31 CFR § 101.1 - Purpose and scope.

---
identifier: "/us/cfr/t31/s101.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 101.1 - Purpose and scope."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "101.1"
section_name: "Purpose and scope."
chapter_name: "MONETARY OFFICES, DEPARTMENT OF THE TREASURY"
part_number: "101"
part_name: "MITIGATION OF FORFEITURE OF COUNTERFEIT GOLD COINS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "18 U.S.C. 492."
regulatory_source: "42 FR 1472, Jan. 7, 1977, unless otherwise noted."
cfr_part: "101"
---


# 101.1 Purpose and scope.

The purpose of this part is to establish a policy whereby certain purchasers or holders of gold coins who have forfeited them to the United States because they were counterfeit may, in the discretion of the Secretary of the Treasury, recover the gold bullion from the coins. This part sets forth the procedures to be followed in implementing this policy.