BY DAVID L. GANZ
Photo courtesy U.S. Mint.
The Mint’s demand for the gold and silver needed to produce coins in increasing quantity for the growing U.S. population meant that there needed to be a secure location to store the country’s bullion. Ian 1936, the Fort Knox Bullion Depository opened in Kentucky. The next year, the facility received its first shipment of gold from the Philadelphia Mint and New York Assay Office. The bullion was shipped by train through the U.S. mail.