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118732 1 (1982-06-10)

handle is hein.gao/gaobacsvy0001 and id is 1 raw text is: 4. A


                                       FOR RELEASE CN DELIVERY
                                       Expected at 2:00 p.m.
                                       Thursday, June 10, 1982





           UNITED STATES GENERAL ACCOUNTING OFFICE

                    WASHINGTCN, D.C.  20548



                        STATEMENT OF

           DOUGLAS L. MCCULLOUGH, DEPUTY DIRECTOR

                ENERGY AND MINERALS DIVISION


                         BEFORE THE

             SENATE COMMITTEE ON BANKING, HOUSING,

                      AND URBAN AFFAIRS


                             O

              1984 OLYMPIC COMMEMORATIVE COINAGE



Mr. Chairman and Members of the Committee:


     We appreciate the opportunity to comment on the need for

an effective strategy to market coins commemorating the 1984

Los Angeles Summer Olympic Games.  Cur analysis of this issue

is limited primarily to a January 11, 1982, report 1/ addressing

problems associated with past Treasury-run coinage progiams and

factors that could be combined to stimulate public demand.





1/U.S. General Accounting Office, National Defense-Related
  Silver Needs Should Be Reevaluated and Alternative Disposal
  Methods Explored, EMD-82-24, January 11, 1982.

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