"Defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, 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, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both. Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service." - source"Defaced Money" tagged Tumblr posts, 11 more impressive examples of creatively defaced currency, 101 Unusual, Impressive And Illegal Pieces Of Defaced Currency, and some cool guitar picks.
“Kipper und Wipper”: Rogue Traders, Rogue Princes, Rogue Bishops and the German Financial Meltdown of 1621-23
During the US Civil War, metal monies were hoarded for their value, resulting in a shortage of available coins. The Union government issued official "paper coins" that weren't backed by by gold or silver. This "faith paper" lost value quickly, and for a short while, stamps were official currency. That didn't take, either, so enterprising individuals took it upon themselves to mint their own coinage. These are now known as Civil War Tokens (CTWs), and were made and used between late 1862 and mid 1864. On April 22, 1864, Congress set the weight of coins and set punishment for counterfeiting coins of up to one thousand dollars and imprisonment up to five years. Yet there are over ten thousand varieties of tokens, representing 22 states, 400 towns and about 1500 individual merchants. Melvin and his son Dr. George Fuld wrote key books in the CWT field, creating the rarity scale and composition key used by most numismatists. Given sheer number of CWTs, starting a collection might be daunting. Enter collector Ken Bauer, whose method breaks down the vast world into smaller collections, from anvils to watches and so much more.
Bernard NotHaus has been convicted of possessing and selling coins that resemble United States coins, violating U.S.C. 18 § 486 and other US statutes. This follows three years after a raid on the Liberty Dollar offices. The trial took four days, the deliberation all of two hours. The US government is now pursuing a forfeiture case against Liberty Services for approximately $7 Million. (previously) [more inside]
wordbirds: word coinages illustrated by photos of birds. Glutenglutton Aplorable Mealbreaker Apoca-lips