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Mint (money) facts for kids

Kids Encyclopedia Facts
Mold for making banliang coins
A mold for making coins, found at an excavation in China.
1831 coining press (M.A.N. 1873-22-19) 01
A French-made machine from 1831 that made coins.

A mint is a special factory where coins are made. These coins are used as currency, which is a system of money.

When people talk about a coin being in "mint condition," it means the coin looks exactly like it did when it first left the factory. It has never been used or circulated among people.

The History of Money and Mints

For a very long time, people did not use coins as money. Instead, they used pieces of metal like rings, ornaments, or even weapons. Ancient civilizations such as the Egyptians, Chaldeans, and Assyrians used these items for thousands of years.

Where Were the First Mints?

The very first place that might have had a mint was Lydia. This was around the 7th century BC. In Lydia, they started making coins from gold, silver, and a natural mix of gold and silver called electrum.

This new idea of making coins quickly spread to nearby Greece. Many Greek city-states then started their own mints. Some of the earliest Greek mints were on islands like Crete. For example, the ancient city of Cydonia on Crete had a mint by at least the fifth century BC.

Horse head, rough incuse
This coin from Ionia, made between 600 and 550 BC, shows a horse head. It is an early example of a hammered coin.

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See also

Kids robot.svg In Spanish: Casa de moneda para niños

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