List of UK legal tender coins (especially silver)

[ColdHands]

Hi, l'm kind of new to this.

I'm trying to find a list of UK silver (and other metals) coins that are still legal tender today.

So, l'm particularly interested in anything pre-1947.

Am l right to say all Crowns are legal tender, as well as the QV Double Florin?

Or is it actually all denominations?

 

I have tried to Google it but it feels like no list exists. The search results are often wide of the mark.

 

 

[ozjohn]

3 hours ago, ColdHands said:

Hi, l'm kind of new to this.

I'm trying to find a list of UK silver (and other metals) coins that are still legal tender today.

So, l'm particularly interested in anything pre-1947.

Am l right to say all Crowns are legal tender, as well as the QV Double Florin?

Or is it actually all denominations?

 

I have tried to Google it but it feels like no list exists. The search results are often wide of the mark.

 

 

Cannot comment on predecimal UK silver coins as they have all changed size. However Australian silver coins florin, shilling and sixpence still remain in the same format as the old imperial coins. With the florin now 20 cent, shilling 10 cent and sixpence 5 cent. 

However sovereigns and half-sovereigns are deemed to not be legal tender for some reason although sovereigns etc. were minted in Australia at Sydney, Melbourne and Perth. because of this they attract a 10% GST (VAT). Pure gold coins do not attract GST.

[wlewisiii]

My understanding, which is likely to be wildly wrong, is that it's pretty much only the Crowns, Double Florins & various Sovereigns that are officially legal tender. I must admit, I'd enjoy seeing a shop keeper presented with a fugly 1965 Churchill crown for a 25 p debt! The look on his face would be amusing, I'm certain. 

[ColdHands]

Thank you. I think Maundy Money may still be legal in the UK too, but from what year onward?

I'm not planning to pay anybody in legal face value, l'm asking for Capital Gains Tax purposes.

[Nick]

Legal tender has a pretty narrow defintion.  It basically means what can be used to settle a debt, in the absence of contracted payment terms.  Here is a snippet from the Bank of England website:

"So, what counts as legal tender?

It varies throughout the UK. In England and Wales, it is Royal Mint coins and Bank of England notes. In Scotland and Northern Ireland, it is only Royal Mint coins and not banknotes.

There are also some restrictions when using small coins. For example, 1p and 2p coins only count as legal tender for any amount up to 20p. And 5p and 10p coins only count for any amount up to £5. But £1 and £2 coins count as legal tender for any amount."