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Replies: 34 / Views: 4,754 |
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Pillar of the Community
United States
1116 Posts |
You can't get in trouble for creating a coin that doesn't exist. Can anyone say curiousity?
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Valued Member
United States
306 Posts |
thought this was going to be a thread about Daniel Carr's new 1963 and 1975 Kennedy overstrikes! (disappointing!)
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Valued Member
United States
416 Posts |
my first thought was that they would all be fake, then I checked the seller's location and was sure they were all fake, then I looked at the pic and thought maybe they were ok...glad to see it was just a mix up
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Moderator
 United States
189222 Posts |
Quote: You can't get in trouble for creating a coin that doesn't exist. Can anyone say curiousity? I disagree... Quote:...There is also a section under the counterfieting section of Title 18 that makes it illegal to make or possess a coin or disk in the likeness or similiartude of a US coin. So maybe you can't copy something that doesn't exist, but a 1963 Kennedy half sure strikes me as being similar to a 1964 Kennedy half. VERY similar, only difference being one digit in the date. That makes them illegal under the counterfeiting laws. https://goccf.com/t/138619&whichpage=3#1243949
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Pillar of the Community
United States
530 Posts |
Defenitely a 40% silver 68 kennedy.
Yeah no more "fake coins" from that one guy that made the 64 franklin please.
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Valued Member
United States
360 Posts |
The only kennedy I don't have in my collection!
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Valued Member
United States
50 Posts |
Proabably just an altered 1968 Half. LOL.
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Valued Member
United States
171 Posts |
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Edited by dcarr 01/22/2013 2:28 pm
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Valued Member
United States
171 Posts |
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Edited by dcarr 01/22/2013 2:27 pm
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Moderator
 United States
189222 Posts |
Quote: The reality is, the 1973 Hobby Protection Act (HPA) superceeds the earlier law. The HPA specifically allows numismatic replicas to be made. It also requires the replicas to be "plainly and permanently marked 'copy'..." http://uscode.house.gov/download/pls/15C48.txt
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Valued Member
United States
171 Posts |
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Edited by dcarr 01/22/2013 2:27 pm
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Bedrock of the Community
United States
17884 Posts |
And the HPA does not supersede the US Code, it is in addition to it.(The title 18 law is still current and on the books.) It provides a method of creating items that would be illegal under the US code by providing for the items to be marked. If the government chooses to they can still enforce the US code title 18 law against unmarked pieces.
As for the items made under the HPA I do find them to be a bit of a gray area. If the word COPY is not in the die or mold, technically all the pieces the company makes would be illegal from the time they are produced until they are counterstamped COPY. And the dies and molds they make them from would also be illegal. I think in these cases the government may be taking the intent of the companies into consideration. Since they know the company intends to mark the items with COPY, they let enforcement against the temporarily unmarked pieces, dies, and/or molds slide.
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Locked
822 Posts |
Quote: . LOL, someone's yella!
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New Member
United States
19 Posts |
Hello. I was reading this thread as a non-member and I disagree that coins can't be made in the likeness of US coins that exist. I own a giant 2 oz. replica or a Mercury dime. It doesn't have a year nor any denomination listed. It's gigantic and could never be mistaken for a dime. It says that it's "2 troy oz. of 0.999 fine silver" or something like that. I also have a 1 oz. Morgan dollar replica that again doesn't have a year or denomination listed. If you don't know what you're looking for and don't realize that money has a year on it, it could be mistaken for a real one. It also says the usual "1 troy oz. 0.999 pure silver" line. None of them say copy. There are also replica coins from leftover dies from mints that people strike and sell. I really think it just doesn't matter to the government anymore in the case of silver because they don't make silver coins and melting silver coins was legalized in 1969, anyway.
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Pillar of the Community
United States
1116 Posts |
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