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.
This transfer shows that the High Street lots, near Seventh Street,
extended at one time back to what is now Filbert Street, and also that
Richard Farmer’s land was taken in whole or in part for the purpose of
what then was termed an alley, and later known as Sugar Alley, then
Farmers Street, and now Filbert Street.
James Ash, high sheriff, on May 27, 1790, conveyed to Frederick Hailer
the land purchased by Shubart from Farmer, together with a tenement
distill house and coppers, distills, worms, cisterns, tubs and other
utensils belonging to said distillery.
This conveyance was subject to the payment of the yearly ground rent of
21 Spanish pieces of 8.
Jacob Barge was the creditor who caused the sale.
Frederick Wailer, surgeon barber, and wife, Christiana, July 18, 1792,
sold to the United States Government the land and distill house and frame
tenement building formerly owned by Shubart.
This deed recites the Act of Congress referred to elsewhere, and states
“the President in pursuance thereof caused to be purchased from said
Wailer, etc., etc.”
Wailer made a nice profit. He bought it for 515 pounds and sold it for
4,266⅔ dollars, subject to the ground rent as before.
This deed was acknowledged by Wailer and wife before James Biddle,
president of the Court of Common Pleas, of the County of Philadelphia,
July 21, 1792.
During the entire time the government owned the property it paid an
annual ground rent, which seems rather strange now.
On July 1, 1792, Washington appointed David Rittenhouse director of the
mint, and on July 19th, the day following the purchase, eight carpenters,
besides other laborers, commenced to tear down the distillery, and on
August 25th the frame work for the new building was raised.
Work on the bellows furnaces was commenced September 7th, and on
September 11th six pounds of old copper for coinage was purchased at the
price of one shilling three pence per pound.
Three coining presses, imported from Europe, arrived September 21st, and
in October they were in operation.
On December 30, 1792, Jefferson, then Secretary of State, wrote Pinckney,
our minister to England, about the difficulty of procuring copper, and
suggested Sweden as a source of supply and enclosed draft on the treasury
of the United States for $10,000.
The United States of America on January 12, 1836, by deed reciting Act
of Congress under date of May 1, 1830, transferred the mint grounds and
buildings to Michael Kates, bell hanger, for $8,100, he having been the
highest bidder at public sale. In this deed the 14-foot alley was called
Sugar Alley and the ground rent again noted.
Andrew Jackson, President of the United States of America, signed this
deed and the great seal of the United States of America was attached.
John Forsyth, Secretary of State, witnessed the President’s signature.
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