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<p>[QUOTE="PaddyB, post: 2469448, member: 40017"]Just a different aspect of the same problem.</p><p><br /></p><p>In the UK they have been issuing GBP 5 coins as commemoratives for some years (since 1991 I think). These are marked with the words "Five pounds" on them, and for many years have been spendable as such, with the banks obliged to accept them. This has been a good collecting point as you can usually pick them up for face or a little over, and you have always been safe in that you could cash them in if necessary. (Of course small traders may have turned their noses at them for lack of knowledge, but the banks and post office were a safe bet.)</p><p>Recently the rules as laid out on the Royal Mint website have changed. They are still described as "Legal Tender" however they state that banks and the post office are no longer obliged to accept them! If this does not contradict the term "Legal Tender" I don't know what does!</p><p>Some banks are still accepting them, but others are refusing along with most Post Offices.</p><p>Grrrrr![/QUOTE]</p><p><br /></p>
[QUOTE="PaddyB, post: 2469448, member: 40017"]Just a different aspect of the same problem. In the UK they have been issuing GBP 5 coins as commemoratives for some years (since 1991 I think). These are marked with the words "Five pounds" on them, and for many years have been spendable as such, with the banks obliged to accept them. This has been a good collecting point as you can usually pick them up for face or a little over, and you have always been safe in that you could cash them in if necessary. (Of course small traders may have turned their noses at them for lack of knowledge, but the banks and post office were a safe bet.) Recently the rules as laid out on the Royal Mint website have changed. They are still described as "Legal Tender" however they state that banks and the post office are no longer obliged to accept them! If this does not contradict the term "Legal Tender" I don't know what does! Some banks are still accepting them, but others are refusing along with most Post Offices. Grrrrr![/QUOTE]
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