headsortails
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Everything posted by headsortails
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the royal mint, a public service or a licence to print money?
headsortails replied to headsortails's topic in Decimal Coins
Well i would state if private individuals have access to coins via royal mint where the common peaple of britian don't and are able to sell them on at a margin, its a clear do know. -
looking out for a dot to dot I came across this coin that appears to be double struck,the 1 in 10 also looks a little different.
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The first world war 1914-1918 £2 misprint
headsortails replied to coventry93's topic in Confirmed unlisted Varieties.
no need to turn it over just stand on your head. -
the coin can be circulated but doesn't have to be accepted as apparently even legal tender doesn't have to be accepted,IE if payment is offered up in great number of small change,but no one can be prosecuted for goods or services recived if they offer up payment in legal tender,the coins are legal tender. http://www.dailymail.co.uk/news/article-2594273/Tesco-staff-banned-customer-paying-bill-commemorative-20-coins-called-POLICE-didnt-cash.html
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on the other hand the mint states even though coins have legal tender,coins designed not for general circulation may not be accepted by banks and shops. http://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
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I think it comes down to HMS treasury in they honour the coin or don't.
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the common Britannia 50p coin doesn't state 50p but just 50,point being is that 50p or £50? Therefore is doesn't technically fully state its denomination so must also technically not be a real coin. I wonder if they will be withdrawn?
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A little check and it dose appear the mint states in black and white the coin has a denomination of 50p.
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if the no denomination 4th edition battle of Britain 50p is not a coin,then why is in place in the 2015 commemorative coin sets? A question for royal mint perhaps.
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thinking about it,didn't the 1977 jubilee crown have a denomination of 25p with none stamped on the coin.
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perhaps then the no denomination battle of britain coin isn't legal tender like the £100 coins that do have denomination.
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I think the treasury should be responsible for the denomination stamped on coins produced by the royal mint,example the £100 coin now worth only there weight in silver that being about twenty quid.
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the 2011 1st edition aquatics coin was replaced but there is no replacement for the battle of Britain coin,just three types as you have pointed out.
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I count 46 difference round pound coins 1983/2016 with five coins only available in sets.
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Yes along with the Cardiff ones also.
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* I can't remember striking this coin.