definition of "legal Tender" has suddenly changed in Briton...what about in the US and Canada?

Comments

• Sapyx Posts: 2,546 ✭✭✭✭✭

  January 9, 2016 12:51PM

  Another example of scammers breaking things for the rest of us. Though, to be fair, the Royal Mint should never have accepted credit card payments for them.
  
  
  
  As for the legal tender definitions, it hasn't changed at all. The only thing that has changed is the Mint actually issuing advice to Banks on what they should or shouldn't do. But the Mint is really just telling the banks something they should already have known: that they aren't legally obliged to accept any form of currency as a deposit.
  
  
  
  From a legal standpoint, once a legal tender coin has been issued, it's none of the Mint's business what we do with them. It's the Government's business, since the coins belong to the government. And the Government's legal tender laws have not changed, nor have any new changes been proposed. The Royal Mint's FAQ page on the subject">http://www.royalmint.com/help/help/legal-tender-amounts still says that these bullion coins are "legal tender for any amount".

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  Apparently I have been awarded the DPOTD twice.

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