The Department of the Treasury has a coinage metal fund and a coinage profit fund. The Secretary may use the coinage metal fund to buy metal to mint coins. The Secretary shall credit the coinage profit fund with the amount by which the nominal value of the coins minted from the metal exceeds the cost of the metal. The Secretary shall charge the coinage profit fund with waste incurred in minting coins and the cost of distributing the coins, including the cost of coin bags and pallets. The Secretary shall deposit in the Treasury as miscellaneous receipts excess amounts in the coinage profit fund.

Section History

Added: [Stat. 26-18, Coin and Banknote Introduction Act](https://ols.krameria.xyz/Stat-26-18-Coin-and-Banknote-Introduction-Act-acd98135792541ce8ab98ab30f530be3) , § 2

Other Notes