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Man Repays Insurance Money With 4 Tons Of Coins

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CoinsKelly's Avatar
United States
3453 Posts
 Posted 08/01/2013  1:26 pm Show Profile   Bookmark this topic Add CoinsKelly to your friends list Get a Link to this Message Number of Subscribers
Hello everyone! I was taking a break from other stuff and ran across this:

http://www.seattlepi.com/news/artic...-4700442.php

Hmmm, that sounds like a good idea . I think will pay in pennies to a certain physician group that I discovered has been over billing us...because it IS feasible for us.

Math - the next frontier in physician's billing.
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jbuck's Avatar
United States
187914 Posts
 Posted 08/01/2013  2:59 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I think will pay in pennies to a certain physician group that I discovered has been over billing us...because it IS feasible for us.
I have got your back.
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Wade's Avatar
Canada
2781 Posts
 Posted 08/01/2013  6:12 pm  Show Profile   Bookmark this reply Add Wade to your friends list Get a Link to this Reply
you guys are lucky, in Canada:

A payment in coins is a legal tender for no more than the following amounts for the following denominations of coins:

(a) forty dollars if the denomination is two dollars or greater but does not exceed ten dollars;
(b) twenty-five dollars if the denomination is one dollar;
(c) ten dollars if the denomination is ten cents or greater but less than one dollar;
(d) five dollars if the denomination is five cents; and
(e) twenty-five cents if the denomination is one cent.

anything over the top can be refused. HOWEVER, there is nothing to be said about giving change, in other words if someone pays for a cup of coffee with a $100 bill they can be handed $99 in coins as change
Pillar of the Community
United Kingdom
837 Posts
 Posted 08/01/2013  8:08 pm  Show Profile   Bookmark this reply Add DaytR to your friends list Get a Link to this Reply
Oh man , I wish I worked in that law firm .... Imagine hunting through all those quarters !
Edited by DaytR
08/01/2013 8:09 pm
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jbuck's Avatar
United States
187914 Posts
 Posted 08/02/2013  10:34 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Imagine hunting through all those quarters !
Now that is the right attitude!
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baysinger626's Avatar
United States
950 Posts
 Posted 08/07/2013  6:30 pm  Show Profile   Bookmark this reply Add baysinger626 to your friends list Get a Link to this Reply
My question is this...

How did he manage to get Brinks to deliver these and how can I do the same with pennies?
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larsdog's Avatar
United States
593 Posts
 Posted 08/07/2013  11:37 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply

Quote:
HOWEVER, there is nothing to be said about giving change, in other words if someone pays for a cup of coffee with a $100 bill they can be handed $99 in coins as change


I find that hard to believe. A "legal tender" would go both ways. You could ACCEPT 9900 pennies, but it seems that you would not be legally required to, and could in fact use this law to complain that you were NOT provided proper change. Laws like these only exist because people think that torturing the hourly worker at the bank or utility or government office somehow makes a point. It's childish and misguided, and because some misguided moron has done it, we will have to pay for our government to enact such a law here. Don't celebrate boorish behavior!
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 08/08/2013  08:10 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
The reality is that people physically cannot walk around with enough change for a "torture session". Businesses do not keep enough coin on hand to torture customers since it would be economically unfeasible to do so. While we speculate on the what ifs and have fun with our discussions, the torture of the hourly worker by being forced to accept large quantities of change is not occurring. That is not what this article is about.
Valued Member
United States
95 Posts
 Posted 08/08/2013  08:25 am  Show Profile   Bookmark this reply Add DavidFNYC to your friends list Get a Link to this Reply
I saw the story before and loved it.
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shootnstarz's Avatar
United States
477 Posts
 Posted 08/08/2013  09:49 am  Show Profile   Bookmark this reply Add shootnstarz to your friends list Get a Link to this Reply
I heard the story on the radio and they said they "dumped" them in the lobby. Sounds like they weren't even bagged or rolled.

Rick
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larsdog's Avatar
United States
593 Posts
 Posted 08/08/2013  4:51 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
That happened near here. It was 150 bags at 50 pounds each. Almost 4 tons of quarters dropped off at a law office. You don't think the lawyers were the ones that had to pick the bags up, do you? It's juvenile. I hope they sue him.

He originally received $600,000 of a $800,000 settlement related to a car crash that killed his son, but the other families sued and the court agreed that the $800,000 should be divided more evenly, so this guy had to give up some of the $600,000 he had previously received. He separately received $1.65 million from a life insurance policy on his son. I feel sorry for him. I have two sons and hope they long outlive me. But that still doesn't excuse such behavior.
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