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<p>[QUOTE="Treashunt, post: 170390, member: 6763"]First, yes it is (to my knowledge) illegal to deface US Currency. However, coins are not currency, that is paper money. </p><p> [Webster's dictionary: Currency: the money in circulation in any country; often, specifically, paper money.]</p><p><br /></p><p>The defacement of coins was passed around the turn of the century because of the coin shortage caused by people creating 'love tokens'.</p><p><br /></p><p>The melting of silver coins was declared illegal around 1964-1965 because of the coin shortage, however, (I don't know the date) obviously this was reversed, or we would not have the lively trade in silver coins that we have today.</p><p> Also, remember the 'Great Silver Melt' of 1980, when the price of silver went nuts. Therefore, coins can be melted. I remember that they were discussing passing a law to prevent the melting of copper cents back around 1982, but the price of copper dropped, and then it became a dead issue.</p><p>Frank[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 170390, member: 6763"]First, yes it is (to my knowledge) illegal to deface US Currency. However, coins are not currency, that is paper money. [Webster's dictionary: Currency: the money in circulation in any country; often, specifically, paper money.] The defacement of coins was passed around the turn of the century because of the coin shortage caused by people creating 'love tokens'. The melting of silver coins was declared illegal around 1964-1965 because of the coin shortage, however, (I don't know the date) obviously this was reversed, or we would not have the lively trade in silver coins that we have today. Also, remember the 'Great Silver Melt' of 1980, when the price of silver went nuts. Therefore, coins can be melted. I remember that they were discussing passing a law to prevent the melting of copper cents back around 1982, but the price of copper dropped, and then it became a dead issue. Frank[/QUOTE]
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