In Article 1 Section 8 it states that Congress shall have the power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;" The US Mint was created by The Coinage Act, passed in 1792.
Article 1, Section 8, of the United States Constitution.
The US Mint wasn't authorized by a single person. Article 1, Section 8 of the US Constitution gave Congress the power to coin money for the new country. The Mint was formally established by the Coinage Act of 1792 and struck its first circulating coins, cents and half-cents, the next year. Robert Morris and Alexander Hamilton were instrumental in determining how the Mint should run and what its new coinage would be. President Washington appointed the renowned Philadelphia scientist David Rittenhouse as the first Director of the Mint.
The power to coin money is an expressed power. This is a power that is provided to Congress in Article 1, Section 8 of the US Constitution.
A long time ago in a galaxy far away...
The best answer is from Govind sankaranarayan article on the same in mint paper . See that
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The executive branch, through the US Treasury. The Bureau of Engraving and Printing prints paper money, while the US Mint makes coins. Many people mistakenly believe that the Mint also prints bills, but the two agencies are completely separate operations.
Article I, Section 8 of the Constitution says that "The Congress shall have Power...To coin Money, regulate the Value thereof, and of foreign Coin," and Section 10 says that "No State shall...coin Money". It is illegal for private citizens to coin money. The Supreme Court has ruled that Congress's power to coin money includes the power to print paper money and make it legal tender. The Federal Reserve decides how much money will be produced. Paper money is printed by the Bureau of Engraving and Printing, and coins are produced by the United States Mint.
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See the related links section for a virtual tour of coin production by The United States Mint.
Please look at the coin again and post new question. The U.S. Mint did not produce a 1973 U.S. Constitution Silver dollar.
the building of a mint