United States Mint, New Orleans Branch - Credit: Wikimedia Commons
United States Mint, New Orleans Branch - Credit: Wikimedia Commons
The New Orleans Mint () operated in New Orleans, Louisiana, as a branch mint of the United States Mint from 1838 to 1861 and from 1879 to 1909. During its years of operation, it produced over 427 million gold and silver coins of nearly every American denomination, with a total face value of over US$ 307 million.This refers to literally the face value of all the coins produced by the Mint added up. For example, the 720,000 3-cent pieces produced by the mint have a face value of US$0.03 x 720,000 = US$21,600.00. It does not reflect the value of coinage adjusted for inflation, nor does it account for the coins' numismatic value for collectors. It was closed during most of the American Civil War and Reconstruction. Read more on Wikipedia
Source: en.wikipedia.org