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<p>[QUOTE=&quot;Jaelus, post: 4239501, member: 46237&quot;]Yep. I disagree there.</p><p><br /></p><p>To me genuine is:</p><ul> <li>Genuine dies</li> <li>Genuine planchets</li> </ul><p>That&#039;s it.</p><p><br /></p><p>If a coin is struck with genuine dies and genuine planchets by the original mint, then it can be authorized or unauthorized. Authorized would just be a typical coin. Unauthorized could produce a fantasy piece like the 1913 V nickels, or it could produce a non-monetized coin. This is a genuine coin indistinguishable from others struck by the mint, except it never receives authorization to be monetized. It&#039;s not a counterfeit! All coins essentially go through this state prior to release. If someone sneaks that coin out of the mint and uses it to purchase goods, it becomes a counterfeit at that time (though it is academic as it is more than likely indistinguishable from a business strike).</p><p><br /></p><p>If the coin is struck by another source with genuine dies and planchets, then it could be a fantasy piece (if the actual coin was never produced), a restrike (if struck with the intent to produce a restrike), or a counterfeit (if struck with the intent to defraud).</p><p><br /></p><p>But the key disagreement here is in the importance of intent. Without intent to defraud, you cannot produce a counterfeit, even with the same materials and processes used.</p><p><br /></p><p>This is not just my opinion, it is the actual dictionary definition of the word counterfeit, as well as the interpretation of the term by the US Government.</p><p><br /></p><p>If you look up the word <i>counterfeit</i> you&#039;ll find something like this:</p><p><br /></p><p>&quot;Made in exact imitation of something valuable or important with the <i><b>intention to deceive or defraud</b></i>. A <i><b>fraudulent</b></i> imitiation.&quot;</p><p><br /></p><p>In other words, if the intent to defraud isn&#039;t there, it&#039;s not counterfeit.</p><p><br /></p><p>The US Government also agrees with this definition. If you read through the <a href="https://www.govinfo.gov/content/pkg/USCODE-2009-title18/html/USCODE-2009-title18-partI-chap25.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.govinfo.gov/content/pkg/USCODE-2009-title18/html/USCODE-2009-title18-partI-chap25.htm" rel="nofollow">Counterfeit Deterrence Act of 1992</a>, in every section that introduces a definition for the act of counterfeiting, it uses similar language to this:</p><p><br /></p><p>&quot;Whoever, <b><i>with intent to defraud</i></b>, falsely makes, forges, counterfeits, or alters any obligation or other security of the United States, shall be...&quot;</p><p><br /></p><p>So no physical part of the process of producing the coin makes it a counterfeit, only the <i>intent to defraud</i> does.[/QUOTE]</p><p><br /></p>

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