MilesBuzz! - UK Coins at face value (free shipping): £5 for £5 pack




Johnny Rocket
Nov 2, 09, 12:00 pm
I remember reading about this burried somewhere in the $1 Coin thread but wondered if any of our UK OP's had taken advantage of the Royal Mint's £5 for £5 pack?

http://www.royalmint.com/store/BritishBase/LUKC1.aspx

There is free shipping and you can order up to 99 in one go to any UK address.

If American's thought getting rid of $1 were difficult, £5 are even more so.

For although they are legal tender, they are not in general circulation and are often used for commerative occasions such as the Queen's birthday / anniversary / Prince Charles marriage / Olympics coming London etc.

Nontheless, the Royal Mint which produces the coins states that the £5 coin can be exchanged at Post Offices for "goods and services".

Conveniently most Post Offices can also pay into your bank account so you could in theory pay directly into your checking account.

However, I am sure the transaction would be viewed as rather unusual.


mrpickles
Nov 2, 09, 12:54 pm
For UK residents only. I wonder if they can be bought and shipped HFPU at a hotel or post office? Would be great for a mileage run to pay for the hotel. Or perhaps open an online bank account and have them shipped directly to the bank?

jabrams72
Nov 2, 09, 1:01 pm
Actually, shipping appears to be £2.95


Johnny Rocket
Nov 2, 09, 1:22 pm
Yes - it says shipping £2.95... but it is actually FREE.

A bit like how the US Mint says $4.95 initially. Same thing.

jabrams72
Nov 2, 09, 2:17 pm
Yes - it says shipping £2.95... but it is actually FREE.

A bit like how the US Mint says $4.95 initially. Same thing.

Sorry, how can you tell that? I get through to the page where I need to click to confirm order and it still lists the shipping charge. Have you actually gone through with an order?

Johnny Rocket
Nov 2, 09, 4:09 pm
Sorry, how can you tell that? I get through to the page where I need to click to confirm order and it still lists the shipping charge. Have you actually gone through with an order?

Yes I ordered £10.00 worth as a trial run and my card was charged for just the £10.00.

It's an offer from the Royal Mint for a commemorative five pound coin. You send them £5.00, they send you a £5 coin. There's no catch. They can afford to absorb the postage because they don't cost £5 to make. They can be exchanged in Post Offices.

halothane
Nov 2, 09, 5:39 pm
Here we go again...hehehe!

jedikiah
Nov 2, 09, 5:54 pm
Details from elsewhere on the Royal Mint (http://www.royalmint.com/Corporate/facts/coins/FivePoundCoin.aspx) website:

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.
Not clear from that whether the post office would really take kindly to mass depositing but I suppose it can be tested out.

Incidentally I have only ever been offered a £5 coin once in change - from a Post Office.

JudyJFLA
Nov 3, 09, 7:45 am
You could order, bring them over and then ebay them off for say $10 plus shipping each. I have to say the swimming logo on the back is awful, I had to read the description to tell what it was!

JudyJFLA



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