Section 4: Purchase of coin beyond face value prohibited.

If any person shall-(a) buy or sell or offer or attempt to buy or sell;
(b) induce or attempt to induce any other person to buy or sell;
(c) offer or accept or offer to accept in payment of a debt or otherwise, any coin for an amount exceeding the face value of such coin, he shall be guilty of an offence and liable on conviction to imprisonment for a term of five years or a fine of N1,000 or to both such imprisonment and fine.