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The San Francisco Mint began operations in 1854 at 608 Commercial Street, just west of Montgomery Street.{{sfn|Yeoman|2014|p=17}} The building sat between Commercial and Clay Streets and a [[California Historical Landmark]] (number 87) plaque can be found today on Commercial. Since June 14, 1970, the building has been listed as a [[List of San Francisco Designated Landmarks|San Francisco Designated Landmark]]. | The San Francisco Mint began operations in 1854 at 608 Commercial Street, just west of Montgomery Street.{{sfn|Yeoman|2014|p=17}} The building sat between Commercial and Clay Streets and a [[California Historical Landmark]] (number 87) plaque can be found today on Commercial. Since June 14, 1970, the building has been listed as a [[List of San Francisco Designated Landmarks|San Francisco Designated Landmark]]. | ||
The mint was established in response to the [[California gold rush]].{{sfn|Yeoman|2014|p=17}} Within the first year of its operation, the | The mint was established in response to the [[California gold rush]].{{sfn|Yeoman|2014|p=17}} Within the first year of its operation, the San Francisco mint turned $4 million in [[gold bullion]] into coins.<ref name=Castleman>{{cite magazine |first=Michael |last=Castleman |title=Grace Under fire |magazine=[[Smithsonian Magazine]] |date=April 2006 |page=56 |url=https://www.smithsonianmag.com/history/grace-under-fire-114073500/}}</ref> Because of the scale of its increase in operations due to economic growth, a new building was soon required. | ||
Construction of the new location approximately 1 mile away began in 1869 at Fifth Street and Mission Street. The mint operations moved to that building in 1874. | Construction of the new location approximately 1 mile away began in 1869 at Fifth Street and Mission Street. The mint operations moved to that building in 1874. |
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