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<p>[QUOTE="WpnsExpert78, post: 1515490, member: 34477"]No its not illegal to melt silver coins. Its only illegal to alter, deface, etc. them. I understand there are coins in collectors hands but when you know that boxes of good coins and some that maybe rare are being thrown to the fire it makes you (atleast me) kind of sick. As for pennies and nickels I am not sure but I do believe it is a crime to melt them. I am ONLY speaking of silver coins. After all at one time the goverment was the one wanting them back and melting them right?</p><p><br /></p><p><i>Section 331 of Title 18 of the United States code provides criminal penalties for anyone who fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the Mint does not promote coloring, plating or altering U.S. coinage: however, there are no sanctions against such activity absent fraudulent intent. </i>[/QUOTE]</p><p><br /></p>
[QUOTE="WpnsExpert78, post: 1515490, member: 34477"]No its not illegal to melt silver coins. Its only illegal to alter, deface, etc. them. I understand there are coins in collectors hands but when you know that boxes of good coins and some that maybe rare are being thrown to the fire it makes you (atleast me) kind of sick. As for pennies and nickels I am not sure but I do believe it is a crime to melt them. I am ONLY speaking of silver coins. After all at one time the goverment was the one wanting them back and melting them right? [I]Section 331 of Title 18 of the United States code provides criminal penalties for anyone who fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States. This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the Mint does not promote coloring, plating or altering U.S. coinage: however, there are no sanctions against such activity absent fraudulent intent. [/I][/QUOTE]
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