What to do with loose change

Save it in a jar then bag it up in bank bags. I use it to help when it comes to bill paying time.
 
I have one of those piggy bank things with a digital display that counts the money in there as you put coins in, so far it has been accurate. I then go to ASDA and machine it through. The "fee" isn't that high either.
 
cm1179 said:
how on earth can it not be legal tender?
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People were paying debts they didn't like with lots of small denomination coins, purely to be awkward about it as a form of protest. Most particularly taxes and fines. Pay £1000 poll tax or go to jail? OK, here's £1000 in mixed small denomination coins, you git! Have fun counting it! So they changed the law about legal tender. They also changed it regarding cheques, because prior to that the law specified only the wording required for a cheque to be valid. It said nothing about the physical form of the cheque itself. So people wrote cheques on things that would be as awkward as possible for the government to process. A live sheep. Their own body. If it's legal tender, then offering it in payment of a debt is a legally binding offer to pay a debt - that's exactly what "legal tender" means. If a person or organisation refuses a legally binding offer to pay a debt owed to them, that has legal weight. I don't know if it nullifies the debt, but at the very least it would make it difficult to get the money - they've genuinely offered to pay in a legally recognised way and you refused it.
 
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