NNP

NEWMAN PORTAL: U.S. MINT'S BOLIVIAN COINS

An 1883 letter from Chief of the Secret Service, James J. Brooks, to Superintendent of the Mint,A. Loudon Snowden, mentions government operatives and inquiries set afoot. Even thoughit sounds like an excerpt from a Sherlock Holmes novel, this National Archives correspondence,recently transcribed by the Newman Portal, discusses the possibility of the U.S. Mint strikingcoins for the country of Bolivia. The Mint was authorized to produce coins for foreign countriesas specified by an Act of Congress approved on January 29, 1874. However, the correspondenceraises questions about the authenticity of Bolivia's petition and Brooks requests of Snowdenthat no action be taken...as to the preparation of dies for the coining of Bolivian money.

Sixty years later, the outcome was much different when Bolivia was one of more than 20countries for which the United States produced coins during World War II. Due to the globaleconomic challenges brought on by this War, many countries were unable to make their owncoins and the United States helped them maintain their monetary systems. During the War,these foreign coins were produced at cost and did not yield any profit for the Mint. BetweenJuly 1, 1942 and June 30, 1944, they produced 30 million Bolivian coins, evenly divided amongthe denominations of 10, 20, and 50 centavos.

Image: 1942 50 centavos PCGS MS66+RD; Pasadena Collection Registry Set

Image: Annual Report of the Director of the Mint for the Fiscal Year ending June 30, 1944, p. 53

Link to 3 pieces of correspondence regarding Bolivian coins:
https://nnp.wustl.edu/library/book/599780

Link to the Mint Report for the Fiscal Year ending June 30, 1943
https://archive.org/details/annualreportofte1943unit/page/40/mode/2up?q=Bolivia

Link to the Mint Report for the Fiscal Year ending June 30, 1944:
https://archive.org/details/AnnualReportOfTheDirectorOfTheMint1944/page/n55/mode/2up?