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Buying, Selling & Redeeming

If you do not find what you are looking for, also check out:

 


 
How can I get Presidential $1 Coins? 

They are available through several numismatic product options directly from the United States Mint at its Online Catalog - Presidential $1 Coin section


  

What proof sets, uncirculated sets, and other special commemorative sets being issued and how much do they cost?

Visit the U.S. Mint Online Catalog - Annual Sets for information on selection and price.


Where can I get a list of coin dealers?

A list of American Eagle and American Buffalo Gold Coin Program retailers is provided at www.usmint.gov/bullionretailer as a sample of local, as well as national, American Eagle and American Buffalo Gold Coin Program retailers.  Additional companies may be found in your local telephone book under “Coins” or “Gold.”  The companies that appear on this list are neither affiliated with, nor are they official dealers of the United States Mint.


I have an old coin and want to know what it is worth. Does the United States Mint appraise coins?

The United States Mint does not provide appraisal, authentication or grading services. However, coin dealers, numismatic trade publications or numismatic associations may be able to provide these types of services. Check the Internet or local listings for more information.


I have some coins that were damaged. Where can I redeem them?

The Treasury Department has prescribed regulations regarding uncurrent and mutilated coins.

Uncurrent coins are whole, but are worn or reduced in weight by natural abrasion. They are easily recognizable as to genuineness and denomination, and they are such that coin sorting and counting machines will accept them. Merchants and commercial banks will generally accept or refuse these coins at their discretion. However, Federal Reserve Banks and branches handle the redemption of uncurrent coins. Uncurrent coins are replaced with new coins of the same denomination by the Federal Reserve Banks, then forwarded to the United States Mint.

Mutilated coins, on the other hand, are coins that are bent, broken, not whole, or fused or melted together. The United States Mint is the only place that handles redemption of mutilated coins, and they should be sent to:

U.S. Mint at Post Office Box 400, Philadelphia, PA 19106. Phone: (215) 408-0203

All uncurrent or mutilated coins received by the Mint are melted, and the metal is shipped to a fabricator to be recycled in the manufacture of coinage strips.

 


 

How many coins does the U.S. Mint produce and where are they made?

Visit the U.S. Mint's Coin Production Figures page for complete stats. 


 

What are commemorative coins?

Commemorative coins are authorized by Congress to celebrate or honor American people, places, events, or institutions. Surcharges from the sales of these coins help fund a variety of organizations and projects. The restorations of Mount Rushmore, the Statue of Liberty, for instance, were both funded in part by funds from commemorative coin sales. Newly minted United States commemorative coins are only available directly from the United States Mint for a limited time, although they are subsequently available from collectors and coin dealers on the secondary market.


Will the Mint buy back my old coins?

No, the United States Mint does not repurchase any issue coins. It will redeem mutilated coins for their scrap metal value and will replace uncurrent coins with new coins of the same denomination. Numismatic items (coins) may be resold in the secondary market. You may wish to contact a local coin dealer if you are interested in selling your coins.


 
Last Updated: 8/28/2014 10:37 AM

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