This report was transcribed from a set of photographs, taken by Bob Julian, of some pages in a Copy Book in the national archives. The photographs were posted to the PCGS forum by Bob Julian in January and February of 2015. I tried to match the style used on this page to the style used on this website for the reports obtained from American State Papers.
Copies of the Records, Reports, and Correspondence of the Mint Of the United States, Philadelphia, from 1796 to 1834, page 65.
Although this report mentions a “statement from the treasurer, herewith transmitted,” just as the reports from previous years do, this report does not include any such statement, unlike the reports from previous years. The tables were not yet available; they show that the silver coins were half dollars and the copper coinage was composed of cents. They also show that in 1817 the Mint paid out in salaries $9,600.00, in wages $7,126.16, and incidental & contingent expenses $15,290.55.
Paul Hybert
Mint of the United States, January 1, 1818.
Sir:
I have now the honor of laying before you a report of the operations of the Mint during the last year.
About the beginning of May, the repairs of the Mint having been nearly completed, and a considerable quantity of silver bullion then in our vaults, the coinage was recommenced; and since that time, as will appear from the statement of the treasurer, herewith transmitted, there have been struck—
In silver coins, | 1,217,567 | pieces, amounting to | $607,783 | 50 |
In copper coins, | 3,948,400 | pieces, amounting to | 39,484 | 00 |
In the whole, | 5,163,967 | pieces, amounting to | 647,267 | 50 |
The coinage of the gold bullion at present in our vaults, amounting to 57,540 dollars, will be immediately commenced.
The large deposits of silver imported from South America, the West Indies and Europe, and chiefly made by the Bank of the United States, with the pressing solicitation of an early return in coins, will, it is presumed, justify an extension of the operations of the Mint.
For this purpose, however, there will be required a small addition, (say about six thousand dollars) to the estimate for contingent expenses, furnished to the Treasury Department, prior to the meeting of Congress; and much more than this sum might well be spared from the fund appropriated for the purchase of copper; which, from the profits of coinage, has now accumulated to upwards of $58,000 — fully twice as much as it would be necessary to reserve for that object.
I have the honor to be, sir, your very obedient servant,
R. PATTERSON.
James Monroe, President of the United States.
A statement of the coins struck at the Mint of the United States, from the 1st January to the 31st December, 1816, inclusive, viz:
Silver coins, | 47,150 | half dollars, | $28,575 | 75 |
Silver coins, | 20,003 | quarter dols., | ||
Copper coins, | 2,820,982 | cents, | 28,209 | 82 |
Number of pieces, | 2,888,135 | Total am’t. | $56,785 | 57 |
Mint of the United States, Treasurer’s Office, Philadelphia, December 31, 1816.
JAMES RUSH.
An abstract of the ordinary expenses of the Mint of the United States, from 1st January to the 31st December, 1816, viz:
Amount paid in salaries of the officers and clerks, | $9,600 | 00 |
Amount paid in wages of laborers, | 3,711 | 08 |
Amount paid in incidental and contingent expenses and repairs, | 4,930 | 92 |
$18,242 | 00 | |
Mint of the United States, Treasurer’s Office, Philadelphia, December 31, 1816.
JAMES RUSH.