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<p>[QUOTE=&quot;blue_oxen, post: 704384, member: 19714&quot;]this just about raps it up for me Ive made up my mind what im going to be doing...</p><p>&nbsp;</p><p><i><font face="Times New Roman"><font size="4"><span style="color: black">Though the legalities regarding ownership of bogus coins aren&#039;t completely clear, there&#039;s nothing in the statutory&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; or case law in the U.S. that indicates simple possession is illegal. Two areas of U.S. statuatory law deal with&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; counterfeit coins. Title 18, Part I, Chapter 25 (Counterfeiting and Forgery) of the U.S. Code, Sections 485, 489,&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; and 492 deal with counterfeits of U.S. and world coins. The Hobby Protection Act of 1973 (Title 15, Chapter 48,&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Sections 2101 through 2106 of the U.S. Code, plus 1988 amendments) deals with counterfeits of ancient coins.</span></font></font></i></p><p><i><font face="Times New Roman"><font size="4"><span style="color: black">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; </span></font></font></i></p><p><i><font face="Times New Roman"><font size="4"><span style="color: black">&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Similarly, no court in the U.S. has ever ruled that possession of counterfeits of collectable coins is illegal.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; What&#039;s more, at least two circuit courts have ruled that possession of counterfeit coins without intent to defraud&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; doesn&#039;t violate the U.S. counterfeit statues (United States v. Cardillo, 708 F.2d 29 [1983], and United States&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; v. Ratner, 464 F.2d 169 [1972]), according to collector and lawyer Michael Benveniste.</span></font></font></i></p><p><br /></p><p>The rest of this article can be found at </p><p><br /></p><p><a href="http://rg.ancients.info/guide/counterfeits.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://rg.ancients.info/guide/counterfeits.html" rel="nofollow">http://rg.ancients.info/guide/counterfeits.html</a> </p><p><br /></p><p>I recommend reading it.[/QUOTE]</p><p><br /></p>

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