Cryptocurrency Q&A Is melting coins illegal?

Is melting coins illegal?

HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Tue Nov 19 2024 | 7 answers 2118
I have some old coins that I'm considering melting down. However, I'm not sure if this is allowed by law. Is it illegal to melt coins? I want to make sure before I do anything. Is melting coins illegal?

7 answers

Margherita Margherita Wed Nov 20 2024
If an individual melts coins for personal reasons, it is usually considered acceptable.

Was this helpful?

308
64
Sara Sara Wed Nov 20 2024
For instance, melting coins to create art pieces or jewelry is a personal use.

Was this helpful?

399
27
Martino Martino Wed Nov 20 2024
People are generally granted the permission to melt certain types of coins.

Was this helpful?

252
76
Stardust Stardust Wed Nov 20 2024
Such activities do not violate the regulations as long as the metal is not intended for sale.

Was this helpful?

247
37
CryptoQueenBee CryptoQueenBee Wed Nov 20 2024
Coins like silver dimes, quarters, and half-dollars can be melted by individuals.

Was this helpful?

309
56
Load 5 more related questions

Related questions

  1. Is melting coins illegal?

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts