
The Way I Heard It with Mike Rowe 455: Philip Diehl—Flying Over the Hump
9 snips
Oct 21, 2025 In this engaging conversation, Philip Diehl, former Director of the U.S. Mint and current president of U.S. Money Reserve, delves into the fascinating world of coinage. He shares the story behind the wildly successful 50 State Quarters program and offers insights into the Mint's operations and security, including Fort Knox. Diehl also discusses the ongoing significance of gold, the importance of skilled trades, and the challenges faced in redesigning currency. Plus, hear how historical elements can intersect with money and public service.
AI Snips
Chapters
Books
Transcript
Episode notes
Chance Meeting Sparks Coin Projects
- Philip Diehl describes meeting Mike Rowe in a Liechtenstein bar, which led to their later collaboration on commemorative coins.
- The chance conversation sparked projects honoring veterans and tradespeople that raised significant funds for scholarships.
The Mint's Hidden Roles
- The U.S. Mint does far more than circulating coin production, including bullion, collectibles, and facility protection.
- Diehl emphasizes the Mint's global distribution role and its security responsibilities like Fort Knox.
Fort Knox: Real Gold, Real Security
- Diehl visited Fort Knox and confirms the gold is really there, describing austere vaults and heavy security measures.
- He recounts incidents of drunk soldiers attempting to climb the fence, underscoring real-world vulnerabilities and protections.










