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Gold unveiled at Denver Mint

 

Three 400-ounce gold bars were put on display May 10 at the Denver Mint.

It is the first time since before 9/11 that the government has exhibited part of its national gold supply, noted U.S. Treasurer Rosie Rios, who pulled the cord opening black curtains to reveal the bars stacked in a triangle in a closet-sized vault.

At current prices, the three bars are worth just over $1.9 million.

Denver Mint plant manager David Croft pointed out that the three bars were shipped in from the U.S. Mint’s working gold supply at West Point and did not come from the gold that is in deep storage in Denver.

Gold Coins of the World

Tables of weight and fineness in each country and market valuations in two states of preservation.

What’s the difference?

Working gold is the supply that the Mint acquires to strike gold American Eagles and other gold coins. Deep storage gold is part of the country’s reserves that most people simply call Fort Knox, after the most prominent of the nation’s gold storage sites.

The unveiling occurred before a small group of reporters during the first day of the American Numismatic Association’s National Money Show.

More Coin Collecting Resources:

State Quarters Deluxe Folder By Warmans

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Strike It Rich with Pocket Change, 2nd Edition

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