A more common case than the 1k pennies I see is small item shops like convenience stores having a posted note for refusing to accept $50 and $100 bills. This se

A more common case than the 1k pennies I see is small item shops like convenience stores having a posted note for refusing to accept $50 and $100 bills. This seems totally fine per: https://www.treasury.gov/resource-center/faqs/Currency/Pages/legal-tender.aspx https://www.treasury.gov/resource-center/faqs/Currency/Pages... There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.