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The legality of owning/selling counterfeits
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<p>[QUOTE="baseball21, post: 3426067, member: 76863"]Any time a law enforcement officer hears the word fake or counterfeit they are going to say it's illegal largely to protect their own career but also because they may not know the actual laws for that specific item. There are far too many laws for them to know everyone. Even the Secret Service that deal with money spend the overwhelming majority of their time hunting fake bills that are being used and put into commerce.</p><p><br /></p><p>For well known issues LEOs can be a good source of information, but for fringe issues like this you'll almost always get a canned type response and a lawyer would be much better to consult.</p><p><br /></p><p>The major area where you could run into trouble would be a fake ultra modern that's a currently circulating coin. You could make the argument that has to do with the money supply if you had a fake 1999 quarter or something like that. As far as numismatic fakes, ICG openly advertises they'll slab them and the other TPGs return them to the customer, they're displayed at coin shows, grading courses have been known to use them etc. That said nothing is stopping an overzealous agent from seizing it, but just because something is taken doesn't mean a court will necessarily agree.</p><p><br /></p><p>A specialist lawyer would be where people need to consult for concrete answers.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 3426067, member: 76863"]Any time a law enforcement officer hears the word fake or counterfeit they are going to say it's illegal largely to protect their own career but also because they may not know the actual laws for that specific item. There are far too many laws for them to know everyone. Even the Secret Service that deal with money spend the overwhelming majority of their time hunting fake bills that are being used and put into commerce. For well known issues LEOs can be a good source of information, but for fringe issues like this you'll almost always get a canned type response and a lawyer would be much better to consult. The major area where you could run into trouble would be a fake ultra modern that's a currently circulating coin. You could make the argument that has to do with the money supply if you had a fake 1999 quarter or something like that. As far as numismatic fakes, ICG openly advertises they'll slab them and the other TPGs return them to the customer, they're displayed at coin shows, grading courses have been known to use them etc. That said nothing is stopping an overzealous agent from seizing it, but just because something is taken doesn't mean a court will necessarily agree. A specialist lawyer would be where people need to consult for concrete answers.[/QUOTE]
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