Washington — The United States Mint is resuming its Mutilated Coin Redemption Program.
Established under the authority of 31 U.S.C. § 5120, the program provides an avenue through which individuals and businesses can exchange bent and partial coins (commonly referred to as “mutilated coins”) for reimbursement.
In 2015, the Mint suspended the program to assess the security of the program and develop additional safeguards to enhance the integrity of the acceptance and processing of mutilated coinage. The Mint engaged in the rulemaking process to revise the Treasury regulations appearing at 31 C.F.R. part 100, subpart C. Additionally, the Mint published on its website detailed information relevant to the revised procedures for the exchange of mutilated coins.
Acceptance criteria for the Mint’s Mutilated Coin Redemption Program are available at the Mint’s website. Instructions for completing the application are available here.
About the United States Mint
The United States Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation’s sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces numismatic products, including Proof, Uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The United States Mint’s numismatic programs are self-sustaining and operate at no cost to the taxpayer.
Press release courtesy of the United States Mint.