Fakes?

Discussion in 'Paper Money' started by schwalbe, Nov 25, 2009.

  1. RUFUSREDDOG

    RUFUSREDDOG Senior Member

    wHAT IF THEY SAY "replica" INSTEAD OF "copy"?
     
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  3. Lather

    Lather Time traver Numismatist


    MUST be Stamped as "copy" OR "replica".
     
  4. jloring

    jloring Senior Citizen

    The HPA clearly states the word "COPY" (not "replica) be stamped on the coin, and specifies the location and size of characters. I'm not sure about replica notes, though I have purchased a few with the word "copy" stamped in red.
     
  5. Lather

    Lather Time traver Numismatist

    Then I guess collecting these type of unstamped items may be even rarer and covert working in the shadows as a true black market collector..
    I like it.. It reminds me of the Japanese and the whole hidden body tattoo thing.
    Like the Stolen Art collector who never gets to show his stuff.. just gets to sit in his secret hidden room (see "Hiding Place" post from yesterday) an enjoy....LOL
     
  6. RickieB

    RickieB Expert Plunger Sniper

    Guy's for what it is worth, I know several collectors that have rather large collections of Counterfeit Paper Money that spans across all time periods. Several of my Currency Club Members have presented on this topic as well.

    In the USA it is not illegal to own such currency as in many other Countries it is illegal to own counterfeits of any kind, even from a collector standpoint.

    As far as what you can do with copying currency, it states it on the BEP Website quite clearly. At the moment I forget the persons name, but there was a counterfeiter who would draw banknotes with such skill and artistry that it would pass as real...his items are "hot" collectibles.

    Have a great day all...

    RickieB
     
  7. Daggarjon

    Daggarjon Supporter**

    RickieB is correct. merely owning US fake bills is not illegal - i had to make sure a few years ago for my own fake notes lol

    it IS illegal to pass the fake notes as real though!
     
  8. schwalbe

    schwalbe Junior Member

    i think it'd be interesting to have a few of them. just to show people the differance between the real and what a fake may look like.
     
  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That,s some excellent Info there!! Would wonder how that would effect
    Mpc,s value???

    Sounds like a good topic on Mpc Talk!!
     
  10. Numbers

    Numbers Senior Member

    You must surrender counterfeit money to the authorities upon request--there's no affirmative obligation to take it directly to the nearest police station. The law is written this way so that the police will have discretion to allow certain people to hold some counterfeits--e.g. a store manager who wants to use them to train employees.

    Coin World did an article some years ago on the legalities of collecting counterfeits, and after a long analysis their conclusion was that (a) it's legal, but (b) if the authorities ask you to turn in your collection and you refuse, it becomes illegal. So you're taking a real chance if you invest more than a trivial amount in such a collection....

    Of course, you're also taking the chance that a court might not *believe* you were only collecting the notes and not intending to pass them. As with any crime defined by intent, it's not your actual intent that really matters, but the judge's perception of it!
     
  11. schwalbe

    schwalbe Junior Member

    good info numbers.
     
  12. vrt

    vrt Junior Member

    This statement is also true with regard of your collection of authentic money, your home and even yourself.
     
  13. micheldura2

    micheldura2 Senior Member

    OMG! Really VRT??? Why? Are you talking about the patriot act?
     
  14. vrt

    vrt Junior Member

    That's really offtopic here.

    No, I was not. Even without this thing they have enought power to do this. I do not think it needs any prove.
     
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