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1900 Dollar Coin

February 14th, 2006 by admin

1900 dollar coin
Is it illegal to melt gold coins?

I saw that a law was passed through the US mint that it is illegal to melt US coins, but specifically discussed pennies, nickels, and other coins in circulation. Does anyone know if it i also illegal to melt gold coins like twenty dollar coins from the 1890′s to 1900′s? If you could please include specific references for your answer.
I know that these coins are more valuable as coins, but I would like to know the laws for business reasons.

go ahead but it would be stupid to do so as they are worth more in coin form and if need be are recognizable legal tender

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