What would happen if you tried to exchange an ancient coin for a modern currency?
November 2nd, 2009
When Pigs Fly asked:
This is just an off-the-wall legal question. What if I had an ancient Roman coin from 2000 years ago (that was legal tender under an extinct government), and brought it to a bank that translates one currency to another? Would there be some technical legal obligation for them to convert it to it’s modern American equivalent? Of course I could make a lot more money if I sold it, but *what if* I decided that I wanted to trade it in for US money?
JUDSON
This is just an off-the-wall legal question. What if I had an ancient Roman coin from 2000 years ago (that was legal tender under an extinct government), and brought it to a bank that translates one currency to another? Would there be some technical legal obligation for them to convert it to it’s modern American equivalent? Of course I could make a lot more money if I sold it, but *what if* I decided that I wanted to trade it in for US money?
JUDSON
