News

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

News

Postby CU Baker » Tue Mar 15, 2011 9:03 am

Someone in california just tried to pay a credit card bill with $7500.00 Dollars in pennies, they would not take them but a bank cashed them in and he payed his bill. You could tell by the pic that they were clear plastic rolls and had not been seached. Go find the bank boys.
Marriage is grand, divorce is a hundred grand!
CU Baker
Penny Hoarding Member
 
Posts: 800
Joined: Tue Dec 29, 2009 3:00 pm

Re: News

Postby exbingoaddict » Tue Mar 15, 2011 9:52 am

Interesting. A regional bank President claimed that any over $25 dollars in pennies did not fall under the required to take any legal tender laws. I.e. the IRS is not required to take anything beyond $25 in pennies from you for payment. Take it with a salt shaker but I'm not arguing with the guy.
User avatar
exbingoaddict
Penny Collector Member
 
Posts: 411
Joined: Thu Nov 04, 2010 2:09 pm
Location: Parts Unknown


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 13 guests