US Mint

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Mint Unwittingly Finances Tahiti Trip, and More

Frequent fliers buy dollar coins—at cost—with credit cards

(Newser) - Crafty frequent fliers have racked up thousands of free miles by buying coins from the US Mint on their credit cards, and then taking them right back to the bank. The Mint, which ships free of charge in order to get more in circulation, finally got wise to “large...

Jazz Great Ellington Will Grace DC Quarter

Capital honors native son with commemorative coin

(Newser) - Late jazz legend Duke Ellington has been chosen to appear on the District of Columbia's commemorative quarter, CNN reports. The composer and performer, a DC native who died in 1975, beat out abolitionist Frederick Douglass and surveyor and astronomer Benjamin Banneker in a vote of the capital's residents. Ellington becomes...

Lincoln Penny Gets a Redesign
 Lincoln Penny Gets a Redesign 
Sep 22, 2008 1:40 PM CDT

Lincoln Penny Gets a Redesign

Commemorative issue marks Lincoln's 200th birthday, and the coin's 100th

(Newser) - The US Mint today unveiled four new designs that will adorn the back of the Lincoln penny next year to commemorate the bicentennial of Honest Abe’s birth, CNNMoney reports. The classic portrait of the 16th president will remain on the heads side. The reverse will depict scenes from Lincoln’...

US Rations Silver Dollars as Investors Scoop Them Up

Soaring silver demand means mint can't make coins fast enough

(Newser) - Investors and coin collectors are hopping mad at the US Mint for placing quotas on purchasing silver dollars, the Wall Street Journal reports. The price of silver has more than doubled in the last three years, and investors looking to cash in on the boom—and avoid the stock and...

New $5 Bill Debuts Today
 New $5 Bill Debuts Today 
Mar 13, 2008 11:45 AM CDT

New $5 Bill Debuts Today

Abe gets a colorful makeover on copy-resistant bills

(Newser) - Honest Abe may've been a bit pasty and gaunt, but the public can now see him in a more vivid hue: The redesigned $5 bill, complete with splashes of purple designed to thwart pesky counterfeiters, is being released today. Lincoln keeps his place on the front, and his memorial on...

Paulson Wants to Toss Pennies
 Paulson Wants to Toss Pennies 
Feb 29, 2008 4:15 PM CST

Paulson Wants to Toss Pennies

Costs outweigh value of small change, but government has no plans to cash out

(Newser) - Henry Paulson sees little point in pennies and would stop their production if he could, the AP reports. “The penny is worth less than any other currency,” the Treasury Secretary said today in a radio interview. But a sea change in change isn't imminent: Paulson says he...

Makes Cents: Final Five State Quarters Unveiled

Last coins will wrap up successful series

(Newser) - The 50-state quarter program will wrap up next year when quarters for the final five states will be released. The US Mint revealed their designs yesterday:
  • Oklahoma's quarter will feature the state bird, the scissortail flycatcher, and the state flower, the Indian blanket.
  • New Mexico's coin will be marked with
...

Prototype Coins Go for $30M
Prototype Coins Go for $30M
Nov 18, 2007 9:53 PM CST

Prototype Coins Go for $30M

Anonymous buyer pays $30 million for rare coin collection

(Newser) - An anonymous buyer spent more than $30 million on a collection of about 1,000 coins that never made it to circulation, the AP reports. The rare “pattern coins,” dated from 1792 to 1942, are trial designs the US Mint rejected before producing them for circulation. Those coins...

Feds Seize Ron Paul 'Dollars'
Feds Seize Ron Paul 'Dollars'
Nov 17, 2007 7:35 AM CST

Feds Seize Ron Paul 'Dollars'

Candidate and 'sound money' advocate's image on 60,000 coins

(Newser) - Federal agents raided the Indiana headquarters of a so-called "sound money" group this week, seizing nearly 60,000 "Ron Paul Dollars"—copper coins bearing the likeness of the renegade Texan congressman, GOP candidate for president and sound-money advocate. The organization has more than $20 million in illegal...

Feds Give Abe's 5-Spot a Facelift
Feds Give Abe's 5-Spot a Facelift
Sep 20, 2007 4:20 PM CDT

Feds Give Abe's 5-Spot a Facelift

New currency includes pastels and redesigned watermarks to thwart couterfeiters

(Newser) - When you pull out a $5 bill next spring, you'll still see Honest Abe—but you'll also see a bunch of purple and gray, some big number fives, and new watermarks and security threads. Sick of pesky counterfeiters bleaching the fiver and turning it into a C-note, the feds unveiled...

The C-Note Gets a Facelift
The C-Note Gets a Facelift
Aug 26, 2007 3:51 PM CDT

The C-Note Gets a Facelift

New security thread aims to protect bill most targeted by foreign counterfeiters

(Newser) - Even Ben Franklin has a little work done every now and then. The $100 bill, which bears the founding father's image, is undergoing a state-of-the-art redesign aimed at thwarting counterfeiters who target the C-note more than any other denomination, the AP reports. The new security thread utilizes microprinting and 650,...

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