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09SVDB Counterfeit, for me this is the second time around!
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<p>[QUOTE="mrweaseluv, post: 8244114, member: 40340"]Technicly yes, it is illegal to own or posses counterfeits... but... "Fantasy coins" are acceptable... the catch in the law is if there is intent to "defraud" someone (ie spend it or sell it as real) We call these "black box" coins and Many of us own at least one (i actualy do have a small collection of them myself) Included among them are quite a few Liberty dollars, which were illegal to own when determined to be counterfeits, but are now acceptable as "fantasy coins"...</p><p>In the end, this is not a law that is usualy enforced except when someone does commit some type of fraud...</p><p><br /></p><p><b>Possession of counterfeit United States obligations with fraudulent intent is a violation of Title 18, Section 472 of the United States Code</b> and is punishable by a fine of up to $15,000, or 15 years imprisonment, or both.[/QUOTE]</p><p><br /></p>
[QUOTE="mrweaseluv, post: 8244114, member: 40340"]Technicly yes, it is illegal to own or posses counterfeits... but... "Fantasy coins" are acceptable... the catch in the law is if there is intent to "defraud" someone (ie spend it or sell it as real) We call these "black box" coins and Many of us own at least one (i actualy do have a small collection of them myself) Included among them are quite a few Liberty dollars, which were illegal to own when determined to be counterfeits, but are now acceptable as "fantasy coins"... In the end, this is not a law that is usualy enforced except when someone does commit some type of fraud... [B]Possession of counterfeit United States obligations with fraudulent intent is a violation of Title 18, Section 472 of the United States Code[/B] and is punishable by a fine of up to $15,000, or 15 years imprisonment, or both.[/QUOTE]
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09SVDB Counterfeit, for me this is the second time around!
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