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re: Melting gold coins to make jewelry (not sure if right board or not)

Posted on 12/20/23 at 2:11 pm to
Posted by keakar
Member since Jan 2017
30152 posts
Posted on 12/20/23 at 2:11 pm to
quote:

The coin is common and not collectible or rare, coin shop told me it is worth 6-7 hundred dollars strictly bc of the weight of the gold



just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency
Posted by PenguinPubes
Frozen Tundra
Member since Jan 2018
10842 posts
Posted on 12/20/23 at 2:27 pm to
quote:

just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency


I’ve read that if you melt the gold to sell it then it’s illegal.. but if you melt it for jewelry then no?
Posted by saintsfan1977
West Monroe, from Cajun country
Member since Jun 2010
7826 posts
Posted on 12/25/23 at 7:50 am to
quote:

just be aware, you are breaking federal law by melting it, its illegal to melt coins down since they are legal currency


And just how the frick will anyone know it used to be a coin once it's melted? Gtfo with that BS.
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