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<p>[QUOTE=&quot;Cloudsweeper99, post: 289878, member: 3011&quot;]I&#039;m just going from memory here, but I don&#039;t think the Fed would be permitted to melt coins, although they could collect them and return them to the Treasury to melt if so instructed.&nbsp; I believe that by charter, the only assets the Fed can hold are US Treasury securities and loans to member banks.&nbsp; They can request and return coins to the Treasury as needed, but going into the smelting business would be beyond the scope of their operations.[/QUOTE]</p><p><br /></p>

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