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<p>[QUOTE="medoraman, post: 1390371, member: 26302"]Why does that have to mean by spending them? I read that as being sold, "introduced into commerce". Why would wording like that be in the Hobby Protection Act? The entire PURPOSE of the law to protect numismatically valuable coins from being counterfeited. </p><p><br /></p><p>Spending counterfeit coins are already well covered in counterfeiting laws.</p><p><br /></p><p>Maybe I am just dense or something.</p><p><br /></p><p>Edit: Definition of numismatic item in the act:</p><p><br /></p><p>"d) Imitation numismatic item means an item which purports to be, but in fact is not, an original numismatic item or which is a reproduction, copy, or counterfeit of an original numismatic item. Such term includes an original numismatic item which has been altered or modified in such a manner that it could reasonably purport to be an original numismatic item other than the one which was altered or modified. The term shall not include any re-issue or re-strike of any original numismatic item by the United States or any foreign government.</p><p>"</p><p><br /></p><p>It also covers political buttons and memorabilia, so I seriously doubt the intent of the act is to simply stop counterfeiters of spending money. I would strongly argue "introducing into commerce" means selling them regardless of any disclosure. The intent of the act is to protect the hobby, and selling imitations unmarked will potentially destroy the hobby. The only protection is forcing all fakes to be indelibly marked as fakes.</p><p><br /></p><p>Remember the reproduction mint in Arkansas? You could request which side had COPY stamped on it, but they would not ever sell one without the stamp, because in their literature they declared it illegal to manufacture an imitation, even one sold as an imitation, unless stamped COPY. They were in the business, and had a legal opinion rendered, and it affected their business, so I would tend to believe their view.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1390371, member: 26302"]Why does that have to mean by spending them? I read that as being sold, "introduced into commerce". Why would wording like that be in the Hobby Protection Act? The entire PURPOSE of the law to protect numismatically valuable coins from being counterfeited. Spending counterfeit coins are already well covered in counterfeiting laws. Maybe I am just dense or something. Edit: Definition of numismatic item in the act: "d) Imitation numismatic item means an item which purports to be, but in fact is not, an original numismatic item or which is a reproduction, copy, or counterfeit of an original numismatic item. Such term includes an original numismatic item which has been altered or modified in such a manner that it could reasonably purport to be an original numismatic item other than the one which was altered or modified. The term shall not include any re-issue or re-strike of any original numismatic item by the United States or any foreign government. " It also covers political buttons and memorabilia, so I seriously doubt the intent of the act is to simply stop counterfeiters of spending money. I would strongly argue "introducing into commerce" means selling them regardless of any disclosure. The intent of the act is to protect the hobby, and selling imitations unmarked will potentially destroy the hobby. The only protection is forcing all fakes to be indelibly marked as fakes. Remember the reproduction mint in Arkansas? You could request which side had COPY stamped on it, but they would not ever sell one without the stamp, because in their literature they declared it illegal to manufacture an imitation, even one sold as an imitation, unless stamped COPY. They were in the business, and had a legal opinion rendered, and it affected their business, so I would tend to believe their view.[/QUOTE]
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