Mint authorized to make foreign coins in 1874
Published 6:12 pm Sunday, July 30, 2017
Did the U.S. Mint ever make a coin called a peso? And when did the Mint stop putting silver in its coins?
The U.S. Mint produced millions of pesos between the late 1870s and the mid-1980s — along with centavos, florins, shillings, francs, colones, centimos, centstukken, kroner, quetzales, centimes, piastres, hwan, rupees, balboas, riyals, zloty and other foreign denominations.
“The mints of the United States were first authorized to manufacture coins for foreign governments in 1874,” reads the U.S. Treasury Department publication “Domestic and Foreign Coins Manufactured by Mints of the United States 1793-1980,” printed in 1981.
“The first foreign coinage order was executed for the Government of Venezuela during the fiscal year ending June 30, 1876.
“Through December 31, 1980, U.S. mints at Philadelphia, Pa., San Francisco, Calif, New Orleans, La., and Denver, Colo., had produced 11,193,348,346 coins for 42 foreign countries.”
The countries — including Hawaii, which became a state in 1959 — and their coinage-production totals through the end of 1980, as listed in the publication:
{{tncms-inline content=”<p class="p3">Argentina (blanks) &mdash; 64,058,334.</p> <p class="p3">Australia &mdash; 168,000,000.</p> <p class="p3">Belgian Congo &mdash; 25,000,000.</p> <p class="p3">Belgium &mdash; 25,000,000.</p> <p class="p3">Bolivia &mdash; 30,000,000.</p> <p class="p3">Brazil (Blanks) &mdash; 406,249,266.</p> <p class="p3">Canada &mdash; 85,170,000.</p> <p class="p3">China &mdash; 39,720,096.</p> <p class="p3">China, Republic Of (Taiwan) &mdash; 428,172,000.</p> <p class="p3">Colombia &mdash; 133,461,872.</p> <p class="p3">Costa Rica &mdash; 131,798,820.</p> <p class="p3">Cuba &mdash; 496,559,888.</p> <p class="p3">Curacao &mdash; 12,000,000.</p> <p class="p3">Dominican Republic &mdash;&nbsp; 76,954,297.</p> <p class="p3">Ecuador &mdash; 214,451,060.</p> <p class="p3">El Salvador &mdash; 226,695,351.</p> <p class="p3">Ethiopia &mdash; 375,433,730.</p> <p class="p3">Fiji &mdash; 4,800,000.</p> <p class="p3">France &mdash; 50,000,000.</p> <p class="p3">Greenland &mdash; 100,000.</p> <p class="p3">Guatemala &mdash; 7,835,000.</p> <p class="p3">Haiti &mdash; 90,324,000.</p> <p class="p3">Hawaii &mdash; 1,950,000.</p> <p class="p3">Honduras &mdash; 115,929,500.</p> <p class="p3">Indo-China &mdash; 135,270,000</p> <p class="p3">Israel &mdash; 91,000.</p> <p class="p3">Korea &mdash; 295,000,000.</p> <p class="p3">Liberia &mdash; 56,744,679.</p> <p class="p3">Mexico &mdash; 91,076,840.</p> <p class="p3">Mexico (Blanks) &mdash; 175,714,411.</p> <p class="p3">Nepal &mdash; 195,608.</p> <p class="p3">Netherlands &mdash; 562,500,000.</p> <p class="p3">Neth. E. Indies &mdash; 1,716,368,000.</p> <p class="p3">Nicaragua &mdash; 26,080,000.</p> <p class="p3">Panama (Republic) &mdash; 193,838,428.</p> <p class="p3">Peru &mdash; 761,067,479.</p> <p class="p3">Philippines &mdash; 3,483,718,169.</p> <p class="p3">Poland &mdash; 6,000,000.</p> <p class="p3">Saudi Arabia &mdash; 124,712,574.</p> <p class="p3">Siam (Thailand) &mdash; 20,000,000.</p> <p class="p3">Surianam (Netherlands Guiana) &mdash; 21,195,000.</p> <p class="p3">Syria &mdash; 7,350,000.</p> <p class="p3">Venezuela &mdash; 306,762,944.</p>” id=”24b58240-19eb-471f-ad39-38af6528576a” style-type=”info” title=”Coinage-production by country” type=”relcontent”}}
As for when the U.S. government stopped including silver in coins:
“A silver crisis caused the replacement of silver in 1966 in quarters and dimes; however, the half-dollar was composed of 40 percent silver from 1965 to 1970. The Bicentennial Kennedy Half Dollar contained 80 percent silver and 20 percent copper,” reads the U.S. Mint’s website.
“But today these coins are now composed of cupro-nickel clad, with a pure copper core, and an outer layer of a 75 percent copper, 25 percent nickel alloy.”
Online: www.usmint.gov.
The Informer answers questions from readers each Sunday, Monday and Wednesday. It is researched and written by Andrew Perzo, an American Press staff writer. To ask a question, call 494-4098 and leave voice mail, or email informer@americanpress.com.
Argentina (blanks) — 64,058,334.
Australia — 168,000,000.
Belgian Congo — 25,000,000.
Belgium — 25,000,000.
Bolivia — 30,000,000.
Brazil (Blanks) — 406,249,266.
Canada — 85,170,000.
China — 39,720,096.
China, Republic Of (Taiwan) — 428,172,000.
Colombia — 133,461,872.
Costa Rica — 131,798,820.
Cuba — 496,559,888.
Curacao — 12,000,000.
Dominican Republic — 76,954,297.
Ecuador — 214,451,060.
El Salvador — 226,695,351.
Ethiopia — 375,433,730.
Fiji — 4,800,000.
France — 50,000,000.
Greenland — 100,000.
Guatemala — 7,835,000.
Haiti — 90,324,000.
Hawaii — 1,950,000.
Honduras — 115,929,500.
Indo-China — 135,270,000
Israel — 91,000.
Korea — 295,000,000.
Liberia — 56,744,679.
Mexico — 91,076,840.
Mexico (Blanks) — 175,714,411.
Nepal — 195,608.
Netherlands — 562,500,000.
Neth. E. Indies — 1,716,368,000.
Nicaragua — 26,080,000.
Panama (Republic) — 193,838,428.
Peru — 761,067,479.
Philippines — 3,483,718,169.
Poland — 6,000,000.
Saudi Arabia — 124,712,574.
Siam (Thailand) — 20,000,000.
Surianam (Netherlands Guiana) — 21,195,000.
Syria — 7,350,000.
Venezuela — 306,762,944.