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£5 pound coins

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  • Extant
    Extant Posts: 2,140 Forumite
    I wish they'd hurry up and replace £5 notes with coins.

    Manky old things.
    What would William Shatner do?
  • Inactive
    Inactive Posts: 14,509 Forumite
    I wish they'd hurry up and replace £5 notes with coins.

    Manky old things.


    You can send a sack full to me if you don't like them.. :D

    I prefer any note/s to coins.;)
  • Extant
    Extant Posts: 2,140 Forumite
    Inactive wrote: »
    You can send a sack full to me if you don't like them.. :D

    I prefer any note/s to coins.;)

    I wouldn't give my money to anyone, let alone a Gentile from MSE. ;)
    What would William Shatner do?
  • willo65
    willo65 Posts: 1,012 Forumite
    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??

    If I remember correctly any £5 coins minted before 1990 are only worth 25p and ones after are worth £5 - You should be able to tell the difference because the ones minted after 1990 will say "Five Pounds" on it.
  • soolin
    soolin Posts: 74,114 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    willo65 wrote: »
    If I remember correctly any £5 coins minted before 1990 are only worth 25p and ones after are worth £5 - You should be able to tell the difference because the ones minted after 1990 will say "Five Pounds" on it.
    :confused:

    I think you may be getting muddled with 'crowns' which are 25p, ie the Churchill crown or the Royal wedding one.

    A legally minted UK £5 coin (ie not one of those dodgy ones from the Sunday paper small ads minted in Tristan Da Cunha!) was worth £5 and is still worth £5.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • willo65
    willo65 Posts: 1,012 Forumite
    soolin wrote: »
    :confused:

    I think you may be getting muddled with 'crowns' which are 25p, ie the Churchill crown or the Royal wedding one.

    A legally minted UK £5 coin (ie not one of those dodgy ones from the Sunday paper small ads minted in Tristan Da Cunha!) was worth £5 and is still worth £5.

    Sorry I wasn't clear in post. Although it is a crown as is the current £5 coin http://www.royalmint.com/Corporate/facts/coins/FivePoundCoin.aspx the value was changed from 25p to £5 in 1990 and many people due to the coins being the same size and weight aren't sure if it is worth £5 or 25p and will refer to both coins as £5 coins.
  • lightisfading
    lightisfading Posts: 1,288 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If it says £5 on it, it's worth a fiver.
    If it doesn't, it's not a five pound coin, and is probably worth 25p :)
  • patanne
    patanne Posts: 1,286 Forumite
    Just to make things clearer to those of you brought up post decimal day. A florin was 2 shillings, half a crown was 2 shillings and six pence. These coins were in regular circulation. They then used to bring out special coins for occasions such as the coronation (and yes I do remember it!) which were crowns and were worth 5 shillings which would now be 25p. Therefore a £5 coin can not be called a crown (although there buying power in their own times are probably not much different). I can't fiind an icon with grey hair!!!!!!!
  • willo65
    willo65 Posts: 1,012 Forumite
    patanne wrote: »
    Therefore a £5 coin can not be called a crown QUOTE]

    It does say on the link I posted £5 commemorative "Crown"
  • Hi

    After going to my small local village post office, I asked the lady if she takes £5 coins for exchange for goods as needed to send a Special Delivery package.
    She gave a big smile and said NO!!.
    Nice!!!!!!

    I emailed the postoffice main office and they said they DO take these coins for services.

    I went to my bank which was Halifax. A lovely pretty older lady turned round and said we could but we are not sure if the post office that they pay into at the end of evey day will accept them. It was not a Main Branch halifax but a halifax agency.
    I did not say that I had just emailed the post office.
    I am not going to stand there and argue the point and embarass myself as well as her.

    It comes down to who is serving you at the time in these places.

    I am not one to argue on something like this.

    The email from the post office said they would like the post office name so they san tell her that she can accept them. I can't do that, it's a local post office and could cause me problems later on as she will no doubt hold a grudge against me telling on her. She is like that. So no way will I force her to accept them.

    So, on the whole you can't spend them.
    They are not common enough.
    You might get a bus driver, shop assistant who will gladly take them for there own interest.
    Mine are still in the plastic blister pack and not touched.

    One day I will get to spend them.

    Regards

    Karl
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