U.S. Mint ends exchange of mutilated coin

The United States Mint has published [89 FR 78241] a final rule in the Federal Register removing the Treasury Department's regulations relating to the exchange of bent, partial, fused, and mixed coins, thus ending the Mint's exchange program for bent and partial coin, effective October 25, 2024.

In August 2018, the United States Mint suspended the redemption program due to the possibility of unlawful material being submitted for redemption. On May 5, 2021, the United States Mint issued a notice of proposed rulemaking proposing certain revisions to these regulations (86 FR 23877), which was withdrawn on May 3, 2024 (89 FR 36721). The United States Mint subsequently decided to close the bent and partial coin exchange program.