are stamps legal tender uk

I can understand the post office not accepting to take stamps and give you cash for them, as they can be bought from Costco for less than their face value, so everyone would just take 100`s of stamps in and get the cash for them. Stamps with added half p are worth only the whole number value so ignore the half p as it is no longer legal tender. To help us improve GOV.UK, we’d like to know more about your visit today. Item information. There are four denominations of banknotes in circulation: £5, £10, £20 and £50. 0. However, Scottish Bank notes are not Legal Tender, not even in Scotland. No, only Sterling is legal tender in the UK. Postage Stamp Design Postage Stamps Ski Posters Legal Tender Vintage Ski Stamp Collecting History Eagles Hiking Engraved Stamp Beauties - Page 38 - Postage Stamp Chat Board & Stamp Forum {World s leading stamp collecting discussion Bulletin Board. Commemorative stamp packs (sets or miniature sheets) and definitive packs. Product Description Testimonials. The UK’s Coinage Acts of 1870 to 1946 as well as the Decimal Currency Acts of 1967 and 1969 applied to Gibraltar by proclamation. Generally, no. Wiki User Answered . This extends to all the other stamps with halfpenny as part of their value. Bank of England £5, £10, £20 and £50 notes are legal tender in England and Wales. Approximately £78.54 (including postage) Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. Forum Member 12/03/13 - 03:39 #3. Legal tender typically refers to instruments that fully extinguishes a debt. 0. Many thanks John: Dec 17, 2018 Rating: Can you still double the halfpence to whole pence? Lv 4. They will not be redeemed by anybody. The Bank of England banknotes. Quantity: Product Code: YO96. 1000s of members from over 100 countries. Unfortunately the old myth about them being legal tender is just that . Each pack has an issue number. Top Answer. 2011-10-30 10:14:34 2011-10-30 10:14:34. Well… it’s possible, it’s legal, but it may not be that easy. Are postage stamps legal tender in the uk? Why not take a look at other items on a similar theme? Buy stamps online from Royal Mail. The added 1p was a charity donation so ignore it and count only the larger amount. Legal tender allows UK coins to be accepted for payment of debts in court, but only circulating legal tender coins are designed to be spent and traded at businesses and banks.” Forum Member 12/03/13 - 03:39 #4. Unless they print out the stamp. A stamp, no matter how old, will be rejected if: The border is damaged or torn; The price/value of the stamp is illegible, blurred, smeared or covered; If you put tape over the stamp in order to ensure it adheres to the envelope - the USPS specifically calls this out as a reason for rejecting (and gluing also technically will get rejected as well) Shopkeepers are welcome to accept stamps - or anything else, including dollars and euros - but not obliged to accept any form of payment, even Sterling. The Cenotaph is the site of the annual National Service of Remembrance held at 11:00 am on Remembrance Sunday, the closest Sunday to 11 November … Who was the first non royal to appear on a postage stamp? Lou Kelly Posts: 2,495. Notes: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. Presentation packs are issued by Royal Mail, and contain mint never hinged stamps issued on a thematic subject as a set or single stamp. Strange though it may seem, postage stamps are legal tender in England and Wales (not sure about Scotland). 1st class letter-sized stamps will rise from 46p to 60p, and 2nd class letter-sized stamps from 36p to 50p. Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. The Legal Tender Conundrum ‘But’ – I hear you say – ‘ you just said they were legal tender! On the other hand, from a collecting point of view, new and interesting designs are always a bonus! Forum Member 10/01/13 - 15:10 #8. Are stamps legal tender ? It will take only 2 minutes to fill in. They have not the slightest intrinsic value. David Jones, Lee, UK 10,000s of high-resolution postage stamp images. 0. In fact, no banknote whatsoever (including Bank of England notes!) It perfectly combines an official legal tender Remembrance Coin along with four stamps which represent the armed services. Issue: 31st July 1969 - The Halfpenny Postmark: Newtownards CDS Postmark. Condition: --not specified : Price: US $99.95. But excellent if using for stamps. Rod and Yvonne Henkun's family have collected commemorative coins for decades. Bibidybobidyboo Posts: 1,607. 11 and a half counts as 11p 2. Yes it is illegal, stamps are legal tender and as such have a monetary value. £20 - for any amount Scottish Banknotes are legal currency – i.e. Asked by Wiki User. Details about Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. David Brent and Gareth talking about the postage stamp being legal currency. I have my doubts. I can't find any evidence for this, other than David Brent's assertion. 100,000s of detailed philatelic posts. Sign in for checkout Check out as guest . NEW by: John I have been using 'old' decimal GB postage for ages, but always get contradictory advice re the 'half pence' values. [Legal Tender … 80sfan Posts: 18,522. Notice I have not used the word "withdrawn", because it is actually still legal to use ½p stamps on items to be sent through the Royal Mail (in multiples of two if course). The packs are divided into two types. However, they are not legal tender in Scotland and Northern Ireland. Stamp prices are going to rocket on 30 April. Click on image for larger view. ’ Indeed we did, and while there is an in-depth explanation of what that means elsewhere on the site, here’s a brief one for now: legal tender is actually a little-used term, mainly used in legal circles, that means ‘anything offered in payment of a debt that extinguishes that debt’. Legal tender means that you cannot refuse it as payment for a court ordered debt payment. Is that a legal total or are the 1/2p's still ignored? Stamps are not legal tender in the UK. Yvonne's mother, Joan, bought her first coin, the King George VI Crown, for five shillings (25p) in 1937. With a much lower population than the UK, some of these coins can be extremely rare so it's worth keeping hold of them. The Halfpenny Stamps 31.07.1969 | Last Day of Legal Tender, Postmarked at Newtownards sold out. These are issued for postal use and are legal tender. The Royal Mail confirms that postage stamps are not legal tender. If so, do shopkeepers have to accept stamps as a form of payment? Be warned, not accepted on the bus. may be accepted as a form of payment, but are only a conduit to eliminating a debt (e.g. £50 - for any amount. Hmm, I'll see if I can find anything online. They are not a legal tender. No - only coins and notes of the realm are legal tender. But now i just asked the OH. didn't work. See the prices of a 1st Class and 2nd Class stamps, buy a book of stamps and see the latest collection of Special Stamps and Collectibles. There are £5, £10 and £20 notes printed on polymer. She added: “As set out by law, all UK coins made by The Royal Mint are classed as legal tender, whether commemorative or circulating. 1 1. they are approved by the UK Parliament. Gibraltar’s Currency Notes Ordinance did not create a separate currency but conferred on the Government of Gibraltar the authority to print currency notes, which were legal currency in Gibraltar. Lots of people have been asking me if they should stock up now in order to sell them for huge profit later. JB3 wrote: » Yes it is illegal, stamps are legal tender and as such have a monetary value. 4 years ago. No banknotes are legal tender in Scotland or, I think, Northern Ireland. Stock Code: 18791. Forum Member 10/01/13 - 15:06 #7. Limited edition of only 500. I think you may find that stamps are actually not 'legal tender' in the UK - hence I doubt any bank will accept them as a deposit. Molly. Finding one in your change can be an annoyance on one hand as technically the coins are not legal tender in the UK. 1p, 2p, 5p, 10p, 20p, 50p, £1, £2 and £5 coins are legal tender throughout the UK (although the smaller coins are only legal tender up to a certain amount). The amounts for legal tender are stated below. 33, 12 Stat. 41 42 43. Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. Are postage stamps legal tender in the uk? (Not being legal tender doesn't mean some shops etc won't accept them - only that its not compulsory for them to do so) Regards Sunil. While you are free to accept stamps as payment for a service or goods, there is no legal obligation for you to accept them when offered and you have no legal recourse if payment in stamps is refused! Report the shop . Apparently stamps are legal tender, but try using them to pay for bus travel. But i dont see a problem with using them to pay for part postage, as they will probably stick stamps on anyway. For this reason, bank checks, credit cards, gift cards, etc. Price: £24.95 inc. VAT. 'That's legal tender, pal' (Image: PA) Are Scottish and Northern Irish bank notes “legal tender” and do shops in England have to accept them? Coins: Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. United Kingdom. I can't find any evidence for this, other than David Brent's assertion. 37th Congress, 2d Session, Ch. Are stamps a form of legal tender? 0. tracystapes Posts: 3,309. Scottish banknotes are currently legal in the UK but they are not legal tender. Answer . Essentially, no. We’ll send you a link to a feedback form. The Royal Mint – UK Legal Tender Guidelines; The Royal Mint – Legal tender status of stamps in the UK; Act to authorize the Issue of United States Notes, and for the Redemption or Funding thereof, and for Funding the Floating Debt of the United States. Stamps are a collectable commodity and as such are traded on the open market like any other. But there is no safety to anybody in taking these stamps any longer as money. 345. In order to comply with the very strict rules governing an actual legal tender transaction it is necessary, for example, to offer the exact amount due because no change can be demanded. A court ordered debt payment Remembrance Coin along with four stamps which represent the armed.. This reason, bank checks, credit cards, etc and 1969 applied to Gibraltar by proclamation part. Market like any other for this reason, bank checks, credit cards, etc rise from 46p to,... 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They will probably stick stamps on anyway, new and interesting designs are always a bonus hmm i.

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