---
kind: "section"
citation: "18 U.S.C. § 337"
title: "18"
title_heading: "Crimes and Criminal Procedure"
number: "337"
heading: "Coins as security for loans"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/18/337"
units:
  - "Part I — Crimes"
  - "Chapter 17 — Coins and Currency"
---

# §337. Coins as security for loans


[Whoever](/usc/18/921.md?p=a-1) lends or borrows money or credit upon the security of such coins of the [United States](/usc/18/229F.md?p=9) as the Secretary of the Treasury may from time to time designate by proclamation published in the Federal Register, during any period designated in such a proclamation, shall be fined under this title or imprisoned not more than one year, or both.


## Source credit

(Added Pub. L. 89–81, title II, § 212(a), July 23, 1965, 79 Stat. 257; amended Pub. L. 103–322, title XXXIII, § 330016(1)(L), Sept. 13, 1994, 108 Stat. 2147.)

## Notes

### Editorial Notes

### Amendments

1994—Pub. L. 103–322 substituted “fined under this title” for “fined not more than $10,000”.

### Statutory Notes and Related Subsidiaries

### Effective Date

Pub. L. 89–81, title II, § 212(c), July 23, 1965, 79 Stat. 257, provided that: “The amendments made by this section [enacting this section] shall apply only with respect to loans made, renewed, or increased on or after the 31st day after the date of enactment of this Act [July 23, 1965].”