Melting Canadian Copper And Nickel Bullion Coins

Such actions appear to be a violation of Canada's Criminal Code. Look for Para 456.

http://everything2.com/e2node/Crimi...2520Currency

Actually I believe those penny press machines are the exception to the rule.

Defacement for the purpose of fraud is illegal in the US, whereas a Penny Press(aka elongated cent) is just a 51 cent souvenir I think in most countries with coinage featuring a royal effigy it is illegal for any type of defacement.

Melting coins is specifically addressed in the Currency Act (http://laws.justice.gc.ca/en/showdo...:s_2?page=2) - see below

A silver bullion maple is still considered currency. Aside from its bullion value it is assigned a denomination, in this case, silver maples have a face value of $5. Gold maples also have denominations, ranging from $10-$100 I think.



Current coins

7. (1) A coin is current for the amount of its denomination in the currency of Canada if it was issued under the authority of

(a) the Royal Canadian Mint Act; or

(b) the Crown in any province of Canada before it became part of Canada and if the coin was, immediately before October 15, 1952, current and legal tender in Canada.

Defaced coins not current
(2) No coin that is bent, mutilated or defaced, or that has been reduced in weight otherwise than by abrasion through ordinary use, shall pass current.

-The criminal code makes defacing coins an offence under sections 455 and 456.-


Melting down coins

11. (1) No person shall, except in accordance with a licence granted by the Minister, melt down, break up or use otherwise than as currency any coin that is current and legal tender in Canada.