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Painted Or Coloured Coins: A Forgery? Or Not?

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Pillar of the Community

Canada
1248 Posts
 Posted 05/13/2009  10:53 am Show Profile   Bookmark this topic Add hhbkiddo to your friends list Get a Link to this Message Number of Subscribers
Question:
Is it legal in the United States to permamently alter a coins appearance in any way, shape or form using whatever means to do so?
(or a bnaknote)
Or, is that already considered forging a coin?
HHB
Pillar of the Community
ratman4762's Avatar
United States
2520 Posts
 Posted 05/13/2009  11:09 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
If it were illegal I don't think they would have those "elongated" penny press machines all over Disney World and all the other amusement parks.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 05/13/2009  11:11 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I think there is a special exception for those machines.
Pillar of the Community
ratman4762's Avatar
United States
2520 Posts
 Posted 05/13/2009  11:16 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
Although it is illegal to alter a coin in the attempt to defraud. (like adding a D mintmark to a 1914 cent and trying to pass it off as a 1914D)
Pillar of the Community
ratman4762's Avatar
United States
2520 Posts
 Posted 05/13/2009  11:24 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I found this on Google: "Whoever fraudulently alters, defaces, mutilates, impairs, diminishes,
falsifies, scales, or lightens any of the coins coined at the mints of
the United States, or any foreign coins which are by law made current
or are in actual use or circulation as money within the United States;
or whoever fraudulently possesses, passes, utters, publishes, or
sells, or attempts to pass, utter, publish, or sell, or brings into
the United States, any such coin, knowing the same to be altered,
defaced, mutilated, impaired, diminished, falsified, scaled, or
lightened? Shall be fined under this title or imprisoned not more than
five years, or both." The keyword is Fraudulently"
Pillar of the Community
ratman4762's Avatar
United States
2520 Posts
 Posted 05/13/2009  11:25 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I found this on Google: "Whoever fraudulently alters, defaces, mutilates, impairs, diminishes,
falsifies, scales, or lightens any of the coins coined at the mints of
the United States, or any foreign coins which are by law made current
or are in actual use or circulation as money within the United States;
or whoever fraudulently possesses, passes, utters, publishes, or
sells, or attempts to pass, utter, publish, or sell, or brings into
the United States, any such coin, knowing the same to be altered,
defaced, mutilated, impaired, diminished, falsified, scaled, or
lightened? Shall be fined under this title or imprisoned not more than
five years, or both." The keyword is Fraudulently"
Pillar of the Community
wd1040's Avatar
United States
3098 Posts
 Posted 05/13/2009  11:45 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
I don't think coloring a coin is a crime, only defacing a coin or banknote in order to defraud, as in passing a $1 bill as a $100.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 05/13/2009  1:05 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Coins are one thing, currency is something different. You can do almost anything you want to to a coin and as long as you don't do it with fraudulent intent it is legal.

But with paper money the key words are "unfit to be reissued".

Title 18 Chapter 17 Sec 333

Whoever mutilates, cuts, defaces, disfigures, or perforates, or unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both.


I says nothing about defrauding. If you do ANYTHING to a note that would render it "unfit to be reissued" you can be fined or jailed.
Edited by Conder101
05/13/2009 1:07 pm
Pillar of the Community
cownas22's Avatar
United States
1055 Posts
 Posted 05/13/2009  1:44 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
I don't think you are allowed to throw away money. ie. Throwing old/sticky/anything pennies away. I have heard that all my life, but don't know it as fact. Maybe its is just a folk tale.
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rggoodie's Avatar
United States
23475 Posts
 Posted 05/14/2009  08:39 am  Show Profile   Bookmark this reply Add rggoodie to your friends list Get a Link to this Reply
colouring coins gives them NO value
just look at how this coin was altered

Painted-Or-Coloured-Coins:--A-Forgery??--Or-Not?

and so you don't think this is political
'how about this one
Painted-Or-Coloured-Coins:--A-Forgery??--Or-Not?

However there are some great coloured coins produced by the mints

here is one from Canada
Painted-Or-Coloured-Coins:--A-Forgery??--Or-Not?

or Australia has numerous coloured coins
just take a look at this one you have seen around the forum


Painted-Or-Coloured-Coins:--A-Forgery??--Or-Not?

rggoodie
aka Richard
"catch em doing something right"
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 05/14/2009  11:43 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
I don't think you are allowed to throw away money. ie. Throwing old/sticky/anything pennies away. I have heard that all my life, but don't know it as fact. Maybe its is just a folk tale.

Folk tale, as I said you can do js about anything you want to a coin legally. One exception to that that I forgot earlier, it is illegal to melt one and five cent pieces. Other denominations you can melt to your hearts content.
Edited by Conder101
05/14/2009 11:44 am
Pillar of the Community
Canada
1248 Posts
 Posted 05/14/2009  12:34 pm  Show Profile   Bookmark this reply Add hhbkiddo to your friends list Get a Link to this Reply
Coloured Mint-issued coins is ONE thing, but coloured NOT mint Issued coins in another thing...
when issued by a mint, it becomes legal tender
when the colouring is done by a private entity, they have to use a legal tender coion and practically "deface" it. well, it might be ok.
HHB
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