United States Mint to Discontinue $1 Coin 500-Coin Boxes

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 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.