United States Mint Announces Bulk Purchase Program
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WASHINGTON – The United States Mint today announced the new Bulk Purchase
Program for registered purchasers. A five percent discount will be applied
to all purchases of $5,000 or more of qualifying products. An additional
five percent rebate will be given to those who purchase a minimum of $50,000
or more of qualifying products annually.
The rebate will automatically be processed at the close of the year. The
annual sales period begins January 1, 2003, and runs through December 31,
2003. Qualified purchasers must apply to be eligible for this program.
Applications will be accepted anytime during the year. Rebate calculations
will begin from the day the United States Mint confirms approval of the
“We appreciate dealers’ support of the genuine United States Mint brand
and we hope this will encourage continued participation in our programs,”
said United States Mint Director Henrietta Holsman Fore.
To become a Registered Bulk Purchaser, applicants must have worked as a
full-time coin dealer for at least five years, and possess a current state
resale number and business license. Registration forms can be faxed to (202)
756-6585 or mailed to the United States Mint. If registration forms are
mailed, please allow an additional two to three weeks for processing.
Registration forms that are mailed through other overnight services will
arrive within the scheduled delivery time.
Individual qualifying purchases for the immediate five percent discount
must be at least $5,000 or more. Orders may combine any assortment of United
States Mint Proof Sets, United States Mint Silver Proof Sets and all
American Eagle Proof Coins. A one percent shipping and handling charge for
all domestic orders, and a two percent charge for international orders will
be added to the retail price of all qualifying purchases.
At the end of 2003, total qualifying purchases will be combined and, for
those registered purchasers with an annual total of $50,000 or more, an
automatic five percent rebate on the total purchase price will be issued. In
addition to meeting the $50,000 requirement, Registered Bulk Purchasers must
have purchased during the year a minimum of 100 units each from the
categories of United States Mint Proof Sets, Silver Proof Sets and American
Eagle Proof Coins.
For more information about the program, including complete terms and
conditions and registration forms, please visit www.usmint.gov/consumer or
call (202) 354-7500 and ask for the Bulk Purchase Program Manager.
Contact: Press inquiries: Michael White (202) 354-7222 Customer Service
information: (800) USA MINT (872-6468)