If so, do shopkeepers have to accept stamps as a form of payment? Stamps are a collectable commodity and as such are traded on the open market like any other. Are stamps legal tender ? David Jones, Lee, UK Presentation packs are issued by Royal Mail, and contain mint never hinged stamps issued on a thematic subject as a set or single stamp. ’ 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’. Bank of England £5, £10, £20 and £50 notes are legal tender in England and Wales. 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) But there is no safety to anybody in taking these stamps any longer as money. Are stamps a form of legal tender? Why not take a look at other items on a similar theme? 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! 2011-10-30 10:14:34 2011-10-30 10:14:34. Stamps with added half p are worth only the whole number value so ignore the half p as it is no longer legal tender. 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. 1st class letter-sized stamps will rise from 46p to 60p, and 2nd class letter-sized stamps from 36p to 50p. Unfortunately the old myth about them being legal tender is just that . Forum Member 10/01/13 - 15:06 #7. On the other hand, from a collecting point of view, new and interesting designs are always a bonus! No - only coins and notes of the realm are legal tender. The amounts for legal tender are stated below. 33, 12 Stat. This extends to all the other stamps with halfpenny as part of their value. Shopkeepers are welcome to accept stamps - or anything else, including dollars and euros - but not obliged to accept any form of payment, even Sterling. To help us improve GOV.UK, we’d like to know more about your visit today. But excellent if using for stamps. Are postage stamps legal tender in the uk? Approximately £78.54 (including postage) Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. There are £5, £10 and £20 notes printed on polymer. However, Scottish Bank notes are not Legal Tender, not even in Scotland. It will take only 2 minutes to fill in. These are issued for postal use and are legal tender. Scottish Banknotes are legal currency – i.e. There are four denominations of banknotes in circulation: £5, £10, £20 and £50. We’ll send you a link to a feedback form. they are approved by the UK Parliament. Answer . £50 - for any amount. Apparently stamps are legal tender, but try using them to pay for bus travel. Buy stamps online from Royal Mail. 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). Condition: --not specified : Price: US $99.95. NEW by: John I have been using 'old' decimal GB postage for ages, but always get contradictory advice re the 'half pence' values. With a much lower population than the UK, some of these coins can be extremely rare so it's worth keeping hold of them. Rod and Yvonne Henkun's family have collected commemorative coins for decades. Strange though it may seem, postage stamps are legal tender in England and Wales (not sure about Scotland). 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 … They have not the slightest intrinsic value. Report the shop . Princess Diana Limited Edition Collectors Set of Legal Tender Stamps 1997. Are postage stamps legal tender in the uk? The Bank of England banknotes. JB3 wrote: » Yes it is illegal, stamps are legal tender and as such have a monetary value. They are not a legal tender. Be warned, not accepted on the bus. In fact, no banknote whatsoever (including Bank of England notes!) Commemorative stamp packs (sets or miniature sheets) and definitive packs. David Brent and Gareth talking about the postage stamp being legal currency. I can't find any evidence for this, other than David Brent's assertion. Limited edition of only 500. It perfectly combines an official legal tender Remembrance Coin along with four stamps which represent the armed services. Well… it’s possible, it’s legal, but it may not be that easy. £20 - for any amount Unless they print out the stamp. 4 years ago. Wiki User Answered . Asked by Wiki User. The Legal Tender Conundrum ‘But’ – I hear you say – ‘ you just said they were legal tender! The Halfpenny Stamps 31.07.1969 | Last Day of Legal Tender, Postmarked at Newtownards sold out. may be accepted as a form of payment, but are only a conduit to eliminating a debt (e.g. But i dont see a problem with using them to pay for part postage, as they will probably stick stamps on anyway. Issue: 31st July 1969 - The Halfpenny Postmark: Newtownards CDS Postmark. Price: £24.95 inc. VAT. 0. Top Answer. Sign in for checkout Check out as guest . Hmm, I'll see if I can find anything online. However, they are not legal tender in Scotland and Northern Ireland. They will not be redeemed by anybody. Who was the first non royal to appear on a postage stamp? Legal tender typically refers to instruments that fully extinguishes a debt. Ignore it and count only the larger amount for this, other than David Brent assertion! 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