Just found this quarter in a box of circulated Quarters. You can tell that on one side of the quarter it was cut out around the rim in order to insert the shaved down 1981 P quarter it was also inserted wrong for it is set at 90% from the other side. the other side is a 1990 P quarter. it is illegal to use this quarter as money but apparently somebody got away with it.
Why would it be illegal to spend as a 25 cent piece, provided the larger piece is a government issued coin?
I don't think the person at the cashier has time to look at both sides of a coin before receiving it or giving them back as change.. It's just a novelty two headed quarter. Neat find.
As a kid, I always thought American currency was Gov't property and couldn't or shouldn't be tampered with. Just thinking out loud: Not that it would/could happen......Could a magicians coin be considered counterfeit and be legally seized by the Gov't, just like currency?
Mamy old threads about this. No deception that it is not a quarter worth 25 cents or changed at a bank for 25 cents. Now if they tried to deceive someone that it was a half dollar ..
...or of a customer handed that magicians quarter or half to a teller at a bank, it fell, opened and broke apart..... The teller could seized it?
I know it damaged. My question: Can the teller legally seize the coin and take it out of circulation?
If you deposited it, Yes. If you were just showing it to them, No. The question of legality with altered coins hinges on whether the alteration was done with intent to defraud. Altering two quarters and then passing it as one quarter doesn't seem to me like you are trying to defraud them. Trying to sell it as a rare error, or using it to try to increase your odds gambling would be, and in such a case subject to seizure.