Will U.S. Mint Once Again Produce Coins For Other Countries?
Richard Giedroyc – March 29, 2000 The Philadelphia Mint The Royal Canadian Mint, British Royal Mint, Pobjoy Mint, Franklin Mint, Royal Australian Mint, Valcambi Mint, Italian State Mint and others have one thing in common which is different from the U.S. Mint–each of them strikes coins under contract for foreign countries. The U.S. Mint last produced coins for a foreign country in 1984. Since that Time, our Mint has struck coins exclusively for the United States. This, in turn, paved the way for many foreign Mints to chase down these lucrative foreign coin contracts. The BRM is probably has the most foreign coin contracts of any of them. Now it appears this may all change once again. Legislation is pending authorizing the U.S. Mint to strike commemorative coins honoring explorer Leif Ericson, both for the United States and for Iceland. Who knows if this may encourage the U.S. Mint to once again actively solicit foreign coin production contracts, but it is a start. Many people dont rea