I used to collect coins and it was part of the coin lore that I picked
somewhere, no one ever challenged it, I don't remember where I read it
but I seldom forget anything I read. (That doesn't necessarily mean
that every thing I read is correct however).
graywolf wrote:
Yes, but it is still fun to think about.
Always been that way. Used to be they had to accept dimes and above,
but now that they have no intrinsic value I think all US coins are
just a convenience and not legal tender. However $1 bills and above
are by law "legal tender for all debts public and private". Says so
right on them. If someone refuses them they are saying in effect that
they do not require you to pay them, and that discharges the debt.
BTW: actually from the above you will realize the law probably only
requires them to accept coins for the fraction of dollars involved.
Where did you get that $2.00 idea?
The urban legend about the wheelbarrow full of pennies is actually
case law, but unlike the UL the guy with the pennies lost. The court
ruled that pennies having no intrinsic value were not acceptable as
legal tender for payment of debts, that however if the defendant had
tried to pay with dimes or above he would have been home free. That is
why I now figure that no current coins are actually legal tender, I do
not think the new coins have ever actually been tested in court.
graywolf
http://www.graywolfphoto.com
http://webpages.charter.net/graywolf
"Idiot Proof" <==> "Expert Proof"
-----------------------------------
P. J. Alling wrote:
The problem with that solution is that I don't think they have to accept
more than 50ยข in loose pennies, and if they really want to be sticklers
the law only requires them to accept $2.00 in pennies even if they're in
rolls.
graywolf wrote:
Hum..? It is only $0.95 (I am going to have to figure out how to do
a cents sign someday) right now. And I go to the PO most every day
(use a PO Box for all my mail). And, the PO will take my Visa card.
Thanks for the idea. However, I have to admit that going to Charters
local office and dumping $65 worth of pennies on the counter sounds
like a lot of fun too.
graywolf
http://www.graywolfphoto.com
http://webpages.charter.net/graywolf
"Idiot Proof" <==> "Expert Proof"
-----------------------------------
P. J. Alling wrote:
It'll cost an extra buck or so but you can pay by Postal Money
order, it's a pain to go the PO every month to get a Money Order
but I'd like to see them try that with the Post Office.
graywolf wrote:
You guys who have charter cable look at your bill closely this
month. Hidden on the last page is a notice that can give them
virtually carte blanc access to your bank accounts if you agree to
it by making your payment by check. Here is a copy of that notice:
http://www.graywolfphoto.com/_temp%20images/charter-cable.jpg
Charter has often shown that they do not care about their
customers, and that they will skirt the law in anyway that they
think might benefit them. This is one step too far in my opinion.
The problem is that I have no other options in HS Internet access
here where I am. I am not sure what I am going to do about this,
but I do know that I am not going to give people who have again
and again shown that they are basically dishonest access to my
bank accounts.
--
When you're worried or in doubt,
Run in circles, (scream and shout).