Legal Tender, Indeed: Colorado Business Pays Bill with 3 Tons of Coins
Many could take a lesson from this Colorado "coin case." The lesson: make sure you're clear in what you're wanting. If you don't want a bunch of change showing up at your door, you'd better make that clear.
A disagreement between a Loveland business and a Windsor developer escalated to the point that one of the parties went out of their way to track down over $23,000 in coins. Just coins. The number of coins to make up that kind of total, has to be staggering.
It's definitely a payment; but a convenient payment? No. Inconvenient for both parties, really - there's no way that it was easy to get all that money in coins, alone. There was probably a conversation about it:
Jim, are you sure you want to do this - it's more effort that it's really worth..
Did I stutter? Do it.
WHO WAS OWED THIS $23,500 IN LOVELAND, COLORADO?
According to CBS Denver, Fired Up Fabrication, based out of southeast Loveland, was subcontracted out by a developer out of Windsor, JMF Enterprises.
Fired Up ended up having to sue JMF for what was left on the contract, that had not been paid. After mediation, both sides agreed that Fired Up Fabrication would get $23,500 from JMF.
Foreshadowing: That agreement did not state HOW the money would be paid.
NEXT THING YOU KNOW, A BIG TRUCK WITH A LOT OF COINS SHOWED UP
You can only imagine the dismay as the folks at Fired Up went out to see what had been delivered: A box so big and heavy that it would take a forklift to move.
Add in, the freight elevator at Fired Up's Denver office building can only hold 3,000 pounds, whereas this box of coins was over 6,500 pounds; over three tons.
ITEMS THAT ALSO WEIGH THREE TONS
- 333 cases of beer.
- Three Liberty Bells.
- A Ford F-250.
- A Blue Whale's tongue.
DOES FIRED UP HAVE TO TAKE THE COINS AS PAYMENT?
Though it is legal tender, a judge has ruled the JMF needs to pay the owed money in a "conventional" way, and now also has to pay additional legal fees attached to the three tons of coins.
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