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What does demonetised mean?

Updated: 9/20/2023
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12y ago

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Demon possessed.

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12y ago
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Q: What does demonetised mean?
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Related questions

When was Indian currency last demonetised?

Indian currency was demonetised in 1966 and 1991


Are English pence obsolete?

All predecimal British coins have long since been withdrawn from circulation and demonetised. The decimal Half (New) Penny was demonetised in 1984. The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1991 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1997 50 Pence coins were withdrawn from circulation and demonetised in 1998. All other British "Pence" coins are still legal tender.


When was the blue Bank of England Five Pound note withdrawn?

The Series "B" Bank of England (blue) Five Pound note was demonetised in 1967. The Series "C" Bank of England (blue) Five Pound note was demonetised in 1973. The Series "D" Bank of England (blue) Five Pound note was demonetised in 1991.


What is the value of a 1962 British Farthing?

Such a coin does not exist. The last British Farthing was minted in 1956 and they were demonetised in 1960.


Who will swap old large fifty pence for new ones so you can spend in the shops?

The Royal Mint provides the following advice on exchanging demonetised coins - ....... once a coin has been demonetised, banks are under no obligation to accept them. Nevertheless, many banks will accept demonetised coins from members of the public providing they have a bank account with them. Policy may vary from bank to bank, and some may charge a handling fee.


What can you do with withdrawn or demonetised British coins?

Prior to demonetising a coin, the Royal Mint gives several months advance notice. If you have demonetised British decimal coins in uncirculated or excellent condition, you may consider taking them to a coin dealer. The Royal Mint advises - .... once a coin has been demonetised, banks are under no obligation to accept them. Nevertheless, many banks will accept demonetised coins from members of the public providing they have a bank account with them. Policy may vary from bank to bank, and some may charge a handling fee. Alternatively, you can keep them and hand them on to your grand children in years to come.


What is the value of a Pound note from the 1997?

The Bank of England One Pound note was demonetised in 1988.


What is the value of a 1971 British Farthing?

Such a coin does not exist. The Farthing was last issued in 1956 and withdrawn from circulation and demonetised in 1960.


What is the value of a 1990 British Halfcrown?

Such a coin does not exist. The British Halfcrown was last minted for circulation in 1967 and was withdrawn and demonetised in 1970.


When did half penny go out of circulation?

The British copper Half-Farthing coin was last minted for circulation in 1856 and were demonetised in 1869.


Which British coin was officially withdrawn in 1992?

There were no British coins withdrawn in 1992. The large pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991, along with the predecimal Shilling coins that they replaced at decimalisation. The large pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993, along with the predecimal Florin coins that they replaced at decimalisation.


What is the most valuable New Pence coin from 1971-2014?

Unless they are in mint condition, none of them have any significant value, and even then it would not be much. All years of issue of the 1 and 2 Pence coins are still potentially in circulation, so are worth 1 and 2 Pence respectively. The decimal New Half Penny and Half Penny coins were last issued for circulation in 1983 and were withdrawn from circulation and demonetised in December 1984. The larger pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1998 50 Pence coins were withdrawn from circulation and demonetised in 1998. These coins have little or no value. Coins dated after the dates above, are worth whatever is inscribed on them.