On Fri, 22 Aug 2008 23:16:27 -0700, "Capt. JG"
wrote:

"Steve" wrote in message
.. .

On Fri, 22 Aug 2008 17:23:53 -0700, "Capt. JG"
wrote:

"Steve" wrote in message
...

On 22 Aug 2008 09:27:01 -0500, Dave wrote:

On Fri, 22 Aug 2008 06:36:25 GMT, Steve said:

As I said before, I saw that press release. It's almost 2 years old.
The US Mint can make all the "rules" it wants. But until the rule
gets into the US code, it's unenforcable in US court.

Sorry, but that's simply wrong. There are circumstances where
regulations
are invalid--typically where a court finds they exceed the authority
granted
the agency by statute, but that's not the usual case. Just ask the execs
of
any number of banks that have been penalized recently for violation
regulations under the Bank Secrecy Act.

Ah yes, you're right. So I started searching Title 31 (money and
finance: treasury) of the CFR as of 1 July 2007 (1 July 2008 isn't
available yet) and couldn't find anything relavent. Since the rule is
from 2006, it should be there. I'd love to find this rule somewhere
because that would make all those souvenir coin press machines
illegal.

Steve


No it wouldn't. It's only illegal if you're intending to defraud by
altering
the coin.

Exactly! That's what I've been saying all along.

Steve2

Two different issues.... they're covered by different rules, so it's not
what you've been saying all along.

Well then we're back to square 1. I'd like to see where it's illegal
to non-fraudulently deface, mutilate, etc., a penny in the CFR or the
USC.

Hell, if you're saying it's legal to squash a penny but illegal to
melt it, then all you have to do is squash them first. Tnen it's no
longer a penny so it's now legal to melt it.

Steve