For example you can't pay a court fine or council tax in pennys. It is not legal tender. The strange thing is Scotish notes are not legal tender EVEN in Scotland! The do not have to accept them but most stores will.
2006-11-11 01:09:09 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Coins, of all denominations, are legal tender all over the United Kingdom, with certain caveats.
1p and 2p coins are legal tender up to the value of 20p;
5p and 10p coins are legal tender up to the value of £5;
20p and 50p coins are legal tender up to the value of £10; and
£1, £2, £5 (rare and commemorative) and gold coins of the realm are legal tender to any denomination.
2006-11-11 01:16:40 · answer #1 · answered by Boring Old Fart 3 · 0⤊ 0⤋
It was one of the sweeteners for Scotland when the countries united in 1707 along with our Laws, religion and education systems.
Don't forget our banks are a lot older than the English banks.
If the English had got their way everthing would have been as per what the English wanted at the time. There would probably be no Wales or Scotland I think just one big country called Great Britain or just England (not that there is any GREAT about this island of ours).
2006-11-11 01:22:05 · answer #2 · answered by dunfie 2 · 0⤊ 0⤋
Up to £0.20p in copper is legal tender and up to £5.00 in silver. ANything above that and shopkeeper can refuse xx
2006-11-11 01:14:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋