Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Why wasn't this artist arrested for making multiple counterfeit U.S. cents?
>
Reply to Thread
Message:
<p>[QUOTE="Blissskr, post: 2965409, member: 34882"]And once again the FTC way back in Gold Bullion Intl which was again restated as being the precedent case in determining the rules/regulations pertaining to copy marks when the H.P.A was updated. Had ruled that there is no requirement that knowledge or intent to deceive be shown in order to prove a violation of the hobby protection act. They also reiterate at the end of the opinion after all the suggestions that the coins must be marked already as set by the Gold Bullion case precedent.</p><p><br /></p><p>[ATTACH=full]726670[/ATTACH]</p><p><br /></p><p><br /></p><p>And reading the exact wording in the updated H.P.A. which is excerpted below, I really can't see what position you or anyone else is using to argue that somehow your over strikes are exempt. Well except for the repeat claim that they are just an altered original numismatic item. Despite the fact they've been over struck and are no longer an original numismatic item, have lost legal tender status and thus no longer represent a government issued coin able to legally be passed in commerce.</p><p><br /></p><p>'Notably, the Commission has addressed whether coins resembling</p><p>government-issued coins with date variations are subject to the Rules.</p><p>In re Gold Bullion Int’l, Ltd., 92 F.T.C. 196(1978). It concluded that such coins should be marked as a ‘‘COPY’’ because otherwise they could be mistaken for an original numismatic item. 22'[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2965409, member: 34882"]And once again the FTC way back in Gold Bullion Intl which was again restated as being the precedent case in determining the rules/regulations pertaining to copy marks when the H.P.A was updated. Had ruled that there is no requirement that knowledge or intent to deceive be shown in order to prove a violation of the hobby protection act. They also reiterate at the end of the opinion after all the suggestions that the coins must be marked already as set by the Gold Bullion case precedent. [ATTACH=full]726670[/ATTACH] And reading the exact wording in the updated H.P.A. which is excerpted below, I really can't see what position you or anyone else is using to argue that somehow your over strikes are exempt. Well except for the repeat claim that they are just an altered original numismatic item. Despite the fact they've been over struck and are no longer an original numismatic item, have lost legal tender status and thus no longer represent a government issued coin able to legally be passed in commerce. 'Notably, the Commission has addressed whether coins resembling government-issued coins with date variations are subject to the Rules. In re Gold Bullion Int’l, Ltd., 92 F.T.C. 196(1978). It concluded that such coins should be marked as a ‘‘COPY’’ because otherwise they could be mistaken for an original numismatic item. 22'[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Why wasn't this artist arrested for making multiple counterfeit U.S. cents?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...