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Defacing Money? Gold Plated Penny

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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 Get a Link to this Reply
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 Get a Link to this Reply
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
Sophie's Avatar
Canada
21 Posts
 Posted 04/29/2013  10:14 am  Show Profile   Bookmark this reply Add Sophie to your friends list Get a Link to this Reply
Thanks everybody for your input. I decided to get two. I will let you know how they look when I get them.
Valued Member
loonar's Avatar
Canada
96 Posts
 Posted 06/08/2013  10:14 pm  Show Profile   Bookmark this reply Add loonar to your friends list Get a Link to this Reply
http://www.teambuy.ca//en/products/28150213
teambuy.ca issues an 18K Gold-Plated Canadian Penny Necklace for $8
Pillar of the Community
Anjohl's Avatar
Canada
815 Posts
 Posted 06/08/2013  11:35 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
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
Libertad's Avatar
Canada
3692 Posts
 Posted 06/09/2013  11:15 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
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
Anjohl's Avatar
Canada
815 Posts
 Posted 06/10/2013  12:17 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
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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