Why is it one way but not the other?

Discussion in 'Coin Chat' started by DarkRage666, Jan 13, 2021.

  1. DarkRage666

    DarkRage666 Tiredness taken over

    Why is it illegal to counterfeit (newer) dollar bills but not coins or confederate dollar bills?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. baseball21

    baseball21 Well-Known Member

    Why do you think it's legal to counterfeit any of those
     
    yakpoo, YoloBagels and Inspector43 like this.
  4. DarkRage666

    DarkRage666 Tiredness taken over

    Because people do it all the time without any repercussions
     
    ldhair likes this.
  5. baseball21

    baseball21 Well-Known Member

    Is the US supposed to start a nuclear world war invading China to stop coin fakes?
     
    DarkRage666 and YoloBagels like this.
  6. DarkRage666

    DarkRage666 Tiredness taken over

    Fair enough
     
  7. DarkRage666

    DarkRage666 Tiredness taken over

    What about the American made counterfeit confederate bills?
     
  8. baseball21

    baseball21 Well-Known Member

    Many of those were made during the war. It was one of the strategies used by the union to devalue their notes.
     
    YoloBagels and DarkRage666 like this.
  9. DarkRage666

    DarkRage666 Tiredness taken over

    Okay... Thank you!
     
  10. johnmilton

    johnmilton Well-Known Member

    In case you missed the memo, the south lost the war and therefore is in no position to prosecute those who counterfeit their currency.

    More seriously, I think that counterfeiting these items should come under Hobby Protection Act. These pieces should have “COPY” or some similar word on them. The trouble is the law is seldom enforced.

    And, yes, it is illegal to counterfeit coins. The trouble is, they are worth so little these days, that there is no money in it for the crooks.
     
  11. baseball21

    baseball21 Well-Known Member

    That has nothing to do with the legality of whether you can counterfeit something or not
     
  12. Bradley Trotter

    Bradley Trotter Well-Known Member

    Economic warfare/tourist souvenirs.
     
  13. GDJMSP

    GDJMSP Numismatist Moderator

    The simple answer to your question is - it is illegal to counterfeit coins. Confederate bills - I dunno if it's illegal or not.

    Before there can be any repercussions, they have to get caught by the authorities, and there has to be somebody willing to prosecute them.

    My point of course is that just because they do it and there are no repercussions, that doesn't mean it isn't illegal.
     
    DarkRage666 likes this.
  14. baseball21

    baseball21 Well-Known Member

    Its illegal to counterfeit and sell anything in the US under various laws. It may not be mentioned in specific numismatic laws but other laws cover it
     
  15. medoraman

    medoraman Supporter! Supporter

    Confederate bills were never legal tender in the US. US coins are protected under the Hobby Protection Act which makes it a federal crime to counterfeit.

    However, copying anything and selling as authentic has always been illegal under the UCC and various other statutes in the states as fraud. The states simply do not have the resources to go after them, especially if overseas.
     
  16. Conder101

    Conder101 Numismatist

    Confederate bills would be considered to be a numismatic item. A copy would be considered an imitation numismatic item and would therefore have to be marked with COPY under the Hobby Protection Act. So yes an unmarked copy made since 1973 would be illegal.

    As Medoraman says selling an unmarked copy as the genuine article would fall under the fraud statutes, making it falls under the HPA. So if you sold an unmarked copy as a copy it would not be fraud, but would still be illegal under the HPA.

    Now if we could just get them to enforce the HPA.

    That's the problem. In most cases we don't need "new tougher laws", we need better enforcement of the laws already on the books.
     
  17. charley

    charley Well-Known Member

    not enough leo that can be assigned to the problem. if it was north korea super bills, yes, agents are available.
     
  18. DarkRage666

    DarkRage666 Tiredness taken over

    In a previous thread I mentioned I was sold a fake confederate dollar bill that the guy said was real... So is that against the law?
     
  19. charley

    charley Well-Known Member

    i think that is called salesmanship.
    this kind of salesperson operates under "there is one born every minute".
     
  20. yakpoo

    yakpoo Member

    Everything is legal...until you're caught.
     
  21. ZoidMeister

    ZoidMeister Hamlet Squire of Tomfoolery . . . . . Supporter

    Yes, an inquiry with local police in his shop should suffice for him to take it back. Go there, then call them . . . . . .

    Cops will be rather sympathetic to a minor being defrauded, and Dude Shop Owner really doesn't want that going down during business hours in their shop. Even better, call the newspaper or local radio fraud alert folks.

    If purchased off Ebay you have much stronger protections. Just tell Ebay it is a fraud and you will get your cash back.

    If purchased elsewhere online, check with the site's return and fraud policies.

    Z
     
Draft saved Draft deleted

Share This Page