Hello George Pope!
** On Friday 02.04.21 - 07:45, George Pope wrote to Daryl Stout:
GP> Interesting; I learned that unrolled coins, yp to the value
GP> of a half roll arre legal tender, but over that amount,
GP> not,..
Have you just heard that, or do you know where that is stated?
I haven't heard such a thing. As a retailer, I need to "buy"
rolls of coins every once in a while. It would seem preposterous
if the reverse, to USE rolls of coins to "buy" something in
return wasn't legal tender. Infact, sometimes when I'm at the
bank to get rolls, the teller that I would be in front of me
would shout out to another teller that they "need to BUY some
rolls.." of something. So, they are buying and selling full
rolls amongst themselves, and then duplicating the same thing
with me.
Furthermore, every deposit costs me about a $2 fee. If I could
not return that favour with a roll of nickles I would be
outraged.
GP> ..go to back of line & repeat with same set of loose, mixed
GP> coins! Until I get a "paid in full" receipt.
GP> But, nahh. . . I was going to keep going back to get my 25c
GP> of pennies changed to a quarter, at a time, at the bank,
GP> but one took pity on me, seeing I had a bag of about $10
GP> worth, & rolled them up for me in one transaction. (didn't
GP> legally have to accept more than 25)
I don't understand the anathema towards rolled coins to complete
a purchase/sale, but not a lessor amount of loose coins. Maybe
it has someting to with not trusting the general public that
there are actually the full amount of coins in those rolls? But
if a teller at the bank "sells" you a roll after you "pay" with
bills, then they are to be trusted just because they are bank
tellers and you are not?
--
../|ug
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