241. Delivery to another of coin as genuine, which when first possessed the deliverer did not know to be counterfeit

Whoever delivers to any other person as genuine, or attempts to induce any other person to receive as genuine, any counterfeit coin which he knows to be counterfeit, but which he did not know to be counterfeit at the time when he took it into his possession, shall be punished with imprisonment for a term which may extend to five years, and shall also be liable to fine.

A, a coiner, delivers counterfeit coins to his accomplice B, for the purpose of uttering them. B sells the coins to C, another utterer, who buys them knowing them to be counterfeit. C pays away the coins for goods to D, who receives them, not knowing them to be counterfeit. D, after receiving the coins discovers that they are counterfeit, and pays them away as if they were good. Here D is punishable only under this section, but B and C are punishable under section 240.