2007-03-12 21:22:18 · 16 answers · asked by wendyflip23 2 in Business & Finance ➔ Credit
yes
2007-03-12 21:24:12 · answer #1 · answered by Plasmapuppy 7 · 1⤊ 1⤋
The £5 crown piece is issued to commemorate special occasions of national importance. These coins are not intended to be a permanent feature of the United Kingdom circulation coinage, rather they are intended as souvenirs.
In its present form, the cupro-nickel crown has a face value of £5 it was increased to this value from 25p in 1990. This increase gives the coin a value consistent with its weight and size in relation to present range of coins.
Each new crown issue is authorised by Royal Proclamation, as required by the Coinage Act of 1971. A crown therefore has legal tender status, but since it is not a circulation coin, most retailers will refuse to accept it. In recognition, however, that some people may wish to exchange a crown piece given or purchased as a souvenir, post offices have agreed to accept crowns in exchange for goods and services.
2007-03-13 04:31:55 · answer #2 · answered by Anonymous · 2⤊ 2⤋
Yes
2007-03-14 09:34:18 · answer #3 · answered by silent1 4 · 0⤊ 0⤋
You can, but you may want to hang onto it and keep it in good condition as it can become worth double face value.
2007-03-14 21:00:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Just take it to the bank it is worth it's face value.
2007-03-13 04:44:33 · answer #5 · answered by redlands 1 · 0⤊ 0⤋
yes
2007-03-13 04:39:27 · answer #6 · answered by Anonymous · 0⤊ 0⤋
yes
2007-03-13 04:30:20 · answer #7 · answered by chocolateluva91 2 · 0⤊ 0⤋
Yes but you might get some strange looks but you certainley can!!!
2007-03-13 04:25:14 · answer #8 · answered by laurabrown26 3 · 0⤊ 0⤋
Yes, but you get some (usually Asian store owners - if that reads 'racist', sorry, but it is so where I live) who will tell you they 'don't have to take them'
2007-03-13 04:35:23 · answer #9 · answered by nativexile 5 · 1⤊ 0⤋
Yes, they're legal tender.
2007-03-13 04:24:29 · answer #10 · answered by Anonymous · 0⤊ 0⤋