[Federal Register Volume 80, Number 209 (Thursday, October 29, 2015)]
[Notices]
[Pages 66622-66623]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-27487]
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DEPARTMENT OF THE TREASURY
United States Mint
Suspension of Coin Exchange by United States Mint
ACTION: Suspension of Coin Exchange by United States Mint.
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SUMMARY: Under the authority of 31 U.S.C. 5120, the United States Mint
established a program by which people and businesses could exchange
bent and partial coins for reimbursement. Fused or mixed coins cannot
be redeemed by the United States Mint.
Because of the possibility of unlawful activity on the exchange
program, the United States Mint is suspending its redemption of bent
and partial coins for a period of six months to assess the security of
the program and develop additional safeguards, as necessary, to ensure
the integrity of United States coinage.
The redemption of uncurrent coins, as defined by 31 CFR 100.10(a),
is unaffected by this suspension.
[[Page 66623]]
Uncurrent coins may still be redeemed by Federal Reserve banks and
branches in accordance with the criteria and procedures set forth in 31
CFR 100.10.
DATES: Effective Date: November 2, 2015.
FOR FURTHER INFORMATION CONTACT: Tom Jurkowsky, Director, Office of
Corporate Communications, United States Mint, Washington, DC, at (202)
354-7222 or 354-7227 or [email protected].
Authority: 31 U.S.C. 5120
Dated: October 22, 2015.
Richard A. Peterson,
Deputy Director for Manufacturing and Quality, United States Mint.
[FR Doc. 2015-27487 Filed 10-28-15; 8:45 am]
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