Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Coin
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Media of expression === {{See also|Hobo nickel|Elongated penny}} Coins can be used as creative media of expression β from fine art sculpture to the penny machines that can be found in most amusement parks. In the [[Code of Federal Regulations]] (CFR) in the United States there are some regulations specific to nickels and pennies that are informative on this topic. 31 CFR Β§ 82.1 forbids unauthorized persons from exporting, melting, or treating any 5 or 1 cent coins.<ref>[https://www.law.cornell.edu/cfr/text/31/82.1 31 CFR Β§82.1], Legal Information Institute, accessed 22 July 2019.</ref> This has been a particular problem with nickels and dimes (and with some comparable coins in other currencies) because of their relatively low face value and unstable commodity prices. For a while,{{when|date=July 2015}} the copper in US pennies was worth more than one cent, so people would hoard pennies and then melt them down for their metal value. It cost more than face value to manufacture pennies or nickels, so any widespread loss of the coins in circulation could be expensive for the [[US Treasury]]. This was more of a problem when coins were still made of precious metals like silver and gold, so strict laws against alteration make more sense historically.<ref>{{Cite web |title=18 U.S. Code Β§ 331 - Mutilation, diminution, and falsification of coins |url=https://www.law.cornell.edu/uscode/text/18/331 |access-date=2024-07-19 |website=LII / Legal Information Institute |language=en}}</ref> 31 CFR Β§ 82.2(b) goes on to state that: "The prohibition contained in Β§ 82.1 against the treatment of 5-cent coins and one-cent coins shall not apply to the treatment of these coins for educational, amusement, novelty, jewelry, and similar purposes as long as the volumes treated and the nature of the treatment makes it clear that such treatment is not intended as a means by which to profit solely from the value of the metal content of the coins."<ref>[https://www.law.cornell.edu/cfr/text/31/82.2 31 CFR 82.2(b)], Legal Information Institute, accessed 22 July 2019.</ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Coin
(section)
Add topic