Getting rid of coins
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There are limits on the maximum value a retailer has to accept as legal tender in coinage in the UK. Something along the lines of; £2 - any amount £1 - any amount 50p - any amount not exceeding £10 20p - any amount not exceeding £10 10p - any amount not exceeding £5 5p - any amount not exceeding £5 2p - any amount not exceeding 20p 1p - any amount not exceeding 20p
Rhys "The trouble with having an open mind, of course, is that people will insist on coming along and trying to put things in it" They say a little knowledge is a dangerous thing, but it's not one half so bad as a lot of ignorance." Terry Pratchett
http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx[^] Legal Tender Guidelines Legal tender has a very narrow and technical meaning in the settlement of debts. It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. It does not mean that any ordinary transaction has to take place in legal tender or only within the amount denominated by the legislation. Both parties are free to agree to accept any form of payment whether legal tender or otherwise according to their wishes. In order to comply with the very strict rules governing an actual legal tender it is necessary, for example, actually to offer the exact amount due because no change can be demanded. The amounts for legal tender are stated below. BANK OF ENGLAND NOTES: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. However, they are not legal tender in Scotland and Northern Ireland. COINS: Coins are legal tender throughout the United Kingdom for the following amount: £5 (Crown) - for any amount £2 - for any amount £1 - for any amount 50p - for any amount not exceeding £10 25p (Crown) - for any amount not exceeding £10 20p - for any amount not exceeding £10 10p - for any amount not exceeding £5 5p - for any amount not exceeding £5 2p - for any amount not exceeding 20p 1p - for any amount not exceeding 20p
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There's inflation for you. I heard £40M, possibly rising to £100M. Are you sure "billions" isn't hyperbole?
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2 Farthings to the Ha'p'ney. 2 Ha'p'ney's to the Penny. 3 Pennies to the Thruppeny Bit. 2 Thruppeny Bits to the Sixpence. 2 Sixpences to the Shilling. 5 Shillings to the Half Crown. 2 Half Crowns to the Crown. 2 Crowns to the Pound. 1 Pound and a Shilling to a Guinea. Simple, why did we have to change it, that's what I want to know!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
You've got yer crown all wrong! A crown was 5 bob, 'arf a crown was 2s 6d. Therefore 4 crowns to the pound. You are a prime example of why it was changed (pun intended).
Phil
The opinions expressed in this post are not necessarily those of the author, especially if you find them impolite, inaccurate or inflammatory.
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2 Farthings to the Ha'p'ney. 2 Ha'p'ney's to the Penny. 3 Pennies to the Thruppeny Bit. 2 Thruppeny Bits to the Sixpence. 2 Sixpences to the Shilling. 5 Shillings to the Half Crown. 2 Half Crowns to the Crown. 2 Crowns to the Pound. 1 Pound and a Shilling to a Guinea. Simple, why did we have to change it, that's what I want to know!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
5 Shillings to the Half Crown.
Half a crown = 2s 6d - price of a bottle of Broon when I was a lad. :)
Regards David R --------------------------------------------------------------- "Every program eventually becomes rococo, and then rubble." - Alan Perlis The only valid measurement of code quality: WTFs/minute.
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You're probably right. I think it's actually illegal to melt them down now because of this.
Under Section 10 of the 1971 Coinage Act - no person shall, except under the authority of a licence granted by the Treasury, melt down or break up any metal coin which is currently in circulation in the United Kingdom.
Phil
The opinions expressed in this post are not necessarily those of the author, especially if you find them impolite, inaccurate or inflammatory.
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lol I tend to accumulate them a lot quicker than I can spend them. Most of its is change from nights out and although I can take a few coins most of the money comes out of cash machines and I have a habit of using notes to pay rather than counting out the coins.
Just take them to your bank and pay them in to your account. They have to accept them, and count them, even if it is by hand and slowly. If you ask them for a bunch of coin bags and bag them up yourself then they just weigh the bags to check. No problems and no charge.
If you have knowledge, let others light their candles at it. Margaret Fuller (1810 - 1850) [My Articles] [My Website]
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lol I tend to accumulate them a lot quicker than I can spend them. Most of its is change from nights out and although I can take a few coins most of the money comes out of cash machines and I have a habit of using notes to pay rather than counting out the coins.
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Dalek Dave wrote:
Work out how much I am prepared to gamble and lose.
So you actually calculate how much you are willing to pay to have people take your money from you? I generally pay people to do things that are much more useful.
I wanna be a eunuchs developer! Pass me a bread knife!
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Under Section 10 of the 1971 Coinage Act - no person shall, except under the authority of a licence granted by the Treasury, melt down or break up any metal coin which is currently in circulation in the United Kingdom.
Phil
The opinions expressed in this post are not necessarily those of the author, especially if you find them impolite, inaccurate or inflammatory.
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Dalek Dave wrote:
Secondly, coppers (1p's and 2p's) can be refused if more than 20p in total of being offered.
Really? I never knew that! :)
"If you can't explain it simply, you don't understand it well enough" ~ Albert Einstein "If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." ~ Paul Neal "Red" Adair
Yep - here[^]'s a list! [edit] Sorry, just realised this a repost from an hour ago! Oopsie :|
Dave
Binging is like googling, it just feels dirtier. Please take your VB.NET out of our nice case sensitive forum. Astonish us. Be exceptional. (Pete O'Hanlon)
BTW, in software, hope and pray is not a viable strategy. (Luc Pattyn) -
OriginalGriff wrote:
punch cards in some format were first used in 1725 for controlling mechanical looms
Ask Henry about that, bought a Jacquard Bell machine.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
I wonder if the one CG had sucked?
Dave
Binging is like googling, it just feels dirtier. Please take your VB.NET out of our nice case sensitive forum. Astonish us. Be exceptional. (Pete O'Hanlon)
BTW, in software, hope and pray is not a viable strategy. (Luc Pattyn) -
Yes going to try this soon once I've confirmed the branch I think has one does, and I can access it at night or weekends.
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I buy pretty much everything on credit or debit card. The exceptions are bus fare, taxi fare and most pubs/clubs which tend not to take them.
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Having accumulated way too much change I checked out the coinstar machine in asda. I took one jar in (of about 30-ish I'm guessing I could fill) - 2*£2, 89*£1, 94*50p, 114*20p, 112*10p, 37*5p, 5*2p, 23*1p = £178.18. The coinstar machine took a £15.86 service charge plus I had to wait ages at the till while they found the notes to give me in return for the voucher. I've heard some HSBC branches might have deposit machines that do it for free, so going to try and find one in Manchester that's open Saturdays. I've heard the St Annes Sq one is but haven't been to check yet. Either way at least I'll hopefully be able to see the floor of my flat again soon :)
I never have trouble getting rid of coins. Not only does the CoinStar machine at the grocery store do it for free, I have 7 casinos across the river that will be only too happy to take them from me. :-D
Will Rogers never met me.
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Having accumulated way too much change I checked out the coinstar machine in asda. I took one jar in (of about 30-ish I'm guessing I could fill) - 2*£2, 89*£1, 94*50p, 114*20p, 112*10p, 37*5p, 5*2p, 23*1p = £178.18. The coinstar machine took a £15.86 service charge plus I had to wait ages at the till while they found the notes to give me in return for the voucher. I've heard some HSBC branches might have deposit machines that do it for free, so going to try and find one in Manchester that's open Saturdays. I've heard the St Annes Sq one is but haven't been to check yet. Either way at least I'll hopefully be able to see the floor of my flat again soon :)
Next time you're in Tesco try the self service till. Put in all your lowest denomination coins first, then notes. You will get back some change but usually a lot less than you put in. No tiresome coin counting and no charges.
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Showing your age there, aren't you? :-\ So, here's a quiz I was given in a pub ages ago. What's the next number in the following series: 1/2, 1, 2, 3, 6, 12, 24 ...
30. [Edit] I deliberately didn't look at the other answers before posting this. Although, having now done so, it was nice to see that DD got it wrong. :) The financial future of the Nation is obviously in good hands. :laugh: [/Edit]
Henry Minute Do not read medical books! You could die of a misprint. - Mark Twain Girl: (staring) "Why do you need an icy cucumber?" “I want to report a fraud. The government is lying to us all.”
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2 Farthings to the Ha'p'ney. 2 Ha'p'ney's to the Penny. 3 Pennies to the Thruppeny Bit. 2 Thruppeny Bits to the Sixpence. 2 Sixpences to the Shilling. 5 Shillings to the Half Crown. 2 Half Crowns to the Crown. 2 Crowns to the Pound. 1 Pound and a Shilling to a Guinea. Simple, why did we have to change it, that's what I want to know!
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
3 Pennies to the Thruppeny Bit
FFS, surely you Pommy Gits called it a Threepence (pronounced Thrippence (with a very short i sound)) like the good looking and intelligent dwellers from Downunder?
Michael Martin Australia "I controlled my laughter and simple said "No,I am very busy,so I can't write any code for you". The moment they heard this all the smiling face turned into a sad looking face and one of them farted. So I had to leave the place as soon as possible." - Mr.Prakash One Fine Saturday. 24/04/2004
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Three guineas per pound.
Is that old guineas or new guineas? Either way, it's a bit much -- no need to be a pig about it.
I wanna be a eunuchs developer! Pass me a bread knife!
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I don't know about viaducting but I don't charge for service of taking money
Sorry, but I don't use open-source money removal services.
I wanna be a eunuchs developer! Pass me a bread knife!
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Budgeting $X for an evening playing roulette or the slots or lotto tickets as an evenings entertainment is no different budgeting the same for a movie or a concert.
3x12=36 2x12=24 1x12=12 0x12=18
Dan Neely wrote:
Budgeting $X for an evening playing roulette or the slots or lotto tickets as an evenings entertainment is no different budgeting the same for a movie or a concert.
Yes, and just as musicians train for years, and other entertainers practice and practice, people in the casino industry spend a huge proportion of their time working on how to take your money from you. It's not entertainment, it's theft with enticement.
I wanna be a eunuchs developer! Pass me a bread knife!