Storage Units Fort Knox Ky – The United States Bullion Depot, often known as Fort Knox, is a fortified building near the United States Army post at Fort Knox, Kt. It is operated by the US Department of the Treasury. The vault is used to store most of the United States’ gold reserves, as well as other valuables held by or in the custody of the federal government. The country currently holds approximately 147 million troy ounces (4,580 tons) of gold bars, more than half of the total gold currently held by the federal government.

The Treasury Department built the depot in 1936 on land transferred by the Army. The goal is to stockpile gold stockpiles in New York City and Philadelphia, as part of a strategy to move gold reserves from coastal cities to areas vulnerable to foreign military attacks. The first shipment of gold to the warehouse took place in the first half of 1937. The second distribution was completed in 1941. Administered by the United States Post Office Department, the shipment contains approximately 417 million troy ounces (12,960 tons), or two-thirds of the total gold reserves of the United States.

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During World War II, the first signed United States Constitution, the Declaration of Independence, the Articles of Confederation, Lincoln’s Second Inaugural Address, and a draft of Lincoln’s Gettysburg Address were stored in the vaults for safekeeping, along with copies of Gutberg’s Bible and Illustrated Magna. Card. After the war, St. Steph and her stash of opium and morphine. Currently, a 1933 Double Eagle gold coin, a 1974 penny aluminum D, and twelve gold (22 carat) Sacagawe dollar coins are known to have been carried by Space Shuttle Columbia, specifically STS-93 in 1999.

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The warehouse is a secure facility. Between the perimeter and the concrete structure covered with granite is a razor wire circle. The campus is monitored with night vision video cameras and high definition microphones. The underground dome consists of steel plates, I-beams and cylinders covered with concrete. A torch and drill-resistant door is 21 inches (53 cm) thick and weighs 20 tons (18 tons). The vault door is equipped with a 100-hour lock, and it can only be opened by storage personnel who must choose a different combination. Visitors are not allowed to enter. It is so safe that the term “safe as Fort Knox” has become a cliché for safety and security.

The building was listed on the National Register of Historic Places in 1988 because of its “prominent landmark in frequent factual and fictional contexts” and its “outstanding significance” in the nation’s “economic history.” The location is at the intersection of Bullion Boulevard and Gold Vault Road.

In June 1935, the U.S. Treasury Department announced its intention to immediately build a gold reserve at Fort Knox, Kt. Its purpose was to store gold in the New York City Assay Office and the Philadelphia Mint. This is in line with the previously announced policy of shifting gold reserves from coastal cities to areas vulnerable to foreign military invasion. This policy led to the transfer of approximately 85.7 million troy ounces (2,666 tons) of gold from the San Francisco Mint to the Dever Mint. The first plans will be completed in August and call for a 10,000 square meter (930 m) site to be built.

He cites the location’s many military advantages. An army invading from the east coast had to fight its way through the Appalachian Mountains. The invading forces were further hampered as the region was isolated by rail and road. EV air travel to an area in the mountains is considered dangerous for pilots unfamiliar with the area. Finally, the army’s only fully mechanized cavalry unit was stationed at a nearby fort and could easily be deployed to defend stores.

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The Treasury Department began building a U.S. bullion depository in 1936 on land transferred from the military. The Gold Vault was completed in December for $560,000 (equivalent to $9,300,000 in 2022).

The first wave of gold shipments was delivered weekly from January 11 to June 17, 1937, and was tracked by the US Post Office Department.

The gold was transported from the New York Assay Office and the Philadelphia Mint on trains, escorted by mail trucks and the city police.

The gold was transferred from trains to army vehicles under the protection of soldiers armed with bulletproof vests and machine guns. The cars were escorted by armored vehicles from the 1st US Cavalry to the depot.

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The Post Office Department charged the Treasury to ship the box weight in gold using fourth-rate postage, plus insurance costs.

These shipments accounted for 44.84% of total US gold reserves, which were 351.9 million troy ounces (10,947 tons) at the time.

US Treasury Secretary Henry Morgthau Jr. Another gold shipment valued at 258.74 million troy ounces (8.048 tons) has been completed from Asay’s New York office to a depository. The total stockpile after delivery was 416.56 million troy ounces (12,956 tons).

This amount represents 65.58% of the total US gold reserves, which at the time were 635.2 million troy ounces (19,757 tons).

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This wave of shipments started in July last year and was tracked by the post office.

The construction and initial operation of the deposit took place at a time when total gold reserves in the United States were experiencing unprecedented growth. In the year These reserves jumped from 194 million troy ounces (6,019 tons) in 1933 to 503 million troy ounces (15,641 tons) in 1939. In the year In 1934, world gold production increased, political uncertainty in Europe led to capital flight, and net US imports of arms in Europe increased.

Much of the increase, to 277 million troy ounces (8,620 tons) so far, has come from imported gold. Of this amount, 174 million troy ounces (5,421 tons) came from foreign mines (mainly South Africa), 89 million troy ounces (2,755 metric tons) from foreign bank reserves (mainly French and British), the remainder from other sources (mainly South African). private property and India). In January 1934, under Executive Order 6102’s gold purchase program (requiring individuals and institutions to turn over all but a few gold coins and bullion) to the government, only 6 million troy ounces (178 tons) and 26 million were recovered. Troy ounce (800 tons) domestic production and production of gold and coins after January.

In the year By the end of 1940, total Treasury reserves had grown to 628.4 million troy ounces (19,546 tons) at all locations.

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In October 1941, total U.S. gold reserves in all areas reached 651.4 million troy ounces (20,262 metric tons), and by the end of the year it had reached 649.6 million troy ounces (20,206 metric tons).

Archibald McLeish signed the Declaration of Independence and the US Constitution in October 1944 after being captured at Fort Knox and returned to the Library of Congress.

Shortly after taking office in 1939, Librarian of Congress Archibald MacLeish expressed concern about the safety of the library’s treasures.

As the Battle of Britain raged in the summer and fall of 1940, MacLeish consulted the US Geological Survey. About an underground storage facility for “valuable pictures and books” and “within a reasonable distance from Washington.”

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In December 1940, he directed his staff to create a detailed catalog and storage area of ​​the Library of Congress’ most “irreplaceable” holdings. Priority is given to issues that are “critical to the history of democracy”.

When it became clear that Congress would not provide funding to build a separate facility, McLeish looked for other options.

On April 30, 1941, he asked the Secretary of the Treasury for several thousand cubic meters in Fort Knox for the most famous library materials. The librarian replied as the librarian offered T a cubic foot. In July, after inventory was completed, and it was determined that approximately 40,000 cubic feet would be needed to store all of the library’s unique and irreplaceable materials, the initial reduction t cubic feet was increased to 60.3 cubic feet.

These items are: United States Constitution (signed original); Declaration of Independence (signed first); Lincoln’s Second Inaugural Address (signed original); Lincoln’s Gettysburg Address (signed first and second drafts); Gutberg’s Bible (St. Blaise-St. Paul version); Articles of Confederation (original signed); and a copy of the Magna Carta from Lincoln Cathedral,

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The items were packed into four boxes and sent to storage by rail on December 26, 1941.

The camp is bombproof but not climate controlled etc

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