Owning counterfeit money

Discussion in 'Coin Chat' started by ryanlglass, Dec 22, 2013.

  1. superc

    superc Active Member

    Now you get it. Secret Service would be the ones with clear jurisdiction and the decision making capability. Consider the Secret Service Agent's attitude. His bosses want a quick resolution on the Target Store Credit Card theft. At the same time someone here calls in a tip that you own a Henning Nickel as a collectible coin. Now, assuming the agent wishes to keep their job, will he spend 40 hours researching where you probably store the contraband, then take photos of that place, then spend 10 hours drafting and submitting his application for a search warrant to the Federal Prosecutor for an approval signature, 2 hours to meet with the prosecutor and convince him/her this is a career builder case, then set up an appointment with the judge, then assemble a search team and plan the raid (includes dragging the local PD along to block off the street), then an hour or three for all of them to search the property (s) for the nickel and seize it, OR will he continue to work with the other Secret Service agents on the largest credit card theft in US history?
     
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  3. benveniste

    benveniste Type Type

    That quote comes from the dissent (in part); it was not in the main decision nor the holding of the court. So, sorry, but I didn't miss it at all. (Nor is my name Ben...)
     
  4. Troodon

    Troodon Coin Collector

    eBay's policy (not always strictly enforced 100% of the time, but it's their official stated policy) is that non-genuine U.S. coins can not be listed, period, whether they're stamped "copy" or not.

    As far as the law goes owning, buying, and selling counterfeit coins does not appear to be illegal so long as you make it clear that they're counterfeit. As long as there's no intent to defraud you should be OK (legal precedent seems to agree with me on this but I'm not a lawyer so don't construe this as legal advice).
     
  5. jloring

    jloring Senior Citizen

    This policy came about a few years back when eBay removed the "replica" category. However, it has been replaced in fact by the "fantasy issue" category, which allows Carr's coins (overstrikes included) to be listed. The only reason a listing would be pulled if you mis-categorize it (such as listing the '64-D dollar under "Peace Dollars"). The "fantasy" category is a catch-all for every token and non-genuine coin that can't be listed elsewhere.

    http://www.ebay.com/sch/Fantasy-Issue-Coins-/162135/i.html

    Like I said before, Henning nickels get a "by" and are allowed (as far as I can determine) to be listed in the "Jefferson Nickel" category. I've yet to see a listing for these pulled, but I assume eBay could randomly enforce policy at any given moment.

    http://www.ebay.com/sch/i.html?_trksid=p3984.m570.l1313&_nkw=henning+nickel&_sacat=0&_from=R40
     
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