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No. If you own the coin, it is your loss if it is destroyed. The idea that it is illegal to deface coins goes back (at least) to the Roman Empire. Money belonged to the Emporer and the people were only allowed to use it. It also had his picture on it and damaging his image would indicate your disrespect for his authority. There is, however, a temporary regulation from the US Treasury forbiding the export or melting of cents and nickels for their metal value because the current market price slightly exceeds the monetary value of these coins.
What else can I help you with?
Is it illegal to destroy coins?
Yes, it is illegal to destroy coins in the United States under the Coinage Act of 1965, which prohibits the mutilation, destruction, or defacement of coins.
Is it illegal to burn a dollar?
Yep, it is illegal to mutilate or destroy US Currency.
Can you smelt coins of the realm such as silver crowns or is this not allowed?
The melting down of "coins of the realm" to recover the metal, or by any other means or reason to destroy the coin, is illegal in most countries, and is definitely illegal in Britain.
Is it legal to extract silver from coins?
It is generally illegal to deface or destroy currency, including silver coins, as they are considered government property. It is important to adhere to regulations and laws regarding the handling and treatment of currency to avoid potential legal consequences.
How much duty free silver coins ca be brought from Mexico to us?
it is illegal in Mexico to take coins to other countries
Is it illegal to burn US money?
Yes, it is illegal to burn US money. According to the United States Code, it is a federal offense to deface, mutilate, or destroy currency.
Is it illegal to destroy pennies?
Yes, it is illegal to destroy pennies because it is against the law to deface or destroy U.S. currency.
Can you melt down copper cents?
No, it is illegal to destroy coins for their metal value in the United States. Mutilating coins for any reason other than as part of an artistic process is a violation of federal law.
Where is it illegal for a portrait of a living person to appear in the US?
On a US Postage stamp. On US postage stamps, and currency whether paper or coins.
Is it illegal to melt silver that is not coins?
No it's not illegal to do this.
Is it illegal to destroy money?
Yes, it is illegal to destroy money in the United States as it is considered a violation of federal law.
Is it illegal to melt US coins?
It is illegal to shred, tear, or mar or otherwise deface any US currency. This includes melting coins. An exception is made for penny smashers. In addition, no one would probably be too bent out of shape if you melt one penny or one nickel. But the destruction of US currency is a federal crime.
