Who does the U.S. Mint sell to?

The United States Mint does not sell its bullion coins directly to the public. Instead, we distribute the coins through a network of official distributors called “Authorized Purchasers” who, in turn, create a two-way market buying and selling to wholesalers, financial institutions, and other secondary retailers.

What does the U.S. Mint do with unsold coins?

United States Mint Police and staff witness the destruction, which is done with a coin destruction machine — manufactured by Kuster Engineering B.V., a Dutch firm — that “waffles” the coins, rendering then unusable as coins. The scrap metal is then sent back to the strip manufacturers for recycling.

Can you buy directly from the U.S. Mint?

Ordering Online or over the Phone The easiest way to buy from the U.S. Mint is via their Web site, usmint.gov. You can also buy through the toll-free ordering line, 1-800-USA-MINT (872-6468).

Does the U.S. Mint sell coins to the Federal Reserve?

The Mint generates revenue through the sale of circulating coins to the Federal Reserve Banks (FRB), numismatic products to the public, and bullion coins to authorized purchasers.

Can you buy silver Eagles directly from the U.S. Mint?

The silver, platinum, and palladium bullion coins are available in the one ounce size. The U.S. Mint does not sell American Eagle Bullion Coins directly to the public.

Who is the head of the US Mint?

Alison Doone
The director of the United States Mint is a presidential appointment that requires a Senate confirmation. The incumbent is Alison Doone, who became acting director of the Mint on October 1, 2021, after David J. Ryder left the office.

Can I buy a box of quarters from the bank?

Getting Quarters from a Bank. Ask your bank teller to exchange a $10 bill for a quarter roll. If you hold an account with a local bank, pay them a visit. If you haven’t already, take out some cash to exchange for quarters.

Is SD Bullion reputable?

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