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<p>[QUOTE=&quot;dcarr, post: 2175748, member: 4781&quot;]My point is, to be willing to pay a lot of money for a &quot;1964&quot; Peace Dollar in the first place requires some knowledge of the coin. And the first bits of knowledge visible at the very surface are that reproductions exist, and that the genuine originals are illegal to own.</p><p><br /></p><p>A layperson might assume that a &quot;1975&quot; over-strike quarter is a normal US Mint product. If they found it or received it in change, no harm done. If they are willing to pay more than face value for it, that would require some special knowledge of the coin.</p><p><br /></p><p>There is no &quot;fraud&quot; in your scenario. Nobody is harmed. The US government is not harmed because the value of the circulating coinage is not diluted (one legal-tender quarter is &quot;consumed&quot; for every over-strike, and the apparent face value is not changed). The recipient of the coin is not harmed because the market value of it is higher than any apparent face value.</p><p><br /></p><p>I know somebody who received in change a 2004 novelty Washington DC state quarter. It was clearly marked &quot;COPY&quot;. But that didn&#039;t stop it from ending up in circulation. The person contacted me because they found out I was the one who designed it (it was minted by someone else, however). I offered him $6 for it, but he decided to keep it.</p><p><br /></p><p><br /></p><p><br /></p><p>I do not claim any legal-tender status for my over-strikes. It has never been established (as far as I know) what kinds of defacements, and to what degree, will nullify the legal-tender status. The US Mint will redeem current mutilated coins by weight, separated by denomination, if they can be identified as US Mint products. Even a melted blob of coins could possibly be redeemed. The US Mint will weigh them, divide that by the average weight per coin, and multiply by the face value of one coin. That will yield the total amount that the mutilated coins can be redeemed for.[/QUOTE]</p><p><br /></p>

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