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Are You Kidding Me? 250k Face In Copper Pennies (!)

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Russ789's Avatar
United States
623 Posts
 Posted 01/07/2011  12:35 am  Show Profile   Bookmark this reply Add Russ789 to your friends list Get a Link to this Reply
Just remember, everything is legal...until you get caught.
Valued Member
United States
467 Posts
 Posted 01/07/2011  01:47 am  Show Profile   Bookmark this reply Add oober to your friends list Get a Link to this Reply
Thats highroller from Realcent, he has them. He owns the Portland Mint. I have done business with him, he a good guy.
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Maineman750's Avatar
United States
3592 Posts
 Posted 01/07/2011  06:45 am  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
[Do you just make this stuff up as you type or do you think about it first/]
I've wondered that for a few months now...
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/07/2011  08:23 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Scubu, would you mind dialing back the vituperation to a more civilized level? I would sure hate to give someone a vacation for being right.

But I won't hesitate. Consider this the only warning.
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fenton's Avatar
United States
4989 Posts
 Posted 01/07/2011  08:31 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I think this metal rally is just about played out. Silver has been in Free Fall for the past couple days down to $28 and change from $30+.
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BadThad's Avatar
United States
19966 Posts
 Posted 01/07/2011  09:11 am  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply

Quote:
Sorry, but you're an idiot.

"Your honor, I'm sorry but I didn't know it was illegal."

"Oh OK, case dismissed then"



Lincoln Cent Lover!
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Valued Member
TenSense's Avatar
United States
364 Posts
 Posted 01/07/2011  12:29 pm  Show Profile   Bookmark this reply Add TenSense to your friends list Get a Link to this Reply
Yeah, my brother-in-law is in criminal justice in college, and my father-in-law has a law degree. They both say that ignorance of the law never equals innocence of a crime.
New Member
TiKi's Avatar
United States
29 Posts
 Posted 01/07/2011  12:38 pm  Show Profile   Bookmark this reply Add TiKi to your friends list Get a Link to this Reply
"This lot weighs around 84 tons"

Yeh who wants 84 tonnes of copper pennies, which you cannot melt.
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lincolncentguy's Avatar
United States
809 Posts
 Posted 01/07/2011  12:50 pm  Show Profile   Bookmark this reply Add lincolncentguy to your friends list Get a Link to this Reply
84 tons!! how much for shipping?
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lewbo's Avatar
United States
58 Posts
 Posted 01/07/2011  1:05 pm  Show Profile   Bookmark this reply Add lewbo to your friends list Get a Link to this Reply
I think he offers storage for you at his site.
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fenton's Avatar
United States
4989 Posts
 Posted 01/07/2011  1:12 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
A person can still be prosecuted even if they have complete ignorance of a law. They must, however, commit the act willfully. Hence, someone who inadvertently sells pennies to a legitimate looking buyer would not be guilty of a crime since the act they willfully committed - selling coins to some random buyer - is not illegal. If, however, someone sells coins to a known smelter (i.e. "wemeltyourcoins.com") they are culpable even if are ignorant of the currency laws.
Edited by fenton
01/07/2011 1:13 pm
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Conder101's Avatar
United States
17884 Posts
 Posted 01/07/2011  1:27 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The "not knowing" would save you from the fine and imprisonment. It would NOT protect you from the next part "In addition, by law, any coins exported, melted, or treated in violation of the regulation shall be forfeited to the United States Government. " That has nothing to do with not knowing. So you can avoid a $10K fine but you would lose all the cents and or copper.
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nod2003's Avatar
United States
3294 Posts
 Posted 01/07/2011  2:37 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
The legal term is Ignorantia juris non excusat, which looks to be Latin for, "I don't care if you didn't know about the law, go directly to jail and do not collect $200."
Pillar of the Community
United States
958 Posts
 Posted 01/07/2011  7:43 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
It's o.k superdave

He made himself the idiot with his lack of knowledge

He did not read the restrictions before his comment was posted.

HAD he actually READ the u.s mint press release he would have know what it said ,instead of hersey
Pillar of the Community
United States
958 Posts
 Posted 01/07/2011  8:10 pm  Show Profile   Bookmark this reply Add coppertop5150 to your friends list Get a Link to this Reply
its not ignorance of the law , that stops arrest and fines
like conder mentioned

" KNOWING "

Its the way the law is written itself.

If the pennies get siezed and taken away? I didnt even talk about that......nor is that my point the point was not knowing avoids jail time and fines
If the canadian man buys them in the usa then takes out of the country? The usa citzen did no crime.
the canadian that exported them broke any u.s laws.
The U.S cant just go arrest him in canada and sieze the coins or copper.
The canadian govt would have to give permission.

Just like right now it illegal for a canadian to melt down canadian copper cents.
But NOT illegal for a american to buy up to $10,000 worth of candian copper cents in canada and melt them down in the u.s.a

This has been discussed on other threads.

Right now if a man flies in from china buys those 25 million pennies and has them loaded on a docked asian freight ship sailing to china. Then flyss home to china
Good luck getting the chinese govt to extradite him.
Edited by coppertop5150
01/07/2011 8:14 pm
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