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Electronic Code of Federal Regulations

e-CFR data is current as of December 12, 2019

Title 31Subtitle BChapter I → Part 56


Title 31: Money and Finance: Treasury


PART 56—DOMESTIC GOLD AND SILVER OPERATIONS SALE OF SILVER


Contents
§56.1   Conditions upon which silver will be sold.
§56.2   Sales price.

Authority: Sec. 209, 79 Stat. 257; 31 U.S.C. 405a-1.

§56.1   Conditions upon which silver will be sold.

The General Services Administration, as agent for the Treasury Department, will conduct periodic sales of silver as agreed upon between GSA and the Treasury Department. Sales will be under competitive bidding procedures established by agreement between GSA and the Treasury Department. Details of the bidding and selling procedures are obtainable by telephone or by writing to General Services Administration, Property Management and Disposal Service, Industry Materials Division, Metals Project, Washington, DC 20405.

[32 FR 13380, Sept. 22, 1967]

§56.2   Sales price.

Sales of silver will be at prices offered through the competitive bidding procedures referred to in §56.1, and accepted by the GSA.

[32 FR 13380, Sept. 22, 1967]

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