Is Drilling Holes in Coins Illegal in the UK? Understanding the Law

Learn why drilling holes in UK coins is illegal and the implications under the Coinage Act 1971.

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Yes, it is illegal to deface coins in the UK, including drilling holes in them. Under the UK's Coinage Act 1971, it is an offense to destroy or deface coins that are legal tender. It's important to respect this law to avoid any legal repercussions.

FAQs & Answers

  1. What are the penalties for defacing coins in the UK? Defacing coins in the UK can lead to legal consequences, including fines or legal action under the Coinage Act 1971.
  2. Are there any legal ways to alter coins? While altering coins is generally illegal, some collectors may use coins for artistic purposes, but this should be done with caution and awareness of the law.
  3. Can I drill holes in old coins? Drilling holes in old coins is still considered defacing in the UK and is therefore illegal under the Coinage Act 1971.