Excerpt from Annual Report of the Director of the Mint to the Secretary of the Treasury: For the Fiscal Year Ended June 30, 1880 The unusual imports of foreign gold coin and bullion brought to the New York assay office and mints during the first half of the last fiscal year gold bullion beyond the capacity of the mints for immediate coin age. Fortunately the condition Of the Treasury and slight demand for coin in redemption of government obligations did not require the imme diate conversion of this bullion into coin. It was deemed advisable to increase the work at the Philadelphia Mint to a monthly coinage, besides the coinage of silver and minor coins, of from to of gold. This Mint was able with exist ing facilities and the employment of additional labor to coin during the year of gold, leaving -t the close of gold bullion in that Mint and the New York assay office uncoined. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.