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  2. Coins of the pound sterling - Wikipedia

    en.wikipedia.org/wiki/Coins_of_the_pound_sterling

    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 ...

  3. One pound coin - Wikipedia

    en.wikipedia.org/wiki/One_pound_coin

    In July 2010, following speculation that the Royal Mint would have to consider replacing £1 coins with a new design because of the fakes, bookmakers Paddy Power offered odds of 6/4 (bet £4 to win £6, plus the £4 stake back; decimal odds of 2.5), that the £1 coin would be removed from circulation. [39] [44]

  4. Commemorative coins of the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Commemorative_coins_of_the...

    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 ...

  5. Pound sterling - Wikipedia

    en.wikipedia.org/wiki/Pound_sterling

    2017: A more secure twelve-sided bi-metallic £1 coin was introduced to reduce forgery. The old round £1 coin ceased to be legal tender on 15 October 2017. [133] As of 2020, the oldest circulating coins in the UK are the 1p and 2p copper coins introduced in 1971. No other coins from before 1982 are in circulation.

  6. Crown (British coin) - Wikipedia

    en.wikipedia.org/wiki/Crown_(British_coin)

    After decimalisation on 15 February 1971, the 25-pence coin was introduced as a replacement for the crown as a commemorative coin. These were legal tender [6] and were made with large mintages. Further issues continued to be minted, initially with a value of twenty-five pence (with no face value shown).

  7. Legal tender - Wikipedia

    en.wikipedia.org/wiki/Legal_tender

    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.

  8. Bank of England £1 note - Wikipedia

    en.wikipedia.org/wiki/Bank_of_England_£1_note

    The new nickel brass coin was introduced on 21 April 1983 and the one pound note ceased to be legal tender on 11 March 1988. [2] [3] Bank of England £1 notes are still occasionally found in circulation in Scotland, alongside £1 notes from Scottish banks. The Bank of England will exchange old £1 notes for their face value in perpetuity.

  9. List of £1 banknotes and coins - Wikipedia

    en.wikipedia.org/wiki/List_of_£1_banknotes_and...

    British brass £1 coin and gold sovereign; Royal Bank of Scotland £1 note; Bank of England £1 note (demonetised) Egyptian £1 coin and note; Falklands £1 coin; Gibraltarian £1 coin; Guernsey £1 coin and note; Manx £1 coin; Jersey £1 coin and note; South Sudanese £1 SSP coin; Sudanese LS 1 coin; Saint Helena £1 coin and note