Denver Gold and Silver Exchange
5475 Leetsdale Dr Suite 210
Denver, Colorado 80246West
The West Point Mint Facility was erected in 1937 near the U.S. Military
Academy in West Point, New York. Originally the West Point Bullion
Depository, it gained official status as a branch of the United
States Mint on March 31, 1988.
As of 1937, it served as a storage facility for silver bullion and
was thus nicknamed "The Fort Knox of Silver." Even without
United States Mint status, it produced U.S. coinage. From 1973 through
1986, the West Point Mint produced Lincoln cents bearing no mint
mark, making them indistinguishable from those produced at the Philadelphia
Mint. The years 1977 to 1979 saw Bicentennial quarters and Washington
quarters produced as well. Approximately 20 billion dollars worth
of gold was stored in its vaults in the early 1980s (although this
was still significantly less than at Fort Knox).
September 1983 saw the first appearance of the "W" mint
mark (from this still unofficial U.S. Mint) on a $10 gold coin commemorating
the 1984 Los Angeles Olympic Games. This was the first legal tender
U.S. gold coin since 1933. In 1986, American Eagle gold and silver
bullion coins were solely produced at this facility, again with
no mint mark.
An unusual coinage from this mint occurred in 1996 when a commemorative
Roosevelt dime was produced for the 50th anniversary of this design.
Given as an insert with the standard mint sets sold that year, over
1.457 million were produced. Thus this "W" mint marked
dime is not particularly scarce but were only made for collectors.
Today all American Eagle series proof and uncirculated bullion coins
in gold, silver and platinum are produced at West Point, along with
all gold commemorative and a few silver commemorative coins. All
commemoratives from West Point are struck with the "W"
mint mark. Beginning in 2006, the West Point Mint also made all
American Buffalo gold bullion coins.
The West Point Mint still acts as a gold bullion depository, and
silver is kept on site only in quantities to meet minting demands.
In 2002, the U.S. Military Academy at West Point was honored for
its 200th anniversary, and a bicentennial commemorative silver dollar
was issued and unveiled on March 16 of that year, featuring a cadet
color guard on the obverse and the helmet of Pallas Athena on the
reverse. The coin was produced only at the West Point Mint.