FR 2021-01960

The document from the Federal Register is a notice from the United States Mint, which is part of the Treasury Department. It pertains to the pricing of a collectible item: the Armed Forces 2.5 oz. Silver Medals, which has been set at $160.00. The purpose of this notice is to officially communicate the price to the public and provide contact information for any inquiries.

General Summary

This notice is a straightforward pricing announcement from the United States Mint. The notice not only confirms the price but also references the legal authority under which the Mint operates, specifically citing 31 U.S.C. 5111(a)(2). It serves as a formal communication for anyone interested in purchasing these silver medals, detailing their price point and how to contact the appropriate Mint personnel for more information.

Significant Issues or Concerns

The notice itself does not present any immediate issues or concerns. It is a simple pricing announcement with no additional implications or hidden complexities based on the information given. The documentation is clear and concise, suggesting a well-structured approach to communicating with the public and relevant stakeholders.

Impact on the Public

For the general public, this notice is primarily of interest to collectors of commemorative medals or those with an interest in military-themed collectibles. The price point of $160.00 may influence purchasing decisions for potential buyers, making it relevant information for those considering adding this item to their collection.

Impact on Specific Stakeholders

Collectors and Enthusiasts: This group might find the notice beneficial as it provides clear pricing information, allowing them to plan accordingly if they wish to acquire the silver medal.

Military and Veterans Associations: These organizations might view the silver medal as a meaningful collectible, potentially offering it as a commemorative item for their members. The notice informs them of potential costs in incorporating these medals into their offerings.

Retailers and Resellers: Businesses that focus on collectibles could find this notice useful as it prepares them to adjust their inventory strategies or marketing plans based on consumer demand for such items.

Overall, the document serves its purpose well in informing the public and preparing stakeholders for the release and pricing of the new Armed Forces silver medals. There are no apparent drawbacks or negative influences resulting from this announcement, assuming the price point is within the expectations and budget of interested parties.

In the Federal Register document from the United States Mint, Department of the Treasury, one key financial reference is identified: the pricing of the Armed Forces 2.5 oz. Silver Medals. The document announces the price set for these medals, which is $160.00. This figure stands as the central monetary reference and is crucial for consumers and collectors interested in purchasing these commemorative items.

The announcement primarily serves an informational purpose, communicating the sale price of a product offered by the United States Mint. It is important for potential buyers to know this price in advance to consider their purchasing decisions. Since this document is categorized as a "Notice," it does not imply any direct government spending, appropriations, or financial allocations in the sense of budgeting or expenditures beyond the standard operations of the Mint.

Although there are no explicit issues outlined in the document related to the pricing of the medals, the pricing itself reflects considerations such as the cost of materials, production, and other operational expenses borne by the United States Mint. The price point helps the Mint to cover these costs while also possibly generating revenue for its operations.

Understanding financial references in regulatory documents like this one helps consumers and stakeholders assess the value proposition of government-issued products. It ensures transparency in how public agencies price goods, maintaining a clear communication channel between the government and the public regarding financial matters involving commemorative and collectible items.