Legal loophole to selling COPPER cents for their metal content value??

Comments

• Bochiman Posts: 25,556 ✭✭✭✭✭

  July 7, 2008 1:47PM

  I haven't seen anything saying you can't SELL based on bullion content...what I have seen is something saying you can't MELT the coins.....

  I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

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• Silverstate Posts: 1,537 ✭✭✭

  July 7, 2008 2:02PM

  
  
  << <i>Saw this on Ebay
  
  is this illegal or has this guy found the way to legally sell copper bullion??
  
  just looking for debate here, i have no idea who the seller is
  
  greg >>
  
  
  
  Why overstamp lincoln cents?
  Looks like no takers....

  Jim
  Gardnerville, NV
  =========================
  
  Our Website -->Innovation, Native & Presidential Dollar Errors, Lincoln Cents and more
  Check it out --> Our eBay Auctions

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• droopyd Posts: 5,381 ✭✭✭

  July 7, 2008 2:04PM

  kinda neat, not worth a quarter a pop tho.

  Me at the Springfield coin show:
  
  60 years into this hobby and I'm still working on my Lincoln set!

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• DMWJR Posts: 6,044 ✭✭✭✭✭

  July 7, 2008 2:10PM

  Might want to pass along this little tidbit to him:
  
  18 U.S.C. § 475. Imitating obligations or securities; advertisements.
  Whoever designs, engraves, prints, makes, or executes, or utters, issues, distributes, circulates, or uses any business or professional card, notice, placard, circular, handbill, or advertisement in the likeness or similitude of any obligation or security of the United States issued under or authorized by any Act of Congress or writes, prints, or otherwise impresses upon or attaches to any such instrument, obligation, or security, or any coin of the United States, any business or professional card, notice, or advertisement, or any notice or advertisement whatever, shall be fined under this title.

  Doug

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