U.S. Money Reserve President and Former Mint Director Philip N. Diehl Attends Induction Ceremony for Paul Hollis as the 41st United States Mint Director
PR Newswire
AUSTIN, Texas, Feb. 27, 2026
AUSTIN, Texas, Feb. 27, 2026 /PRNewswire/ -- U.S. Money Reserve, one of the nation's largest private distributors of physical precious metals, today announced that company president and 35th Director of the U.S. Mint, Philip N. Diehl, attended the ceremonial swearing-in of Paul Hollis as the 41st Director of the United States Mint in Washington, D.C.
Director Hollis, who was nominated by President Donald J. Trump and confirmed by the U.S. Senate on December 18, brings an unprecedented depth of hobbyist and professional numismatic experience to the position. Hollis has spent more than 30 years as a professional numismatist. His background includes service on the Industry Council for Tangible Assets and the Numismatic Literary Guild, as well as a distinguished career in public service as a member of the Louisiana House of Representatives from 2012 to 2024.
"Witnessing the swearing-in of my friend Paul Hollis was a great privilege," said Diehl. "As a former Director of the Mint, I understand the unique responsibilities of this office. Being led by someone with such a deep-rooted appreciation for the 234-year history and the craftsmanship of American coinage is a very positive development for the institution. And Paul's background as a lifelong collector and numismatist gives him a valuable perspective that will serve the Mint and the collecting and investing communities well."
Following the ceremony, Hollis is set to lead the Mint's design, production, and sales of circulating, numismatic, and bullion coins and medals. U.S. Money Reserve joins the numismatic community in welcoming a Mint Director who fundamentally understands the perspectives of both American coin collectors and those seeking to benefit from the diversification and wealth protection benefits of physical precious metals.
About U.S. Money Reserve
U.S. Money Reserve is widely known as one of the world's largest private distributors of U.S. and foreign government-issued gold, silver, platinum, and palladium legal-tender products. Since its founding in 2001, the company has expanded its expertise to include precious metals IRAs and has guided more than one million clients seeking to diversify their portfolios with physical precious metals. In 2025, U.S. Money Reserve was named as the #1 Precious Metals Distributor by Equity Trust Company based on newly opened accounts in 2024 and 2025.
U.S. Money Reserve's uniquely trained team includes coin research and numismatic professionals equipped with the market knowledge to help clients select products that offer the highest profit potential for precious metals buyers at every level. U.S. Money Reserve goes above the industry standard to provide superior service, with the goal of establishing long-term relationships with each and every one of its clients. U.S. Money Reserve is based in Austin, Texas, with offices in Scottsdale, Arizona and Houston, Texas.
Learn more at https://www.usmoneyreserve.com/, watch videos on U.S. Money Reserve's YouTube page, like U.S. Money Reserve on Instagram and Facebook, connect with us on LinkedIn, and follow us on X @USMoneyReserve.
Davis MacMillan
RF|Binder
davis.macmillan@rfbinder.com
212-994-7509
View original content to download multimedia:https://www.prnewswire.com/news-releases/us-money-reserve-president-and-former-mint-director-philip-n-diehl-attends-induction-ceremony-for-paul-hollis-as-the-41st-united-states-mint-director-302699659.html
SOURCE U.S. Money Reserve

