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"Thousands of shops will keep accepting old £1 coins after they cease to become legal tender"
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<p>[QUOTE="ValpoBeginner, post: 2874242, member: 77066"]There was the Double Eagle, the Eagle, the 3 Dollar gold coin, 20 cent piece the 2 and 3 cent coins here in the US. I'm not sure what happened after we no longer used them. I don't think that we demonitized some of them. But I think that in the 30's the Government no longer let you pay with gold coins, in fact they confiscated many of them and paid you fair value. I'm sure that if I were to take a Peace dollar down to the gas station to buy a pack of gum, they'd take it and give me my change.</p><p><br /></p><p>I once took a handful of Susan B. Anthonys, as I routinely get them as change on the toll road, down to the convenience store to get some milk and bread and the girl behind the counter looked at me and said "that is not enough". I think she thought that they were quarters. I happily educated her on the value as 1 dollar. She then took a closer look, called her older manager and I was then paid up and on my way. </p><p><br /></p><p>But in my lifetime I never heard of a coin no longer being accepted as legal tender. </p><p><br /></p><p>This move in Brittain is expected to cause chaos.[/QUOTE]</p><p><br /></p>
[QUOTE="ValpoBeginner, post: 2874242, member: 77066"]There was the Double Eagle, the Eagle, the 3 Dollar gold coin, 20 cent piece the 2 and 3 cent coins here in the US. I'm not sure what happened after we no longer used them. I don't think that we demonitized some of them. But I think that in the 30's the Government no longer let you pay with gold coins, in fact they confiscated many of them and paid you fair value. I'm sure that if I were to take a Peace dollar down to the gas station to buy a pack of gum, they'd take it and give me my change. I once took a handful of Susan B. Anthonys, as I routinely get them as change on the toll road, down to the convenience store to get some milk and bread and the girl behind the counter looked at me and said "that is not enough". I think she thought that they were quarters. I happily educated her on the value as 1 dollar. She then took a closer look, called her older manager and I was then paid up and on my way. But in my lifetime I never heard of a coin no longer being accepted as legal tender. This move in Brittain is expected to cause chaos.[/QUOTE]
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"Thousands of shops will keep accepting old £1 coins after they cease to become legal tender"
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