by dp » May 30th, '08, 11:15
Hi guys,
The information below is for your serious consideration. If you have purchased one of these coins and Adam Keisner has record of it on his computer I suggest you contact him and resolve this immediately.
Information supplied by World Magic Shop following a phone call from the serious crimes division at the Treasury.
Just a small part of the legislation. Perhaps you would like to pass this on to anyone who is thinking of dealing in the jumbo £2.00
We have also been informed today by the serious crimes division of HM Treasury that if we stock this item we would be prosecuted.
They directed us to the legislation.
Apparently they are about to pounce on several dealers since the coins showed up on EBay.
Forgery and Counterfeiting Act 1981 (c. 45)
Main body
Part II Counterfeiting and Kindred Offences
18.
The offence of reproducing British currency notes.
— (1) It is an offence for any person, unless the relevant authority has previously consented in writing, to reproduce on any substance whatsoever, and whether or not on the correct scale, any British currency note or any part of a British currency note.
(2) In this section—
“British currency note” means any note which—
(a) has been lawfully issued in England and Wales, Scotland or Northern Ireland; and
(b) is or has been customarily used as money in the country where it was issued; and
(c) is payable on demand; and
“the relevant authority”, in relation to a British currency note of any particular description, means the authority empowered by law to issue notes of that description.
16.Offences involving the custody or control of counterfeit notes and coins.
— (1) It is an offence for a person to have in his custody or under his control any thing which is, and which he knows or believes to be, a counterfeit of a currency note or of a protected coin, intending either to pass or tender it as genuine or to deliver it to another with the intention that he or another shall pass or tender it as genuine.
(2) It is an offence for a person to have in his custody or under his control, without lawful authority or excuse, any thing which is, and which he knows or believes to be, a counterfeit of a currency note or of a protected coin.
(3) It is immaterial for the purposes of subsections (1) and (2) above that a coin or note is not in a fit state to be passed or tendered or that the making or counterfeiting of a coin or note has not been finished or perfected.
(3) Subject to subsection (4) below, it is an offence for a person to make, or to have in his custody or under his control, any implement which, to his knowledge, is capable of imparting to any thing a resemblance—
(a)
to the whole or part of either side of a protected coin; or
(b)
to the whole or part of the reverse of the image on either side of a protected coin.
Making, Selling or Distributing Imitation British Coins
Section 19 of the 1981 Act makes it an offence to:
(i) make an imitation British coin in connection with a scheme intended to
promote the sale of any product or the making of contracts for the
supply of any service; or
(ii) sell or distribute imitation British coins in connection with any such
scheme, or to have imitation British coins in his or her custody or under
his or her control with a view to such sale or distribution,
without Treasury consent in writing to the sale or distribution of such imitation
British coins in connection with that scheme.
A .British Coin. is defined, in section 19(2) of the Act, as any coin which is
legal tender in any part of the United Kingdom.
Best regards
David