[Federal Register Volume 81, Number 83 (Friday, April 29, 2016)]
[Notices]
[Page 25763]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-10123]
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DEPARTMENT OF THE TREASURY
United States Mint
Extension of Suspension of Coin Exchange by United States Mint
ACTION: Notice.
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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.
On November 2, 2015, the United States Mint suspended the exchange
program 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. Since that time, the United States
Mint has made significant progress in assessing the current state of
the program, evaluating risks, and identifying potential remedial
measures. Additionally, the United States Mint has engaged the services
of an independent contractor to assist us in these efforts. However,
due to recent litigation involving the exchange program and more time
needed to complete our work, the United States Mint is extending the
suspension of its redemption of bent and partial coins for an
additional period of six months.
DATES: Effective May 2, 2016.
FOR FURTHER INFORMATION CONTACT: Tom Jurkowsky; Director, Office of
Corporate Communications; United States Mint; Washington, DC; at (202)
354-7720 or [email protected].
Authority: 31 U.S.C. 5120.
Dated: April 26, 2016.
Richard A. Peterson,
Deputy Director for Manufacturing and Quality, United States Mint.
[FR Doc. 2016-10123 Filed 4-28-16; 8:45 am]
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