Worth 100 quid!

Discussion in 'Silver Coins' started by Gatito Bandito, Jun 8, 2016.

  1. Gatito Bandito

    Gatito Bandito Active Member

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  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    ~ http://content.royalmint.com/?IHTBWVpdCwqbxjm4jhB3IBmJRtV9tbLeI

    And the small print...

    I told them in a recent survey that I would no longer be buying any more of these face value coins.

    How long has there been this 'distinction' between 'circulating legal tender' and 'commemorative legal tender'? I have heard of 'Non-Circulating Legal Tender', NCLT, coins but they are usually accepted at face value in banks shops and everywhere else.
     
  3. shinymetal

    shinymetal Well-Known Member

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    I can't remember where I read this,
    But in Australia as I understand the shops and regular commercial banks don't legally have to accept non circulating legal tender, but they can.
    However the RBA has to accept them for face value.
    So maybe in the UK something similar.. Where the BoE has to legally accept for face value..
     

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