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<p>[QUOTE="SteveCaruso, post: 2060239, member: 37497"]In truth, the "new law" (the Collectible Coins Protection Act) doesn't do much to the old Hobby Protection Act, but it does close some gaping loopholes. The biggest changes have been that all <i>sales</i> of replica/counterfeit coins must also be marked COPY (when before it was only if one imported or manufactured them -- so folks were saying "I didn't make it or import it") and that people who substantially help out counterfeiters -- and would otherwise know better -- to pass bogus coins can be subject to enforcement.</p><p><br /></p><p>Simply owning an unmarked counterfeit or replica, provided you don't try to defraud anyone with it, is still 100% legal.</p><p><br /></p><p>As a precaution, all the fakes that end up in The Black Cabinet's stacks that don't have "COPY" stamped on them (provided they're not contemporary counterfeits of any real numismatic value) are stamped after they're cataloged and photographed and all are permanently removed from circulation.[/QUOTE]</p><p><br /></p>
[QUOTE="SteveCaruso, post: 2060239, member: 37497"]In truth, the "new law" (the Collectible Coins Protection Act) doesn't do much to the old Hobby Protection Act, but it does close some gaping loopholes. The biggest changes have been that all [I]sales[/I] of replica/counterfeit coins must also be marked COPY (when before it was only if one imported or manufactured them -- so folks were saying "I didn't make it or import it") and that people who substantially help out counterfeiters -- and would otherwise know better -- to pass bogus coins can be subject to enforcement. Simply owning an unmarked counterfeit or replica, provided you don't try to defraud anyone with it, is still 100% legal. As a precaution, all the fakes that end up in The Black Cabinet's stacks that don't have "COPY" stamped on them (provided they're not contemporary counterfeits of any real numismatic value) are stamped after they're cataloged and photographed and all are permanently removed from circulation.[/QUOTE]
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