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The US Mint wasn't authorized by a single person. Article 1, Section 8 of the US Constitution gave Congress the power to coin money for the new country. The Mint was formally established by the Coinage Act of 1792 and struck its first circulating coins, cents and half-cents, the next year.

Robert Morris and Alexander Hamilton were instrumental in determining how the Mint should run and what its new coinage would be. President Washington appointed the renowned Philadelphia scientist David Rittenhouse as the first Director of the Mint.

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Related questions

When was the last us mint established?

The most recently opened U.S. mint is in West Point, NY.


When was the Perth mint established?

The Perth Mint was established in 1899.


When was the us mint established?

The first U.S. Mint was established in 1792 in Philadelphia. The first circulating coins were cents and half-cents released in 1793.


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The US Mint had not yet been established in 1770 and therefore there are no 1770 US silver dollars.


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The Sydney Mint was established in 1854 as an outpost of the Royal Mint London, and started producing coins in 1854. The Sydney Mint closed in 1926.


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Perth Mint was established in 1899 as the Perth branch of the United Kingdom's Royal Mint.


What are the addresses of the US Mints?

US Mint Philadelphia, PA US Mint West Point, NY US Mint Denver, CO US Mint San Francisco, CA


Why wasb mint established in 1792?

BREANNA AND BRITNI WERE HERE


What is the value of a 1778 US silver dollar?

Please check again and post a new question. The US Mint wasn't established until 1792-93 and the first silver dollars were minted in 1794.


Can one buy directly from US Mint Philadelphia?

You can buy directly from the US Mint, not the indivdual mint locations.


Which agency is in charge of printing money?

The legislative branch of government is in charge of having money printed and coined. Congress established the US Mint to make coins and the US Bureau of Engraving to print paper money.


How can you work at the us mint?

The US Mint was created by Congress and makes circulating coins. To apply for a job with the US Mint a person can apply at the USAjobs.gov website.