Is it legal to burn foreign currency and sell the metal to a yard.

Asked almost 2 years ago - New York, NY

I bet you anything that a rupee is worth more burnt than it is as currency.

Attorney answers (3)

  1. Joseph A Lo Piccolo

    Contributor Level 20


    Lawyers agree

    Answered . This website is for serious legal issues.

    Joseph A. Lo Piccolo, Esq.
    Immediate Past President, Criminal Courts Bar Association 11'-12'
    Hession Bekoff & Lo Piccolo
    1103 Stewart Ave, Suite 200
    Garden City, NY 11530
    516-408-3666 (o) / 516-408-3833 (f)

    I am a criminal defense attorney practicing in Nassau, Suffolk and New York City. The above information is not a... more
  2. Edwin Drantivy

    Contributor Level 18


    Lawyer agrees

    Answered . I concur with my colleague. You can Google "legality of melting coins in New York" if this is a serious concern of yours.

  3. Luca Cristiano Maria Melchionna

    Contributor Level 16


    Lawyer agrees

    Answered . It depends. It is a violation of 18 USC 331 to melt a US or foreign currency with the intent to defraud. If your intent is to amuse or to create jewelry it may considered admissible. In any case, I would recommend to consult with a business attorney. Best

    This reply is offered for educational purpose only. You should seek the advice of an attorney. The response given... more

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