When I was working on the book Civil War Charlotte: Last Capital of the Confederacy, I had the
chance to dig into the history of the US Mint in Charlotte. I've found a couple
of other pieces of information recently, and I thought you might enjoy learning
a bit more.
Gold was discovered in North Carolina in 1799 in Cabarrus
County. North Carolina led in the production of gold in North Carolina until
1848. In 1835, the United State Government officially established a branch of
the United States Mint in Charlotte, and a building was built in Charlotte for
the production of gold coins. In 1861, the officers at the US Mint were as
follows: Green W. Caldwell - Superintendent and Acting Treasurer.; John H.
Gibbon - Assayer, Melter and Refiner; E. Graham - Chief Coiner; and, William F.
Stranger - Clerk.
On March 9, 1861, the Confederate Congress passed a
resolution for the continuance of the mints at New Orleans and Dahlonega (GA).
Had North Carolina already left the Union and joined the Confederacy, this act
no doubt would have extended to the Queen City as well. The Mint itself was
captured by militia colonel J. Y. Bryce in April 1861. Governor Ellis offered
the Mint building and operations to Jefferson Davis. There was an estimated $26,716.01
in gold bullion and coins captured at this time. However, the mints in the
South ceased operations on May 14, 1861. It was determined that the cost of
operating the mints would far surpass their anticipated income.
In June, there was some discussion about keeping the Assay
Office open, but once again, it was determined that the cost outweighed the potential
profit. On August 6, 1861, the Confederate government was petitioned by North
Carolina, asking that the mint in Charlotte be put into operation. This was
approved on August 24, 1861, but, in May 1862, the operation was shut down. The
building and machinery was turned over to the Navy Department (loaned). What
was not needed by the Navy was put into storage. It was not until December 1864
that inquiries were made by the CS Senate regarding putting the Mint back into
operation. Secretary of the Treasury Trenholm replied that the he did not see
any benefit of opening the mints, and they remained closed.
The Mint would serve as offices for much of the War. At the
end of the War, the remnants of the Confederacy treasury, along with gold from the
banks in Richmond, were deposited in the Mint building, along with the papers
of the Treasury Department.
Following the end of the War, Federal military forces used
the building as their headquarters. The Assayer's office was reopened in 1867.
In 1873, North Carolina petitioned Congress to reopen the mint itself, but that
request was denied. The Assay office operated until 1913.
So there you have it, a little more information about the
United States Mint in Charlotte during the War. I for one would love to know
just who was still mining gold in the Charlotte area 1861-1865.
1 comment:
Interesting information. On the Pawn Stars TV program a man had a gold coin minted in Charlotte in 1861. I don't remember if he sold it or not, but they said it was rare.
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