ChatterBank0 min ago
Messed up coins
7 Answers
Say you wanted some nice shiny pennies, so you left them in a bottle of vinegar for a few months and forgot about them, and you came back to discover that the copper coating had partially dissolved exposing the steel core, and that, where this hadn't happened, most of the coins were covered in a fairly irremovable coating of verdigris, would you be guilty of tampering with the coinage?
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For more on marking an answer as the "Best Answer", please visit our FAQ.Under Section 10 of the Coinage Act 1971 - no person shall, except under the authority of a licence granted by the Treasury, melt down or break up any metal coin which is currently in circulation in the United Kingdom.
http://www.statutelaw.gov.uk/content.aspx?pare ntActiveTextDocId=1404903&ActiveTextDocId=1404 915&filesize=3839
http://www.hm-treasury.gov.uk/d/502D9B6F-BCDC- D4B3-1ACA50E01A806B7E.pdf
I suspect that dissolving a coin is tantamount to "breaking up" and unless you have been granted a licence for this process then you leave yourself open to the �400 (maximum) fine - if anyone can be bothered to prosecute you.
http://www.statutelaw.gov.uk/content.aspx?pare ntActiveTextDocId=1404903&ActiveTextDocId=1404 915&filesize=3839
http://www.hm-treasury.gov.uk/d/502D9B6F-BCDC- D4B3-1ACA50E01A806B7E.pdf
I suspect that dissolving a coin is tantamount to "breaking up" and unless you have been granted a licence for this process then you leave yourself open to the �400 (maximum) fine - if anyone can be bothered to prosecute you.
It is a smaller fine for defacing a banknote - �200 maximum (although this is for each banknote).
Is this because defacement requires less effort?
http://www.statutelaw.gov.uk/content.aspx?pare ntActiveTextDocId=1080361&ActiveTextDocId=1080 374&filesize=1802
Is this because defacement requires less effort?
http://www.statutelaw.gov.uk/content.aspx?pare ntActiveTextDocId=1080361&ActiveTextDocId=1080 374&filesize=1802
In this hypothetical scenario though, we can reasonably assume that the damage that would be inflicted to the coins would render them no less usable than coins subjected to novelty defacing in museums' coin-pressing machines. Would it not therefore be reasonable to assume that they would not in fact be 'broken down'?
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