New Member is Appointed to Citizens Coinage Advisory Committee

April 11, 2011

WASHINGTON — The United States Mint today announced that Erik N. Jansen has been appointed to the Citizens Coinage Advisory Committee (CCAC). Mr. Jansen, identified through public outreach, was appointed to the position of member representing the interests of the general public in the coinage of the United States. His four–year term on the CCAC will extend to March 2015.

Mr. Jansen is the Chief Executive Officer and co–founder of a medical device firm in Mercer Island, Washington. In addition to his significant business experience, Mr. Jansen has a long history of successful non–profit and philanthropic work, especially in the area of education. He is a life–long coin collector and has a deep knowledge of coinage and many of the numismatic–related issues facing the CCAC and the United States Mint. Mr. Jansen holds a B.S. degree in electrical engineering and M.B.A and M.S. degrees in computer science.

Established by an Act of Congress in 2003, the CCAC advises the Secretary of the Treasury on theme and design proposals relating to circulating coinage, bullion coinage, Congressional Gold Medals, and other medals produced by the United States Mint. The CCAC also makes commemorative coin recommendations to the Secretary and advises on the events, persons or places to be commemorated, as well as on the mintage levels and proposed designs.

The CCAC is subject to the authority of the Secretary of the Treasury. The United States Mint is responsible for providing necessary and appropriate administrative support, technical services and advice.

The CCAC submits an annual report to Congress and the Secretary of the Treasury, describing its activities and providing recommendations.

Four of the 11 CCAC member positions are appointed by the Secretary of the Treasury based on the recommendations of the Congressional leadership. The Secretary appoints the seven remaining positions through an open application process.

The United States Mint, created by Congress in 1792, 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 proof, uncirculated and commemorative coins; Congressional Gold Medals; and silver, gold and platinum bullion coins.

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