Amazing articles on just about every subject...



Redemption Of Fractional Silver Coin

( Originally Published 1918 )



The holder of any of the silver coins of the United States of smaller denominations than one dollar may, on presentation of the same in sums of twenty dollars, or any multiple thereof, at the office of the Treasurer or any Assistant Treasurer of the United States, receive therefor lawful money of the United States.

The coins for exchange should be put up by denominations, and each package marked with the amount it contains.

No coins mutilated so as to be unfit for circulation will be received.

When the coins are forwarded to the Treasury by express, they should be addressed to the Treasurer U. S., Washington, D. C.

Issue and Redemption of Minor Coins

The minor coins of the United States of the denominations of one cent, and five cents, are issued and forwarded free of expense, upon application to the Superintendent of the Mint at Philadelphia, for lawful money of the United States in sums of twenty dollars, or multiples thereof. Remittances may be made by postoffice money orders or sight drafts to the order of said superintendent, payable in New York or Philadelphia.

The Treasurer and Assistant Treasurers are authorized to pay out, for United States notes, and minor coins not needed in the current business of their offices.

Coins of copper, bronze, and copper nickel may be presented in sums of twenty dollars, or multiples thereof, assorted by denominations and issues, at the mint in Philadelphia, or to the Treasurer or any Assistant Treasurer, for redemption in lawful money.

A letter of advice should accompany the package, stating the amount and kind of coins, and the name of the owner.

Mutilated minor coins will not be redeemed or exchanged.



Home | More Articles | Email: info@oldandsold.com