31 CFR § 101.8 - Discretion of the Secretary.

---
identifier: "/us/cfr/t31/s101.8"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 101.8 - Discretion of the Secretary."
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "101.8"
section_name: "Discretion of the Secretary."
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"
---


# 101.8 Discretion of the Secretary.

The Secretary of the Treasury retains complete discretion to deny any claim of any petitioner when the Secretary believes it is not in the best interest of the Government to return the bullion to the petitioner or when the Secretary is not convinced that the petitoner was an innocent purchaser or holder without knowledge that the gold coins were counterfeit.