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> Currency law UK
Steve Randles
post Sep 2 2005, 09:26 PM
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Is there a law as to how much can be paid in pennies, can such a payment be refused by law?


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Leon Roskilly
post Sep 2 2005, 09:30 PM
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Yes

see Legal Tender

TL - leon
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ljk
post Sep 2 2005, 09:35 PM
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QUOTE
Steve Randles:
Is there a law as to how much can be paid in pennies, can such a payment be refused by law?
Er... Why?

Len demon
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Guest_NickInTheNorth_*
post Sep 2 2005, 09:55 PM
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It should be noted that there are no notes that are legal tender in Scotland. The Scottish notes are not legal tender, and the only English notes that used to be were the £1 notes. So at present it is only coins that are legal tender in Scotland. In addition although not listed on the link from Leon the £5 coins which you occassionally see are also legal tender (at least in Scotland).
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Elton
post Sep 2 2005, 10:12 PM
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I knew there were limits, but I didn't realise it was 20p for coppers! I thought it would be a lot higher.


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Alan Fawcett
post Sep 2 2005, 11:08 PM
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got to admit there is something special about handing over £100 notes while dossing about in the highlands biggrin.gif


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ayjay
post Sep 3 2005, 12:35 AM
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QUOTE
Elton:
I knew there were limits, but I didn't realise it was 20p for coppers! I thought it would be a lot higher.
I'm fairly sure that with proper money (pre-decimalisation) it used to be £1 in coppers.

240 big old pennies, that'd make a hole in your pocket Len.. smile.gif


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ben88
post Sep 3 2005, 04:02 AM
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Are coins from the channel islands legal tender in England?


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hmmmm really
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Norrie
post Sep 3 2005, 04:07 AM
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QUOTE
Alan Fawcett:
got to admit there is something special about handing over £100 notes while dossing about in the highlands biggrin.gif
I did that about 3 months ago,still waiting to hear if its legit...even the bank cant tell the police....


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ljk
post Sep 3 2005, 05:40 AM
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QUOTE
ayjay:
QUOTE
ayjay:
I knew there were limits, but I didn't realise it was 20p for coppers! I thought it would be a lot higher.
I'm fairly sure that with proper money (pre-decimalisation) it used to be £1 in coppers.

240 big old pennies, that'd make a hole in your pocket Len.. smile.gif
My fist win on a one-armed bandit Sunnyvale Holiday Camp, Rhyl - £1 in old pence - thought I'd broken the machine and gave it to the attendant - mean b***tard took it too!

I remember my first fly fishing trip to Scotland - Lairg - being quoted the price of the accommodation in guineas

And the landlord of the pub in Bethesda who never went decimal being so suprised I was able to counter his £3-7-6p with, "Here's a fiver that'll be £1-12-6p change please.' He gave us the round for free.

Ah happy days biggrin.gif

Len
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