "Mercury" Dime
  • 1932 & 1934-1964 Washington Quarter
  • 1946-1964 Roosevelt Dime
  • 1948-1963 Franklin Half-Dollar
  • 1964 (JFK) Kennedy Half-Dollar

Other 90% Silver

Although more rare simply due to age and overall mintage numbers, these do show up with quite the frequency. We do not sort or cherry pick through junk silver, it is simply weighed and divided into each customers crates as we receive it.

  • 1878-1904 & 1921 Morgan Silver Dollar
  • 1892-1916 Liberty Head "Barber" Half-Dollar
  • 1892-1916 Liberty Head "Barber" Quarter
  • 1892-1916 Liberty Head "Barber" Dime
  • 1916-1930 Standing Liberty Quarter
  • 1921-1928 & 1934-1935 Silver Peace Dollar

This crate regardless of price tier will not contain pre-1933 Gold U.S. Coins nor will it contain 35% Silver such as "war nickels" or 40% Silver U.S. Coins. In recent years, the U.S. Mint has done limited runs of modern 90% silver coins such as the America the Beautiful and State Quarter series. These are usually released as proofs but we have gotten BU bags for extremely reasonable prices which we are more than happy to pass onto you.

We do not stock graded NGC or PCGS pre or post 1965 coins.

Add extra 90% silver to your order

If you want to take advantage of our overstock inventory which we get rid of completely at the end of each month, you might want to consider our Investor Crate Plus membership. The downside is it has a $100 membership fee, good for a solid year, the upside is the Fire Sale deals.

All overstock inventory is listed at cost and anything you buy gets shipped in your next subscription crate. Browse the Fire Sale page and see if you could benefit from it.

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34 comments

  • James StewartJan 08, 2022

    Tried to get Morgan Silver dollars but “available to the public” didn’t mean individual people since they where all snatched by the resale markets.

  • Milly VoskanyanDec 11, 2021

    So beautiful! My father has a huge collection & that’s what got me so interested in collecting myself.

  • Jeff SmeadDec 11, 2021

    interesting. Never read or knew much about the US Mint system. As a beginning investor it’s great to learn some background of my country’s minting history

  • Fredrick PaulyDec 11, 2021

    Precious metals is a good investment.

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