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ESCHEWING BANKS, MAN STOCKPILED COINS TO BUY A TRUCKJoseph D. McCarthy writes:
The following item appeared in the September 16 to 29, 2008 edition of Canadian Coin News. It appeared in the "Almost Uncirculated" collection of news, views, etc., on page 7.
NO WONDER HE NEEDED A TRUCK - It may be breaking the legal tender rules, but the salesman didn't complain when an Ohio man bought a $16,000 truck, and paid half of that in cash, even though the money was in the form of coffee cans full of coins.
The owner, a retired engineer, said he stockpiled several rolls of coins, since he didn't trust banks, and could lose paper money in a fire. Apparently his wife didn't share his concerns about banks, she wrote a cheque to cover the balance of the cost."
1. Is it just Ohio?
2. Then again, looking at the Banks on the Stock Market, maybe he knew something.
Wayne Homren, Editor
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