The notes are normally incinerated. Coins are melted down and the metal reused.
There were no British coins withdrawn in 1992. The large pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991, along with the predecimal Shilling coins that they replaced at decimalisation. The large pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993, along with the predecimal Florin coins that they replaced at decimalisation.
All predecimal British coins have long since been withdrawn from circulation and demonetised.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 The larger pre-1990 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1991 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1997 50 Pence coins were withdrawn from circulation and demonetised in 1998.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.
Coins were introduced in 1853. Banknotes were introduced in 1877.
Australia first issued its own banknotes in 1913, three years after the issue of its first coins in 1910. Private banks operating in Australia issued their own banknotes as early as 1817. In 1910, the government assumed responsibilty for these privately issued banknotes and overprinted them. These notes were progressively withdrawn from circulation from 1913 onwards.
it has essentially no value because the coins were withdrawn from circulation when Italy adopted the euro in 2002
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 The decimal New Half Penny and Half Penny coins were last issued for circulation in 1983 and were withdrawn from circulation and demonetised in December 1984. The larger pre-1991 5 Pence coins were withdrawn from circulation and demonetised in 1991. The larger pre-1993 10 Pence coins were withdrawn from circulation and demonetised in 1993. The larger pre-1998 50 Pence coins were withdrawn from circulation and demonetised in 1998.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.
National currencies cease to exist in 1999 when the euro was first launched. However at this time existing notes and coins continued to circulate. The physical euro banknotes and coins where introduced on 1st January 2002 and previous national currency notes and coins where withdrawn from circulation. The national notes and coins ceased to be acceptable forms of payment by the end of February 2002.
This coin is called an Eagle. It was minted until 1933 when the USA went off the gold standard and gold coins were no longer legal tender in the US. All existing gold coins were to have been withdrawn from circulation.
Euro does not exist in 1936. Euro banknotes and coins entered into circulation on January 1, 2002.
This coin is called an Eagle. It was minted until 1933 when the USA went off the gold standard and gold coins were no longer legal tender in the US. All existing gold coins were to have been withdrawn from circulation.
These coins are melted and recycled.
it has essentially no value because the coins were withdrawn from circulation when Italy adopted the euro in 2002