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Royal Mint 20 pound coins
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Doshwaster wrote: »The definition of "legal tender" is that they cannot be refused in payment for a public debt. Shops and restaurants can accept or refuse anything they want.
OOOOOH, let's all pay our taxes with £20 coins.Free the dunston one next time too.0 -
AIUI, if you've eaten in a restaurant, you've accrued a debt and they must accept legal tender to settle that debt. Would love to know for sure though.
I think you may be right. However, the whole concept of "legal tender" is very complex and is different to a "legal currency".
Oddly enough, bank notes issues by the Scottish banks aren't actually legal tender in Scotland.
Some interesting notes:
http://en.wikipedia.org/wiki/Banknotes_of_the_pound_sterling#The_question_of_legal_tender
http://www.scotbanks.org.uk/legal_position.php0
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