Probably, one day.
At present, the Royal Mint and the Bank of England have no current plans for this in the immediate future.
The current Five Pound coins (Crowns) are legal tender, but are not intended for general circulation.
Although they are not widely circulated, a British Five Pound coin is legal tender anywhere in England and Wales and therefore should be acceptable by banks, businesses and trades people.
Outside of England and Wales, currency exchange offices should accept a Five Pound coin for exchange to the local currency, although some may have issues with exchanging coins.
The Post Office has a stated policy that they will always accept a British Five Pound coin as payment for any of their services.
any coin is legal tender and you can spend it as you would a £1.00 coin
some I used to own a paper shop and either kept the coins for myself or banked them with all other denominations.
Ian S...
Yes. The Royal Mint advises that the British Five Pound (Crown) coin is legal tender. They further advise that you may have trouble using it due to its unfamiliarity with the public.
The Post Office has a stated policy of accepting the Five Pound (Crown) coin for all goods and services it provides.
The Five Pound coin (Crown) can be bought from the Royal Mint and selected retailers in the year of issue.
After the initial issue, you can probably buy them from a coin dealer.
yes 5 pound coins are legal tender
1700 ÷ 5 = 340Note, there are 100 pennies in a pound.
About 5 dollars to the pound.
50
Currency Exchange agencies generally not deal with coins, although you may have some luck with Forex. Failing that, best try finding someone heading over to that country and ask him/her to buy the coins from you.
A £5 coin is the exact same value as a £5 note or 5 £1 coins etc
There are 140 of 5p coins in £7
50
20 / 5 = 4 328 / 4 = 82
It is just worth a pound about $1.25/$1.50 in exchange. They are found in common circulation in the UK. These are not rare coins, but due to the weak dollar and strong pound, they are indeed worth holding onto.
It is unlikely that there are any fake five pound coins in circulation simply because they are commemorative coins and therefore do not see much circulation, you'd get enough funny looks as it is trying to spend a 5 pound coin. However, there have been reports of people passing off 25p crown sized coins as 5 pound coins. If the coin doesn't say "Five Pounds" on it (and it isn't a gold 5 pound coin!) it has a face value of only 25p.
There are 100 pence in a pound So 5 twenty-pence coins make a pound. If there are 12 pounds in the bag, and it only contains twenty-pence coins, then there must be 12 times 5 twenty-pence coins. 12 x 5 = 60 60 twenty-pence coins = £12.00