Source: https://acefonline.org/its-the-law/
Timestamp: 2020-06-03 04:10:13
Document Index: 109493942

Matched Legal Cases: ['§ 331', '§ 332', '§ 485', '§ 486', '§ 487', '§ 488', '§ 489', '§ 490', '§ 491', '§ 492']

Following are some important excerpts from the U.S. Code, Title 18, “Crimes and Criminal Procedure,” applicable to coins and precious metals bars. They deal with counterfeiting of coins and dies as well as fraudulently altering and defacing U.S. and foreign coins.
U.S. Code Title 18, Part I, Chapter 17
§ 331 - Mutilation, diminution, and falsification of coins
§ 332 - Debasement of coins; alteration of official scales, or embezzlement of metals
U.S. Code Title 18, Part I, Chapter 25
§ 485 – Coins or bars
Shall be fined under this title or imprisoned not more than fifteen years, or both
§ 486 – Uttering coins of gold, silver or other metal
Whoever, except as authorized by law, makes or utters or passes, or attempts to utter or pass, any coins of gold or silver or other metal, or alloys of metals, intended for use as current money, whether in the resemblance of coins of the United States or of foreign countries, or of original design, shall be fined under this title or imprisoned not more than five years, or both.
§ 487 - Making or possessing counterfeit dies for coins
Whoever, without lawful authority, possesses any such die, hub, or mold, or any part thereof, or permits the same to be used for or in aid of the counterfeiting of any such coins of the United States —
§ 488 - Making or possessing counterfeit dies for foreign coins
§ 489 - Making or possessing likeness of coins
§ 490 - Minor coins
§ 491 - Tokens or paper used as money
(c) “Knowledge or reason to believe,” within the meaning of paragraph (b) of this section, may be shown by proof that any law-enforcement officer has, prior to the commission of the offense with which the defendant is charged, informed the defendant that tokens, slugs, disks, or other devices of the kind manufactured, sold, offered, or advertised for sale by him or exposed or kept with intent to furnish or sell, are being used unlawfully or fraudulently to operate certain specified automatic merchandise vending machines, postage-stamp machines, turnstiles, fare boxes, coin-box telephones, parking meters, or other receptacles, depositories, or contrivances, designed to receive or to be operated by lawful coins of the United States.
§ 492 - Forfeiture of counterfeit paraphernalia