£5 Coin

miserly_mum

Hi, this might sound like a daft question but is a big £5 coin legal tender. ie would a shop accept it?

My son found one covered in mud earlier while he was out playing. He wanted to know if he can spend it?

I know there were collectible £5 coins brought out but i've never saw anyone ever using one in a shop etc.

It says on the back 1926 VIVAT REGINA 2006

mah_jong

it will be this one down near the bottom of the page

http://www.royalmint.gov.uk/Corporate/BritishCoinage/CoinDesign/FivePoundCoin.aspx

Yes you can use it to buy stuff.....I took in one last year at my place of work. It then went into the banking.

miserly_mum

Many thanks mah_jong you have just made a small boy VERY happy

novagirl

If you have trouble spending it in a shop though then just take it into a bank and get it exchanged for more recogniseable money

miserly_mum

novagirl wrote: »

If you have trouble spending it in a shop though then just take it into a bank and get it exchanged for more recogniseable money

Yes i'll give him a fiver and put the coin into my account.

Just didn't want the guy who owns the Corner shop being iffy with my son if he tried to spend it.

*Louise*

It's definitely legal tender.

My son's had one in his bank for about 5 years lol. Very rare to get one.

JF77

God this reminds me of when I was hungry and had no change in the house so I hunted about and eventually came across a £5 coin I ordered when they were first introduced.

I headed down to Greggs and although she gave both the coin and me a strange look she accepted it.

I did feel a bit embarassed thinking she knows I am only using this cos I am skint but I soon got over that when munching into my purchase.:D

shellsuit

I got my kids one each in a little pouch to put in their Christmas stockings ~ thought it would be nice to them to keep ~ they only went and bloody spent them!

Wario

*Louise* wrote: »

It's definitely legal tender.

My son's had one in his bank for about 5 years lol. Very rare to get one.

Am I the only one thinking this? Surely when you deposit money into the bank they don't give you it back in the exact denominations? Unless you meant a safety deposit box type?

shandypants5

Wario wrote: »

Am I the only one thinking this? Surely when you deposit money into the bank they don't give you it back in the exact denominations? Unless you meant a safety deposit box type?

No No, I think you will find it works like this.

When you make a deposit ,they take your money and put it in a shoe box with your name and account number on it.

Thats why when you try to make a withdrawal they look down under the counter. It looks like a computer but they are actually looking how much you have in your shoebox.

pukkamum

shandypants5 wrote: »

No No, I think you will find it works like this.

When you make a deposit ,they take your money and put it in a shoe box with your name and account number on it.

Thats why when you try to make a withdrawal they look down under the counter. It looks like a computer but they are actually looking how much you have in your shoebox.

:rotfl: :rotfl: :rotfl: :rotfl: