Wealthy Max publicly unseals 13 metric tons of mutilated coins
Coin World
by Paul Gilkes
Tries to clear name in federal civil forfeiture case
A Chinese firm has begun a media campaign aimed to clear its name in a dispute involving the U.S. Mint and recycled U.S. coins.
The firm also aims to obtain release of millions of dollars in compensation from recycled U.S. coins under the U.S. Mint’s currently suspended Mutilated Coin Redemption Program. To that end, China-based Wealth Max Ltd. conducted what company officials said was an open inspection Feb. 23, in front of television cameras, of crates containing 13 metric tons of coins.