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31 CFR Part 56

Part 56—Domestic Gold and Silver Operations Sale of Silver

Money and Finance: Treasury · Chapter I, Chapter I—Monetary Offices, Department of the Treasury

31 CFR Part 56
Official text on eCFR ↗
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94
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2
Last amended
December 30, 2016

31 CFR Part 56

Text as published by eCFR on .

PART 56—DOMESTIC GOLD AND SILVER OPERATIONS SALE OF SILVER

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]