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 Replies: 25 / Views: 5,310 |
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Bedrock of the Community
United States
17884 Posts |
I wonder if they want $174.50 for 100 plastikennedy's?
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Pillar of the Community
United States
8137 Posts |
I wonder how many of these people spend on accident.
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Valued Member
United States
352 Posts |
 isn't the definition of money laundering exchanging counterfeit money for the real thing? |
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Pillar of the Community
United States
589 Posts |
No, no, money laundering is the taking of cash and exchanging it for new cash...legally speaking, the cash that's being exchanged needs to be from some criminal activity to be a crime to launder it. It isn't a crime to take $500 and buy a box of halves (which would be an odd way to launder money, to be sure), but if you ordered too many at once, a bank might get suspicious and file a report of suspected money laundering.
In other words, just make sure you're not committing crimes, and you should be fine no matter what you do! (Note the word "should")
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Pillar of the Community
1325 Posts |
"Made in Taiwan" Since this was referred to in the plastic pennies thread I looked at the company and what if this is really used as money in schools over there? It does say "SCHOOL MONEY" in palce of "IN GOD WE TRUST". What a haunting though that That it could be made by school kids there as well. All items certificate of conformity are t Taiwan regulations and they do NOT conform to Us regulations for "COPY" money. They don't say "COPY" anywhere and people are finding them in rolls?  How is this company/woman legally selling these out of Colorado? It is definitely counterfeiting. Edited by shadz
09/07/2014 4:00 pm
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Pillar of the Community
United States
2637 Posts |
Some time back, I discussed this with my wife, who is a teacher. She said if you use real coins to teach children how to count with pennies, nickels, dimes, etc., the children will steal them. If you use plastic coins, the children assume no one will accept them as real money.
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Bedrock of the Community
United States
19972 Posts |
Heck, the real thing is cheaper!
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Moderator
 United States
23522 Posts |
Quote:
It is definitely counterfeiting.
Real Cents say "School Money" on them, and have stars instead of a date? |
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Pillar of the Community
United States
2368 Posts |
I found a plastic cent in a machine-wrapped coin roll once. It doesn't look exactly like OP's "coin", but a similar idea I guess. I remember using these in elementary school. Here's the one I found:   |
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Pillar of the Community
1325 Posts |
Quote:
Real Cents say "School Money" on them, and have stars instead of a date? By federal law the copy of a coin has to has a specific font, font size and the word COPY on it as seen here. Those from that bag do not. How often do people look for or even know where to find "IN GOD WE TRUST" on al the coins now especially with the quarter designs in circulation going to be 115 after the ATB are finished? Not sure if that is the correct font on this one, but still the stars and such dont really mean anything if it isn't following the rules. Otherwise why would even a plastic coin need the word copy on it? Guess that is what you get from Taiwan and nobody checking them as they come out of Colorado? There is another thread around where the specifics on how to legally make a copy of a coin are detailed, but my finding skills are not finding it today. |
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Pillar of the Community
United States
1158 Posts |
Pretty clear signal how worthless a penny is these days. You can't even buy a fake penny with a penny.
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Pillar of the Community
1325 Posts |
You could never do that, how else would they make a profit on the things. The cheapest I ever saw them was 50 for $1. I recall those from years back also having a wider rim on them so the couldn't fit in a roll like these look like they do since people found them in rolls.
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Bedrock of the Community
United States
17884 Posts |
Quote:
By federal law the copy of a coin has to has a specific font, font size and the word COPY on it as seen here. Except that example doesn't satisfy the legal requirement. COPY has to be incuse not raised. |
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Pillar of the Community
1325 Posts |
SO neither are legal copies then? Both of the play money are technically forgeries or counterfeit or something like that?
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Pillar of the Community
United States
1234 Posts |
Add to all that the fact they have been passed off as cash, and we got a federal case here. Who is going to call the Secret Service?  |
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Posted 05/15/2014 6:51 pm
