Legal ?

Hey just wondering if it is still legal to stamp dllar bills like wheresgeorge.com does?
THanks
Mike

 

Hello,

I dont understand why not? Just truck a dollar

Best regards,
Jakomo

 

I'm sure if it wasn't legal that site would have been shut down. Now for a daft question, what's a stamp dollar bill? Is it like a copy of a real dollar bill?

 

A stamped dollar bill is when they stamp the dollar bill with their website telling you to track it on there website... like users sign up and tell where they have the dollar etc. and then the people that run the website stamp it.
Thanks
Mike

 

This is from the treasury website:

Is it illegal to damage or deface coins?

Section 331 of Title 18 of the United States code provides criminal penalties for anyone who “fraudulently alters, defaces, mutilates impairs, diminishes, falsifies, scales, or lightens any of the coins coined at the Mints of the United States.” This statute means that you may be violating the law if you change the appearance of the coin and fraudulently represent it to be other than the altered coin that it is. As a matter of policy, the U.S. Mint does not promote coloring, plating or altering U.S. coinage: however, there are no sanctions against such activity absent fraudulent intent.

http://www.treas.gov/education/faq/coins/portraits.shtml#q13

 

THanks for that one... gave you some rep

 

that is only for coins, so I guess you can do it for dollar bills, go ahead claim the whole dollar bill world

 

TITLE 18

Sec. 333. Mutilation of national bank obligations

Whoever mutilates, cuts, defaces, disfigures, or perforates, or
unites or cements together, or does any other thing to any bank bill,
draft, note, or other evidence of debt issued by any national banking
association, or Federal Reserve bank, or the Federal Reserve System,
with intent to render such bank bill, draft, note, or other evidence of
debt unfit to be reissued, shall be fined under this title or imprisoned
not more than six months, or both.

 

I guess it's just a matter of proving who stamped or wrote on the bill. If you encourage people to write anything on a bill, you could probably get charged.

 

Section 333 only says it is illegal if there intent to render the bill unfit for reissue. A small stamp is not such a mark.

So, it is legal to do anything to coins as long as you do not try to pass it off as anything other than a mutilated coin. You can only do things to paper money if the intent allows for the money to still be used.