Nickeles and Pennies Law past no Melting

Discussion in 'US Coins Forum' started by holz, Dec 14, 2006.

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  1. Drusus

    Drusus Pecunia non olet

    Well, my hobby isnt melting coins but yeah...fight the power...its my coin I should be able to melt it is I like.
     
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  3. Coinlover

    Coinlover The Coin Collector

    since this law has passed, are the copper pre 1982 pennies still worth saving?
     
  4. Drusus

    Drusus Pecunia non olet

    was it no already illegal to destroy currency?

    United States Code
    TITLE 18
    PART I
    CHAPTER 17
    § 331. Mutilation, diminution, and falsification of coins

    http://assembler.law.cornell.edu/uscode/search/display.html?terms=defaces&url=/uscode/html/uscode18/usc_sec_18_00000331----000-.html

    “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.”
     
  5. Drusus

    Drusus Pecunia non olet

    never mind, I guess the word 'fraudulently' answered my question.

    I guess melting down coins its fraudulent
     
  6. airedale

    airedale New Member

    This law seems wise and a good way to protect America's assets.
     
  7. skm06

    skm06 Member

    Considering the melting point of copper, 1084.62 °C (1984.32 °F),and nickel , 1455 °C (2651 °F)
    it's not a simple task for the average Joe to undertake in his back yard, though this is still not right.
     
  8. NathansCoin

    NathansCoin New Member


    i agree
     
  9. NathansCoin

    NathansCoin New Member

    I dont see any problem in the US mint trying to make sure people dont distroy and or try to make profit from are national coinage. As far as I know the US dosnt melt any other coutrys coins. I could be wrong, but if the US did, then these actaions would be pretty hypocritical.
     
  10. satootoko

    satootoko Retired

    For purposes of the coin forums, let's just recognize that there are deep-seated differences of opinion on the merits of the Mint decision, and direct any further discussion of that question where it belongs - the Politics, Religion and World Events forum.
     
  11. Drusus

    Drusus Pecunia non olet

    The way I see it and it might be naive is that I worked and earned those pennies...thus they are mine to do with as I like. :) It not like I can take them to the government and demand their silver or gold value...cash them in.
     
  12. satootoko

    satootoko Retired

    Drusus - I guess you didn't read the previous post.
     
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