Is cutting money for nails illegal?

With that, you could conclude that yes it is, in fact, illegal to "mutilate, cut, deface, disfigure, or perforate, or unite or cement together" any bank bill, draft, note or evidence of debt by a national or federal entity.

abc13.com - Is it illegal to deface US currency - ABC13 Houston

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Is it illegal to deface a US currency?

PASADENA, CA (KTRK) -- While this video may be ridiculously awesome, because Bill Murray is super cool, have you ever wondered if it is illegal to deface or alter a U.S. bank note?

Well, the answer is complicated. 18 U.S.C. 333 : US Code - Section 333: Mutilation of national bank obligations states: "Whoever 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." These laws exist in large part to prevent counterfeiters and swindlers from altering money for nefarious purposes. With that, you could conclude that yes it is, in fact, illegal to "mutilate, cut, deface, disfigure, or perforate, or unite or cement together" any bank bill, draft, note or evidence of debt by a national or federal entity. But, (yes, there is a but) the key phrase in this statute is "with the intent to render [ bank notes ] unfit to be reissued." So now they bring the word "intent" into it. That means if our talented artist friend that produced this amazing video of himself altering a 5 dollar bank note were prosecuted ,our U.S. Secret Service would be in charge of proving his "intent" for doing what he did, was to make the bill unfit for circulation. As you may or may not have deduced this was not the artist's intention. Think about it, if every person that defaced, burned, manipulated or cut a bank note or coin were prosecuted, they would have to be proven guilty of intent to doing something nefarious in nature with the altered currency. There'd be a lot of magicians in jail otherwise. So, is it illegal to deface American currency? The answer is YES and NO.

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What is the rarest penny?

A penny from 1909 was the star of the show. It is, in fact, considered one of the rarest and most highly valued pennies in existence, made to celebrate the centennial of Abraham Lincoln's birth and inscribed with the initials of its designer, Victor D. Brenner. It sold for $365,000.

news.artnet.com - 10 Rare Pennies Just Sold for $1.1 Million at a California Auction, With ...

According to Time Magazine, the cost to produce a single penny in the United States in 2009 was 1.4 cents. Since then, that cost has almost certainly increased—but to nowhere near the price achieved this week by the California-based Great Collections auction house, which sold ten rare 100-year-old rare pennies for a gargantuan $1.1 million. “The ten pennies were specially struck proof coins made for collectors by the United States Mint in Philadelphia in the early years of the Lincoln cents,” the auction house explained in a statement. “All are still in pristine, mint red condition and sold for a combined total of $1,113,174.” A penny from 1909 was the star of the show. It is, in fact, considered one of the rarest and most highly valued pennies in existence, made to celebrate the centennial of Abraham Lincoln’s birth and inscribed with the initials of its designer, Victor D. Brenner. It sold for $365,000. Four other pennies from 1909 and 1915 each sold for more than $100,000 each, the auction house said. Though its recently experienced a slowdown, the market for rare coins and currency, a.k.a. numismatics, has been on something of a tear in recent years. In June 2021, a1933 Double Eagle formerly owned by shoe designer Stuart Weitzman sold for $18.9 million at Sotheby’s, setting a world record for a coin.

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