Congress establishes the United States' 2nd mint in San Francisco.

The San Francisco Mint is a branch of the United States Mint. Opened in 1854 to serve the gold mines of the California gold rush, in twenty years its operations exceeded the capacity of the first building. It moved into a new one in 1874, now known as the Old San Francisco Mint. In 1937 Mint operations moved into a third building, the current one, completed that year.

San Francisco, officially the City and County of San Francisco, is a commercial, financial, and cultural center of Northern California. With a population of 827,526 residents as of 2024, San Francisco is the fourth-most populous city in the U.S. state of California and the 17th-most populous in the United States. San Francisco has a land area of 46.9 square miles at the upper end of the San Francisco Peninsula and is the fifth-most densely populated U.S. county. Among U.S. cities proper with over 250,000 residents, San Francisco is ranked first by per capita income and sixth by aggregate income as of 2023. San Francisco anchors the 13th-most populous metropolitan statistical area in the U.S., with almost 4.6 million residents in 2023. The larger San Jose–San Francisco–Oakland combined statistical area, the fifth-largest urban region in the U.S., had a 2023 estimated population of over nine million.