are you allowed to drill coins?

I opened 35 rolls of quarters last night and I got what appears to be 15 gold plated state and territory quarters. My boss said it is pretty and she would make a pendant out of it by drilling a hole in it. I told her that she could get in trouble for it because she is de-facing government propert. I know nothing would come of it and the odds are far fetched, but for the sake of arguement... am I right or wrong ?

 

Log in or Sign up to hide this ad.

Of course. It's your money, you can do as you wish with it.

 

Are you sure the law applies to defacing government property, more specifically, coins and currency? Does the law differentiate between destruction and defacing?

Maybe women would be reluctant to hand a dollar bill to a new "friend" with their name, phone number and the message "Call me!" written on it.

Why don't you suggest to your boss that she place it in a jewelry mount rather than drill a hole in it?

Chris

http://www.esslinger.com/howtomountacoinintoacoinbezel.aspx

 

shoot. people cut coins out with a small jewelry saw and sell them as pendants. I am ok with it as long as it's not a valuable rare date/mint mark.

 

I really like the "cut" coin jewelry... and perfectly legal.

Check 'em out:
https://www.etsy.com/listing/538014...=jewelry_low&gclid=CKqbmuKctr0CFWuhOgodImoApg

 

It is okay.

What about our member who re-engraves the images on coins.

He is not committing a crime, and neither will she.

Drill away.

 

Even if it is rare and or valuable, it is their coin and they can do what they want with it. It sure wouldn't bother me at all if someone destroyed all their rare coins.

 

agreed, in fact, I can give them a list of great dates that I have that they should destroy!

 

In 200 yrs from now collectors will hate us for the holes we drilled in rare 20th century state quarters ;-)

 

Or laughing at how we used them to make jewelry.

 

I think the "defacing" of money comes with the intent to defraud, therefore cutout currency and currency with holes are not meant to defraud, so you should be OK.

 

http://message.snopes.com/showthread.php?t=84748

 

I like coins with holes if they are from the centennial year

 

You can do anything you like to your coins except you can't melt the cents or non-silver five cent pieces.

With paper money on the other hand it is a crime to deface or mutilate it so to the point that it can't be reissued. For all practical purposes coins are your property, paper money is government property.

 

I like the whole collections of holes!
Its a good way to put together a type set of coins for little money and you did a good job on the holders. The center hole in that 1876 indian is different and neat looking.

 

Thank you, the 1876 Indian looks as though it may have been used as a washer or spacer. I like to use those holders for my rae coins and medal as I use the Eagle brand pages to put them in.

 

I'm glad that it wasn't an 1877 ihc.

 

Thank you for the link. Some of those are really neat.

 

I like holed coins because they are more affordable, & must have meant a lot to someone at one time. I've had my holed peace dollar since I was 7, over 50 years ago!

 

Wouldn't that been neat