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Is Gold or Silver legal tender?
Gold and silver are not typically considered legal tender in most modern economies. However, there are some countries where gold and silver coins are recognized as legal tender and can be used to make purchases. In the United States, the Coinage Act of 1965 states that gold and silver coins are legal tender for their face value, but their intrinsic value as precious metals far exceeds their nominal value.
What is the value of a 5 attack on pearl harbor silver coin from the republic of Liberia?
This is not a US Mint coin. It was made in Liberia, the composition is copper-nickel and is not a US legal tender coin. It has no numismatic collectible value. It's worth only what you can get for it.
When did they stop valuing silver certificate dollars?
All redemption in silver ceased on June 24, 1968. But the notes are still legal tender.
Can 1935 US 1 silver certificate still be used?
It's still legal tender at face value, but it can no longer be exchanged for silver.
Are superseded US dollar notes still legal tender?
Older U.S. currency is still legal tender at face value, but may be worth more to collectors. Note: silver certificates are no longer redeemable for silver (likewise with gold certificates).
Are two pound jersey coins Queen Elizabeth 1981 Royal Wedding coins legal tender?
Jersey currency is "legal tender" only in Jersey, but may be regarded as "acceptable tender" in Britain. If you refer to the 1981 British Crown (Royal Wedding), yes, they are legal tender anywhere British currency is accepted as legal tender.
Can British pound be used as currency in restaurants?
The British Pound is legal tender in Britain and its dependancies, therefore it MUST be accepted as a method of payment in Britain and its dependancies.
Do you have to accept Northern Ireland banknotes?
They are legal tender in Northern Ireland and in Britain. There is occasionally a bit of reluctance of people in Britain to take them as they are not used to seeing many of them.
Is it legal to trade goods for discontinued silver coins?
Silver U.S. coins dated 1964 or earlier are still legal tender at face value.
Is it possible to use Jersey coins in Great Britain?
No. The Bailiwick of Jersey is a British Crown Dependancy. Jersey currency is not Legal Tender in Great Britain, however, British businesses can accept the Jersey currency if they wish. British, Guernsey and Scottish currency is Legal Tender in Jersey.
What does silver ceritficate mean on a bill?
At the time silver certificates were printed, they could be exchanged at a bank for silver dollars. They haven't been redeemable for silver since 1968, though they're still legal tender at face value.
What was the last year British coins contained only silver?
Prior to 1920, British silver coins were made from 92.5 % silver. Due to the steep rise in the price of silver, British silver coins were then made from 50% silver until 1947 when all silver was required to repay war loans to the USA. From 1947 onwards, all British general circulation "silver" coins were made from a copper/nickel alloy giving a silvery appearance. Many non-circulating and proof coins are still made from silver, but this is reflected in the price you pay for them.
