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Photograph

Interior of U.S. Assay Office, circa 1916

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The United States monetary system used to be on the gold standard. People used gold coins, as well as paper currency which was backed by gold. When gold started arriving in Seattle from the Klondike in 1898, the government opened an assay office to buy gold and to certify its purity.

In this photo, taken around 1916, a workman at the Seattle assay office pours molten gold into an ingot mold. At the time, each large bar of gold made this way was worth $28,000.

Webster & Stevens number: 49899
ID Number: 1983.10.10297
Date: Circa 1916
Creator(s): Webster & Stevens, Photographer
Physical Description: 1 negative : glass, b&w ; 8 x 10 in.
Credit: MOHAI, PEMCO Webster & Stevens Collection, 1983.10.10297
Copyright: No Known Copyright