Most pennies are worth 1 cent, but to coin collectors, some are worth more than their weight in gold. Here's everything you need to know. I can put 5 bucks worth of quarters in easily. Unlike paper money, there is a limit to how much you can pay with certain coins. A care home manager has been ordered by a judge to pay a total of £1,118.62 after he tried to settle an £804 debt to his accountant with five crates of mostly 1p and 2p coins… Coins do not contain such a statement. You can pay with all coins and no fee, as long as you pay within the time limit. But in the weird world of penny … Some grocery stores have self checkout for cash. For example, if someone wants to pay a merchant with five cent coins, they can only pay up to $5 worth of five cent coins and any more than that will not be considered legal tender. A bank is paying people to bring in their spare change to help local businesses amid the coin shortage By Alaa Elassar, CNN Updated 7:01 AM ET, Wed July 22, 2020 Just recently a lady from Hampshire in the UK had been paying for her weekly shopping in ASDA with £1 and £2 coins that she’d collected during her job operating an ice cream van. I stuff in the week’s change, and problem solved. While is is not illegal to pay off a debt in coins, the judgment creditor is also not legally required to accept coins either. Paying fines/court costs with pennies: Is there a legitimate, legal reason a local government can refuse? Long story short, I've been extorted into paying an embarrassing amount to my local government a victimless "crime". As people have stayed home due to the COVID-19 pandemic and focused on paying for purchases without touching anything, the circulation of coins has slowed. Legal tender has a very narrow and technical meaning and refers to the settlement of debt. 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