THE MINT.

Communicated to the House of Representatives, March 1, 1821.

Treasury Department, February 27, 1821.

Sir:

I have the honor to transmit, herewith, three statements, (marked A, B, and C,) which have been prepared pursuant to the seventh section of an act of Congress passed the 2d of April, 1792, entitled “An act establishing a Mint, and regulating the coins of the United States.”

I have the honor to be, very respectfully, sir, your obedient servant,

WM. H. CRAWFORD.

The Hon. John W. Taylor Speaker of the House of Representatives.

A.

Statement exhibiting the balance of the gold and silver bullion remaining in the hands of the officers of the Mint on the 31st of December, 1819; the amount deposited from 1st January to 31st December, 1820; the different species of coins made and paid on account of deposites; allowances for wastage; and the balance remaining in the hands of the officers of the Mint on the 31st December, 1820, to be accounted for on a future settlement, viz:

GOLD.				Oz. dwts. gr.			Dolls.	cts.	m.
Balance of gold bullion remaining in the hands of the officers of the Mint on the 31st December, 1819,				5,673	11	9	100,861	00	0
Gold bullion deposited from 1st January to 31st December, 1820,				69,733	11	7	1,239,705	43	5
Amount deposited in the Bank of the United States on the 31st
Total,				75,407	2	16	1,340,566	43	5

Amount paid for deposites of gold from 1st January to 31st December, 1820,							1,424,428	54	5
Amount deposited in the Bank of the United States on the 31st December, 1820,							13,711	03	0

							1,438,139	57	5
Deduct as follows:
Amount in the hands of the Treasurer of the Mint on the 31st December, 1819,	$3	68	5
Amount deposited in the Bank of the United States on the 31st December, 1819,	119,105	89	5
							119,109	57	5

							1,319,030	00	0

Gold coins made at the Mint from 1st January to 31st December, 1820, 263,806 half-eagles							1,319,030	00	0
Allowances to the melter and refiner and chief coiner for wastage, for same period,							4,525	99	5
Gold bullion in the hands of the officers of the Mint, on the 31st December, 1820,							17,010	44	0

As above,							1,340,566	43	5

SILVER.
Balance of silver bullion remaining in the hands of the officers of the Mint, on the 31st December, 1819,				64,256	17	15	74,140	92	5
Silver bullion deposited, from 1st January to 31st December, 1820,				390,605	17	0	450,702	67	5

Total,				454,862	14	15	524,843	60	0

Amount paid for deposites of silver, from 1st January to 31st December, 1820,							507,734	72	0
Amount deposited in the Bank of the United States on the 31st December, 1820,							2,943	13	5
Add silver coins in the hands of the treasurer of the Mint on the 31st December, 1820,								4	5

							510,677	90	0
Deduct this sum, being a balance of silver coins in the hands of the Treasurer of the Mint, on the 31st December, 1819,		78
Also this sum, being a balance in the Bank of the United States on the 31st December, 1819,	8,996	42
							8,997	20	0

							501,680	70	0

Silver coins made from 1st January to 31st December, 1820, 942,587 dimes, 127,444 quarter-dollars and 751,122 half-dollars,				434,790	0	11	501,680	70	0
Allowances made to melter and refiner and chief coiner for wastage, for same period,				1,505	17	23	1,737	57	0
Silver bullion in the hands of the officers of the Mint on the 31st December, 1820,				18,566	16	5	21,425	33	0

As above,				454,862	14	15	524,843	60	0

Comptroller’s Office, February 26, 1821.

LUND WASHINGTON, Clerk.

B.

The Mint of the United States in account current of copper, purchased from the commencement of the institution to the 31st of December, 1820.

Dr.	Troy weight.			Cost of copper.
To amount of rough copper and copper planchets purchased from the commencement	Lbs. oz.dwts.			Dolls. cts.m.
To amount of rough copper and copper planchets purchased from the commencement of the institution to the 31st December, 1819, per statement B, accompanying the Comptroller’s letter of the 8th April, 1820,	1,330,332	0	14	366,452	66	0
To amount of copper planchets fit for striking, purchased in the quarters ending March, June and September, 1820, 37,678 pounds avoirdupois weight, at 7,000 grains to the pound avoirdupois, is	45,789	2	16	11,929	31	0
To this sum, being the balance lost in exchange upon remittances made for the purchase of copper,				224	39	0

Amount and cost of copper,	1,376,121	3	10	378,606	36	0
To amount gained on coinage,	24,493	10	0	89,113	81	0

	1,400,615	1	10	467,720	17	0

Cr.	Troy weight.			Value of copper at the rate of 7 dwts. to a cent.
By amount of rough copper and copper planchets accounted for from the commencement	Lbs. oz.dwts.			Dolls. cts.m.
By amount of rough copper and copper planchets accounted for from the commencement of the institution to 31st December, 1819, per statement marked B, accompanying the Comptroller’s letter of the 8th April, 1820,	1,198,863	3	14	384,414	67	0
By amount of cents delivered by the treasurer of the Mint to the Treasurer of the United States,	127,455	10	16	44,075	50	0
By this sum short credited in last statement for cents delivered to the Treasurer of the United States,				10,900	00	0

By amount of cents delivered by the treasurer of the Mint to the Treasurer of the United States,	1,326,319	2	10
Deduct, over credited in last statement, for weight of cents delivered,	8,333	3	0

Amount accounted for,	1,317,985	11	10	439,390	17	0
By balance on hand, copper coins in the hands of the treasurer of the Mint,	82,629	2	0	28,330	00	0

	1,400,615	1	10	467,720	17	0

Note. — 229 lbs. 18 dwts. of copper, spoiled in striking, appear to have been received in the year 1820, by the treasurer of the Mint from the chief coiner, to be used as alloy in the coinage of gold and silver.

Comptroller’s Office, February 26, 1821.

LUND WASHINGTON, Clerk.

C.

Summary statement exhibiting the value of coins made at the Mint; the amount of disbursements on account of the establishment; the amount allowed for wastage; the amount retained of deposites; and the amount gained on the coinage of copper, from the commencement of the institution to the 31st December, 1820, viz:

Value of gold, silver, and copper coinage, up to the 31st December, 1819,							$16,992,781	06	0
Gold coins made from January 1 to December 31, 1820, per account A,				$1,319,030	00	0
Silver coins made from January 1 to December 31, 1820, per account A,				501,680	70	0
Copper coins made from January 1 to December 31, 1820, per account B,				44,075	50	0
							1,864,786	20	0

Total value of gold, silver, and copper,							$18,857,567	26	0

Nett charge on the coinage of gold, silver, and copper, to December 31st, 1819,				531,306	15	0
Add amount gained on the coinage of copper to the same period,				63,037	01	0

				594,343	16	0
From which deduct amount of wastage of gold and silver to the 31st December, 1819,	$63,120	28	0
Also amount wastage from January 1 to December 31, 1820,	6,263	56	5
				69,383	84	5
							524,959	31	5
Add amount disbursed on account of the establishment from January 1 to December 31, 1820,							21,606	42	0
Add also the amount of wastage on gold and silver to the 31st of December, 1820,				69,383	84	5
From the above deduct the amount retained from deposites to 31st December, 1819,	$8,043	27	5
Also this sum, from 1st January to 31st December, 1820,	260	54	5
				8,303	82	0
							61,080	02	5

							607,645	76	0
Deduct amount gained on the coinage of copper from the commencement of the institution to December 31st, 1820,							89,114	81	0

Nett amount chargeable to the coinage of gold, silver, and copper, from the commencement of the institution to December 31st, 1820, including the costs of lots, buildings, and machinery,							518,530	95	0

Comptroller’s Office, February 26, 1821.

LUND WASHINGTON, Clerk.