Whats your Loose Change Limit?

I had lots of change left which was pennies etc spent in Morrisons self check out just shoving all the coins in. Then paying the rest by card.
 
Money jars? Are you all from the North?

;)

Us southern softies roll with 50 pound notes for our morning coffees obviously.

Seriously though, I rarely have more than £10 in change, as it will always be change from less than a £10 note. I hate carrying clumps of change sounding like a market stool trader walking around as well. I hate the trouser bulge too.
 
Cleeecooo said:
You're a PITA to everyone else :p
Click to expand...

True, paying with £1000 in loose change would be a PITA to everyone else but I'd assume that some arrangement would be made other than leaving an ever-growing queue at a till while the worker on the till either counts an unsorted £1000 in loose change or finally snaps and runs around screaming in frustration at their horrible job.

I don't mind people who pay by cash, I just loathe the ones who can't have their cash sorted before paying or need to put it all back, slowly, into their wallets instead of sticking it in their pockets for sortation outside the shop.
Click to expand...

At least shops don't take cheques any more. That was worse. People who'd wait until all their items had been rung through before starting to search through their bag for their other bag that contained their chequebook, then searching some more for a pen, then asking to be told again how much it cost and who to make it out to and what the date is.
 
MrJohnSherry said:
In pound coins, it can range from £5 - 10, however, if just coppers/silvers, I only ever really carry £5.

Random fact, 1ps and 2ps can only be used to pay for something 20p or under, 5ps and 10ps can only be used for £5 or under, 20s and 50s for £10 or under. Not that anywhere would enforce that.
Click to expand...

I thought that was to do with legal tender, which is to do with repaying debts, a shop can refuse any money to pay for goods if they wish to?
 
Around a fiver. As others have said the rest goes into a coin jar. Never carry more than a fiver in change unless given a ridiculous amount.
 
MrJohnSherry said:
In pound coins, it can range from £5 - 10, however, if just coppers/silvers, I only ever really carry £5.

Random fact, 1ps and 2ps can only be used to pay for something 20p or under, 5ps and 10ps can only be used for £5 or under, 20s and 50s for £10 or under. Not that anywhere would enforce that.
Click to expand...

Those are the legal tender limits, so they've nothing to do with buying anything. Nor are they maximum limits in the sense you state - they're the maximum that a creditor is required to accept as a legally binding offer to repay a debt, not the maximum that they are allowed to accept. It was brought in when people started paying disputed debts they were forced to pay in the most inconvenient way they could think of, e.g. 100Kg of pennies. My favourite is a related issue regarding cheques that was changed at the same time. Someone wrote a cheque on a live horse to pay a debt they disagreed with (tax of some sort, if I recall correctly). Totally legal at the time, since what made a cheque a cheque was the wording and not what it was written on.
 
Last edited:
Angilion said:
Those are the legal tender limits, so they've nothing to do with buying anything. Nor are they maximum limits in the sense you state - they're the maximum that a creditor is required to accept as a legally binding offer to repay a debt, not the maximum that they are allowed to accept.
Click to expand...

Oh, I see! A few people I work with ( I work in a shop) told me that one day when I had someone pay £47 in 2ps ¬_¬ Was hilarious though, I though the guy behind her was going to punch her lol but what can you do?
 
Never very much personally, as I prefer to use cards, then when I do have change, I can't usually be bothered to carry much because of the weight of coins.

I wish I'd known about legal tender though when I was younger....

My first job in a shop when I was 18, some kid came in to buy something for £32.99. He broke open his money box on the counter and it was full mostly of coppers. I spent ages counting it all while a queue had formed behind him. It wasn't right, so I counted again, then realised for sure that he didn't have enough money. He then said to watch it while he went to find his Mum for some more money elsewhere in the shopping mall. So there was me serving customers with a ton of change all over the counter. I had no idea I could have just refused him!
 
Nexus said:
[..]
I wish I'd known about legal tender though when I was younger....

My first job in a shop when I was 18, some kid came in to buy something for £32.99. He broke open his money box on the counter and it was full mostly of coppers. I spent ages counting it all while a queue had formed behind him. It wasn't right, so I counted again, then realised for sure that he didn't have enough money. He then said to watch it while he went to find his Mum for some more money elsewhere in the shopping mall. So there was me serving customers with a ton of change all over the counter. I had no idea I could have just refused him!
Click to expand...

You couldn't have refused him on the basis of legal tender because he wasn't paying a debt. Legal tender is about repaying debts, not about buying anything.

You could have refused him because it was annoying, though. Nobody is required to sell anything. Putting something on display with a price isn't a legally binding offer to sell (at that price or any other price). You can refuse to sell it if you want to, for any reason other than discrimination against groups with a protected legal status, e.g. women.
 
I try to keep no more then £10 in coins in my wallet. Any 1p or 2p go into a money jar at the end of the day, must have like £40 worth of coppers now!
 
None, anything less than a £10 note (this includes £5 notes) goes into an old office water container bottle thingies that I stole from work once. At the end of every day.

Good several hundred quid in mine now :) Which pays for 2 weeks accommodation in India!
 
Legal tender only applies to court fines. Shops are free to accept and not accept what they like.
 
You must log in or register to reply here.
Back
Top Bottom