Cryptocurrency Q&A
Are hobo coins illegal?
Are hobo coins illegal?
Stefano
Sun Oct 20 2024
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6 answers
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I'm curious about the legality of hobo coins. I've heard mixed information and want to know if they are considered illegal or not.
6 answers
Chiara
Tue Oct 22 2024
The legality of modifying these coins stems from their obsolete nature. Since they are no longer in circulation, altering them does not disrupt the monetary system or harm anyone's financial interests.
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BitcoinBaroness
Tue Oct 22 2024
Defacing currency in circulation is a violation of the law, as it disrupts the integrity of the monetary system. However, the Buffalo nickel, with its unique history and obsolete status, presents an exception to this rule.
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GwanghwamunGuardianAngel
Tue Oct 22 2024
The craft of Hobo nickels has evolved over time, with artists using various techniques to engrave intricate designs onto the coins. These include scratching, incising, and even adding color.
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EthereumElite
Tue Oct 22 2024
In addition to Buffalo nickels, larger old coins such as Eisenhower dollars and Morgan dollars have also become popular for creating hobo coins. These larger denominations provide more space for intricate designs and allow for even more creativity in the crafting process.
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ZenBalance
Tue Oct 22 2024
The Buffalo nickel, featuring the image of a bison on its reverse, was minted from 1913 to 1938. Over time, these coins have become collectors' items and are no longer used in daily transactions.
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