Tuesday, 30 August 2011

Chinese Man Paying for Car with Coins Hits Unexpected Snag

Most people tend to think that since coins are legal tender, they should be allowed to pay for whatever they want with them, regardless of the price. For one man in China, he learned that this is only half true.

Coins 500x355 Chinese Man Paying for Car with Coins Hits Unexpected Snag picture

A man named Wang purchased a car at a dealership in Xianyang City, located in the Shaanxi province of Northwest China on August 1. Instead of depositing the coins he’s earned as a flour wholesaler over the past year, he rolled all of them up and used a van to bring them to the dealership.

The coins, which were comprised of one-yuan, 10-cent, and 50-cent denominations, weighed about 300 kilograms. Unfortunately, Wang hit a snag with the dealership when it was unable to find a bank to take in the entirety of the payment. One bank agreed to take just a quarter of the coins and begun the counting process.

Sadly, Wang is carless until he or another bank is willing to count all of the coins. Next time, go with a check.

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