31 C.F.R. Subpart C—Exchange of Coin
Title 31 - Money and Finance: Treasury
(a) Definition. Uncurrent coins are whole U.S. coins which are merely worn or reduced in weight by natural abrasion yet are readily and clearly recognizable as to genuineness and denomination and which are machine countable. (b) Redemption basis. Uncurrent coins will be redeemed at face value. (c) Criteria for acceptance. Uncurrent coins, forwarded for redemption at face value, must be shipped at the expense and risk of the owner. Shipments of subsidiary or minor coins for redemption at face value should be sorted by denomination into packages in sums of multiples of $20. Not more than $1,000 in any silver or clad coin, $200 in 5-cent pieces, or $50 in 1-cent pieces should be shipped in one bag or package. (d) Redemption sites. Uncurrent coins will be redeemed only at the Federal Reserve banks and branches listed in §100.17. (a) Definitions. (1) Bent coins are U.S. coins which are bent or deformed so as to preclude normal machine counting but which are readily and clearly identifiable as to genuineness and denomination. (2) Partial coins are U.S. coins which are not whole; partial coins must be readily and clearly identifiable as to genuineness and denomination. (b) Redemption basis. Bent and partial coins shall be presented separately by denomination category in lots of at least one pound for each category. Bent and partial coins shall be redeemed on the basis of their weight and denomination category rates (which is the weight equivalent of face value). If not presented separately by denomination category, bent and partial coins will not be accepted for redemption. Denomination categories and rates are Cents, @ $1.4585 per pound; Nickels, @ $4.5359 per pound; Dimes, Quarters, Halves, and Eisenhower Dollars @ $20.00 per pound; and Anthony Dollars @ $56.00 per pound. Copper plated zinc cents shall be redeemed at the face value equivalent of copper one cent coins. (c) Redemption site. Bent and partial coins will be redeemed only at the United States Mint, P.O. Box 400, Philadelphia, PA 19105. Coins are shipped at sender's risk and expense. [47 FR 32044, July 23, 1982, as amended at 64 FR 39920, July 23, 1999] (a) Definitions. (1) Fused coins are U.S. coins which are melted to the extent that they are bonded together and the majority of which are readily and clearly identifiable as U.S. coins. (2) Mixed coins are U.S. coins of several alloy categories which are presented together, but are readily and clearly identifiable as U.S. coins. (b) The United States Mint will not accept fused or mixed coins for redemption. (c) Criteria for acceptance. (1) A minimum of two pounds of fused and mixed coins is required for redemption. (2) Fused and mixed coins containing lead, solder, or other substance which will render them unsuitable for coinage metal will not be accepted. (d) Redemption site. Fused and mixed coins will be redeemed only at the United States Mint, P.O. Box 400, Philadelphia, PA 19105. Coins are shipped at sender's risk and expense. [47 FR 32044, July 23, 1982, as amended at 64 FR 39920, July 23, 1999] Criminal penalties connected with the defacement or mutilation of U.S. coins are provided in the United States Code, Title 18, section 331.
Title 31: Money and Finance: Treasury
PART 100—EXCHANGE OF PAPER CURRENCY AND COIN
Subpart C—Exchange of Coin
§ 100.10 Exchange of uncurrent coins.
§ 100.11 Exchange of bent and partial coins.
§ 100.12 Exchange of fused and mixed coins.
§ 100.13 Criminal penalties.
