United States Mint Act

United States Mint Act - Title I: Bureau of the Mint - Establishes in the Department of the Treasury a Bureau of the Mint, the chief officer of which shall be the Director of the Mint who shall be appointed by the President, by and with the advice and consent of the Senate.

Authorizes the Secretary of the Treasury subject to the civil service and classification laws, to select appoint, employ, and fix the compensation of such other officers and employees, including superintendents, assayers, and engravers, as are necessary to carry out the functions of the Bureau of the Mint and to prescribe their responsibilities and duties.

States that the different mints and assay offices shall be: (1) the United States Mint at Philadelphia; (2) the United States Mint at Denver; (3) the United States Mint at San Francisco; and (4) the United States Assay Office at New York.

Provides that coins and medals may be manufactured and bullion and coinage metals may be processed and stored at United States mints and assay offices, except that coins shall not be manufactured at assay offices.

Sets forth the general duties and functions of the Secretary of the Treasury.

Title II: Coins, Coinage, and Bullion - Permits the Secretary of the Treasury to mint and issue dollars, half dollars or 50-cent pieces, quarter dollars or 25-cent pieces, and dimes or 10-cent pieces in such quantities as he may determine to be necessary to meet the needs of the public. Provides that any such coins shall be a clad coin.

Permits the Secretary to mint and issue 5-cent pieces and 1-cent pieces in such quantities as he may determine to be necessary to meet the needs of the public.

Permits the Secretary to mint and issue not more than 150,000,000 one-dollar pieces.

States that subject to the specific requirements of this Act, coins of the United States shall be of such design as the Secretary of the Treasury may approve.

Permits the Secretary to manufacture coinage for any foreign country applying for the same, according to the specifications provided by such country, and he shall charge fees of not less than his estimated cost of coinage.

Authorizes to be maintained in the Treasury a bullion and coinage metal fund, and a coinage profit fund. Permits the Secretary to use the bullion and coinage metal fund for the purchase of bullion and other metals for coinage.

Provides for annual meeting of the assay commissioners to secure a due conformity in the coins.

Provides that except as provided in this Act all coins and currencies of the United States regardless of when coined or issued, shall be legal tender for all debts, public and private, public charges, taxes, duties, and dues.

Authorizes the Secretary under such rules and regulations as he may prescribe to prohibit, curtail, or regulate the exportation, melting, or treating of any coin of the United States whenever in his judgement such action is necessary to protect the coinage of the United States. Provides criminal penalties for violations of such.

Title III: Miscellaneous States that an order, license, rule, or regulation in effect under a law repealed by this Act shall continue in effect under any authority provided by this Act until such order, license, rule, or regulation is repealed, amended, or superseded. Provides for the repeal of specified statutes.