• Gold Confiscation of 1933

    What Was the 1933 Gold Confiscation? Amidst the Great Depression, the United States government decided to remove itself from the gold standard. Many individuals and foreign governments had started converting their currency to gold, which restricted the American supply of circulated currency. So, on...
  • What Are Gold Ingots?

    Gold ingots are large gold bars that have been created by pouring molten gold into a mold and allowing it to solidify. Gold ingots are the heaviest of gold bars and are referred to as “cast.” This is compared to smaller bars, which are referred to as “minted.” Casting Gold isn’t the ...
  • Where Are Coins Minted in the United States?

    Coins in the United States are minted in four different facilities. The United States Mint currently operates six different facilities, though only four of those mint coins. The two facilities that don’t mint coins are the United States Bullion Depository in Fort Knox and the United States Mint H...

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