what to do with old 50p pieces?

My friend has a bag full of old 50p pieces, she has tried the banks including bank of england but nobody wants them:confused:

Comments

  • derrick
    derrick Posts: 7,424 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    From the Royal Mint, ( the bank of England will only accept notes)):-

    Q11. How can I dispose of demonetised coin?

    Several months advance notice is provided before a coin is demonetised (i.e. it is no longer legal tender). This happened, for example, when the new, smaller 5p and 10p were introduced in 1990 and 1992 respectively and the old, larger versions of these coins were withdrawn from circulation. However, once a coin has been demonetised, banks are under no obligation to accept them. Nevertheless, many banks will accept demonetised coins from members of the public providing they have a bank account with them. Policy may vary from bank to bank, and some may charge a handling fee.

    If the coins are in good condition, it also worth considering approaching a coin dealer who may be prepared to offer more than face value. It should be possible for you to locate a coin dealer by contacting the British Numismatic Trade Association. You can visit their website at www.numis.co.uk/bnta.html
    Don`t steal - the Government doesn`t like the competition


  • greyteam1959
    greyteam1959 Posts: 4,696 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Spend them ...............in Tescos one at a time !!!!!!!
    They can stand it
  • debster369
    debster369 Posts: 57 Forumite
    Some people are selling them on ebay...:p
  • JohalaReewi
    JohalaReewi Posts: 2,614 Forumite
    Donate them to charity.
  • freedom
    freedom Posts: 71 Forumite
    Oxfam will take them:j
  • tcava
    tcava Posts: 11 Forumite
    I had no problem exchanging some old 10 and 50p pieces recently at my local NatWest branch.
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