Department of Treasury November 1, 2016 – Federal Register Recent Federal Regulation Documents

Exchange of Coin
Document Number: 2016-26270
Type: Notice
Date: 2016-11-01
Agency: United States Mint, Department of Treasury, Department of the Treasury
For many years, the United States Mint has administered a program by which people and businesses could exchange bent and partial coins (commonly referred to as ``mutilated coins'') for reimbursement. On November 2, 2015, the Mint suspended the exchange program to assess the security of the program and develop additional safeguards to enhance the integrity of the acceptance and processing of mutilated coinage. Since that time, the Mint has made significant progress in evaluating risks and identifying potential remedial measures. This notice and request for comment is to supplement the information that the Mint has collected to date.
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