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The British decimal twenty pence coin (often shortened to 20p in writing and speech) is a denomination of sterling coinage worth 1 ⁄ 5 of a pound. Like the 50p coin, it is an equilateral curve heptagon. [1] Its obverse has featured the profile of the British monarch since the coin's introduction on 9 June 1982. [1]
The prolific issuance since 2013 of silver commemorative £20, £50 and £100 coins at face value has led to attempts to spend or deposit these coins, prompting the Royal Mint to clarify the legal tender status of these silver coins as well as the cupronickel £5 coin. [37] [38] [39] Legal tender has a very narrow legal meaning, related to ...
The British twenty pound (£20) coin is a commemorative denomination of sterling coinage, first issued by the Royal Mint in 2013. [1] It is minted in .999 fine silver. [ 2 ] Twenty pound coins are legal tender [ 3 ] but are intended as souvenirs and are almost never seen in general circulation.
Until decimalisation crowns (five shilling coins) were used for this purpose as they were the highest denomination of the time, but due to inflation this role has been transferred to higher value coins. Crowns, £5 coins and (until 1996) £2 coins are non-circulating, although they are still legal tender. These denominations are only used for ...
The government could increase the value of the gold coins (expensive) or reduce the size of all U.S. silver coins. With the reduction of 1853, a 50-cent coin now had only 48 cents of silver. This is the reason for the $5 limit of silver coins as legal tender; paying somebody $100 in the new silver coins would be giving them $96 worth of silver.
Currently, auctions are asking between $2 and $3 per pound for quantities of 10 to 25 pounds of coins. One auction featured 100,000 pennies -- weighing about 680 pounds -- that sold for $1,500 ...
The 1981 coin was significantly thinner than the modern version and the diameter also measured slightly less. The £1 coin ceased to be legal tender on 15 October 2017, to coincide with the withdrawal of the circular £1 coin in the UK. The UK's new twelve-sided £1 coin is the only £1 coin that is legal tender on the island.
Earlier this year, the Utah state legislature passed a law making gold and silver coins legal tender. Now, a Salt Lake City-area numismatist hopes to set up a system that will allow Utahans to use ...