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Replies: 22 / Views: 4,904 |
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Pillar of the Community
Canada
3167 Posts |
Quote: That is vague enough that a coin collector could be breaking the law I agree, but theoretically if you are collecting current circulating coins, how would anyone be able to say that is against the law? Maybe you just like to feel rich 
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New Member
 Canada
21 Posts |
Thanks for the link CC-Ottawa.
Looks like it only applies to melting down coins.
"any coin that is current and legal tender in Canada."
Are pennies still considered legal tender?
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Pillar of the Community
Canada
3690 Posts |
Quote: @CC-Ottawa where did you that penny? IF I had one, I would have gotten it on ebay but the maker of the puzzle also has a website. All kinds of coin puzzles and jewelry made with Canadian coins...but he's 'defacing' them in the US. And of course he's hacking up tons of US coins too. http://www.coincutart.com/servlet/t...F/CategoriesYes, Cdn pennies are still legal tender.
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Valued Member
Canada
69 Posts |
No one is going to come after you for "defacing" $0.01, not worth anyone's time (even government employees)
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Pillar of the Community
Canada
2124 Posts |
All coins produced by the Mint are legal tender.
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Pillar of the Community
Canada
4227 Posts |
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Valued Member
Canada
300 Posts |
 Sophie Plating would not be considered "defacing" since the underlying image is visible and not changed in appearance. It looks very attractive and I would encourage you to give it to your mother, without any guilt or other worries. Rob
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Pillar of the Community
Canada
1502 Posts |
all those penny flattening machines/presses at tourist destinations should be raided if damaging pennies is that much of an offence.
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Pillar of the Community
Canada
590 Posts |
This is an old law and I believe refers to melting down gold and silver coins that are worth more than their face value. I think a lot of people have been guilty of that in the past few years. I bet the mint would love to have those old silver dimes and quarters back at face value now. Think of all the NCLT coins they could make by melting them down.
As for gold plating pennies I don't think any body will get in trouble for that.
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New Member
Canada
4 Posts |
Don't think you will get in trouble. Back in Chem12, we plated pennies as a lab experiment. Doubt the school would let us do something illegal in class.
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New Member
 Canada
21 Posts |
Thanks everybody for your input. I decided to get two. I will let you know how they look when I get them.
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Valued Member
Canada
96 Posts |
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Pillar of the Community
Canada
815 Posts |
Arianzo, that is incorrect. Demonitized coins, such as the montreal/calgary olympic coins, are able to be melted, and usually are. Also, there are exeptions, as many largescale melting operations of pre 69 coins exist.
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Pillar of the Community
Canada
3692 Posts |
You might get away with doing that to NCLT, because it's been proved time after time that they cannot be used as money.
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Pillar of the Community
Canada
815 Posts |
Just about every major smelting operation in the world is melting pre 1969 Canadian silver into bars. If that is illegal, why is it done so openly, and without recourse?
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