Is It Illegal To Melt Quarters at Ali Haywood blog

Is It Illegal To Melt Quarters. Is it legal to melt other coins? The simple answer is that melting pennies a nd nickels for profit is illegal. This also includes exportation of these coins (which usually is then melted in other countries). Many online debates have popped up over the legality of melting down u.s. Coins in the united states. This prohibition was enacted by the united states mint in 2006 due to the face value of these coins. However, as with any law, there are important details to consider before deciding to melt down coins. It is not illegal to melt, destroy, or modify any u.s. 2021), you can melt any other united states or foreign coin (with the exception of u.s. It is illegal to melt and profit off of pennies and nickels. Many coin dealers buy old silver coins and gold coins strictly on their melt value. But from now on, dumping your chump change in the fondue set and turning it into an ingot could get you up to. Until this month, melting down coins hasn't been illegal in the us.

Is It Illegal To Melt U.S. Coins?
from www.coincollecting.com

This prohibition was enacted by the united states mint in 2006 due to the face value of these coins. But from now on, dumping your chump change in the fondue set and turning it into an ingot could get you up to. This also includes exportation of these coins (which usually is then melted in other countries). The simple answer is that melting pennies a nd nickels for profit is illegal. It is illegal to melt and profit off of pennies and nickels. It is not illegal to melt, destroy, or modify any u.s. Coins in the united states. However, as with any law, there are important details to consider before deciding to melt down coins. Many coin dealers buy old silver coins and gold coins strictly on their melt value. Until this month, melting down coins hasn't been illegal in the us.

Is It Illegal To Melt U.S. Coins?

Is It Illegal To Melt Quarters 2021), you can melt any other united states or foreign coin (with the exception of u.s. Is it legal to melt other coins? But from now on, dumping your chump change in the fondue set and turning it into an ingot could get you up to. The simple answer is that melting pennies a nd nickels for profit is illegal. Coins in the united states. This prohibition was enacted by the united states mint in 2006 due to the face value of these coins. It is illegal to melt and profit off of pennies and nickels. Many coin dealers buy old silver coins and gold coins strictly on their melt value. However, as with any law, there are important details to consider before deciding to melt down coins. Many online debates have popped up over the legality of melting down u.s. This also includes exportation of these coins (which usually is then melted in other countries). It is not illegal to melt, destroy, or modify any u.s. 2021), you can melt any other united states or foreign coin (with the exception of u.s. Until this month, melting down coins hasn't been illegal in the us.

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