Cryptocurrency Q&A
What is the maximum amount you can pay in coins?
What is the maximum amount you can pay in coins?
BitcoinWarrior
Wed Oct 02 2024
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7 answers
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Excuse me, could you please clarify for me what the maximum amount is that I can pay using coins? I'm interested in knowing if there's a limit to the quantity or denomination of coins that are accepted for payment. It would be greatly appreciated if you could provide me with more information on this matter. Thank you for your time.
7 answers
MountFujiVista
Fri Oct 04 2024
Specifically, the one penny and two pence coins are mentioned in the legislation.
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Dreamchaser
Fri Oct 04 2024
The Coinage Act of 1971 outlines the legal tender status of specific British coins.
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Carolina
Thu Oct 03 2024
Despite this, the one penny and two pence coins remain in circulation today, although their use has become increasingly limited.
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Caterina
Thu Oct 03 2024
According to the act, these coins can only be used as legal tender in certain circumstances.
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HanRiverWave
Thu Oct 03 2024
The one penny and two pence coins are legal tender solely when used to pay for an item or service that costs twenty pence or less.
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