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Why wasn't this artist arrested for making multiple counterfeit U.S. cents?
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<p>[QUOTE="dcarr, post: 2965637, member: 4781"]We are at the same point of contention as always. There is a distinction between striking a known coin type on a virgin blank (and deceptively marketing it) versus over-striking (altering) an existing genuine coin for novelty purposes. You may dismiss that distinction, but it still exists nonetheless.</p><p><br /></p><p>The Committee was fully aware of the altering of genuine coins to add fantasy elements, and the only Committee statement regarding the alteration of US Coins was: "<i>By contrast, the federal statute prohibiting the alteration of U.S. coins requires fraudulent intent. </i><a href="https://api.fdsys.gov/link?collection=uscode&title=18&year=mostrecent&section=331&type=usc&link-type=html" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://api.fdsys.gov/link?collection=uscode&title=18&year=mostrecent&section=331&type=usc&link-type=html" rel="nofollow"><i>18 U.S.C. 331</i></a><i>. Accordingly, the Commission finds no grounds to adopt a rule banning fantasy coins." </i>As I stated previously, this indicates that altering US coins is ok if not done with fraudulent intent. The Committee did not indicate that a genuine coin with a counter-stamp, for example, must be marked "COPY".</p><p><br /></p><p>A genuine coin that is altered to have fantasy elements is not a copy of an "original numismatic item". The "Carr" over-strike "1964-D" Peace dollars have been out for 8 years now. Based on market acceptance, resale prices, and high-level collectors acquiring them, they have achieved the status of an "original numismatic item" in their own right. Other (non-Carr) "1964" Peace dollars have not achieved any sort of brand recognition.[/QUOTE]</p><p><br /></p>
[QUOTE="dcarr, post: 2965637, member: 4781"]We are at the same point of contention as always. There is a distinction between striking a known coin type on a virgin blank (and deceptively marketing it) versus over-striking (altering) an existing genuine coin for novelty purposes. You may dismiss that distinction, but it still exists nonetheless. The Committee was fully aware of the altering of genuine coins to add fantasy elements, and the only Committee statement regarding the alteration of US Coins was: "[I]By contrast, the federal statute prohibiting the alteration of U.S. coins requires fraudulent intent. [/I][URL='https://api.fdsys.gov/link?collection=uscode&title=18&year=mostrecent§ion=331&type=usc&link-type=html'][I]18 U.S.C. 331[/I][/URL][I]. Accordingly, the Commission finds no grounds to adopt a rule banning fantasy coins." [/I]As I stated previously, this indicates that altering US coins is ok if not done with fraudulent intent. The Committee did not indicate that a genuine coin with a counter-stamp, for example, must be marked "COPY". A genuine coin that is altered to have fantasy elements is not a copy of an "original numismatic item". The "Carr" over-strike "1964-D" Peace dollars have been out for 8 years now. Based on market acceptance, resale prices, and high-level collectors acquiring them, they have achieved the status of an "original numismatic item" in their own right. Other (non-Carr) "1964" Peace dollars have not achieved any sort of brand recognition.[/QUOTE]
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Why wasn't this artist arrested for making multiple counterfeit U.S. cents?
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