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<p>[QUOTE="19Lyds, post: 1003018, member: 15929"]A comparison of apples to oranges IMO. On one hand comparing the duplication of a non-existent form a currency from a collectible standpoint while on the other hand comparing the monetary "value" of that duplicate currency.</p><p> </p><p>If folks want to buy the Moonlight Mint Product for $125 and then spend it at the local convenience store for $1.00, they would be completely within their rights to do so and it would be totally legal since they are actually spending a real silver dollar and the clerk would accept it as "one dollar". This would even be true at a bank. As with any collectible coin, these still hold their original government issue value.</p><p> </p><p>On the other hand, if the Moonlight mint had changed the reverse from "ONE DOLLAR" to "FIFTY DOLLARS", then and only then could a prosecutable counterfeiting charge be filed and enforced.</p><p> </p><p>The "bleach the paper" and reprint a different denomination issues come up during every discussion of this piece and do represent a true comparison for counterfeiting but the denomination of the piece being discussed here has not changed. It's still "only" worth a buck down at the local store or bank just like ANY other Peace Dollar. </p><p> </p><p>A counterfeit from a federal law perspective is different than a counterfeit from a collectible standpoint. </p><p> </p><p>If an 1893-S Morgan Dollar is produced from a genuine Morgan Dollar parent piece, then thats a "collectors counterfeit" intended to deceive coin collectors. It still carries its original issue price of $1 so would fall out of the area of enforcement by the Secret Service or US Treasury. However, it's also a restrike of an existing collectible coin based upon US Mint records. These were produced, monetized, and released to US Banks for consumers use as a one dollar unit of currency.</p><p> </p><p><font face="Arial"><font size="2">316,106</font></font> 1964-D Peace Dollar <i>were</i> produced but were never monetized nor released to US Banks. According to US Mint records, all were destroyed. Two pieces that had been sent to Washington for analysis did survive that initial destruction but upon their discovery, they too were destroyed. Had they been sent to the Smithsonian such as the 1933 Double Eagles, then we would not be having this discussion as the coins <i>would</i> in fact exist.</p><p> </p><p>No 1964-D Peace dollars exist. If any did, they would most certainly have shown up by now. Yes, people have said they've seen them but folks have reported seeing Elvis since August 16th, 1977.</p><p> </p><p>Remember, the 1913 Liberty Nickel was not <i>supposed</i> to exist yet a scant 7 years later, they made their public appearance. Were they illegal? Yes. Were they confiscated? No.</p><p> </p><p>I truely believe that if any 1964-D Peace Dollars existed today, that their owner(s) would follow suit with what the Langbords have done with their 1933 Double Eagles.</p><p> </p><p>I do not believe that the US Government would destroy any confiscated or surrendered 1964-D Peace Dollars just like they did not destroy the Langbord coins even though they should have. I believe that the dollars would be displayed at ANA Conventions just like the Langbord coins since they too would be considered more of "The Nation's most treasured Numismatic Specimens".</p><p> </p><p>As a final point, should any authentic 1964-D Peace Dollar eventually turn up, then, and only then, will "Lucy have some 'splainin to do" and I hope Lucy has given that some thought.</p><p> </p><p>On the bright side, maybe, just maybe, this activity by the Moonlight Mint <i><b><u>will</u></b></i> bring any or those "authentic" 1964-D Peace Dollars out into the Public. If that happens, I don;t know what Lucy's gonna do then![/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1003018, member: 15929"]A comparison of apples to oranges IMO. On one hand comparing the duplication of a non-existent form a currency from a collectible standpoint while on the other hand comparing the monetary "value" of that duplicate currency. If folks want to buy the Moonlight Mint Product for $125 and then spend it at the local convenience store for $1.00, they would be completely within their rights to do so and it would be totally legal since they are actually spending a real silver dollar and the clerk would accept it as "one dollar". This would even be true at a bank. As with any collectible coin, these still hold their original government issue value. On the other hand, if the Moonlight mint had changed the reverse from "ONE DOLLAR" to "FIFTY DOLLARS", then and only then could a prosecutable counterfeiting charge be filed and enforced. The "bleach the paper" and reprint a different denomination issues come up during every discussion of this piece and do represent a true comparison for counterfeiting but the denomination of the piece being discussed here has not changed. It's still "only" worth a buck down at the local store or bank just like ANY other Peace Dollar. A counterfeit from a federal law perspective is different than a counterfeit from a collectible standpoint. If an 1893-S Morgan Dollar is produced from a genuine Morgan Dollar parent piece, then thats a "collectors counterfeit" intended to deceive coin collectors. It still carries its original issue price of $1 so would fall out of the area of enforcement by the Secret Service or US Treasury. However, it's also a restrike of an existing collectible coin based upon US Mint records. These were produced, monetized, and released to US Banks for consumers use as a one dollar unit of currency. [FONT=Arial][SIZE=2]316,106[/SIZE][/FONT] 1964-D Peace Dollar [I]were[/I] produced but were never monetized nor released to US Banks. According to US Mint records, all were destroyed. Two pieces that had been sent to Washington for analysis did survive that initial destruction but upon their discovery, they too were destroyed. Had they been sent to the Smithsonian such as the 1933 Double Eagles, then we would not be having this discussion as the coins [I]would[/I] in fact exist. No 1964-D Peace dollars exist. If any did, they would most certainly have shown up by now. Yes, people have said they've seen them but folks have reported seeing Elvis since August 16th, 1977. Remember, the 1913 Liberty Nickel was not [I]supposed[/I] to exist yet a scant 7 years later, they made their public appearance. Were they illegal? Yes. Were they confiscated? No. I truely believe that if any 1964-D Peace Dollars existed today, that their owner(s) would follow suit with what the Langbords have done with their 1933 Double Eagles. I do not believe that the US Government would destroy any confiscated or surrendered 1964-D Peace Dollars just like they did not destroy the Langbord coins even though they should have. I believe that the dollars would be displayed at ANA Conventions just like the Langbord coins since they too would be considered more of "The Nation's most treasured Numismatic Specimens". As a final point, should any authentic 1964-D Peace Dollar eventually turn up, then, and only then, will "Lucy have some 'splainin to do" and I hope Lucy has given that some thought. On the bright side, maybe, just maybe, this activity by the Moonlight Mint [I][B][U]will[/U][/B][/I] bring any or those "authentic" 1964-D Peace Dollars out into the Public. If that happens, I don;t know what Lucy's gonna do then![/QUOTE]
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