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<p>[QUOTE="chrisild, post: 1850749, member: 39"]In the euro area we have a similar differentiation: There are circulation coins, and commemorative €2 coins, and these two types are legal tender in the entire currency union. Then we have collector coins - those are, <a href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF" rel="nofollow">by law (PDF link)</a>, not intended for circulation:</p><p><br /></p><p><i>Article 5: <b>Issuance of collector coins </b></i></p><p><i>1. Collector coins shall have the status of legal tender only in the issuing Member State. (...)</i></p><p><i>3. Collector coins may be put on the market at or above face value. (...)</i></p><p><i>5. Member States shall take all appropriate measures to discourage the use of collector coins as a means of payment.</i></p><p><br /></p><p>Besides, the "legal tender" concept applies to debt only anyway. Businesses are free to accept - or not accept - certain denominations, or cash in general, provided they notify their (potential) customers.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1850749, member: 39"]In the euro area we have a similar differentiation: There are circulation coins, and commemorative €2 coins, and these two types are legal tender in the entire currency union. Then we have collector coins - those are, [URL='http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0135:0137:EN:PDF']by law (PDF link)[/URL], not intended for circulation: [I]Article 5: [B]Issuance of collector coins [/B] 1. Collector coins shall have the status of legal tender only in the issuing Member State. (...) 3. Collector coins may be put on the market at or above face value. (...) 5. Member States shall take all appropriate measures to discourage the use of collector coins as a means of payment.[/I] Besides, the "legal tender" concept applies to debt only anyway. Businesses are free to accept - or not accept - certain denominations, or cash in general, provided they notify their (potential) customers. Christian[/QUOTE]
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