While is is not illegal to pay off a debt in coins, the judgment creditor is also not legally required to accept coins either. How much can you pay in coins and are people obliged to accept them? While all U.S. paper currency contains a statement that "This note is legal tender for all debts public and private." I stuff in the week’s change, and problem solved. Legal tender has a very narrow and technical meaning and refers to the settlement of debt. Paying fines/court costs with pennies: Is there a legitimate, legal reason a local government can refuse? Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. I can put 5 bucks worth of quarters in easily. As people have stayed home due to the COVID-19 pandemic and focused on paying for purchases without touching anything, the circulation of coins has slowed. Some grocery stores have self checkout for cash. A bank is paying people to bring in their spare change to help local businesses amid the coin shortage By Alaa Elassar, CNN Updated 7:01 AM ET, Wed July 22, 2020 But in the weird world of penny … Clients use Youngs because he separates copper pennies from the chump change -- the newer pennies that are only worth $0.01. Here's everything you need to know. The term legal tender only comes up in normal conversation when people discuss Scottish money. Long story short, I've been extorted into paying an embarrassing amount to my local government a victimless "crime". Just recently a lady from Hampshire in the UK had been paying for her weekly shopping in ASDA with £1 and £2 coins that she’d collected during her job operating an ice cream van. A care home manager has been ordered by a judge to pay a total of £1,118.62 after he tried to settle an £804 debt to his accountant with five crates of mostly 1p and 2p coins… Some people take the argument a step further, arguing that if a business refuses to accept cash from a customer, the business loses its ability to charge the customer. You can pay with all coins and no fee, as long as you pay within the time limit. For example, if someone wants to pay a merchant with five cent coins, they can only pay up to $5 worth of five cent coins and any more than that will not be considered legal tender. Earlier this month, an angry Virginia man made headlines by Every Tuesday, I go to one and get a couple small items. Coins do not contain such a statement. Unlike paper money, there is a limit to how much you can pay with certain coins. Stuff in the week ’ s change, and problem solved in normal conversation when people Scottish... 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