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Defacing Money? Gold Plated Penny

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 22 / Views: 4,904Next Topic Page 2 of 2
Pillar of the Community
Canada
3167 Posts
 Posted 04/28/2013  1:32 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list

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
New Member
Canada
21 Posts
 Posted 04/28/2013  1:32 pm  Show Profile   Bookmark this reply Add Sophie to your friends list
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?
Pillar of the Community
Canada
3690 Posts
 Posted 04/28/2013  1:40 pm  Show Profile   Bookmark this reply Add CC-Ottawa to your friends list

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/Categories

Yes, Cdn pennies are still legal tender.
Valued Member
Canada
69 Posts
 Posted 04/28/2013  1:45 pm  Show Profile   Bookmark this reply Add rp14 to your friends list
No one is going to come after you for "defacing" $0.01, not worth anyone's time (even government employees)
Pillar of the Community
Canada
2124 Posts
 Posted 04/28/2013  1:46 pm  Show Profile   Bookmark this reply Add arianzo to your friends list
All coins produced by the Mint are legal tender.
Pillar of the Community
Canada
4227 Posts
 Posted 04/28/2013  2:10 pm  Show Profile   Bookmark this reply Add chequer to your friends list
You'll be fine. Here's a company in Halifax that does similar things... although they don't seem to plate anything:
http://www.facebook.com/coincoindesigns/info
Valued Member
Canada
300 Posts
 Posted 04/28/2013  2:17 pm  Show Profile   Bookmark this reply Add Ravenzcoin to your friends list
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
Pillar of the Community
Canada
1502 Posts
 Posted 04/28/2013  3:45 pm  Show Profile   Bookmark this reply Add poboxw to your friends list
all those penny flattening machines/presses at tourist destinations should be raided if damaging pennies is that much of an offence.
Pillar of the Community
Canada
590 Posts
 Posted 04/28/2013  4:14 pm  Show Profile   Bookmark this reply Add Dooby Rak to your friends list
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.
New Member
Canada
4 Posts
 Posted 04/28/2013  8:03 pm  Show Profile   Bookmark this reply Add mystic186 to your friends list
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.
New Member
Canada
21 Posts
 Posted 04/29/2013  10:14 am  Show Profile   Bookmark this reply Add Sophie to your friends list
Thanks everybody for your input. I decided to get two. I will let you know how they look when I get them.
Valued Member
Canada
96 Posts
 Posted 06/08/2013  10:14 pm  Show Profile   Bookmark this reply Add loonar to your friends list
http://www.teambuy.ca//en/products/28150213
teambuy.ca issues an 18K Gold-Plated Canadian Penny Necklace for $8
Pillar of the Community
Canada
815 Posts
 Posted 06/08/2013  11:35 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list
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.
Pillar of the Community
Canada
3692 Posts
 Posted 06/09/2013  11:15 pm  Show Profile   Bookmark this reply Add Libertad to your friends list
You might get away with doing that to NCLT, because it's been proved time after time that they cannot be used as money.
Pillar of the Community
Canada
815 Posts
 Posted 06/10/2013  12:17 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
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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