£5 pound coins

spankymonkey_2

i have 3, princess di,queen mother and millenium one. i would rather keep mine for what they are worth.... i have noticed though that they are the same size as my coronation coin i got from school in 1977.

rusty51

Try this link for more information on the £5 coins

http://en.wikipedia.org/wiki/British_five_pound_coin

hth;) - Rusty

leytonlisa

I have actually sold a few on Ebay in the past, Only because I had a few of them & needed to just keep one of each in my collection.

lightisfading

penyffordd wrote: »

Word of warning, apparently some shops (not sure which - friend did not say) are not taking the old £20.00 notes, banks are happy to exchange these.

I work in a bank and if anyone tries this on you tell them off! The 'old' (ie the ones before the new monopoly-looking ones) £20 notes are still current legal tender, they haven't even announced an end date for them yet!

HSBC accept the £5 coins, but usually only from their own customers, paid into an account (due to forgeries etc).

boo_star

lightisfading wrote: »

I work in a bank and if anyone tries this on you tell them off! The 'old' (ie the ones before the new monopoly-looking ones) £20 notes are still current legal tender, they haven't even announced an end date for them yet!

HSBC accept the £5 coins, but usually only from their own customers, paid into an account (due to forgeries etc).

I think the definition of "legal tender" has been widely misunderstood in this thread.

I don't believe any £5 coins are legal tender, this refers to coinage/notes that can be used to settle a legal debt. Paying your groceries is not a debt unless the retailer chooses to let you pay later (as an example).

Banks can refuse any deposit if they so wish, but there is no good reason to do so. The new 20 Euro note is seen infrequently at present.

Basically, I wouldn't use unusual currency in shops (it's probably worth more than face value anyway) and certain banks seem to be being diffficult with regards to £20 notes (although they still happily dispense old £20 notes, go figure)

doelani

I know this is an old thread but...................

just came across some £5 coins and wondered has anyone put them into bank accounts recently. checked the Royal MInte website and says they are worth £5 lol but in reality how easy are they going to be to put into an account?

Also came across some that were worth 25p :eek:

dragonriding

I have just moved my Mum into a Care Home and whilst sorting out her 'stuff' found a bag full of coins, mainly the £5.00 commemorative ones...e.g. in memory of Diana, Princess of Wales which i believe was minted in 1999....So, my question is this...can I use them in any way or are they just for show??

Yuzo

i still have my £5 coin actually,

saved it thinking i may get a bit more for it in the future,...

maybe i should just take the thing into my bank.

ShelfStacker_3

dragonriding wrote: »

I have just moved my Mum into a Care Home and whilst sorting out her 'stuff' found a bag full of coins, mainly the £5.00 commemorative ones...e.g. in memory of Diana, Princess of Wales which i believe was minted in 1999....So, my question is this...can I use them in any way or are they just for show??

So long as they're official ones, you can spend them or exchange them for other money, although some places may be reluctant to take them as they're so uncommon (and they certainly don't have to.)

opinions4u

BWDSKi wrote: »

25p coin.... never heard of that before

I've got a few of these, including the Silver Jubilee one issued to all school children in 1977.