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K.S.H 11-03-2009 19:04

I'll let you into a little secret :)
 
Check your 20p coins, some have been released with no date stamped on them, their bringing about £40/50 on Ebay, collectors want things like this :D

undated 20p coin, Coins items at low prices on eBay.co.uk

Retlaw 11-03-2009 20:35

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691517)
Check your 20p coins, some have been released with no date stamped on them, their bringing about £40/50 on Ebay, collectors want things like this :D

undated 20p coin, Coins items at low prices on eBay.co.uk

Just passed the info on to swtsmbo, and the baft bat said what date are they, I might have some.

Retlaw.

K.S.H 11-03-2009 20:37

Re: I'll let you into a little secret :)
 
LOL, there 2008 though even though its not stamped on them :D
Apparently the Royal Mint won't say how many they let into circulation

Retlaw 11-03-2009 20:49

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691544)
LOL, there 2008 though even though its not stamped on them :D
Apparently the Royal Mint won't say how many they let into circulation

I'll bet theirs a load fakers, now at it with their dremel tools, polishing the date of 20p pieces.
At 40 quid a time its not bad pay, fo a bit of polishing.
Retlaw.

K.S.H 11-03-2009 20:53

Re: I'll let you into a little secret :)
 
Get yer drift but don't think its that easy, take a look at this image and you will see there is no place for the date, so one with the date on and scrubbed off will have a big gap

cashman 11-03-2009 20:55

Re: I'll let you into a little secret :)
 
dates on the other side:confused:

cashman 11-03-2009 20:57

Re: I'll let you into a little secret :)
 
bet theirs loads of con artists selling em on e-bay by showing photo of the wrong side. n the suckers will buy em.:rolleyes:

K.S.H 11-03-2009 21:00

Re: I'll let you into a little secret :)
 
No date on the other side, it is a genuine mistake by the royal mint.
Funny you should say that, there are a few photos on Ebay that show the wrong side :)

K.S.H 11-03-2009 21:08

Re: I'll let you into a little secret :)
 
Well I never........
Never knew this.
1p coins are only legal tender for amounts up to 20p
2p coins are only legal tender for amounts up to 20p
5p coins are only legal tender for amounts up to £5
10p coins are only legal tender for amounts up to £5
20p coins are only legal tender for amounts up to £10
50p coins are only legal tender for amounts up to £10
You learn something new everyday :D

cashman 11-03-2009 21:20

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691554)
No date on the other side, it is a genuine mistake by the royal mint.
Funny you should say that, there are a few photos on Ebay that show the wrong side :)

i know being a devious get- sussed it right away.:D

K.S.H 11-03-2009 21:40

Re: I'll let you into a little secret :)
 
1, 2 and 5 pound coins can be used for any amount. but what's a 25p crown ?

Legal Tender Guidelines
Posted via Mobile Device

K.S.H 11-03-2009 21:45

Re: I'll let you into a little secret :)
 
its ok i found it :) 1971-1981 commemorative coin
Posted via Mobile Device

MargaretR 11-03-2009 21:46

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691565)
1, 2 and 5 pound coins can be used for any amount. but what's a 25p crown ?

Legal Tender Guidelines
Posted via Mobile Device

I had a few once - they were Winston Churchill memorial crowns issued in 1965 the year of his death.
That was before decimalisation and so 25p is face value now I think

cashman 11-03-2009 21:47

Re: I'll let you into a little secret :)
 
never even heard of one of them, but will flog a dozen on e-bay.:D

K.S.H 11-03-2009 21:49

Re: I'll let you into a little secret :)
 
no these were made 1971-1981
Posted via Mobile Device

K.S.H 11-03-2009 21:51

Re: I'll let you into a little secret :)
 
Posted via Mobile DeviceBritish twenty-five pence coin - Wikipedia, the free encyclopedia

Retlaw 11-03-2009 22:00

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691549)
Get yer drift but don't think its that easy, take a look at this image and you will see there is no place for the date, so one with the date on and scrubbed off will have a big gap

The date is on the other side at each side of the crown.

Retlaw

Retlaw 11-03-2009 22:05

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691555)
Well I never........
Never knew this.
1p coins are only legal tender for amounts up to 20p
2p coins are only legal tender for amounts up to 20p
5p coins are only legal tender for amounts up to £5
10p coins are only legal tender for amounts up to £5
20p coins are only legal tender for amounts up to £10
50p coins are only legal tender for amounts up to £10
You learn something new everyday :D

So if you own a business and require lots of small change, that means if you go in the bank and ask for a quids worth of 1p coins, the bank is breaking the law.
I've been in TSB many a time when market traders have come in for change.

Retlaw.

shillelagh 11-03-2009 22:08

Re: I'll let you into a little secret :)
 
Wasnt the coin for the queens silver jubilee worth 25p?

MargaretR 11-03-2009 22:19

Re: I'll let you into a little secret :)
 
1965 Coin of the Year
this is what I had

cashman 11-03-2009 22:58

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by Retlaw (Post 691576)
So if you own a business and require lots of small change, that means if you go in the bank and ask for a quids worth of 1p coins, the bank is breaking the law.
I've been in TSB many a time when market traders have come in for change.

Retlaw.

Daft as it sounds i think traders have TO PAY to put coins IN the bank? sure one will come on n say if this is correct.:confused:

steeljack 12-03-2009 00:27

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by cashman (Post 691591)
Daft as it sounds i think traders have TO PAY to put coins IN the bank? sure one will come on n say if this is correct.:confused:

Criminal (in my mind) Banks over here are now refusing to take large amounts of coins over the counter and installing coin machines for folks wanting to get rid of the 'whiskey tubes/bottles' of coins and raking in a percentage of the take, even if you have an account with them, used to be you only saw these machines in the supermarkets for use by street people :eek: :eek:

K.S.H 12-03-2009 04:29

Quote:

Originally Posted by Retlaw (Post 691574)
The date is on the other side at each side of the crown.

Retlaw

on the new coins, the ones with part of the shield on the date is on the queens head side.


Posted via Mobile Device

jaysay 12-03-2009 09:50

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by cashman (Post 691591)
Daft as it sounds i think traders have TO PAY to put coins IN the bank? sure one will come on n say if this is correct.:confused:

Don't know about putting coins in cashy but the banks used to charge for giving out change to people with business accounts

emamum 12-03-2009 09:53

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by Retlaw (Post 691576)
So if you own a business and require lots of small change, that means if you go in the bank and ask for a quids worth of 1p coins, the bank is breaking the law.
I've been in TSB many a time when market traders have come in for change.

Retlaw.

if you try and pay in coppers then the shop doesnt have to accept it.

jaysay 12-03-2009 10:33

Re: I'll let you into a little secret :)
 
Its surprising just how much these type of things are worth. Being a very keep philatalist (well used to be don't bother much these days) stamps misprinted and without things like perforations are like gold dust and very saute after

emzy 12-03-2009 12:28

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by emamum (Post 691630)
if you try and pay in coppers then the shop doesnt have to accept it.

The pound shop wont take coppers

emamum 12-03-2009 12:31

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by emzy (Post 691665)
The pound shop wont take coppers


awwww, thats really sad :D

Studio25 12-03-2009 13:09

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by emamum (Post 691630)
if you try and pay in coppers then the shop doesnt have to accept it.

A shop doesn't have to accept cash at all! Likewise there is no legal obligation to give change.

Whether the shop would stay in business if it implemented either of these is another matter, though.

"Legal tender"is simply payment that satisfies a debt, if offered. As most shops hand over the goods when payment is received, then there is no debt. If you try to buy something for £20 using 1p coins, the shop can either accept it or not. If it won't accept it, you're not then entitled to walk out with the item, nor is any offence committed.

You can satisfy a debt in any way that is mutually acceptable: cash, cheque, credit card, cattle, sexual favours etc - but if an offer is made to settle a debt using legal tender (the coins and amounts specified earlier) and that offer is refused, the debt is still legally satisfied.

K.S.H 12-03-2009 13:35

Quote:

Originally Posted by emzy (Post 691665)
The pound shop wont take coppers

in any amount? is that cause they don't need it for change


Posted via Mobile Device

emzy 12-03-2009 14:11

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by K.S.H (Post 691689)
in any amount? is that cause they don't need it for change


Posted via Mobile Device

Am guessing so. Ive never tried to be honest but someone i know did and was told that they wouldnt pay with them

pipinfort 12-03-2009 14:29

Re: I'll let you into a little secret :)
 
I`ve heard this before..............

K.S.H 12-03-2009 19:16

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by Studio25 (Post 691677)
A shop doesn't have to accept cash at all! Likewise there is no legal obligation to give change.

Whether the shop would stay in business if it implemented either of these is another matter, though.

"Legal tender"is simply payment that satisfies a debt, if offered. As most shops hand over the goods when payment is received, then there is no debt. If you try to buy something for £20 using 1p coins, the shop can either accept it or not. If it won't accept it, you're not then entitled to walk out with the item, nor is any offence committed.

You can satisfy a debt in any way that is mutually acceptable: cash, cheque, credit card, cattle, sexual favours etc - but if an offer is made to settle a debt using legal tender (the coins and amounts specified earlier) and that offer is refused, the debt is still legally satisfied.

Yeah I read most of this last night, what I'd like to know is If I offered to pay with a £50 and they refused would the debt be classed as settled :confused: lots of shops won't accept these - might go on a shopping spree this weekend armed with a few £50 notes :D

SamF 12-03-2009 20:10

Re: I'll let you into a little secret :)
 
Read a £5 note. Notice it says pay the bear on demand the sum of five pounds. You can legally go up to the cheif cashier and demand 5 pounds, keeping your note.

MargaretR 12-03-2009 20:17

Re: I'll let you into a little secret :)
 
A few days ago I got snail mail saying I could buy one of the new £5 coins

accyman 13-03-2009 01:15

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by Studio25 (Post 691677)
You can satisfy a debt in any way that is mutually acceptable: cash, cheque, credit card, cattle, sexual favours etc .

i dont care how much council tax i owe i aint sleeping with britcliff :eek:

jaysay 13-03-2009 11:12

Re: I'll let you into a little secret :)
 
Quote:

Originally Posted by MargaretR (Post 691822)
A few days ago I got snail mail saying I could buy one of the new £5 coins

Snap, so did I Margaret, but I won't be dashing to the post box with my order anytime soon:rolleyes:


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