Is this illegal defacing or art?
LochNESS
Posts: 4,829 ✭✭✭
A forumite asked me to post pictures of the golden Statue of Liberty dollar coin, so I did a google search (I have a bank roll but didn't feel like breaking it open just to photograph). Anyway … found these images and wondering if it's considered illegal defacing or artwork:
0
Comments
Of course, this law is from a time when gold and silver coins were widely used in commerce.
The law has never been rescinded, but nobody cares to enforce it today with only base-metal
coins generally in circulation.
But you can legally shave a coin as much as you like, so long as you don't intentionally put it back into circulation in its lightened state.
However, there is currently a regulation against melting cents and nickels. So shaving of cents and nickels is a gray area.
Eric
They looked like this:
My icon IS my coin. It is a gem 1949 FBL Franklin.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Before you have a conniption fit these are virtual images I did on the computer for the title page of presentation I gave at my local club.
He said "conniption fit"
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<< <i>There is currently a law on the books that it is illegal to shave or lighten (the weight) of coins and then spend them.
Of course, this law is from a time when gold and silver coins were widely used in commerce.
The law has never been rescinded, but nobody cares to enforce it today with only base-metal
coins generally in circulation.
But you can legally shave a coin as much as you like, so long as you don't intentionally put it back into circulation in its lightened state.
However, there is currently a regulation against melting cents and nickels. So shaving of cents and nickels is a gray area. >>
18 USC § 331 - Mutilation, diminution, and falsification of coins
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened—
Shall be fined under this title or imprisoned not more than five years, or both.
<< <i>
<< <i>There is currently a law on the books that it is illegal to shave or lighten (the weight) of coins and then spend them.
Of course, this law is from a time when gold and silver coins were widely used in commerce.
The law has never been rescinded, but nobody cares to enforce it today with only base-metal
coins generally in circulation.
But you can legally shave a coin as much as you like, so long as you don't intentionally put it back into circulation in its lightened state.
However, there is currently a regulation against melting cents and nickels. So shaving of cents and nickels is a gray area. >>
18 USC § 331 - Mutilation, diminution, and falsification of coins
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened—
Shall be fined under this title or imprisoned not more than five years, or both. >>
Scary stuff, especially if you consider how targeted the feds have been in their efforts to "enforce" the laws relating to the 1933 Saints.
<< <i>Well no one else is using them so we might as well cut them all out. >>
Sad,but true!
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line......................................................
I guess that website is far enough behind the times, compared to eBay, so they can avoid such regulations (or not care).
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<< <i>
<< <i>There is currently a law on the books that it is illegal to shave or lighten (the weight) of coins and then spend them.
Of course, this law is from a time when gold and silver coins were widely used in commerce.
The law has never been rescinded, but nobody cares to enforce it today with only base-metal
coins generally in circulation.
But you can legally shave a coin as much as you like, so long as you don't intentionally put it back into circulation in its lightened state.
However, there is currently a regulation against melting cents and nickels. So shaving of cents and nickels is a gray area. >>
18 USC § 331 - Mutilation, diminution, and falsification of coins
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened—
Shall be fined under this title or imprisoned not more than five years, or both. >>
Of course, the key word in these regulations is "fraudulently".
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Top 10 • FOR SALE
<< <i>
<< <i>
<< <i>There is currently a law on the books that it is illegal to shave or lighten (the weight) of coins and then spend them.
Of course, this law is from a time when gold and silver coins were widely used in commerce.
The law has never been rescinded, but nobody cares to enforce it today with only base-metal
coins generally in circulation.
But you can legally shave a coin as much as you like, so long as you don't intentionally put it back into circulation in its lightened state.
However, there is currently a regulation against melting cents and nickels. So shaving of cents and nickels is a gray area. >>
18 USC § 331 - Mutilation, diminution, and falsification of coins
Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened—
Shall be fined under this title or imprisoned not more than five years, or both. >>
Of course, the key word in these regulations is "fraudulently". >>
This law was passed to deal with those that were hollowing out gold coins back when they were still in circulation.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I have a cut out Morgan Dollar reverse that was made into a money clip. Each letter is cut out and it looks amazing.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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<< <i>Whoever fraudulently alters, defaces, mutilates, impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the mints of the United States, or any foreign coins which are by law made current or are in actual use or circulation as money within the United States; or
Whoever fraudulently possesses, passes, utters, publishes, or sells, or attempts to pass, utter, publish, or sell, or brings into the United States, any such coin, knowing the same to be altered, defaced, mutilated, impaired, diminished, falsified, scaled, or lightened—
>>
Emphasis added. Keep in mind the U.S Mint at one time sold state quarter spoons. If these were made the same way as encased coinage, they were altered, mutilated, and/or impaired.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
"Federal Mint" ... "united mint" ... "American mint" ...
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<< <i>So, don't buy unless it's a US Mint product. That explains why there are so many impostors on QVC
"Federal Mint" ... "united mint" ... "American mint" ... >>
Don't forget Girl Scout Mints ... yummy