Can a bank refuse to accept coins in payment for a loan or to secure a loan? I owe the bank $3K, and I want to make a payment in half dollar coins.
The bank would not be obligated to accept currency or coin as collateral for a loan. It's unlikely that the bank would try to refuse a payment in half-dollar coins, but it would probably impose some requirements such as rolled or not rolled, time for the bank to verify the count and validity of the coins, etc.
By the way, the Kennedy half-dollar coin weighs 11.34 grams. $3,000 worth of those coins (6,000 coins) weights just a hair over 150 pounds, unwrapped. Are you sure you want to drag them into a bank to make a loan payment?
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The bank would not be obligated to accept currency or coin as 