CHINA TOPIX

11/21/2024 11:16:28 pm

Make CT Your Homepage

Man in Southern China Buys Truck Using Half a Tonne of Coins

Man Wants To Exchange Over 300,000 One-yuan Coins Into Banknotes In Zhengzhou

(Photo : ChinaFotoPress/ChinaFotoPress via Getty Images) Carrying half a tonne of coins might be a tad too heavy. A man from southern China has solved that problem by using it to buy a truck.

Staff at a motor dealership in Southern China were shocked after a man brought some money – including half a tonne of coins – amounting to a total of 80,000 yuan to buy a truck on Monday. Apparently, carrying that weight became too heavy, and he had to buy wheels to transport the money.

Like Us on Facebook

The money, according to South China Morning Post, was comprised of banknotes and some coins in small denominations which included 10, 20 and 50 fen, as well as one yuan denominations.

All of the money, which took 13 dealership staff members some 10 hours to count, are packed in 10 boxes.

The man reportedly earned more than a thousand coins per day, reports the Zhanjiang Daily News. He said that he earned that money by selling biscuits and sweets to stores in villages.

He explained that he receives too much change for what the banks would exchange for larger bank notes.

The man, known as Cai, said that he knows some might think that he's just showing off his wealth by “paying for everything in small change.” However, he said that it's all that he has, and he's hoping that whoever receives his payment will just accept it.

It was a good thing, however, that the truck dealer knew him.

“Mr Cai is a loyal customer and has already bought four cars from us, so we have to help him solve this problem,” the motor dealership manager Yang Huai said.

Yang said that when they receive the money, they will reach out to the bank to discuss ways \to deposit it. If not, he said that they will just look for ways to use it within the company.

Apparently, Mr Cai is in a better position compared to a man from Zhengzhou who is having problems handling 300,000 yuan worth of coins. All of his coins come in one yuan denominations, and weigh a total of 1,500 kilograms.

Real Time Analytics