So, you get stopped by a cop for speeding and he asks you for your license and registration and you hand him a couple of dog-eared photocopies made on your office's copy machine. Then he notices that the required inspections certificate is also a photocopy.
I seem to remember the issue of a 2nd copy of your license coming up years ago and the company said that wasn't a good idea because each copy would have a different issue date and only the later date was considered valid. If the fuzz came around asking for your ticket and later found the date they saw on it didn't match what was in the records, you weren't considered to be operating on a valid license.
What's the chance of that happening ? Pretty slim, I'd guess. No, I don't have any FAR reference...just a recollection of this subject having been looked at by the company and being given the above answer.
Losing it is another matter. As someone mentioned earlier, some companies have an agreement with the feds for faxing you a temporary from company records to get you back home.
I would guess that you can only have one valid certificate in your possesion at a time, with the most recently issued one being valid. About the only way you could have duplicate certificates with the same date of issue is through an FAA screw-up, definately not unheard of (FAA screwing up), but not likely. I have had problems with the FAA showing that they mailed off a permenant certficate to me to replace a temporary, and when I didn't receive it (after a call to OKC) they issued another, with a later date of issue on it. In the event one of the previous were to show up with the original date of issue, I certainly would not consider it valid. Interestingly on the FAA's website, they refer to an application for "Lost, Destroyed, or Paper Airman Certificate(s)..." which indicates to me that they don't mind and even encourage a person to change their old paper certificate to a plastic one. Should you do that, I would assume the paper certificate with the older date of issue would become invalid upon receipt of the new plastic one.
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