United States Mint to Discontinue $1 Coin 500-Coin Boxes
WASHINGTON - The United States Mint announced today that it will discontinue the $1 coin 500-coin boxes (both Presidential $1 and Native American $1) in 2014.
The United States Mint introduced the 500-coin boxes in 2012 as a convenient way for its customers to purchase $1 coins in large quantities after the discontinuation of the bulk bag program. This option was among several changes to the $1 coin product line the bureau made in conjunction with the decision in December 2011 to stop issuing the coins to the Federal Reserve for general circulation.
Since that time, however, sales of the 500-coin boxes have declined. As a result, the bureau will discontinue the 500-coin boxes in 2014. Customers with 500-coin box subscriptions may change their subscriptions to a 250-coin box option. Boxes with 500 coins issued in 2013 will be available until June 30, 2014.
For more information, please visit http://www.usmint.gov/catalog or call 1-800-USA-MINT (872-6468).
The United States Mint was created by Congress in 1792 and became part of the Department of the Treasury in 1873. It is the Nation's sole manufacturer of legal tender coinage and is responsible for producing circulating coinage for the Nation to conduct its trade and commerce. The United States Mint also produces numismatic products, including proof, uncirculated, and commemorative coins; Congressional Gold Medals; and silver and gold bullion coins. The United States Mint's numismatic programs are self-sustaining and operate at no cost to the taxpayer.
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