The E-Sylum:  Volume 10, Number 45, November 4, 2007, Article 23

U.S. MINT CAN ISSUE FINES

[Don't take the name of the U.S. Mint in vain -- you
could be fined.  -Editor]

"he United States Mint announced on Tuesday in a press
release that it can now fine companies and other entities
that misuse the agency's or U.S. Department of the Treasury's
names, symbols, and emblems. This move comes with the intent
of protecting consumers and coin collectors. This new
regulation was approved by the U.S. Department of the
Treasury and it authorizes the United States Mint to
exact civil fines against any companies or persons who
use the Department of the Treasury's or United States
Mint's names, emblems, or symbols so as to convey to
consumers the false impression of there being a sponsorship,
endorsement, or association with the two government agencies.

"'This regulation will not affect the vast majority of
individuals and businesses selling coins or coin products,'
said United States Mint Director Ed Moy in the press release.
'The rule will create a higher level of consumer awareness,
by defending the integrity of the United States Mint's names,
emblems, and symbols,' Moy continued.

"According to the press release, the United States Mint now
has the right to fine $5,000 for each and every incident of
misuse of the Mint's or Treasury Department's names, symbols,
or emblems. Furthermore, any such misuse of the agencies'
names, symbols, or emblems could result in an up-to $25,000
fine for each and every misuse in broadcasts and telecasts."

To read the complete article, see:
Full Story

  Wayne Homren, Editor

	coinbooks.org Web

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