Legal Tender is a "concept", which most people normally
confuse with "cash", banknotes, coins etc.

Although supermarket checkouts only normally make
reference to "Cash and Cards" not "Cards and Legal Tender"

So that while the Royal Mint offers "practical" definitions
such as

quote:

Coins are legal tender throughout the United Kingdom for the following
amount:

£1 - for any amount

unquote

https://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines/


They're not quite so forthcoming in respect to the following

quote: 16 Mar 2017 · The Royal Mint has revealed that one in 30 of the
current £1 coins, which have not been replaced for more than 30 years, are counterfeit.

unquote:

https://www.getsurrey.co.uk/news/uk-world-news/old-1-coins-shocking-counterfeit-12750023

So are those 1 in 30 counterfeits "legal tender" as well ? Well obviously
not.

Or take banknotes

quote:

How many counterfeit banknotes are in circulation?
The vast majority of counterfeits are discovered before they go back into circulation, when retailers and the banking system are sorting them.
In the first half of 2023 [...] Some 73,000 counterfeit Bank of England banknotes with a nominal face value of £1.5 million were taken out of circulation.

Counterfeiting has substantially reduced since 2019 as a result of a combination of factors.... [ so one can only guess at the figures
beforehand ]

unquote:

https://www.bankofengland.co.uk/banknotes/counterfeit-banknotes

So that whatever the "practical" definitions may say, "Legal Tender" can
never be synonymous with cash.

If only because of the ever present possibility of there being counterfeit coins or notes in circulation, which the ordinary member of the public is unable to detect.

Although for fairly obvious reasons, neither the Royal Mint nor the
BoE websites are going to be falling over themselves to stress this
angle,

So that as previously stated ad-nauseam, the only unassailable definition
of Legal Tender, is that payment which a creditor is bound either to accept
or decline and thus cancel a debt, which is issued from a Court; in this
case
from the Courts Fund Office. Even if it's got pictures of Mickey Mouse on
the back (joke)



bb

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So are those 1 in 30 counterfeits "legal tender" as well ? Well obviously not.

The counterfeit ones work just as well as currency, and we haven't had
to go to the expense of making them ourselves. What's not to like? :)

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On Friday, 20 October 2023 at 12:41:35 UTC+1, GB wrote:

So are those 1 in 30 counterfeits "legal tender" as well ? Well obviously not.

The counterfeit ones work just as well as currency, and we haven't had
to go to the expense of making them ourselves. What's not to like? :)

The self service tills at the local Tesco don't seem to be able to detect dodgy notes.

In my defence, I don't abuse it, just a couple of £30 transactions a week.

They have cameras on their self-service checkouts so a face covering is needed but other than that it's great here in the UK :-)

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On 21/10/2023 17:50, Tony The Welsh Twat wrote:

On Friday, 20 October 2023 at 12:41:35 UTC+1, GB wrote:

So are those 1 in 30 counterfeits "legal tender" as well ? Well obviously >>> not.

The counterfeit ones work just as well as currency, and we haven't had
to go to the expense of making them ourselves. What's not to like? :)

The self service tills at the local Tesco don't seem to be able to detect dodgy notes.

In my defence, I don't abuse it, just a couple of £30 transactions a week.

They have cameras on their self-service checkouts so a face covering is needed but other than that it's great here in the UK :-)

At one time, due to inflation, the low value Italian coins were worth
more as scrap than as Lire. The result was that there were no low value
coins in circulation, and the vendors gave out small sweeties as change.
Sadly, they didn't accept small sweeties as payment. :)

--- SoupGate-Win32 v1.05
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On 22/10/2023 16:45, GB wrote:

At one time, due to inflation, the low value Italian coins were worth
more as scrap than as Lire. The result was that there were no low value
coins in circulation, and the vendors gave out small sweeties as change. Sadly, they didn't accept small sweeties as payment. 🙂

Yep, around the late 1970, I was there - no one told to expect the
sweeties..

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On Sunday, October 22, 2023 at 7:09:13 PM UTC+1, GB wrote:

On 21/10/2023 17:50, Tony The Welsh Twat wrote:

On Friday, 20 October 2023 at 12:41:35 UTC+1, GB wrote:

So are those 1 in 30 counterfeits "legal tender" as well ? Well obviously >>> not.

The counterfeit ones work just as well as currency, and we haven't had
to go to the expense of making them ourselves. What's not to like? :)

The self service tills at the local Tesco don't seem to be able to detect dodgy notes.

In my defence, I don't abuse it, just a couple of £30 transactions a week.

They have cameras on their self-service checkouts so a face covering is needed but other than that it's great here in the UK :-)

At one time, due to inflation, the low value Italian coins were worth
more as scrap than as Lire. The result was that there were no low value
coins in circulation, and the vendors gave out small sweeties as change. Sadly, they didn't accept small sweeties as payment. :)

See also https://www.sciencefocus.com/science/are-some-coins-worth-more-as-scrap-metal

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