I don't know the law in the States but I've been told by previous bosses that there are limits on the amount of unrolled (and possibly even rolled) coin a person can pay with and then the business can refuse the payment.
Funny though.
Check out the last sentence or two at this Snopes article.
1. Anywhere in Canada
It is illegal to pay for a 26 cent item in all pennies. The limit is 25 cents (50 cents in some provinces). If you are paying for your item in nickels, then its illegal to pay for it in nickels if it’s over $5. It’s also illegal to pay for something over $10 dollars in all dimes.
I really need to get to the convenience store and tell my friend Mr. Don not to turn me in. I don’t think he likes me much anyways, because I only go to his store when I break the penny basket. Traitor.
I don't know the law in the States but I've been told by previous bosses that there are limits on the amount of unrolled (and possibly even rolled) coin a person can pay with and then the business can refuse the payment.
Funny though.
I think only in Canada we have a law restricting the amount of pennies used
What a knob. I am sure those seven police officers didn't have something better to do than to participate in this juvenile prank. It would be hard to find a better example of narcissism.
What a knob. I am sure those seven police officers didn't have something better to do than to participate in this juvenile prank. It would be hard to find a better example of narcissism.
It sounded like they thought it was hilarious and enjoyed it more than the guys did
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What a knob. I am sure those seven police officers didn't have something better to do than to participate in this juvenile prank. It would be hard to find a better example of narcissism.
like what? looking at those cops, it was pretty obvious they didn't do a lot besides sitting around and munching on donuts.
It would have been if it hadn't been done about a million times before. Paying for your own stupidity with an obnoxious amount of loose change only makes one look like an even bigger ###### than they were originally.
When Canada replaced the dollar bill with the coin, some guy paid his tax bill in loonies to protest. His bill was a couple grand. They wheeled a skid of loonies into the tax centre. Made the national news.
It happens so often that there are signs up at the courthouse stating that fines may not be paid with change.
This has been brought up countless times, while it is techincally federally illegal to not accept coins as tender, every state has laws restricting the amount that can be paid in coins. It has been brought before the Supreme court and they said that IRS, Government Agencies etc have to accept it if its rolled as well as banks because they are governed under the Federal Banking Statute. There is a stipulation, that if you are requesting cash, then the bank has the right to pay you with a post dated check of up to 5 buisness days in case yo have mis-counted. However private buisnesses do not have to accept it as legal tender if there is a state law in place.
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Last edited by mykalberta; 08-10-2009 at 09:09 AM.
Reason: Banks have to accept it cause of Fed Bank Statute
I've never thought it was funny to do this, in fact its one of the more ######ed things to pull.
If this punk came in with 8800 pennies to pay his fine and get his car back, I would have told him that it will be at least 2 days to a week to get these pennies counted, so he should come back in that time.
Then I would siphon his gas tank. pee all over the seats and stuff dead fish into his air conditioning vents while pouring sour milk into his back seat cushions.
Then I would go to his house and feed his pennies to his cat so that it would jingle whenever it walked through the house.
Then the best part, I would plant a large bomb on the bottom of his car and wire it to the ignition.
I have a temper problem.
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I think only in Canada we have a law restricting the amount of pennies used
Nope, it's the same in the UK too.
Quote:
In the United Kingdom, only coins valued 1 pound Sterling, 2 pounds Sterling, and 5 pounds Sterling are legal tender in unlimited amounts throughout the territory of the United Kingdom. In accordance with the Coinage Act 1971, gold sovereigns are also legal tender for any amount. The face values of sovereigns are 50p, £1, £2 and £5; their value in material worth is much higher. The United Kingdom legislation that introduced the 1 pound coin left no United Kingdom-wide legal tender banknote.
Currently, 20 pence pieces, 25 pence coins and 50 pence pieces are legal tender in amounts up to 10 pounds; 5 pence pieces and 10 pence pieces are legal tender in amounts up to 5 pounds; and 1 penny pieces and 2 pence pieces are legal tender in amounts up to 20 pence.
THere is however a difference between 'legal tender' and 'legal currency'. The classic example of this for us is that Scottish bank notes are not 'legal tender' in England, but are 'legal currency'.
Last edited by UKFlamesfan; 08-10-2009 at 10:21 AM.