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It is illegal. It is the same as producing counterfeit one-hundred dollar bills. The legality of it depends on its intended use. If they are being made for any kind of fraudulent purpose, then it is very illegal and you could spend many years in a Federal prison. If they are made as a novelty or bullion item, and clearly show a difference from a normal coin (such as a different size or color, or with the word COPY on it), then there is no problem. Since the question asked about COUNTERFEIT nickels, it's obvious that they do not mean novelty items. As the first answer said, it is just as illegal as making your own 100 dollar bills. In fact, what may have been the largest counterfeit operation by an individual in the US, in the number of pieces if not in total amount, involved Jefferson Nickels. The story is buried somewhere in my past issues of The Numismatist or Numismatic News and IF I ever run across it I'll post the details here.
Wiki User
∙ 6y ago
Yes, it is illegal to make counterfeit currency, including nickels. Counterfeiting money is a federal crime in most countries and can lead to severe penalties, including fines and imprisonment. It is important to always use legitimate currency in financial transactions.
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Is it against the law to accept a counterfeit bill?
Yes, it is illegal to accept a counterfeit bill as it is considered fraud and counterfeiting currency is a federal crime. If you suspect you have received a counterfeit bill, you should report it to the authorities immediately.
What is illegal tender?
Illegal tender refers to currency, such as counterfeit money, that has no legal value and is not recognized by a government as valid currency for transactions. Using illegal tender can lead to legal repercussions, as it is a form of fraud.
Is it illegal to posses an id card printer?
No, it is not illegal to possess an ID card printer. However, it is important to use the printer responsibly and not produce counterfeit or fraudulent identification cards. It is illegal to use the printer to create fake IDs for illegal activities.
Can you legally posses us copy coins from china not stamped copy?
It is illegal to possess counterfeit coins, regardless of whether they are stamped or not. Counterfeiting is a criminal offense that violates intellectual property rights and can have serious legal consequences. It is not worth the risk to possess counterfeit coins.
What is a sentence for counterfeit?
The man was arrested for attempting to use counterfeit money at the store.
Are counterfeit clothes illegal?
It depends what you mean by illegal. It's not illegal to make them - but it is illegal to knowingly market them as the original garments.
Why is it illegal to melt pennies and nickels?
It is illegal to melt nickels and pennies because their metal value is higher than their face value. So if people would keep all their nickels and pennies and melt them they would make a lot of money. Plus it would cause a penny and nickel shortage.
A sentence with counterfeit as a verb?
The scam artist was arrested for attempting to counterfeit money in his basement.
What is the least amount of times you would have to use a traditional balance to identify which of 9 nickels is a counterfeit?
Zero
Is it illegal for you to buy Chinese counterfeit goods for your own use?
I'm afraid yes, but not seriously illegal.
Why do people selling counterfeit games on eBay say they live in Hong Kong?
It is illegal to sell unauthorised copies of counterfeit games in the UK. It isn't illegal in Hong Kong so people say they live there so it isn't illegal.
A word for what two nickels make?
two nickels make one dime!
How many cents in nickels make a dollar?
20 nickels make a dollar.
Where to get money?
Counterfeit coins and bills are often sold on eBay. You can also buy copies. Note: It is illegal to sell or pass counterfeit coins or bills
How many nickels make 100 dollars?
2000 nickels
How many nickels to make ninety cents?
18 nickels.
What is the value of a 1901 Egyptian nickel?
Egypt has never used nickels as currency. It would be counterfeit and have no monetary worth apart from curiosity value.
