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I heard that servers did not have to accept coins if the total coin payment is over $20. Is this true?

2007-08-02 14:02:09 · 5 answers · asked by Anonymous in Business & Finance Personal Finance

5 answers

yes, there is a law stating that businesses can refuse large amounts of coinage as payment because it is a burden on them. It is something like no more than 50 pennies, 40 nickels, 50 dimes, 80 quarters. anything more than that and the business can refuse the coinage

2007-08-06 10:05:48 · answer #1 · answered by bbooptoon1959 3 · 0 0

Okay, I have to know - did somebody pay for a steak with a the equivilent of the contents of thier change jar at home? Or was it some European tourist trying to unload his change on you before heading back to the continent?

2007-08-02 14:34:29 · answer #2 · answered by Jason K 2 · 0 0

Restaurants tend to have more use for change than other businesses. Saves a trip to the bank to pick up change.

Now if you have traffic fines and try to pay them in loose change, it will be refused.

2007-08-02 14:54:53 · answer #3 · answered by bdancer222 7 · 0 0

People can pay any way they want to (unless it's posted "no credit cards" or "no checks") as long as it is legal tender.

2007-08-02 14:06:49 · answer #4 · answered by Ottergirl 3 · 0 0

My basic knowledge of commerce tells me that you shudn't accept them if they are more than 10 bucks.

2007-08-02 14:09:58 · answer #5 · answered by girl 2 · 0 1

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