new £5 coins

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  1. tamimi's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,568
    Re: new £5 coins
    (Original post by Ice Constricter)
    calm down.
    I really should..
  2. Ice Constricter's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    Re: new £5 coins
    (Original post by tamimi)
    I really should..
    Have you googled the £5 coins? They look weird don't they?
  3. A Mysterious Lord's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Location: Lancashire
    • Posts: 3,818
    Re: new £5 coins
    Yes the £5 coin, the only unit of currency that is completely useless - no machines accept it and shopkeepers look at you as if you've just handed them a dead baby.
  4. tamimi's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,568
    Re: new £5 coins
    (Original post by Ice Constricter)
    Have you googled the £5 coins? They look weird don't they?
    I disapprove of their existence. I always knew they had limited edition ones like the Diana thing but I didn't realise they were actually in circulation.

    You live you learn.
  5. Dmon1Unlimited's Avatar
    • TSR Demigod
    • Posts: 7,007
    Re: new £5 coins
    pay £5 with £5 P&P for £5 coin
    Spoiler:
    Show


    on a side note...
    what are the pros and cons of coins over notes?
    Last edited by Dmon1Unlimited; 09-05-2012 at 20:10.
  6. Ice Constricter's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    Re: new £5 coins
    (Original post by tamimi)
    I disapprove of their existence. I always knew they had limited edition ones like the Diana thing but I didn't realise they were actually in circulation.

    You live you learn.
    They're rare and most people don't know they exist. Just try handing in a £5 coin to a shopkeeper on April fools. See what happens.
  7. tamimi's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,568
    Re: new £5 coins
    (Original post by Ice Constricter)
    They're rare and most people don't know they exist. Just try handing in a £5 coin to a shopkeeper on April fools. See what happens.
    He tells me in May
  8. amime's Avatar
    • Peer Of The TSR Realm
    • Location: West Midlands
    Re: new £5 coins
    (Original post by Dmon1Unlimited)
    pay £5 with £5 P&P for £5 coin
    Spoiler:
    Show


    on a side note...
    what are the pros and cons of coins over notes?
    Easier to deal with smaller sums of money? I doubt people would want notes worth 1p that'd be **** loads of paper.
  9. sconter's Avatar
    • Peer Of The TSR Realm
    • Posts: 1,717
    Re: new £5 coins
    there are alot of 'mints' with but most are worthless.

    no coins wont replace notes.
  10. Ice Constricter's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    Re: new £5 coins
    (Original post by Dmon1Unlimited)
    pay £5 with £5 P&P for £5 coin
    Spoiler:
    Show


    on a side note...
    what are the pros and cons of coins over notes?
    Pros

    - Coins are more tougher (notes can tear)
    - Coins have other uses (used for scratch cards, determines who goes 1st with head or tails)
    - Waterproof
    - Good for paying for low cost items
    - Last much longer than notes since metal is far more resisant than paper.

    Cons

    - Can be heavy when carried in large amounts.
    - Each individual coin cost more to make despite being worth less (lol the irony) although notes are more expensive to produce in the long run.
    - You need a lot of coins if you want to pay any decent amount of money.
    - They're bulkier
    - More likely to spread germs.
    Last edited by Ice Constricter; 09-05-2012 at 20:54.
  11. marcusfox's Avatar
    • TSR Demigod
    • Location: Manchester
    • Posts: 7,160
    Re: new £5 coins
    (Original post by amime)
    Easier to deal with smaller sums of money? I doubt people would want notes worth 1p that'd be **** loads of paper.
    I was in Mongolia last year. They use the Tugrik(Togrog) as their currency. When I was there, there were just over 2000 of them to the Pound. They do not use coins whatsoever, so thats 20T for a penny equivalent. Yes, they do have this banknote. There were beggars on the street who had cardboard boxes and people would throw 10T and 20T notes into them.

    I came back with a lot of souvenir notes, including 1 Tugrik banknote.
    Last edited by marcusfox; 09-05-2012 at 22:31.
  12. Powersymphonia's Avatar
    • Overlord in Training
    • Location: Yorkshire
    • Posts: 2,888
    Re: new £5 coins
    I wish they would put five pound coins into mass circulation. I'm fed up of getting tatty fivers in my change!
  13. Clare~Bear's Avatar
    • Vengeful, Imperial Overlord of The Student Room
    • Posts: 3,559
    Re: new £5 coins
    The website they give is www.westminsterorders.com

    (Original post by Dmon1Unlimited)
    pay £5 with £5 P&P for £5 coin
    Spoiler:
    Show


    on a s ide note...
    what are the pros and cons of coins over notes?
    Its free p&p

    Notes fit in a wallet/purse easier and are lighter.
  14. Hopple's Avatar
    • TSR Idol
    • Location: London
    Re: new £5 coins
    (Original post by Clare~Bear)
    Apparantly my household is 'among those specially selected to recieve this notification of britains new legal tender 2012 £5 coin.' !!! Am I right in thinking that they actually got sent to every house?

    At least you do only have to pay £5 and no P&P . . .

    Are they going to replace £5 notes ie will any more £5 notes be made? And will the coins continue to be made?
    Scam. Even if not, you're less likely to get it accepted in a shop than a fiver or normal coins.

    I think the usual thing here is to buy it as an ornament if you like it, or in the hope that someone else will buy it off you for more in the future.
  15. Play-A-Record!'s Avatar
    • Exalted Member
    • Posts: 305
    Re: new £5 coins
    I've just had a look online and it all seems totally legitimate.

  16. Powersymphonia's Avatar
    • Overlord in Training
    • Location: Yorkshire
    • Posts: 2,888
    Re: new £5 coins
    (Original post by Hopple)
    Scam. Even if not, you're less likely to get it accepted in a shop than a fiver or normal coins.

    I think the usual thing here is to buy it as an ornament if you like it, or in the hope that someone else will buy it off you for more in the future.
    Still more likely than trying to get rid of 50 pound note though. They're only fit for flling up millionires swimming pools.
  17. DanLorenzo's Avatar
    • Adored and Respected Member
    • Location: London
    • Posts: 491
    Re: new £5 coins
    I hope not. They'll be slipping out of my back pocket and everything.
  18. 0range's Avatar
    • Exalted and Worshipped Member
    Re: new £5 coins
    I bought like 5 of these olympic coins for £5 each!, so didn't really lose anything. Plan on selling them in the future for £7 each?
    OP your one does sound like a scam though.
  19. Hopple's Avatar
    • TSR Idol
    • Location: London
    Re: new £5 coins
    (Original post by Powersymphonia)
    Still more likely than trying to get rid of 50 pound note though. They're only fit for flling up millionires swimming pools.
    I suggest swapping a fifty for five tens or even 2 twenties plus a ten or fifty £1 coins over ten £5 coins...
  20. Dmon1Unlimited's Avatar
    • TSR Demigod
    • Posts: 7,007
    Re: new £5 coins
    (Original post by Clare~Bear)
    The website they give is www.westminsterorders.com



    Its free p&p

    Notes fit in a wallet/purse easier and are lighter.
    i know :pierre:

    i like the thought of getting one, not to think of it as currency that can be used in a shop, but to act like a OMGWTFWOBBAFET special coin, like the titanic one they have on that site.... my precious

    id flip it and pretend its lucky...
    Spoiler:
    Show
    yes i know im weird :lolwut:
    Last edited by Dmon1Unlimited; 09-05-2012 at 22:56.
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