Nope,only if you try to make a lower value coin look like a higher value.
Nope. Check US code title 18.Sections 331 and 332 specify that it is illegal to alter coins. The Code mentions altering, scaling, mutilating, defacing, impairing, diminishing and lightening as the illegal forms of coin defacing. Individuals are liable if they create defaced coins, but also if they import, possess, sell or pass them.
Read more: Defacing U.S. Currency Laws | eHow.com [link]
Read more: Defacing U.S. Currency Laws | eHow.com [link]
read down a bit it says:
The language of the U.S. Code as it applies to defacing currency restricts it to acts that individuals commit with an intention of defrauding others or making currency unfit for reissue. Other acts, such as writing notes on a bill or causing the kind of damage that occurs naturally, are not illegal. However, the U.S. Treasury discourages all types of currency manipulation.
The language of the U.S. Code as it applies to defacing currency restricts it to acts that individuals commit with an intention of defrauding others or making currency unfit for reissue. Other acts, such as writing notes on a bill or causing the kind of damage that occurs naturally, are not illegal. However, the U.S. Treasury discourages all types of currency manipulation.
That is in refernce to bills not coins. If you intentially scratch a coin it is considered defacement. If I cut a penny in half, that is defacement.
If you sell the defacement that is now fraud.
If you sell the defacement that is now fraud.
So how are elongated penny machines Ok?
yes, because they have permission by the Government.