Serapis
Well-Known Member
its not a felony to destroy money
It is illegal to destroy or deface US Currency. Google it, or visit Bankrate.com for more info. I believe Congress had to act because of the penney. It takes more cost to press than the penney is worth for face value. If melted, the penney as scrap copper becomes worth something like 1.7 cents. You could almost double your money by melting down US Pennies. I may be wrong on the reasoning, but I did Google the law and it is indeed illegal.