100 Dollar 1934 Counterfeit - Coin Community Forum

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Author	Replies: 7 / Views: 1,646
Lex1705 Valued Member Germany 321 Posts	Posted 10/22/2014 2:49 pm I need advice I know one person in Russia,he say he has a 100 dollar federal reserve note 1934 in very used condition ( Very Good 10 or less ). He thinks it worth a face value or may be even more in this condition,because it's not common thing,is it truth? And is it legally to sell this kind of things in USA? Report this Post to the Staff

Domain555 Pillar of the Community United States 1804 Posts	Posted 10/22/2014 3:10 pm LEX It is legal to sell or spend --- IF IT IS NOT COUNTERFEIT Edited by Domain555 10/22/2014 3:12 pm Report this Post to the Staff
Lex1705 Valued Member Germany 321 Posts	Posted 10/22/2014 3:23 pm But if it's an old counterfeit? I've have this counterfeit coin,if I'll sell it in the USA is that illegal? Report this Post to the Staff
wheatchaser140 Pillar of the Community United States 2368 Posts	Posted 10/22/2014 4:25 pm Yes, it would be illegal to sell that coin. According to the Hobby Protection Act of 1973, counterfeit coins are illegal to sell unless the word COPY is stamped on them. Report this Post to the Staff
MeadowviewCollector Pillar of the Community United States 4409 Posts	Posted 10/22/2014 5:19 pm Contemporary counterfeits are bought and sold without being marked with the word copy. It isn't illegal to sell a contemporary counterfeit as long as the seller discloses that fact and the buyer knows that. Report this Post to the Staff
WheatBack Pillar of the Community United States 2850 Posts	Posted 10/22/2014 5:25 pm Photos of it would help, but in VG or less condition like you claim it is then it won't have a huge value over face. My local coin shop has one (1934 $100) in similar condition for $105.. If it is a star note then that changes things and will likely be worth more. Report this Post to the Staff
Lex1705 Valued Member Germany 321 Posts	Posted 10/23/2014 10:05 am This is the note: Report this Post to the Staff
Lex1705 Valued Member Germany 321 Posts	Posted 10/24/2014 12:57 pm Report this Post to the Staff
	Replies: 7 / Views: 1,646

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