Hey, since this project was SUPPOSED to use the already collected money, anyone who does this, if you email me your receipt I'll PayPal the money back to you that you spent on a free stamper at Vista Print.
My dear friend Google is unsure whether or not writing on money is legal, but it seems it's not effective. Whenever a bank gets money that has been written on, the money is destroyed.
Answer: United States currency and coinage are governed by federal law through the U.S. Treasury Department. Generally, it is illegal to fraudulently deface, mutilate, impair, diminish, falsify, scales or lightens any coins minted or "coined" in the United States or any foreign coins which are by law made current or are in use or circulation as money within the U.S. (18 U.S.C. 331)
It is also a crime to fraudulently possess, pass, publish, sell or attempt to possess, pass, publish, sell or bring into the U.S. any such coin with knowledge that the coin has been altered, mutilated, defaced, etc. (18 U.S.C. 331)
Defacing currency with the intent to alter the bill to gain a benefit is illegal. If someone alters a written instrument (such as a check) without permission and with the intent to gain a benefit, then it is called forgery, which is a crime. If one tried to alter a cash bill (like changing a $5 bill to a $20 bill) for the purpose of presenting the altered bill to gain a benefit, then that could be considered a forgery. Forgery of United States Currency in this manner is called counterfeiting and carries with it very stiff penalties.
So I really don't think it's an issue unless you're changing it to try and make it look like something more than it is.
Regardless, if anyone's not comfortable with doing this I'd say definitely don't do it. As for me, if I wind up in prison for writing my web address on a dollar I'll just have to assume Karma was at work for something else I must have done
I really doubt any of us would end up in prison. I'm just more worried about a fine. Of course, if we did get a fine, we could send the story out to newspapers and get some publicity. In that case, I say let's do it.
I'm still worried about going through all this trouble just for the bank to destroy it.
Well, this is one we'll just let everyone decide for themselves if they want to do it or not. Since it doesn't have to cost anything, it's not really an official advertising campaign anyway.
In the meantime, let's keep brainstorming on cost effective ways to advertise.
Just in case anyone (me) DOES wind up in prison, Fuzzy has agreed to hide a file in a Tasty Kake and mail it to the prison.
$100 and six months of vacation....I don't see the downside. And the key phrase is ...with intent to render such item(s) unfit to be reissued...
At my school, people are writing on dollar bills. Is there any law against doing that? According to "Money Facts," at the Bureau of Engraving and Printing's website, the "defacement of currency is a violation of Title 18, Section 333 of the United States Code. Under this provision, currency defacement is generally defined as follows: Whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal Reserve Bank, or Federal Reserve System, with intent to render such item(s) unfit to be reissued, shall be fined not more than $100 or imprisoned not more than six months, or both. Defacement of currency in such a way that it is made unfit for circulation comes under the jurisdiction of the United States Secret Service. Their mailing address is: United States Secret Service 950 H Street, NW Washington, DC 20223. http://www.secretservice.gov.
How long does a bill last before it wears out? $ 1 ................. 21 months $ 5 ................. 15.9 months $ 10................ 18.3 months $ 20 ............... 24.3 months $ 50 ............... 55.4 months $100 .............. 88.8 months
What exactly does the "$" sign mean, and where did it originate? The origin of the "$"sign has been variously accounted for, but the most widely accepted explanation is that the symbol is the result of an evolution of the Mexican or Spanish "P's" for pesos, or piastres, or pieces of eight. The theory, derived from a study of old manuscripts, is that the "S" gradually came to be written over the "P", developing a close equivalent of the "$" mark. It was widely used before the adoption of the United States dollar in 1785.
"Defacing currency with the intent to alter the bill to gain a benefit is illegal."
could be interpreted a couple different ways. It could mean trying to turn a $1 in to a $10. But I would think it could also mean putting advertising on it in an attempt to get more sales which would be a benefit.
I would argue that our basic product is completely free your honor.
If a free listener should choose to become an owner that's their choice. In no way has our web address on the bill indicated that we are soliciting their ownership.
Furthermore can accepting someone as a part owner of our organization really be considered a sale or "for profit" considering we in no way are a profitable enterprise or attempting to become one?
Side bar your honor. Do you have Jack Daniels on the sidebar? can I have one on the rocks please.
My your honor looks nice today, is that a new robe? Have you been losing weight? You're looking fantastic sir!