Is it illegal to cut out coins?
We have all see Cut Coin Jewelry as pendants, or necklaces, in money clips, on earrings, and in belt out buckles. many people see the familiar coin, detect it is a “ cut out coin, ” and then say ,
- “It’s against the law to do that to a coin!”
- “Isn’t that illegal to cut out a U.S. Silver Dollar Coin?”
- “You can get in trouble for defacing money!”
I hear questions and comments like these every so frequently after person sees cut out coins for jewelry. possibly you excessively had assumed Cut Coin Jewelry is considered the deface of the coin, and frankincense illegal to do thus .
Rest assured the baseball swing coins you see hera on ebay and ebay express, such as cut-coin money clips or state of matter quarter capture pendants do not violate any U.S. codified provided that the change to the coin is not done with deceitful intent.
Reading: Cutting Coins: Is it legal?
These big and beautiful coins are done for a purpose — jewelry, not with intent to defraud .
Huh ? What does that mean ?
U.S. Code is 18 U.S.C. §331 reads : “ 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 stream 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, impair, diminished, falsified, scaled or lightened – shall be fined under this title or imprisoned not more than five years, or both. [ Emphasis added. ] ”
still sounds like something you can ’ deoxythymidine monophosphate do, right ?
This paragraph from the U.S. Mint web site should clear this up :
Read more: How to Make Money as a Coin Collector
section 331 of Title 18 of the United States code provides condemnable penalties for anyone who ‘ fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This codified means that you may be violating the jurisprudence if you change the appearance of the mint and fraudulently represent it to be other than the change coin that it is. As a matter of policy, the U.S. Mint does not promote color, plating or altering U.S. neologism : however, there are no sanctions against such activity lacking deceitful purpose. ( Source U.S. Mint )
sol browse and enjoy the all right craft of mint cutting from the Cut Coin Store. A finely crafted coin money clip for him, a state quarter charm pendant for her, groomsmen gifts for the marriage party, executive awards for your sales team, a even a swath heave. When you are shopping for a alone, identical especial giving, for a man that appreciates and deserves the finest, you probably will find it here .
Republished from eBay Guides with 54k views. original publication date April 28, 2013
disavowal : Guides are submitted by readers and the views expressed belong to entirely to the author .
(a.k.a. Mr. Cut Coin)
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