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Can you go to jail for writing on money?

It is not illegal to write on paper currency, however, it is illegal to deface money. There are three things you CANNOT do to money: Change the denomination, for example, add zeros to make the value larger. Burn, shred or destroy money.

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WHEN it comes to writing and stamping US currency, there is a fine line between what is legal and what is not. You'll want to understand the differences so you do not face any legal issues. 1 It is legal to write on the edges or stamp money Credit: Getty

Is it illegal to write on money?

It is not illegal to write on paper currency, however, it is illegal to deface money.

There are three things you CANNOT do to money:

It is legal to write on the edges or stamp money.

What does the law say?

In regards to defacement, there is a specific law.

It states: "[W]hoever mutilates, cuts, defaces, disfigures, or perforates, or 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, or Federal Reserve bank, or the Federal Reserve System, with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued, shall be fined under this title or imprisoned not more than six months, or both." Regarding using money to advertise a business, the law states: "[W]hoever . . . writes, prints, or otherwise impresses upon . . . any [coin or currency] of the United States, any business or professional card, notice, or advertisement, or any notice or advertisement whatever, shall be fined under this title."

What happens if you deface money?

If you are caught defacing US bills or coins, you can be at risk of jailtime and/or a fine. According to Legal Beagle, the maximum fine for bills is $100 and the maximum jail sentence is six months.

For coins, the jail time could be up to five years.

In order to be convicted, you would have to have had the intent to defraud someone.

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What is the most wanted penny?

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all.

The 1943 copper-alloy cent is one of the most enigmatic coins in American numismatics — and reportedly the most valuable Lincoln penny of all. Just 40 of the coins — probably created by accident, on copper-alloy one-cent blanks left in the presses in the wartime years when pennies were converted to steel — are known to exist. The first 1943 copper cent was sold in 1958 for more than $40,000. In 1996, another went for a whopping $82,500. But those sales pale in comparison with the latest: this week, a dealer in New Jersey sold his 1943 penny for a staggering $1.7 million. Their collection value makes 1943 copper pennies a prime target for counterfeiters: fakes are often made by coating steel cents with copper or altering the dates of 1945, 1948 and 1949 cents. How can you tell if your 1943 copper penny is real? Use a magnet. If the penny sticks, it's not copper. Better luck next time.

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