Federal Register - May 5, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 85 / Wednesday, May 5, 2021 / Proposed Rules
bank account number and routing number for a checking or savings account at a bank or other financial institution such as a mutual fund, brokerage firm, or credit union in the United States.
3 Participants will be required to provide information for how the participant came into custody of the bent or partial coins. The United States Mint reserves the right to request additional information.
4 The United States Mint reserves the right to test samples from any submission to authenticate the genuineness of the coins. The size of the sample will be limited to the amount necessary for authentication. Testing may result in partial or complete destruction of the sample.
5 The United States Mint reserves the right to conduct site visits to verify information provided to the United States Mint.
6 Each participant is limited to submitting no more than 1,000 lbs. of coins per month.
7 No redemption will be made when:
i A submission contains any counterfeit coins;
ii A submission demonstrates a pattern of systematic or intentional mutilation or demonstrates an attempt to defraud the United States;
iii A submission appears to be part of, or intended to further, any criminal activity;
iv A submission contains a material misrepresentation of facts;
v Material presented is not identifiable as United States coins;
vi A submission contains any contaminant that could render the coins unsuitable for coinage metal or contains hazardous materials;
vii A submission contains more than a nominal amount of uncurrent coins;
viii A submission contains coins imported from outside of the United States; or ix A submission, contains coins damaged in industrial or recycling processes such as shredders, burnishers, incinerators, exposure to elevated temperatures, or coins that have been drilled, punctured, ground, polished, etched, or chemically treated.
8 If redemption is denied on the basis of paragraph c7i, ii, iii, or iv of this section, the entire submission will be turned over to law enforcement authorities. Counterfeit coins and the entire submission may be subject to forfeiture under 18 U.S.C.
492.
9 If redemption is denied on the basis of paragraph c7v, vi, vii, viii, or ix of this section, the
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participant will be notified to retrieve the entire submission, at the participants sole expense, within 30
days. If the submission is not retrieved in a timely manner, the entire submission will be treated as voluntarily abandoned property, pursuant to 41 CFR 10241.80, and will be retained or disposed of by the United States Mint.
10 The Director of the United States Mint, or designee, shall have final authority with respect to all aspects of redemptions of bent or partial coin submissions.
d Redemption rates1 Generally.
Participants shall separate bent or partial coins by denomination in lots of at least one pound for each denomination category. The United States Mint will redeem bent or partial coins on the basis of their weight and denomination at the following rates:
i One-Cent Coins: $1.4585 per pound.
ii 5-Cent Coins: $4.5359 per pound.
iii Dime, Quarter-Dollar, and HalfDollar Coins: $20.00 per pound.
iv $1 Coins: $20.00 per pound.
2 Exceptions. i The United States Mint will redeem one-cent coins inscribed with a year after 1982 at the rate set forth at paragraph d1i of this section unless such one-cent coins are presented unmixed from one-cent coins inscribed with a year before 1983.
The United States Mint will redeem unmixed one-cent coins inscribed with a year after 1982 at a rate of $1.8100 per pound.
ii The United States Mint will redeem $1 coins inscribed with a year after 1978 at the rate set forth at paragraph d1iv of this section unless such $1 coins are presented unmixed from $1 coins inscribed with a year before 1979. The United States Mint will redeem unmixed $1 coins inscribed with a year after 1978 at a rate of $56.00 per pound.
e Redemption sites. Coins are shipped at the senders risk of loss and expense.
1 Bent and partial coins submitted in quantities less than or equal to a threshold established annually by the United States Mint will be redeemed only at the United States Mint at Philadelphia, P.O. Box 400, Philadelphia, PA 19105.
2 Bent and partial coins submitted in quantities greater than a threshold established annually should be scheduled with the United States Mint, and the participant may be required to send the shipment directly to the authorized recyclers of the United States Mint.
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100.12
Exchange of fused or mixed coin.
a Definitions. 1 Fused coins are U.S. coins that are melted to the extent that they are bonded together.
2 Mixed coins are U.S. coins of several alloy categories that are presented together, but are readily and clearly identifiable as U.S. coins.
b Fused and mixed coins. The United States Mint will not accept fused coins for redemption. The United States Mint will not accept mixed coins for redemption, except as provided for in 100.11d2.
100.13
Notices.
a Additional information and procedures about the United States Mints redemption of bent or partial coins can be found on the United States Mints website.
b Criminal penalties connected with the defacement or mutilation of U.S.
coins are provided in 18 U.S.C. 331.
c Notwithstanding any other provision of this subpart, the Director of the United States Mint may provide information pertaining to any bent or partial coin submissions, or turn over the entire submission, to law enforcement officials or other third parties for purposes of investigating related criminal activity or for purposes of seeking a civil judgment.
d Whoever intentionally files a false claim seeking reimbursement for uncurrent, bent, or partial coins may be held criminally liable under a number of statutes including 18 U.S.C. 287 and 18 U.S.C. 1341 and may be held civilly liable under 31 U.S.C. 3729, et seq.
John F. Schorn, Chief Counsel, United States Mint.
FR Doc. 202109338 Filed 5421; 8:45 am BILLING CODE 481037P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard 33 CFR Part 117
Docket No. USCG20200033
RIN 1625AA09
Drawbridge Operation Regulation:
Rainy River, Rainy Lake and Their Tributaries, Rainier, MN
Coast Guard, DHS.
Notice of proposed rulemaking.
AGENCY:
ACTION:
The Coast Guard proposes to authorize the Canadian National Railroad Bridge, mile 85.0, across the Rainy River to operate remotely. The
SUMMARY:
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