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Tuesday, April 15, 2014

US Mint Shares Stakeholder Feedback on Possible Circulating Coin Changes

http://news.coinupdate.com/us-mint-shares-stakeholder-feedback-on-possible-circulating-coin-chnages-3238/

Under the Coin Modernization, Oversight, and Continuity Act of 2010, the Mint has been conducting research and development activities on alternative metal compositions for circulating coins. The Act requires the Mint to provide biennial reports to Congress which include an analysis of the production costs for each circulating coin, the findings of an alternative metals study, and the Mint's recommendations with regards to potential changes in coin composition. The first required report delivered in December 2012 indicated that additional time was required before any recommendations could be made. The next report is due to Congress in December 2014.


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