Department of Treasury February 5, 2007 – Federal Register Recent Federal Regulation Documents

The United States Mint is establishing prices for its 2007 American Eagle Gold and Silver Coins. Pursuant to the authority that 31 U.S.C. 5111(a)(3) and 5112(e), (f), & (i) grant the Secretary of the Treasury to mint and issue gold and silver coins, and to prepare and distribute numismatic items, the United States Mint mints and issues American Eagle Gold Proof Coins in four denominations with the following weights: one-ounce, one-half ounce, one-quarter ounce, and one-tenth ounce. The United States Mint also produces a four-coin set that contains one coin of each denomination. In addition, the United States Mint produces American Eagle Silver Proof and Uncirculated coins with one ounce of silver in each coin. In accordance with 31 U.S.C. 9701(b)(2)(B), the United States Mint is changing the price of these coins to reflect the increase in value of the underlying precious metal content of the coinsthe result of increases in the market price of gold and silver. Accordingly, effective February 1, 2007, the United States Mint will commence selling the following 2007 American Eagle gold and silver coins according to the following price schedule:

This document contains final and temporary regulations under section 367(a) of the Internal Revenue Code (Code) regarding gain recognition agreements. The final regulations are necessary to update cross-references in the current regulations. The temporary regulations are necessary to respond to comments requested in Notice 2005-74. The regulations primarily affect U.S. persons that transfer stock or securities to foreign corporations or corporations engaged in transactions that affect existing gain recognition agreements. The text of these temporary regulations also serves as the text of the proposed regulations (REG-147144-06) set forth in the notice of proposed rulemaking on this subject published elsewhere in this issue of the Federal Register.