Functions
The Mint manages extensive commercial marketing programs. The product line includes special coin sets for collectors, national medals, American Eagle gold, silver and platinum bullion coins, and commemorative coins marking national events such as the Bicentennial of the Constitution. The Mint's functions include:
- Producing domestic, bullion and foreign coins;
- Manufacturing and selling national commemorative medals;
- Designing and producing the congressional gold medals;
- Designing, producing, and marketing special coinage;
- Safeguarding and controlling the movement of bullion;
- Disbursing gold and silver for authorized purposes;
- Distributing coins from the various mints to Federal Reserve Banks.
Note that the Mint is not responsible for the production of paper money; that is the responsibility of the Bureau of Engraving and Printing.
In 2000, the Mint was responsible for the production of 28 billion coins. See United States Mint coin production for annual production values of each coin.
The United States Mint Police, a federal law enforcement agency, is responsible for protection of Mint facilities, employees and reserves.
Read more about this topic: United States Mint
Famous quotes containing the word functions:
“The mind is a finer body, and resumes its functions of feeding, digesting, absorbing, excluding, and generating, in a new and ethereal element. Here, in the brain, is all the process of alimentation repeated, in the acquiring, comparing, digesting, and assimilating of experience. Here again is the mystery of generation repeated.”
—Ralph Waldo Emerson (1803–1882)
“Mark the babe
Not long accustomed to this breathing world;
One that hath barely learned to shape a smile,
Though yet irrational of soul, to grasp
With tiny finger—to let fall a tear;
And, as the heavy cloud of sleep dissolves,
To stretch his limbs, bemocking, as might seem,
The outward functions of intelligent man.”
—William Wordsworth (1770–1850)
“Adolescents, for all their self-involvement, are emerging from the self-centeredness of childhood. Their perception of other people has more depth. They are better equipped at appreciating others’ reasons for action, or the basis of others’ emotions. But this maturity functions in a piecemeal fashion. They show more understanding of their friends, but not of their teachers.”
—Terri Apter (20th century)