This is very important to know if you are collecting, dealing, swapping, trading, or selling U.S. military medals, ribbons, or decorations. It is illegal to do so. On Wikipedia there is conflicting information that is misleading. I checked. The Valor Act is in force. It is illegal to sell U.S. military medals, especially The Medal of Honor. I verified this on 17 OCTOBER 2012 with the Congressional Medal of Honor Society. If anyone would know the latest, I figured they would, and they did. …..And, as a footnote for you aching liberals: Academy Awards (Oscars) cannot be sold either! Oscar winners sign an agreement forbidding the sale of the little guy except back to to the Academy. Price? $1.00.
RE: Wikipedia: “The Stolen Valor Act of 2005 (the Act), signed into law by President George W. Bush on December 20, 2006, is a U.S. law that broadens the provisions of previous U.S. law addressing the unauthorized wear, manufacture, sale or claim (either written or verbal) of any military decorations and medals. It is a federal misdemeanor offense, which carries a punishment of imprisonment for not more than 1 year and/or a fine; the scope previously covered only the Medal of Honor.
Carol Cepregi, The Medal of Honor Society: 17 OCTOBER 2012: “The FBI suggests reading the full opinion of the Supreme Court (www.supremecourt.gov/opinions/11pdf/11-210d4e9.pdf). The Court only struck down that portion of Title 18 USC 704 (uscode.house.gov/download/pls/18C33.txt) that deals with verbal or written claims to a Medal of Honor. Medals can only be sold by authorized dealers such as Medals of America and they are not authorized to sell a Medal of Honor either. The act, as written, closed loopholes for selling/buying medals and increased the penalties for wearing them illegally.“
The Act was first introduced in the U.S. House of Representatives on July 19, 2005 by Representative John Salazar, a Democrat from Colorado, as H.R. 3352. It was introduced into the Senate by Senator Kent Conrad, a Democrat from North Dakota, on November 10, 2005 as S. 1998. The Senate version was passed unanimously on September 7, 2006. The Senate version then went to the same House Judiciary Committee that held the House version. The Act briefly stalled, but the House subsequently passed the Senate version, S. 1998, on December 6 2006.
The purpose of the Act is to strengthen the provisions of 18 U.S.C. § 704 by broadening its scope and strengthening penalties. Specific new provisions in the Act include: granting more authority to Federal law enforcement officers, extending scope beyond the Medal of Honor, broadening the law to cover false claims whereas previously an overt act had to be committed, covering mailing and shipping of medals, and protecting the reputation and meaning of military heroism medals. Under the act, it is illegal for unauthorized persons to wear, buy, sell, barter, trade or manufacture “any decoration or medal authorized by Congress for the armed forces of the United States, or any of the service medals or badges awarded to the members of such forces.” In the 18 months after the act was enacted, the Chicago Tribune estimates 20 prosecutions. The number is increasing as awareness about the law spreads.”