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<p>[QUOTE=&quot;Publius2, post: 5399453, member: 105571&quot;]Your question is a bit ambiguous so let me answer the most literal part of the question first:&nbsp; &quot;Where did the MINT get the gold and silver to mint coins?&quot;</p><p><br /></p><p>The answer is that all the gold and silver used to mint early US coins came from private persons and banks/trading companies.&nbsp; The U.S. Treasury had not funds nor statutory authority to purchase gold and silver supplies for the purpose of minting coinage.&nbsp; In fact, the early statutes laid out specifics for how the Mint was supposed to provide coinage in exchange for bullion deposits.&nbsp; </p><p><br /></p><p>The second aspect of your question has been largely already addressed by prior posters - basically, the gold and silver came from every imaginable source between mine and commerce.[/QUOTE]</p><p><br /></p>

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