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View Full Version : Pay court fines with four tons of quarters.



ZenOps
08-02-2013, 08:37 PM
http://www.seattlepi.com/news/article/Man-repays-insurance-money-with-4-tons-of-coins-4700442.php

"Herrin repaid nearly a third of the money — $150,000 — with 50-pound bags of quarters he had trucked in by the Federal Reserve bank in St. Louis. The coins were delivered Wednesday to a Marion law firm."

He couldn't even get the full amount in quarters (would have been closer to 13 tons) or in pennies either (would have been 165 tons of pennies)

germanmuscle
08-03-2013, 12:39 AM
Lol thats brutal

ZenOps
08-20-2013, 10:52 AM
http://shanghaiist.com/2013/08/18/asshole_pays_10000_yuan_assault_charge_in_coins.php

http://www.businessinsider.com/chinese-man-pays-for-assault-charges-with-dimes-2013-8

And in China too, excellent camera grab of the 18 bank employees counting out the dimes, although technically they aren't dimes.

lilmira
08-20-2013, 10:59 AM
coin counting sweatshop is cheaper than a coin counting machine I guess lol.

dirtsniffer
08-20-2013, 11:01 AM
Could you do this in Calgary?

ZenOps
08-20-2013, 11:17 AM
Yup, labour is cheap in China - its probably more cost effective to just have the staff do it. BTW: I read further, it took 18 workers all day, and only half the amount was counted - haha.

Access to that much coin is surprisingly difficult in Canada, and even worse in Britain. They don't even roll their coinage in Britain, they give you loose bags of it.

You could probably contact Brinks, but they will most likely give you either A) new coins or B) machine rolled processed coins. Its also reasonable to assume a 4 ton maximum as well.

e31
08-20-2013, 12:18 PM
In Canada they can refuse payment if (taken from Currency Act)

* forty dollars if the denomination is two dollars or greater but does not exceed ten dollars;
* twenty-five dollars if the denomination is one dollar;
* ten dollars if the denomination is ten cents or greater but less than one dollar;
* five dollars if the denomination is five cents; and
* twenty-five cents if the denomination is one cent.

e36bmw///
08-20-2013, 01:32 PM
nm

HomespunLobster
08-20-2013, 01:41 PM
I had a liquor store I'd go to and buy beer/wine with nickels, dimes, and quarters. He'd give me deals on booze because that meant he never had to go to the bank to get change. So I started going to the bank down the street getting change just to get a deal

ZenOps
08-20-2013, 02:19 PM
Government must always accept all forms of legal tender in any amount for debt payment, US or Canada.

BUT

http://en.wikipedia.org/wiki/Legal_tender

They technically can also refuse any and all electronic, credit card, cheques, etc in the first place. None of that is "legal tender" to start with.

"Legal tender is variously defined in different jurisdictions. Formally, it is anything which when offered in payment extinguishes the debt. Thus, personal cheques, credit cards, debit cards, and similar non-cash methods of payment are not usually legal tender. The law does not relieve the debt obligation until payment is accepted. Coins and banknotes are usually defined as legal tender."

So technically, coinage and bills are more "legal tender" than any of the electronic or cheque versions of payment.

King Charles III might want your pennies someday, and will just refuse payment in Bitcoins.