by Burt Stein, Business Editor
for The Post Publications
PHILADELPHIA PA – If time truly is money, then the 40-plus years since the United States Mint in Philadelphia was last upgraded might be considered a highly costly period. No matter; Dick Peterson, deputy director of the Mint – which is the United States’ sole manufacturer of legal tender coinage, its “pocket change” -thinks visitors will find it to have been worth the wait.
“We are very proud to once again welcome the public into our home to see how coins and medals are made,” Peterson said, as the Philadelphia facility at 151 North Independence Mall East re-opened July 3 (2012; Tuesday) for self-guided tours. And no, in answer to the age-old joke, you can’t take home any samples. You can learn, though, about the history of the nation’s coinage and how it is manufactured.
“Our new tour route and exhibits also proudly tell the American public about the role the United States Mint plays in the financial fabric of our nation,” said Peterson. “The new displays tell the story of the United States Mint, and explain the evolution of coin-minting processes and operations.”
The facility began its major set of renovations during August 2010. Now its new displays, exhibits and artifacts are on view to showcase “our production processes and give the public a more modern, interactive experience,” Peterson said.
The United States Mint, created by Congress in 1792, marks its 220th anniversary this year. The bureau is responsible for producing circulating coinage for the nation to conduct its trade and commerce. The United States Mint also produces proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.
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