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Mary Ellen Withrow, 40th Treasurer of the United States, has been retained as advisor and spokesperson for the privately held World Reserve Monetary Exchange, Inc., the firm announced June 28.
World Reserve is the largest private buyer of U.S. coins and paper money, second only to the Federal Reserve. It is based in Canton, Ohio.
Withrow is the only person in U.S. history to have served as a local, state and federal treasurer. She served as treasurer of Marion County, the State of Ohio and the United States. Her name appeared on more than 67 billion Federal Reserve Notes produced during her tenure totaling more than $1.1 trillion in face value.
Withrow learned of the World Reserve Monetary Exchange when a friend asked her to autograph a commemorative World Reserve Pennsylvania overlaid $2 bill as a keepsake, the firm says.
“I am impressed with the World Reserve as an organization and its innovativeness, quality of products and attention to caring for their associates and their customers,” Withrow said after her first tour of the vaults. “You just don’t seem to find very many companies like this anymore.”
When the World Reserve requested she consider becoming an advisor as well as spokesperson for the World Reserve, she gladly accepted, according to the firm.
“I’m thrilled to be working with and representing the World Reserve Monetary Exchange,” she said. “I’m proud to be involved with such an exciting project surrounding the state $2 bills. It’s such a wonderful concept; I wish I would have thought of it when I was overseeing the U.S. Mint and the Bureau of Engraving and Printing. I’m really looking forward to the many great projects ahead of us and I’m excited to be part of the World Reserve’s culture of excellence.”
Nominated by President Bill Clinton, Withrow served as U.S. Treasurer from March 4, 1994, until the end of Clinton’s term on Jan. 21, 2001. During her term, she ushered in the U.S. Mint’s 50 state quarter program, authorized the issuance of Sacagawea dollars, and oversaw the redesign of U.S. currency.
“Mary Ellen Withrow is an important addition to the World Reserve’s team of experts,” said Jeffrey S. Marsh, World Reserve president. “She joins Chief Advisor Thomas C. Harris, (a retired deputy director of the Bureau of Engraving and Printing) as we continue assembling world-class talent to expand the World Reserve Monetary Exchange to new levels.”
The World Reserve is a division of Arthur Middleton Capital Holdings. It has additional offices in Miami Beach, Fla.
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