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The following British decimal coins have been demonetised and are no longer legal tender.
Pre-1997 50 Pence coin
Pre-1991 10 Pence coins
Pre-1990 5 Pence coins
The decimal Halfpenny(?)
Banks are under no obligation to accept them, but may accept them from customers with an account on the basis of a one for one changeover.
If the coin is in mint condition, you might consider selling it to a coin dealer.
Wiki User
∙ 14y ago
Wiki User
∙ 10y agoNo, as the last of the pre-decimal coins were demonetized in the early 1990's (they have been of no monetary value since then). Places such as coin shops may buy them, but probably only for a few pence unless they are silver or rare.
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What can you do with withdrawn or demonetised British coins?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.
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All predecimal British coins have long since been withdrawn from circulation and demonetised.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 The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1991 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1997 50 Pence coins were withdrawn from circulation and demonetised in 1998.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.
What do you do with damaged British coins?
If you refer to demonetised British decimal coins, some banks may accept them from account holding customers at face value, but they are under no obligation to do so. Alternatively, you could hang on to them and give them to your grand children in years to come when they might be a novelty, or perhaps even worth something.
What did Elizabeth 1980 coins look like and are they worth anything?
All British Elizabeth II decimal coins look pretty much the same from 1968 to 1982. The larger 5, 10 and 50 Pence coins are no longer in circulation and have been demonetised. They have little or no value. The Half New Penny coins are no longer in circulation and have been demonetised. They have little or no value. Apart from those coins, most British decimal coins 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 whatever is inscribed on them. See the link below to the Royal Mint for images of British decimal coins.
Will the bank accept old British 10 Pence coins?
The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991 and are therefore, no longer Legal Tender. The Royal Mint advises that there is no obligation on banks to accept demonetised coins however, they may probably take any demonetised coins from an account holding member of the public, possibly charging a handling fee. Coins in Mint condition or Very Good to Excellent condition, may be better taken to a coin dealer.
Can you spend old British coins?
Most likely no. Most British predecimal coins are no longer legal tender. The predecimal Crown was never demonetised and is still legal tender. The decimal Halfpenny, the larger pre-1990 5 Pence, the larger pre-1991 10 Pence and the larger pre-1997 50 Pence have all been demonetised and are no longer legal tender. The Commemorative 25 Pence and Five Pound (Crown) coins are legal tender, but not intended to be circulated. All other British decimal coins should be all right to spend.
How do I change decimal coins no longer in circulation?
The Royal Mint will not accept demonetised coins after the notification period has expired following the withdrawal of the coins. Some banks may exchange decimal coins for a brief period after withdrawal on a one for one basis if you are an account holding customer, but they are under no obligation to do so. You are pretty much stuck with them. Keep them for your grand children.
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.
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.
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.
Can British predecimal coinage be banked?
If by "banked" you mean deposited in a savings account or exchanged for modern currency, no. All predecimal coins have long been demonetised and are no longer legal tender. Even demonetised decimal coins such as the Half New Penny, the old style 5 Pence, 10 Pence and 50 Pence coins, might only be accepted by a bank from an account holding customer and exchanged for coins of an equivalent value, but banks are under no obligation to do this. If you have predecimal coins that you want to get rid of, and they are in good condition, you may be better off taking them to a coin dealer.
When did the British Sixpence cease to be legal tender?
The British brass threepence ceased to be legal tender after 31 August 1971, following decimalisation. The general circulation British silver Threepence was no longer minted after 1945, but does not seem to have been demonetised. This is possibly because of the Maundy Set which includes a silver Threepence and is still produced every year.
