Chinese Man Buys Car Using 1,320 Bundles of Coins Amounting to P4.9 Million

China man coins buy car

Credit: CCTV News

China and the Philippines are currently not in good terms when it comes to claiming territories. When it comes to coins, both the Chinese and Filipinos are known for keeping them. But while most Filipinos love to keep their coins in a piggy bank, a Chinese man kept his coins inside a bank so he can buy a brand new car.

According to Chinese news reports, a man in Shenyang with a surname Gan recently bought a luxury car worth 680,000 yuan (around P4.93 million). The said amount consists of 660,000 yuan in coins and 20,000 yuan in banknotes. The coins were wrapped in brown paper, and were tied tightly into 1,320 bundles.

The bundles of coins were transported from the local bank to the car dealership. Special arrangements were made for the literal money transfer, and a handling fee was paid by the buyer. It reportedly took more than an hour for the 10 store workers to unload the coins and pile them inside the car store’s showroom.

China man buys car bundled coins

Credit: CCTV News

Photos of the bundled coins went viral on Chinese sites and social media, and earned tons of interesting comments. One commentator said that if the bundles were seen by afar, they could be mistaken as ammunition. Nevertheless, the car dealership was happy to accept the bundle of coins as payment.

In an interview, Mr. Gan said he collected those coins from refuel costs from bus drivers who stopped by at the gas station where he works. It was not known as to how long it took for him to save such amount, and what kind of car he bought from his money. But one thing is for sure, the car dealership also became famous.

So far, there are two interesting things that could possibly happen to the truckload of money. First, the car dealership may deposit them to the bank, but it would cost the management to pay for the handling fee. Second, the car store can use the coins for buying things or for the salary of their workers.

For now, I’m wondering if a similar scenario can possibly happen here in the Philippines.

What do you think?