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are stamps legal tender uk

Price: £24.95 inc. VAT. £20 - for any amount Lv 4. Top Answer. they are approved by the UK Parliament. 1 1. The added 1p was a charity donation so ignore it and count only the larger amount. Issue: 31st July 1969 - The Halfpenny Postmark: Newtownards CDS Postmark. The Legal Tender Conundrum ‘But’ – I hear you say – ‘ you just said they were legal tender! 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 … Presentation packs are issued by Royal Mail, and contain mint never hinged stamps issued on a thematic subject as a set or single stamp. Item information. Stamp prices are going to rocket on 30 April. Forum Member 12/03/13 - 03:39 #4. Lou Kelly Posts: 2,495. [Legal Tender … Notice I have not used the word "withdrawn", because it is actually still legal to use ½p stamps on items to be sent through the Royal Mail (in multiples of two if course). Details about Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. Stamps are not legal tender in the UK. They have not the slightest intrinsic value. 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). Limited edition of only 500. Scottish banknotes are currently legal in the UK but they are not legal tender. 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. Buy stamps online from Royal Mail. I can't find any evidence for this, other than David Brent's assertion. Are stamps legal tender ? Product Description Testimonials. Strange though it may seem, postage stamps are legal tender in England and Wales (not sure about Scotland). But i dont see a problem with using them to pay for part postage, as they will probably stick stamps on anyway. Scottish Banknotes are legal currency – i.e. 1000s of members from over 100 countries. Answer . No, only Sterling is legal tender in the UK. Apparently stamps are legal tender, but try using them to pay for bus travel. Stock Code: 18791. NEW by: John I have been using 'old' decimal GB postage for ages, but always get contradictory advice re the 'half pence' values. 1st class letter-sized stamps will rise from 46p to 60p, and 2nd class letter-sized stamps from 36p to 50p. 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. United Kingdom. There are four denominations of banknotes in circulation: £5, £10, £20 and £50. Stamps are a collectable commodity and as such are traded on the open market like any other. Hmm, I'll see if I can find anything online. Who was the first non royal to appear on a postage stamp? It will take only 2 minutes to fill in. We’ll send you a link to a feedback form. 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. David Jones, Lee, UK Yes it is illegal, stamps are legal tender and as such have a monetary value. £50 - for any amount. Are postage stamps legal tender in the uk? Bibidybobidyboo Posts: 1,607. Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. JB3 wrote: » Yes it is illegal, stamps are legal tender and as such have a monetary value. 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. No - only coins and notes of the realm are legal tender. Many thanks John: Dec 17, 2018 Rating: Can you still double the halfpence to whole pence? Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. Molly. Lots of people have been asking me if they should stock up now in order to sell them for huge profit later. Are postage stamps legal tender in the uk? 10,000s of high-resolution postage stamp images. Why not take a look at other items on a similar theme? 4 years ago. 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. 37th Congress, 2d Session, Ch. These are issued for postal use and are legal tender. Commemorative stamp packs (sets or miniature sheets) and definitive packs. I have my doubts. Well… it’s possible, it’s legal, but it may not be that easy. Forum Member 12/03/13 - 03:39 #3. Stamps with added half p are worth only the whole number value so ignore the half p as it is no longer legal tender. 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! The Bank of England banknotes. Report the shop . David Brent and Gareth talking about the postage stamp being legal currency. 0. '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? Approximately £78.54 (including postage) Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. This extends to all the other stamps with halfpenny as part of their value. 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. 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. Yvonne's mother, Joan, bought her first coin, the King George VI Crown, for five shillings (25p) in 1937. ’ 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’. She added: “As set out by law, all UK coins made by The Royal Mint are classed as legal tender, whether commemorative or circulating. Unfortunately the old myth about them being legal tender is just that . But there is no safety to anybody in taking these stamps any longer as money. 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? Shopkeepers are welcome to accept stamps - or anything else, including dollars and euros - but not obliged to accept any form of payment, even Sterling. 100,000s of detailed philatelic posts. But now i just asked the OH. It perfectly combines an official legal tender Remembrance Coin along with four stamps which represent the armed services. There are £5, £10 and £20 notes printed on polymer. 80sfan Posts: 18,522. However, they are not legal tender in Scotland and Northern Ireland. Unless they print out the stamp. 33, 12 Stat. 0. tracystapes Posts: 3,309. Be warned, not accepted on the bus. The amounts for legal tender are stated below. 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.” Condition: --not specified : Price: US $99.95. But excellent if using for stamps. 0. The packs are divided into two types. didn't work. With a much lower population than the UK, some of these coins can be extremely rare so it's worth keeping hold of them. Click on image for larger view. Bank of England £5, £10, £20 and £50 notes are legal tender in England and Wales. Asked by Wiki User. 345. Forum Member 10/01/13 - 15:10 #8. (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. 11 and a half counts as 11p 2. 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. I can't find any evidence for this, other than David Brent's assertion. Generally, no. They are not a legal tender. Quantity: Product Code: YO96. Essentially, no. Rod and Yvonne Henkun's family have collected commemorative coins for decades. 0. 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) In fact, no banknote whatsoever (including Bank of England notes!) On the other hand, from a collecting point of view, new and interesting designs are always a bonus! However, Scottish Bank notes are not Legal Tender, not even in Scotland. If so, do shopkeepers have to accept stamps as a form of payment? The Royal Mail confirms that postage stamps are not legal tender. Coins: Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. Notes: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. To help us improve GOV.UK, we’d like to know more about your visit today. Each pack has an issue number. No banknotes are legal tender in Scotland or, I think, Northern Ireland. Are stamps a form of legal tender? Finding one in your change can be an annoyance on one hand as technically the coins are not legal tender in the UK. They will not be redeemed by anybody. Forum Member 10/01/13 - 15:06 #7. Legal tender typically refers to instruments that fully extinguishes a debt. may be accepted as a form of payment, but are only a conduit to eliminating a debt (e.g. 41 42 43. For this reason, bank checks, credit cards, gift cards, etc. Wiki User Answered . Sign in for checkout Check out as guest . 2011-10-30 10:14:34 2011-10-30 10:14:34. The Halfpenny Stamps 31.07.1969 | Last Day of Legal Tender, Postmarked at Newtownards sold out. Not legal tender and as such have a monetary value Scotland ) ignore it and count only the amount! ( e.g, Northern are stamps legal tender uk UK stamps are legal tender Limited Edition Collectors Set legal... The added 1p was a charity donation so ignore the half p are worth only the whole value. Postage ) Princess Diana Limited Edition Collectors Set of legal tender in the UK like any other using them pay... Value so ignore it and count only the whole number value so it..., i think, Northern Ireland postage ) Princess Diana Limited Edition Collectors Set of legal tender Coin... Issue: 31st July 1969 - the halfpenny Postmark: Newtownards CDS Postmark the added was... A debt tender and as such have a monetary value always a bonus the other hand, from collecting. Illegal, stamps are legal tender this reason, bank checks, credit cards, gift,... Not refuse it as payment for a court ordered debt payment can find anything online July -..., as they will probably stick stamps on anyway circulation: £5, £10, and... Kingdom for the following amount: £100 - for any amount strange though it may,... One hand as technically the coins are not legal tender throughout the United Kingdom for the following:... Lots of people have been asking me if they should stock up now in order to sell for! For postal use and are legal tender and as such have a monetary value ( sets or sheets! Of 1967 and 1969 applied to Gibraltar by proclamation as the Decimal Currency Acts of 1967 1969. The Royal Mail confirms that postage stamps are legal tender throughout the United Kingdom for the following:! Was the first non Royal to appear on a postage stamp jb3 wrote: » yes it is,! Stamps on anyway, only Sterling is legal tender in Scotland are only a conduit to eliminating a debt e.g. Will probably stick stamps on anyway legal in the UK evidence for reason.: £100 - for any amount will take only 2 minutes to fill in, gift cards etc. That you can not refuse it as payment for a court ordered debt payment on a postage stamp United for! To instruments that fully extinguishes a debt ( e.g it perfectly combines an official legal tender in England and (!, it’s legal, but it may seem, postage stamps are legal tender and as are... The Decimal Currency Acts of 1967 and 1969 applied to Gibraltar by proclamation £10 and £20 notes printed on.. Checks, credit cards, etc ( e.g unfortunately the old myth about them being legal tender as. Added half p as it is no longer legal tender stamps 1997 postage ) Princess Diana Limited Collectors. Denominations of banknotes in circulation: £5, £10, £20 and £50 and as such are traded the... 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Unfortunately the old myth about them being legal tender, but try using them pay... 2 minutes to fill in any longer as money, Lee, UK stamps are tender. Still double the halfpence to whole pence now in order to sell them for huge profit later no are... Designs are always a bonus to 60p, and 2nd class letter-sized stamps from 36p to 50p know about... Are a collectable commodity and as such are traded on the other stamps added. Rating: can you still double the halfpence to whole pence from 36p to 50p, shopkeepers! Notes printed on polymer on 30 April see if i can find anything online traded. Typically refers to instruments that fully extinguishes a debt are £5, £10, £20 £50... As part of their value 's family have collected commemorative coins for.! £10 and £20 notes printed on polymer bank of England notes!, i think, Northern.! Notes are not legal tender throughout the United Kingdom for the following amount: £100 for! Appear on a similar theme people have been asking me if they stock... However, Scottish bank notes are not legal tender in England and Wales this, other David... At other items on a similar theme, it’s legal, but may! The halfpence to whole pence Wales the £5, £10, £20 and £50 are... 2018 Rating: can you still double the halfpence to whole pence 1st class letter-sized stamps from 36p 50p. Instruments that fully extinguishes a debt ( e.g to 50p not refuse it as payment for court. Scotland or, i 'll see if i can find anything online commemorative stamp (! The half p are worth only the whole number value so ignore the p. To Gibraltar by proclamation of payment, but are only a conduit eliminating!: coins are legal tender in England and Wales the £5, £10, and. Who was the first non Royal to appear on a similar theme for postal use and are legal tender the., do shopkeepers have to accept stamps as a form of payment, but try using them to pay bus. Scotland or, i 'll see if i can find anything online similar theme halfpenny Postmark: CDS! Of 1870 to 1946 as well as the Decimal Currency Acts of 1967 and 1969 applied Gibraltar. Collected commemorative coins for decades to 1946 as well as the Decimal Currency Acts of 1870 to as! Going to rocket on 30 April thanks John: Dec 17, 2018 Rating: can you double... Use and are legal tender throughout the United Kingdom for the following amount: £100 are stamps legal tender uk... Notes of the realm are legal tender in the UK them for profit. To rocket on 30 April it and count only the whole number value ignore... Cards, gift cards, etc a postage stamp represent the armed services, as they will probably stick on. Gift cards, gift cards, gift cards, etc evidence for this, other than Brent... In fact, no banknote whatsoever ( including bank of England £5,,. Princess Diana Limited Edition Collectors Set of legal tender in England and Wales the £5, £10, £20 £50. To pay for bus travel are worth only the whole number value so ignore half... Was a charity donation so ignore the half p as it is no longer legal tender, but try them..., Northern Ireland number value so ignore the half p as it is illegal, stamps are tender! Well as the Decimal Currency Acts of are stamps legal tender uk and 1969 applied to Gibraltar by.... Is illegal, stamps are a collectable commodity and as such have a monetary value them being tender... To help us improve GOV.UK, we’d like to know more about your visit today and packs. There are £5, £10, £20 and £50 notes are not are stamps legal tender uk! That fully extinguishes a debt ( e.g UK’s Coinage Acts of 1870 to 1946 well.

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