Cryptocurrency Q&A
Is it illegal to burn a coin?
Is it illegal to burn a coin?
MoonlitCharm
Mon Mar 10 2025
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7
answers
1157
I was curious about the legality of burning coins. I know that coins are considered legal currency, but I wondered if there are any laws or regulations that specifically address the act of burning them.
7 answers
CryptoTamer
Wed Mar 12 2025
People are usually granted permission to melt certain types of coins.
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SakuraBlooming
Wed Mar 12 2025
Coins like silver dimes, quarters, and half-dollars can be melted by individuals under specific conditions.
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CryptoNinja
Tue Mar 11 2025
Profit is a critical factor in determining the legality of melting these coins.
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EchoSoulQuantum
Tue Mar 11 2025
Selling the metal obtained from melted coins is prohibited.
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Sara
Tue Mar 11 2025
If the motive behind melting coins is not financial gain, it is often considered acceptable.
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