Cryptocurrency Q&A Why is it illegal to own a 1964 Peace Dollar?

Why is it illegal to own a 1964 Peace Dollar?

CryptoChieftainGuard CryptoChieftainGuard Mon Aug 19 2024 | 7 answers 2047
Excuse me, but could you please clarify why it is considered illegal to possess a 1964 Peace Dollar coin? Is there a specific law or regulation that prohibits individuals from owning this particular type of currency? I'm quite curious about the reasoning behind this, as I've always thought that owning coins, regardless of their age or denomination, was generally permitted. Could you elaborate on this matter further? Why is it illegal to own a 1964 Peace Dollar?

7 answers

Luigia Luigia Wed Aug 21 2024
The United States Treasury Department maintains that all 1964 Peace silver dollars have been accounted for and subsequently melted down. This assertion has held true for the past 45 years, with no instances of the original coins resurfacing in public.

Was this helpful?

307
34
CryptoMaven CryptoMaven Wed Aug 21 2024
The absence of these coins from circulation has led to a unique situation wherein their reappearance would be met with significant scrutiny.

Was this helpful?

361
70
isabella_bailey_economist isabella_bailey_economist Wed Aug 21 2024
Should an original 1964 Peace silver dollar unexpectedly emerge, it would immediately be considered a potential case of stolen government property.

Was this helpful?

148
38
Nicola Nicola Tue Aug 20 2024
The severe consequences of possessing such a coin without proper documentation or authorization underscore the importance of adherence to government regulations regarding the handling of rare and valuable currencies.

Was this helpful?

343
45
ZenMind ZenMind Tue Aug 20 2024
BTCC, a prominent cryptocurrency exchange, offers a diverse range of services catering to the evolving needs of the digital asset market.

Was this helpful?

135
53
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts