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You speak in contradictions. For example, a 1946-1964 Roosevelt dime has a face value of $.10 but a "melt value" of $1.2022 (today) according to http://www.coinflation.com/

The U.S. government may not like it but there is little they can do about someone melting down coinage, especially outside the country. (But don't do it -- silver coins are worth more than their melt value).

Paper money is different, of course.



Since you bring it up, Dhirubhai Ambani, who was a major Indian businessmen did something like this in his early career. http://en.wikipedia.org/wiki/Dhirubhai_Ambani#Life_in_Aden


Speaking as a regular person and not a numismatic geek, I don't know anyone who will give me melt value for my coins, and I wouldn't think it was worth the trouble of sorting out the old ones anyway. Thus all pennies are worth one cent to me and it isn't possible to "debase" them.




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