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Pillar of the Community
ExoGuy's Avatar
United States
4421 Posts
 Posted 01/24/2012  10:04 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Are we to now believe that all all those counterstamped coins, love tokens, hobo nickels, coin jewelery items, sticker dollars, etc., etc., are illegal? I seriously doubt it. The law was clearly intended to address counterfeiting and not to inhibit freedom of speech.
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Sap's Avatar
Australia
16867 Posts
 Posted 01/24/2012  7:11 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Does that mean the 1 dollar or 5 dollar notes we see from time to time that are stamped "Track this bill online at "blahblahblah.com" are in violation of the aforementioned law? Just wondering...

As I understand it, wheresgeorge.com got a legal opinion: as long as wheresgeorge don't actually do the bill stamping themselves and don't sell stamps or other gear to do it, they themselves aren't committing a crime. The people that put the stamps on, however, might be in trouble if the feds could be bothered going after them. If someone were to be unwise enough to put their own contact details on a note as well as the wheresgeorge notice, they'd be far more likely to attract attention. from the authorities.

Quote:
Is it illegal to have these coins even though you had nothing to do with the advertising on them? Just curious, I refuse to go to jail over a penny with something stamped on it!

No. The law quite clearly states the crime is in the stamping, or in circulating the stamped items. Pulling them out of circulation and keeping them in a collection is probably the best thing that can happen to them.

Quote:
Are we to now believe that all all those counterstamped coins, love tokens, hobo nickels, coin jewelery items, sticker dollars, etc., etc., are illegal? I seriously doubt it. The law was clearly intended to address counterfeiting and not to inhibit freedom of speech.

Not all of them, only the ones with blatant advertising on them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/25/2012  4:39 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Does that mean the 1 dollar or 5 dollar notes we see from time to time that are stamped "Track this bill online at "blahblahblah.com" are in violation of the aforementioned law? Just wondering...

Yes they are. In fact back when the wheresgeorge website started up they sold a rubber stamp so you could stamp your notes. The government stepped in and told them to stop selling the stamp or face charges. They stopped selling the stamp.

Now if you get your own stamp made or you write it on the note it is still illegal but they are not likely to be able to find you, and the wheresgeorge people are off the hook because they didn't do it and they didn't sell you the stamp so you could do it.


Quote:
The law was clearly intended to address counterfeiting and not to inhibit freedom of speech.

The law was intended to keep the national coins and paper money from providing a free bulletin board. It also is easier to make sure the items are not counterfeit if they aren't covered with writing, advertisements or beaten up with counterstamps. It also keeps the government from having to replace these defaced pieces.

And the laws dealing with currency are much stricter than those dealing with coins as a rule. You can beat up, mutilate and deface your coins all you want (as long as you don't put an ad on them) and as long as it isn't done with fraudulent intent, you're fine.

But if you do anything to a paper note that would render it unfit to be reissued, then you have committed a crime and may be fined. No fraudulent intent is needed.

Edited by Conder101
01/25/2012 4:52 pm
Pillar of the Community
ExoGuy's Avatar
United States
4421 Posts
 Posted 01/25/2012  5:50 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
More fodder ........ the defacing of currency/coins/paper$

"The language of the U.S. Code as it applies to defacing currency restricts it to acts that individuals commit with an intention of defrauding others or making currency unfit for reissue. Other acts, such as writing notes on a bill or causing the kind of damage that occurs naturally, are not illegal. However, the U.S. Treasury discourages all types of currency manipulation.

The actual decision as to whether or not an individual has defaced currency with an intent to commit fraud is left to judges, who may consider additional evidence to determine guilt or innocence."

According to:

Read more: Defacing U.S. Currency Laws | eHow.com http://www.ehow.com/list_6535889_de...xzz1kVqTrYaq


AND .... it is apparently legal to melt bullion coins.

Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 01/26/2012  2:12 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
"The language of the U.S. Code as it applies to defacing currency restricts it to acts that individuals commit with an intention of defrauding others or making currency unfit for reissue. Other acts, such as writing notes on a bill or causing the kind of damage that occurs naturally, are not illegal. However, the U.S. Treasury discourages all types of currency manipulation.

They should read what the actual law says because it has nothing in it limiting it to acts done with intent to defraud. It makes the act itself, if done with the intent to make the note unfit for reissue, illegal. Not a word in there about fraudulent intent.


Title 18 Chapter 17 Sec 333. Mutilation of national bank obligations

Whoever mutilates, cuts, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.
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