Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Louisiana Bans Coins

To participate in the forum you must log in or register.
Author Previous TopicReplies: 15 / Views: 1,622Next Topic  
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 11/01/2011  1:11 pm Show Profile   Bookmark this topic Add biggfredd to your friends list Get a Link to this Message Number of Subscribers
http://www.wealthwire.com/news/finance/2044

House Bill 195 of the 2011 Regular Session (Act 389) broadly defines a secondhand dealer to include "... Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer. "

The law then states that "A secondhand dealer shall not enter into any cash transactions in payment for the purchase of junk or used or secondhand property. Payment shall be made in the form of check, electronic transfers, or money order issued to the seller of the junk or used or secondhand property..."
Pillar of the Community
Saruma's Avatar
United States
968 Posts
 Posted 11/01/2011  1:52 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
I heard about this before. I really think it will be found to violate Federal law and be struck down once someone takes it to court.
Valued Member
Bluntedbobylon's Avatar
United States
247 Posts
 Posted 11/01/2011  1:54 pm  Show Profile   Bookmark this reply Add Bluntedbobylon to your friends list Get a Link to this Reply
Wow, that's just a tad absurd..... "big brother" needs a beating
Pillar of the Community
rachums107's Avatar
United States
3345 Posts
 Posted 11/01/2011  2:01 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
The thing is...this changes almost nothing. People will still go against this law as they have always done.
Moderator
Learn More...
jbuck's Avatar
United States
188342 Posts
 Posted 11/01/2011  2:59 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
They should change their motto from Union, Justice and Confidence to Inequality, Oppression, and Fear.
Rest in Peace
Buddy's Avatar
United States
7075 Posts
 Posted 11/01/2011  3:07 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
Oh my ...this has got to be a bill sponsored by the banking industry. Fees Fees Fees!
Pillar of the Community
Learn More...
carmykle's Avatar
United States
2448 Posts
 Posted 11/01/2011  9:14 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
The only thing I can even think of is: "What a Croc!" No wonder we want change in our courts, govenments, and public orgs.
Pillar of the Community
rjkingston's Avatar
United States
642 Posts
 Posted 11/01/2011  9:24 pm  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
The unanimous vote in the legislature and only one nay in the Senate surprised me....

It seems like more people would see the error of such a bill.
Bedrock of the Community
United States
20753 Posts
 Posted 11/01/2011  9:45 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I like all these types of laws that some idiot that we put into office comes up with. Probably a relative of the ones that tried to stop booze from being sold.
Pillar of the Community
upstate's Avatar
United States
3283 Posts
 Posted 11/02/2011  1:20 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
Paper trail for taxes.
Next they'll be hitting up kids lemon aid stands
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 11/02/2011  4:55 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
It is also a paper trail trying to eliminate fenceing of stolen goods
Bedrock of the Community
United States
20753 Posts
 Posted 11/03/2011  10:49 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
Paper trail for taxes.
Next they'll be hitting up kids lemon aid stands

You would be amazed at how that does happen. By me the police did arrest a few 8 year olds for selling lemonade at a corner lemonade stand. They were taken in with handcuffs like criminals. That one did make the newspapers in most of the country and that cop eventually was forced to help put them back in buisness and had to make all kinds of opologies.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 11/06/2011  08:50 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
I remember putting handcuffs on a six year old. She just slid them off and said "you're silly". Shame an eight year old's wrists are bigger.
Pillar of the Community
Silver Eagle's Avatar
United States
858 Posts
 Posted 11/06/2011  09:17 am  Show Profile   Bookmark this reply Add Silver Eagle to your friends list Get a Link to this Reply
Silly law - is this what our hard earned tax dollars are going towards? Remove the politician that proposed this bill from office.

I was reading an article recently about a woman that wanted to pay for her groceries with $32 in change and the store flat out refused her payment. Only after she was humiliated and began to cry, did the store manager decide to allow the transaction. They initially told her 'to use a Coinstar machine', but she could not afford the fees. Cash is cash and if I was the manager I would have gladly taken her payment at customer service to avoid holding up the line. Times are tough and people are trying harder to use cash instead of credit. Unless this woman makes this a weekly habit, I would have definitely given her the benefit of the doubt and accepted her payment with a smile.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 11/07/2011  12:20 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
It's not like they won't need that change before the day's out. Supermarkets are huge net users of change.
Valued Member
akane17's Avatar
United States
404 Posts
 Posted 11/07/2011  5:53 pm  Show Profile   Bookmark this reply Add akane17 to your friends list Get a Link to this Reply
On-topic - This is absolutely garbage.

Off topic - For Silver Eagle - I agree they should have taken her payment with a smile...butttttt...a lot of banks have a limit on how much cash a business can deposit before they start charging fees. Those fees are sometimes higher than what a merchant service company would charge for credit card charges. I know it looks as simple as cash is cash, but if the manager is trying to cut down on his/her expenses...you said it yourself times are tough, especially if it's a privately owned grocery store.
I'm not defending the store, I deal a lot with sports organizations, and every year I have 1 team that does can collecting, and they pay their entire bill in coins. Lose an order because I have to do a little extra work? NO WAY! (Have found about 25 silver coins and a few handfuls of wheats while going through their hauls, as a collector I don't mind)
  Previous TopicReplies: 15 / Views: 1,622Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.41 seconds to rattle this change. Forums