0
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 else can I help you with?
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All predecimal British coins have long since been withdrawn from circulation and demonetised.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 The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1991 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1997 50 Pence coins were withdrawn from circulation and demonetised in 1998.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.
Which British coin was officially withdrawn in 1992?
There were no British coins withdrawn in 1992. The large pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991, along with the predecimal Shilling coins that they replaced at decimalisation. The large pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993, along with the predecimal Florin coins that they replaced at decimalisation.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 British coin was officially decommissioned in 1993?
The large pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993, along with the predecimal Florin coins that they replaced at decimalisation.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 value of a 2011 British Shilling?
Such a coin does not exist. The British Shilling was last minted for general circulation in 1966. The British Shilling was withdrawn and demonetised in 1990 along with the larger (23.5mm) 5 Pence coins it replaced.
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 The decimal New Half Penny and Half Penny coins were last issued for circulation in 1983 and were withdrawn from circulation and demonetised in December 1984.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.
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.
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.
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 a 1969 British 50 Pence coin be spent?
The larger pre-1998 50 Pence coins were withdrawn from circulation and demonetised in 1998. 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 have little or no value. A British 1969 cupro-nickel 50 New Pence coin (heptagonal)(Elizabeth II), uncirculated and in absolute mint condition could fetch up to £2 GBP. A reputable coin dealer will be able to give a more accurate valuation.
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.
Are New Zealand Shillings still used?
No. All New Zealand predecimal coins and notes were withdrawn from circulation shortly after the introduction of decimal currency in 1967 and subsequently demonetised. The 1967, 1968 and 1969 New Zealand 10 cent coins carried the words "ONE SHILLING" on the reverse along with the "10", but these were withdrawn and demonetised along with all other pre-2006 10 cent coins after the new design coins were issued.
Are British coins minted in 1994 worth anything?
With the exception of the 1994 50 Pence coin which has been withdrawn and demonetised, any British coins minted in 1994 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 indicated on them.
