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 Replies: 21 / Views: 2,992 |
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Pillar of the Community
614 Posts |
^
Or bribe an official, that always works too.
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Bedrock of the Community
Australia
21788 Posts |
It is not illegal to own fake coins.
However if a genuine pattern was illegally released from the Mint, it follows that it would be illegal to own it.
Nevertheless legal counsel loves to argue this matter to it's own profit, on some coins which should never have left the Mint.
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Pillar of the Community
United States
1721 Posts |
Why move to China when you can rent Ted Kaczynski's shack and live the life of luxury?
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Pillar of the Community
2087 Posts |
I have to say I was worried I might have that same problem with a "coin" in my collection. The coin in question is a Chatham Islands $50.00 piece. For the mellenium the Chatham Islands was allowed by the Reserve bank of New Zealnd to produce some Bank notes ( on the priviso they were just fantasy notes) but they went to far and produced some coins.....The Reserve Bank on finding out confiscated the offending coins and only a maximum of 20-50 escaped into collectors hands. I was one of the lucky ones...but I was worried that it might be confiscated however after some inquiries I was advised that the Reserve bank was not overly concerned about the remainder. Seems the NZ GVT is a little more flexible than the US.
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Rest in Peace
United States
2668 Posts |
Uh, don't mention or show them to anyone. Then legality does not matter.  Or you could send them to the mint and ask them.  |
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Pillar of the Community
United Kingdom
4208 Posts |
Monte Video convention says any man can declare a country so long as he owns the land. Heck, I have been a sovereign ruler of a small country for a few minutes. But be careful, I'm guessing the army doesn't take kindly to people annexing land. And for your independence,you'll need a farm and you'll need a good way to get people to recognise you - look up the Hut River Province, they became a bona fide country due to a slip of the tongue.
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Valued Member
United States
362 Posts |
Make a image of it and then leak it to Wiki-LEAKS! Then bury it next to Jimmy Hoffa for safe keeping!  |
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Valued Member
United States
360 Posts |
Don't tell anyone and you're golden. Oops.
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Bedrock of the Community
United States
17884 Posts |
Quote:
The Sac/Washington mules and no letter edge $1 were illegally made and illegally left the mint but somehow did not make "The List", so they are legal. Not quite. The Sac mules that could be shown to have been recovered from circulation were determined to be legal to own, but the ones smuggled out by the mint employees were declared not legal and I believe the government ordered them to be returned. So some are legal and some are not. |
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Pillar of the Community
2087 Posts |
Quote:
Not quite. The Sac mules that could be shown to have been recovered from circulation were determined to be legal to own, but the ones smuggled out by the mint employees were declared not legal and I believe the government ordered them to be returned. So some are legal and some are not. Now I thought Brit officials could be ridiculously picky! But that just seems beyond reason! What I mean is for the "economic threat" and the high enforcement costs why don't they let it go ( now that is). The coins are in Collectors hands and so are not going to circulate. There is no effective damage to the US economy or monetary system, and I assume the original culprits have been punished. To me this on-going-over-the-top enforcement is akin to insisting on arresting a jay walker at the cost of ignoring the bank robbery (in plain sight) going on at the same time! |
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Bedrock of the Community
Australia
21788 Posts |
All grist for the legal mill.
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Bedrock of the Community
United States
20753 Posts |
Not sure why you would ask. As long as you don't go around showing off anything that your not supposed to have, who would know? If you don't even tell anyone about it, who would know? No there is no secret cameras all over your house. Your TV is not hooked up to a national system like on that TV show or in that book "1984". Just how many people here in the USA and in other countries have illigal STUFF and no one knows. Again, as long as you don't tell anyone, who would know? By the way I'm watching you via your monitor.  |
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Moderator
 Australia
16867 Posts |
For the OPs question, the answer is "yes". All you have to do is not live in the country. And it doesn't even have to be an "enemy" country; the laws saying certain coins are illegal do not apply outside that country's borders. You'd be just as safe owning a 1933 double eagle in Canada as you would be in China. I own several "illegal coins". The coin I'm using for my avatar is an excellent example. This coin is from Rhodes, an island in the Mediterranean currently owned by Greece. Under Greek law, private ownership of any artefact older than 1826 is forbidden. But I'm not in Greece, I'm in Australia, and it was here in Australia that I acquired this coin. And in Australia, the only "illegal coins" are counterfeits of current coins. Now, where you may run afoul of the law is when you commit a crime and then change countries, as many countries have agreements in place to stop cross-border smuggling and in capturing criminals fleeing from one country to another. So, if you (illegally) acquired an "illegal coin" in America and then tried to flee to Canada with it, you could in theory find yourself extradited if the Americans can convince the Canadians that a criminal act did indeed take place on American soil. If you have your heart set on breaking US law and fleeing someplace with your ill-gotten coin, this State Department pdf lists all the countries the US has extradition treaties with. So pick a country that's not on this list to flee to. As for the second part of the question: it should be obvious that, once a country or government ceases to exist, all its laws and strictures are no longer binding on anybody. I have some Roman coins featuring emperors who were so despised that they were placed under damnatio memoriae by their successors - owning coins of those emperors would have been strictly forbidden. But the Roman Empire is long gone, as are any laws the Romans may have passed banning coins of emperor Geta or Maximian. 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
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New Member
United Kingdom
10 Posts |
Possibly stupid question is there an actual list about online ?
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Pillar of the Community
United States
1796 Posts |
Quote:
It is not illegal to own fake coins.
However if a genuine pattern was illegally released from the Mint, it follows that it would be illegal to own it.
Nevertheless legal counsel loves to argue this matter to it's own profit, on some coins which should never have left the Mint. Bingo. If it were illegal to own fake coins here in the States, I could not easily enjoy my particular niche in the hobby. :-) Once an error leaves the Mint properly "into circulation" it's fair game. If it's *smuggled* out of the Mint and not actually "released into circulation" it's still Mint property, and owning one is therefore owning stolen property. Sap's explanation is also very thorough. |
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Posted 01/13/2013 02:03 am
