View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

l l★K

Federal Reserve Bank
of Dallas

HELEN E. HOLCOMB
FIRST VICE PRESIDENT AND
CHIEF OPERATING OFFICER

March 15, 2000

DALLAS, TEXAS
75265-5906

Notice 2000-17
TO: The Chief Operating Officer of each
financial institution and others concerned
in the Eleventh Federal Reserve District
SUBJECT
Program for Direct Shipment of
Golden Dollars
DETAILS
The United States Mint and the Federal Reserve have developed a program to provide
direct shipments of Golden Dollars to community banks, credit unions, and savings and loans
across the country. This temporary program, which will accelerate shipments to small financial
institutions, “is designed to augment, not replace, the routine delivery of coins through the
Federal Reserve System,” said Philip N. Diehl, director of the Mint.
The program provides for direct shipment from the Mint of 1,000 or 2,000 Golden
Dollars in rolls of 25. Orders will be accepted via the Mint’s secure web site through March 31,
2000. Delivery is expected to require five to ten business days, and orders will be shipped on a
first-come basis.
By the end of March, the Mint expects to have placed 350 million Golden Dollars into
circulation—about 200 million through the Federal Reserve System and the rest through direct
shipment. It recently doubled Golden Dollar production to five million a day.
MORE INFORMATION
For more information, please contact Michael White, (202) 354-7222, at the U.S.
Mint, or Dave Skidmore, (202) 452-2955, at the Federal Reserve Board.
Sincerely,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal
Reserve Bank of Dallas: Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012;
Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102