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The British 2 New Pence coin (1971-1981) is potentially still in circulation and therefore legal tender in amounts up to 20 Pence.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoYes. Although the pre-1997 unimetallic Two Pound coin was issued as a commemorative, it is still legal tender and can be accepted anywhere British currency is normally accepted.
Wiki User
∙ 13y agoIt would depend on the country they are from and the denomination of the coins as to whether or not they are still legal tender.
Wiki User
∙ 12y agoThere was only one type of British 1986 Two Pound coin minted, for the XIII Commonwealth Games.
See the link below to the Royal Mint and go to the bottom of the page.
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Is a 1986 two pound coin legal tender?
The 1986 British Two Pound coin is a commemorative coin for the 13th Commonwealth Games held in Scotland. Although coin was issued as a commemorative rather than a general circulation coin, it is still legal tender in the United Kingdom.
Is a British Two Pound coin legal tender?
Yes, the Five Pound (Crown) coin is legal tender in the United Kingdom in values up to any amount. Despite being fully legal tender the Five Pound (Crown) coin will often be refused in shops simply because it is not commonly seen in circulation. The reason for this is that, though the coin is of a standard size and weight, it has no standard face designs, the coins are always of a commemorative nature and so are often kept away in private collections. There is no way to force an individual to accept any form of payment, including legal tender. Transactions in the UK are always a mutual agreement between two parties. The Post Office have stated that they are happy to receive the coin as payment for goods and services. A bank should also be able to exchange the coin for change or a banknote, or you can deposit it into an account.
What coins were issued in Australia in 1986?
Australia issued the following coins in 1986 - 1, 2, 5, 10, 20 and 50 cent coins were only issued in mint packs, not for general circulation. The 1 Dollar coins was the International Year of Peace commemorative and was the only general circulation coin issued in Australia in 1986. There were also a few Non-Circulating Legal Tender (NCLT) coins issued including $10 and $200 commemoratives.
Which British coins are legal tender?
British decimal general circulation coins that are still legal tender include - All years of issue from 1971 of the 1 New Penny and 1 Penny coins. All years of issue from 1971 of the 2 New Pence and 2 Pence coins. The smaller 18mm 5 Pence coins issued from 1990. The smaller 24.5mm 10 Pence coins issued from 1992. All years of issue from 1982 of the 20 Pence coins. The smaller 27.3mm 50 Pence coins issued from 1997. All years of issue from 1983 of the One Pound coins. All years of issue from 1997 of the Two Pound coins. The commemorative Two Pound coins (1986 to 1996) and Five Pound coins (Crown - from 1990 onwards) are considered to legal tender, but many tradespeople and businesses are reluctant to accept them. The Half New Penny and Half Penny coins were withdrawn and demonetised in 1984. The larger 23.6mm 5 New Pence and 5 Pence coins were withdrawn and demonetised in 1990. The larger 28.5mm 10 New Pence and 10 Pence coins were withdrawn and demonetised in 1993. The larger 30mm 50 New Pence and 50 Pence coins were withdrawn and demonetised in 1998.
How much are the one-coloured British Two Pound coins worth?
The British uni-metal Two Pound coins issued from 1986 to 1996 were intended to be a commemorative coin, not a circulating coin, although they are legal tender. If these coins are in their original packaging and still in mint condition, they could get up to £7 GBP. Circulated, they are worth Two Pounds.
Will your bank exchange a 1986 Two Pound coin?
Any bank will accept any Two Pound coin, they are legal tender.
Where can you sell Five Pound coins?
Although it is legal tender, the British Five Pound coin is not intended to be a circulating coin, but a collectible of a commemorative nature. Many businesses are reluctant to accept the Five Pound coin, but the Post Office has a stated policy of accepting Five pound coins for goods and services.
Are the solid two pound coins worth more then the coins with silver centre?
The unimetallic nickel/brass Two Pound coins were issued from 1986 to 1996 as a commemorative coin. They are legal tender and were never intended for circulation, but as a souvenir of the event that they commemorate. The bimetallic copper/zinc/nickel outer ring and copper/nickel centre were issued from 1997 to present as a circulating commemorative coin. Both types of Two Pound coins are worth Two Pounds if they have been circulated. As a collectable coin, there is no great difference in value between the coins of different years.
When was the Silver Eagle coin made?
Silver Eagle coins were first minted in 1986 and are still in production today.
When did the Australian 1 and 2 Dollar coins come into circulation?
In view of their minimal purchasing power, the Australian 1 and 2 cent coins had became virtually worthless and considering their value, they were relatively expensive to make. The last Australian 1 cent coins were put into general circulation in 1990 and the last 2 cent coins were put into general circulation in 1989. They were both progressively withdrawn from circulation in 1994 and all prices rounded off to the nearest 5 cents. The Australian 1 and 2 cent coins have not been de-monetised and are still considered to be legal tender and can be deposited in banks. According to the Australian Currency Act of 1965, 1 and 2 cent coins are legal tender if, when submitted for payment, they do not exceed a combined value of 20 cents. There may be problems in getting a business to accept them however. The one cent coin was minted for "Mint Packs" only in 1991. The two cent coin was minted for "Mint Packs" only in 1990 and 1991. The only decimal copper coins used in Australia were the one and two cent coins.
What are the release dates for Gung Ho - 1986 Love Me Tender 1-5?
Gung Ho - 1986 Love Me Tender 1-5 was released on: USA: 9 January 1987
Which British coins are still legal tender?
The British Penny has been issued in various form for well over a thousand years. There are books with hundreds of pages giving this sort of information, so this will be very brief and very general. Also, there are Pennies that are slightly different from other Pennies minted in the same year. The predecimal Pennies you are most likely to find would be dated 1797 to 1967. Rest assured that the rarest and most valuable Pennies will be tucked away in museums and the collections of very wealthy collectors. All years of issue of the British decimal New Penny and Penny are still potentially in circulation so, unless they are part of a Proof or uncirculated mint set or are individual Proof or uncirculated coins and in absolute mint condition, they are worth 1 Penny. Elizabeth II Pennies would need to be in mint uncirculated condition to get One Pound (maybe). The following are coins you might realistically see, and presumes that the coins are either mint uncirculated or in excellent condition. George VI Pennies 1951, 1950, 1940 George V Pennies 1934, 1932, 1930, 1926, 1922, 1919, 1912H Edward VII Pennies 1902 to 1910 Queen Victoria Pennies 1838 to 1901 William IV Pennies 1831, 1834, 1837 George IV Pennies 1825 to 1827 George III Pennies 1797, 1806 to 1807
