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<p>[QUOTE="medoraman, post: 970003, member: 26302"]I don't think its a terrible idea to hoard these cents. Yes, there is a law on the books right now making it illegal to melt them, but that law would be overturned if challenged. Just because its a law does not make it lawful. In past cases courts have ruled that coinage is personal property to be used as wished as long as it is not to deceive someone else. Melting would be "used as wished". This is why it is not illegal to deface, create elongated coins, etc. As long as you are not altering a coin to defraud someone else, you may you it as your personal property however you may wish.</p><p><br /></p><p>I have a few bags of wheat cents, but I haven't went through the effort of sorting out copper cents. If I were in a position where many ran through my hands daily, I probably would build a machine to sort them and hoard them.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 970003, member: 26302"]I don't think its a terrible idea to hoard these cents. Yes, there is a law on the books right now making it illegal to melt them, but that law would be overturned if challenged. Just because its a law does not make it lawful. In past cases courts have ruled that coinage is personal property to be used as wished as long as it is not to deceive someone else. Melting would be "used as wished". This is why it is not illegal to deface, create elongated coins, etc. As long as you are not altering a coin to defraud someone else, you may you it as your personal property however you may wish. I have a few bags of wheat cents, but I haven't went through the effort of sorting out copper cents. If I were in a position where many ran through my hands daily, I probably would build a machine to sort them and hoard them.[/QUOTE]
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