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<p>[QUOTE="EyeAppealingCoins, post: 3426077, member: 96749"]There is so much to unpack here.</p><p><br /></p><p>The Hobby Protection Act is a civil statute that applies to manufacturers, importers, or others who distribute non-compliant pieces into commerce. It does not say anything about simple possession of non-compliant pieces. </p><p><br /></p><p>The use of the word "ownership" here may be causing some issues as the general rule is that title to counterfeits does not pass. I think what you are really asking is whether simple possession of a counterfeit coin without intent to defraud is itself illegal in a criminal sense, and the answer to that is no. The relevant coin criminal statutes 18 U.S.C. 485 and 18 U.S.C. 490 require an intent to defraud as an element to a criminal prosecution. Note, however, that 18 U.S.C. 492 coins that were made in violation of that chapter are subject to forfeiture and failing to surrender when demanded is a minor offense. Also note that the prohibition against the counterfeit of foreign coins is limited to those that are current in the United States.[/QUOTE]</p><p><br /></p>
[QUOTE="EyeAppealingCoins, post: 3426077, member: 96749"]There is so much to unpack here. The Hobby Protection Act is a civil statute that applies to manufacturers, importers, or others who distribute non-compliant pieces into commerce. It does not say anything about simple possession of non-compliant pieces. The use of the word "ownership" here may be causing some issues as the general rule is that title to counterfeits does not pass. I think what you are really asking is whether simple possession of a counterfeit coin without intent to defraud is itself illegal in a criminal sense, and the answer to that is no. The relevant coin criminal statutes 18 U.S.C. 485 and 18 U.S.C. 490 require an intent to defraud as an element to a criminal prosecution. Note, however, that 18 U.S.C. 492 coins that were made in violation of that chapter are subject to forfeiture and failing to surrender when demanded is a minor offense. Also note that the prohibition against the counterfeit of foreign coins is limited to those that are current in the United States.[/QUOTE]
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