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<p>[QUOTE="Detecto92, post: 1554214, member: 75105"]I think we should send this to all members of congress to prevent the future availability of collector coins from being diminished.</p><p><br /></p><p>Disagree if you wish, but to me, coins are History, and damaging them or melting them down is destroying history. To me it would be no different if someone melted down a 1000 silver dollars then to go into a museum and destroy a famous painting. </p><p><br /></p><p><br /></p><p>We currently cannot melt down any coins that are used for circulation, like nickels, dimes, pennies, etc, why should it be any different for coins that actually are collectible and historical?</p><p>-----------------------------------------------------------------------------------------------------------------------------</p><p><br /></p><p>Historical coins are to be defined as any coin manufactured by the United States Mint 1965 and before. This applies to all circulation coinage, commemorative coins, medals, tokens, proof sets, mint sets, etc. This term hereby applies to any product manufactured by the US Mint before year 1965.</p><p><br /></p><p>The purpose of this act is to prevent historical coins from being melted down, made into jewelry, artificially toned, and other damaging effects which ruin their original composition.</p><p><br /></p><p>The mintage numbers for US coins are heavily contrasted by the unknown surviving amounts of historical coins. </p><p><br /></p><p>This is because coins in the past and present have been melted down, mutilated, made into jewelry, and destroyed by other means. </p><p><br /></p><p>As times goes on, the amount of historical coins for collectors to enjoy will diminish. Another spike in the price of Gold and Silver could be a major detriment to this hobby, as untold amounts of Silver Coins were melted down during the early 80s and year 2011. Untold amounts of gold coinage was melted down in the early 80's and year 2011 as well, as the price of gold reached an all time high of $1889/troy ounce.</p><p><br /></p><p>These major "melt downs" have destroyed thousands of collector coins, preventing them to ever be enjoyed by future generations.</p><p><br /></p><p>The 2nd biggest detriment to the collecting hobby is mutilation. Coins being made into rings, watches, necklaces, money clips, and other items. Coins being cut, drilled, bent, and destroyed by other means. These practices have also diminished the surviving population for further generations to enjoy.</p><p><br /></p><p>If an end is not put to these detrimental actives, it will severely impact the collecting hobby for future generations. </p><p><br /></p><p>Under the Historical Coin Protection Act. (HCPA), it will be illegal to:</p><p><br /></p><p>A. Melt down any coins or other products manufactured by the US mint 1965 and before.</p><p>B. Cut, tear, bend, drill, solder, or otherwise mutilate any coins or other products manufactured by the US Mint 1965 and before.</p><p>C. Paint, enamel, colorize, artificially tone, plate, coat, or any other kind of method of changing the original surface of any coin or other products manufactured by the US mint 1965 and before.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1554214, member: 75105"]I think we should send this to all members of congress to prevent the future availability of collector coins from being diminished. Disagree if you wish, but to me, coins are History, and damaging them or melting them down is destroying history. To me it would be no different if someone melted down a 1000 silver dollars then to go into a museum and destroy a famous painting. We currently cannot melt down any coins that are used for circulation, like nickels, dimes, pennies, etc, why should it be any different for coins that actually are collectible and historical? ----------------------------------------------------------------------------------------------------------------------------- Historical coins are to be defined as any coin manufactured by the United States Mint 1965 and before. This applies to all circulation coinage, commemorative coins, medals, tokens, proof sets, mint sets, etc. This term hereby applies to any product manufactured by the US Mint before year 1965. The purpose of this act is to prevent historical coins from being melted down, made into jewelry, artificially toned, and other damaging effects which ruin their original composition. The mintage numbers for US coins are heavily contrasted by the unknown surviving amounts of historical coins. This is because coins in the past and present have been melted down, mutilated, made into jewelry, and destroyed by other means. As times goes on, the amount of historical coins for collectors to enjoy will diminish. Another spike in the price of Gold and Silver could be a major detriment to this hobby, as untold amounts of Silver Coins were melted down during the early 80s and year 2011. Untold amounts of gold coinage was melted down in the early 80's and year 2011 as well, as the price of gold reached an all time high of $1889/troy ounce. These major "melt downs" have destroyed thousands of collector coins, preventing them to ever be enjoyed by future generations. The 2nd biggest detriment to the collecting hobby is mutilation. Coins being made into rings, watches, necklaces, money clips, and other items. Coins being cut, drilled, bent, and destroyed by other means. These practices have also diminished the surviving population for further generations to enjoy. If an end is not put to these detrimental actives, it will severely impact the collecting hobby for future generations. Under the Historical Coin Protection Act. (HCPA), it will be illegal to: A. Melt down any coins or other products manufactured by the US mint 1965 and before. B. Cut, tear, bend, drill, solder, or otherwise mutilate any coins or other products manufactured by the US Mint 1965 and before. C. Paint, enamel, colorize, artificially tone, plate, coat, or any other kind of method of changing the original surface of any coin or other products manufactured by the US mint 1965 and before.[/QUOTE]
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