Ye Olde Mint: Being a brief description of the first U.S. Mint, established by Congress in the year 1792, at Seventh Street and Sugar Alley (now Filbert Street) PhiladelphiaStewart, Frank H.
History
Ye Olde Mint: Being a brief description of the first U.S. Mint, established by Congress in the year 1792, at Seventh Street and Sugar Alley (now Filbert Street) Philadelphia
Stewart, Frank H.
37-39 North Seventh Street (Philadelphia, Pa.); Historic buildings -- Pennsylvania -- Philadelphia; Mints -- United States -- History; Old United States Mint (Philadelphia, Pa.); Philadelphia (Pa.) -- Buildings, structures, etc.
In this inventory no mention was made of the building used by the coinage
department, and which, no doubt, was the best and most important building
then on the lots. The sizes of the lots given are inaccurate, and the
idea evidently intended to be conveyed was that there was very little of
value in buildings or equipment.
In 1793 salaries of the mint employees were as follows:
David Rittenhouse, director, $2,000 per annum
Tristram Dalton, treasurer, 1,200 ” ”
Henry Voight, coiner, 1,500 ” ”
Isaac Hugh, clerk, 312 ” ”
The regular coinage of copper began in 1793; silver in 1794, and gold in
1795.
The following curious extracts are taken from the mint rules and
regulations, dated January 1, 1825:
“The allowance under the name of drink money is hereafter to be
discontinued.”
“The operations of the mint throughout the year are to commence at 5
o’clock in the morning.”
“Christmas Day and the Fourth of July—and no other days—are established
holidays at the mint.”
“He (watchman) will keep in a proper arm chest, securely locked, a musket
and bayonet, two pistols and a sword. The arms are to be kept in perfect
order and to be inspected by an officer once a month, when the arms are
to be discharged and charged anew.
“The watchman of the mint must attend from 6 o’clock in the evening
to 5 o’clock in the morning—and until relieved by the permission of
an officer, or until the arrival of the doorkeeper. He will ring the
yard bell precisely every hour by the mint clock from 10 o’clock until
relieved by the doorkeeper, or an officer, or the workmen on working
days, and will send the watch-dog through the yard immediately after
ringing the bell.”
The operations at the mint were suspended at different times because of
yellow fever epidemics, and this, in connection with the scarcity of
metal, and a fire at the mint and the use of coins for purely commercial
purposes by coppersmiths, silversmiths and other tradesmen, accounts
for the scarcity of certain coins made at “Ye Olde Mint,” under great
disadvantages, when men and horses did the work now done by electricity.
Copy of Letter Regarding Purchase of First U. S. Mint Lots.
June 9, 1792.
DEAR SIR:
I am in sentiment with you and the Director of the Mint, respecting the
purchase of the lots and houses which are offered for sale, in preference
to renting—as the latter will certainly exceed the interest of the former.
That all the applications may be brought to view, and considered for
coining, &c., Mr. Lear will lay the letters and engravings before you, to
be shewn to the Director of the Mint. I have no other object or wish in
doing it, than to obtain the best.
Yours, &c.,
Go. WASHINGTON.
MR. JEFFERSON.
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