0
What else can I help you with?
Is payment in coin - pennies - considered legal tender?
In the United Kingdom - 1 and 2 Pence coins are legal tender for amounts up to 20 Pence. 5 and 10 Pence coins are legal tender for amounts up to Five Pounds. 20 and 50 Pence coins are legal tender for amounts up to Ten Pounds. One, Two and Five Pound coins are legal tender for any amount. Australia and New Zealand have similar limitations to the UK on low denomination coins. In the USA - All circulating US coins and banknotes are legal tender for all debts and charges. (A retailer might reasonably refuse payment of large amounts in one cent coins due to the practicality of dealing with a wheelbarrow load of coins.)
Are pre 1984 British coins still legal tender?
Halfpenny - withdrawn and demonetised in 1984. Penny - the pre-1992 bronze Penny is still potentially in circulation. Two Pence - the pre-1992 bronze Two Pence is still potentially in circulation. Five Pence - the larger pre-1990 Five Pence was withdrawn and demonetised in 1991. Ten Pence - the larger pre-1992 Ten Pence was withdrawn and demonetised in 1993. Twenty Pence - all issues of the Twenty Pence coin are still potentially in circulation. Twenty-Five Pence - (Crown) was not intended to be a circulating coin, but is still legal tender. Try your luck. Fifty Pence - the larger pre-1997 Five Pence was withdrawn and demonetised in 1998. One Pound - all issues of the One Pound coin are still potentially in circulation. The gold Half-Sovereigns, Sovereigns, Two Pound and Five Pound coins are not considered general circulation coins, but are non-circulating legal tender. If you happen to have one of these, do not spend it, they are worth far more than the face value suggests.
Which british coins are still legal tender in 2014?
General circulation legal tender British coins in circulation in 1984 were - Halfpenny - withdrawn and demonetised in 1984 Penny Two Pence Five Pence Ten Pence Twenty Pence Twenty-Five Pence Fifty Pence One Pound The term "New" referring to Pence, was dropped from 1982 onwards. The gold Half-Sovereigns, Sovereigns, Two Pound and Five Pound coins are not considered general circulation coins, but are non-circulating legal tender.
What are the denominations of british money?
British Coins currently in circulation include the - 1 Penny 2 Pence 5 Pence 10 Pence 20 Pence 50 Pence 1 Pound 2 Pound 5 pound (although it is legal tender, it is not often seen in circulation) British banknotes currently in circulation include the - Five Pound Ten Pound Twenty Pound Fifty Pound
How much is ten shillings worth in America?
The UK shilling is no longer legal tender. However, it was half of a pound sterling or 50 pence. At the current rate (@16 Jul 2011) that is approximately 81 cents.
Does legal tender ensure the acceptability of money?
"Can Legal Tender be refused as payment to settle a debt?", the short answer is no, but there are a lot of "buts" and "what ifs" with Legal Tender and it varies from country to country. As far as Great Britain is concerned, any demonetised coin or banknote such as the One Pound note or the Half New Penny, etc. are no longer Legal Tender. 1 and 2 Penny coins are Legal Tender in amounts up to 20 Pence. 5 and 10 Pence coins are Legal Tender in amounts up to Five Pounds. 20 and 50 Pence coins are Legal Tender in amounts up to Ten Pounds. One, Two and Five Pound coins are Legal Tender up to any amount, as are banknotes. The currencies of Scotland and Northern Ireland are not Legal Tender in England and Wales (and vice-versa), but are accepted on the basis of them being a Promissory Note by mutual agreement between the banks concerned. A shopkeeper is entitled to refuse payment if the coins or banknotes are mangled, mutilated or torn or, he cannot make change for a small purchase from a large banknote. An unacceptable coin is one where the main design features cannot be seen clearly for any reason. An unacceptable banknote is one that may have been torn in half or been washed and the colours and design are no longer visible or the paper is pulped.
What are the current denominations of British money?
British coins currently in circulation include the - 1 Penny 2 Pence 5 Pence 10 Pence 20 Pence 50 Pence 1 Pound 2 Pound 5 pound (although it is legal tender, it is not often seen in circulation) British banknotes currently in circulation include the - Five Pound Ten Pound Twenty Pound Fifty Pound
What denominations does the pound come in?
The current pound coins are: The penny, the two pence coin, the five pence coin, the ten pence coin, the twenty pence coin, the fifty pence coin, the pound coin, and the two pound coin. There are also crown sized (American silver dollar sized) commemorative coins, early decimal crowns were valued at 25 pence, later ones are valued at five pounds at face value, though often the collector value exceeds the face value, and many shops do not take them. There are also many obsolete British coins, including all the pre-decimal coins, and the decimal half-penny, along with various bullion coins which are legal tender but have metallic values that far exceed the legal tender value.
How many ten pence pieces are there in two pounds and forty pence?
There would be 24 Ten Pence coins in £2.40.
How many pence in ten pounds?
There are 100 pence in one pound. Therefore, in ten pounds, there would be 1,000 pence.
When was Ten pence - British coin - created?
Ten pence - British coin - was created in 1968.
What is the value of a 1776 ten dollar legal tender bill of credit in good condition. It was printed in New York by Samuel Loudon.?
Ten Dollars
