NYC - Early morning FOG finds - Totals

Seems like all the provenance you need to say it was Tom Cruise's pin

 

Log in or Sign up to hide this ad.

[/QUOTE]
It turned out to be a Scientology Patron pin.


Scientology Patron pin
Gold plated, 19 mm

[/QUOTE]

Nice score! - that '18KT' stamp, if genuine, makes the plating 75% gold ~ not a lot of gold there, but worth more than a cent

 

When I first saw the item I thought it was a 2-1/2 dollar gold coin which would have been a street find for the ages.

 

9 Cents this morning -

 

@paddyman98. Back a few months ago I went through my can of FOG coins. I had exactly one roll of very corroded zincolns. I soaked them in water, scrubbed them, in an effort to turn them in at the bank. The bank refused them. The teller said they would have to collect a large amount of such coins in order to send them out and it wasn't worth their effort.

Then I recalled something about cents not being legal tender. It was perhaps in a story where someone had used a wheelbarrow to haul in thousands of cents to pay a debt he owed but was protesting. I don't recall the outcome of his "protest."

So: are cents legal tender? Does ANY bank have the right to refuse them? How about a merchant?

I'm thinking of scattering them in a playground or park so children and metal detectors can find them, but they would have the same problem as I did trying to spend/redeem them.

What's your experience?

Steve

 

I would sure like to know also. I believe the US Minted cent IS legal tender and as long as it can be identified as a cent, it should be accepted. If not, why not?

 

I do remember the story. It's true. And it was many wheelbarrows. He sat there all day and night while they counted them.

 

This Friday morning..

I would rather find 4 coins totalling 37 cents than to find 12 pennies..

 

i always find change on the ground at drive-thru windows

 

So Paddy, how do you get rid of the rotted-out zincolns? (My post 145).
Steve

 

I pickled that parking lot nickel some more and here's what it looks like now:

 

@Kevin Mader, I could see someone using that buff as a filler now. Nice work.

Steve

 

Ok look. This the last time I'm going to ask you if you want QUAM W minted quarter. If so. PM me some kind of address. There's no way this crazy girl is going to sneak into your house and roll around naked on your bed full broken coins. You were the first on my list. (not really. @Kentucky was ) to share my guam w find. Like i said. I really want to share. But I'm thinking women scare you. Yeah right

 

Hey @Cheech9712, he might be scared of you, I'm not. If he continues to stand you up, PM me.

Steve

 

WRT the legal tender question, sometime many years back, the definition shifted to "legal to tender" as in to offer.

If there is a posted policy (no bills over $20, no cash, no cents), the private business doesn't have to take the money. You don't incur the debt until the other party agrees to your offer and accepts the form of payment.

From B-school law, when you put a can of beans on the belt at the supermarket, you are not accepting the stores offer to sell it at the price marked. You are actually offering to buy it at the price the store indicated they would likely accept.

 

Thanks Burton. I'd never heard the term "legal to tender" before. But I've seen signs posted similar to what you've mentioned, and that makes sense.

Steve

 

I just adore you, Cheech.

 

You have good taste.

 

Many years ago, before transponders for payment of highway tolls were invented, I was headed to school on a turnpike and realized that my money had been left at home. So I pulled over and searched the floor and seats looking for change. Unbelievably, I came up with enough, although mostly cents. Feeling good about myself I pulled up to the toll booth and reached out to hand the toll collector the money. He looked down and said, “sorry, we don’t take pennies.” Flabbergasted, I dropped the change on the ground and drove away. I fully expected to get pulled over by a LEO, but lucked out, made it to class on time and never heard a word from anyone.