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TIL: In Canada, you cannot angrily pay a parking violation with a wheelbarrow of nickels.
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<p>[QUOTE="mlov43, post: 3317379, member: 16729"]<a href="https://canadiancoinnews.com/legal-tender-coins-cant-always-be-spent/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://canadiancoinnews.com/legal-tender-coins-cant-always-be-spent/" rel="nofollow">https://canadiancoinnews.com/legal-tender-coins-cant-always-be-spent/</a></p><p><br /></p><p>Does the USA have the same rules about "Legal Tender" coins? Or does "freedom of contract" apply, allowing businesses and banks to refuse certain coins?</p><p><br /></p><p>Read the part about the guy with a suitcase full of Montreal Olympics commemorative silver coins he wanted to cash in.</p><p><br /></p><p>I like this little rather-convenient-for-the-RCM compromise for the guy: "<i>It took a few months, but a compromise was reached whereby the RCM agreed to accept the coins if they were used to purchase RCM product.</i>"[/QUOTE]</p><p><br /></p>
[QUOTE="mlov43, post: 3317379, member: 16729"][url]https://canadiancoinnews.com/legal-tender-coins-cant-always-be-spent/[/url] Does the USA have the same rules about "Legal Tender" coins? Or does "freedom of contract" apply, allowing businesses and banks to refuse certain coins? Read the part about the guy with a suitcase full of Montreal Olympics commemorative silver coins he wanted to cash in. I like this little rather-convenient-for-the-RCM compromise for the guy: "[I]It took a few months, but a compromise was reached whereby the RCM agreed to accept the coins if they were used to purchase RCM product.[/I]"[/QUOTE]
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TIL: In Canada, you cannot angrily pay a parking violation with a wheelbarrow of nickels.
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