Is it legal to melt down coins?
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Is it legal to melt down coins?
Can I meltdown quarters and then sell the silver?
Asked on February 26, 2012 under Business Law, New York
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Under the laws of the United States, it is allowable for you to melt down old United States coinage for the silver and use the silver in any way you desire so long as you own the coins. For example, you see many items of jewelry with United States coinage affixed to it which is somewhat bent or cut up.
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