Discussion in 'Coin Chat' started by DarkRage666, Jan 13, 2021.
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Because people do it all the time without any repercussions
Is the US supposed to start a nuclear world war invading China to stop coin fakes?
What about the American made counterfeit confederate bills?
Many of those were made during the war. It was one of the strategies used by the union to devalue their notes.
Okay... Thank you!
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.
That has nothing to do with the legality of whether you can counterfeit something or not
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.
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
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.
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.
this kind of salesperson operates under "there is one born every minute".
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.
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