Philip N. Diehl Celebrates Induction of Paul Hollis as Mint Director

Celebrating New Leadership at the U.S. Mint

On February 27, 2026, history was made when Paul Hollis was sworn in as the 41st Director of the United States Mint in a ceremony attended by notable figures, including Philip N. Diehl, the former Mint Director and current president of the U.S. Money Reserve. As one of the largest private distributors of precious metals, U.S. Money Reserve has a vested interest in the activities of the Mint, making Diehl's presence at this event particularly significant.

Hollis, who was appointed by President Donald J. Trump and confirmed by the U.S. Senate in late 2025, brings over three decades of expertise in numismatics—a field encompassing the study and collection of currency, including coins, tokens, paper money, and related objects. His extensive background includes roles on pivotal organizations such as the Industry Council for Tangible Assets and the Numismatic Literary Guild, alongside serving in the Louisiana House of Representatives from 2012 to 2024.

Diehl expressed great pride in attending the ceremony, stating, “Witnessing the swearing-in of my friend Paul Hollis was a great privilege. As a former Director of the Mint, I understand the unique responsibilities of this office.” He highlighted Hollis' profound appreciation for the Mint’s rich 234-year history and the artistry inherent in American coinage. This perspective is essential as the Mint navigates the balance between traditional practices and modern demands in coin production.

The new Mint Director will oversee a range of functions including the design, production, and distribution of circulating, numismatic, and bullion coins and medals. U.S. Money Reserve believes that having Hollis at the helm will greatly benefit both the Mint and the community of coin collectors, providing a strong bridge between the Mint's operations and the interests of collectors and investors

Recognizing the Mint’s vital role in the economy, Diehl noted that Hollis' experience will contribute positively to the Mint's relationship with individuals looking to diversify their investments through physical precious metals. For collectors, this new leadership signifies a reassuring commitment to values respecting the heritage and craftsmanship of American coins.

As U.S. Money Reserve reflects on its ongoing relationship with the Mint, it remains committed to educating the public on the advantages of investing in precious metals. Founded in 2001, the company has served over a million clients, guiding them in enhancing their portfolios through gold, silver, and other precious metal products. Its expertise has been recognized with accolades in the industry, including being named the #1 Precious Metals Distributor by Equity Trust Company for 2024 and 2025.

In closing, the induction of Paul Hollis as the 41st Director of the U.S. Mint marks an important milestone not only for the Mint but for the numismatic community at large. It is a moment that echoes the evolving landscape of currency and the enduring importance of history, preservation, and innovation in shaping the future of American coinage.

As we move forward, the synergy between Hollis' vision and the collective interests of the U.S. Money Reserve and the buying community may very well herald a new era of excellence in numismatics.