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Pocketmags Digital Magazines
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Pocketmags Digital Magazines

THE FIGHT to Retain Gold Ownership

AND THE GOVERNMENT BATTLE TO PREVENT IT
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.

Gold bullion at Fort Knox.
Photo courtesy U.S. Mint.
Loading bay at the New York Assay Ofice.
Photo courtesy U.S. Mint.
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About COINage

CoinAge May 2019, The Magazine for Invetors and Coin Collectors, Investment Survey : Coins, Stock Top Performers, More 1933 Saints out There, And More....