Have U.S. Circulating Coins Become a Cruel Joke?

7:31 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2023/11/06/have-us-circulating-coins-become-a-cruel-joke-002862
<p><img src='https://www.moneymetals.com/uploads/content/have-us-circulating-coins-become-a-cruel-joke-social.jpg'/></p>Circulated “legal tender” coins are neither sound money nor even, apparently, legally recognized money in all circumstances anymore. A Colorado judge, Joseph D. Findley, ruled last month that a business owner acted “maliciously and in bad faith” by paying $23,500 in mixed denominations of coins (i.e. pennies, nickels, dimes, and quarters) in one large 6500-pound box to settle a debt with another company.

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