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2016-04-29
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Extension of Suspension of Coin Exchange by United States Mint
Notices
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United States
Department of the Treasury
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United States Mint
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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.
81 FR 25763
https://www.govinfo.gov/app/details/FR-2016-04-29/2016-10123
2016-10123
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https://www.govinfo.gov/app/details/FR-2016-04-29/2016-10123
https://www.govinfo.gov/content/pkg/FR-2016-04-29/html/2016-10123.htm
https://www.govinfo.gov/content/pkg/FR-2016-04-29/pdf/2016-10123.pdf
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Extension of Suspension of Coin Exchange by United States Mint; Federal Register Vol. 81, Issue
NOTICE
2016-10123
DEPARTMENT OF THE TREASURY
United States Mint
2016-05-02
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2016-10123
Notice.
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.
Effective May 2, 2016.
Tom Jurkowsky; Director, Office of Corporate Communications; United States Mint; Washington, DC; at (202) 354-7720 or tom.jurkowsky@usmint.treas.gov.
Coin Exchange; Suspension Extension
,
tom.jurkowsky@usmint.treas.gov
Federal Register
Vol. 81, no. 83
Office of the Federal Register, National Archives and Records Administration
2016-04-29
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Table of Contents:
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AE 2.106:
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https://www.govinfo.gov/app/details/FR-2016-04-29
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https://www.govinfo.gov/app/details/FR-2016-04-29
https://www.govinfo.gov/content/pkg/FR-2016-04-29/pdf/FR-2016-04-29.pdf
https://www.govinfo.gov/content/pkg/FR-2016-04-29/xml/FR-2016-04-29.xml
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