Stores not taking old pound coins today...?

[poo at Paul's]

Hi, anyone else find any stores refusing to take the old pound coins today? Plenty in the press about some retailers carrying on accepting them next week etc, but I found Wickes today refused to take them, I was in at 430pm and they said they finished taking them at 4pm. I suggested if they didn't want to accept legal tender after 4pm, they should close at 4pm.

Anyone else find retailers would not accept them today?

[Yipper]

Tesco, Iceland and others will accept them next week. And the banks will take them for months.

https://www.theguardian.com/money/2017/oct/14/old-...

[LaurasOtherHalf]

I'll keep taking them for ages. The banks still accept them so all I need to do is make sure the girls don't give them back out as change.

We got an old paper fiver the other week. Who cares it's all money

[Wacky Racer]

I can't see a problem. A business, or anyone else for that matter can continue to pay the old round coins into their own bank for months yet.

My bank have just asked me to separate the old ones from the new ones simply to make it easier for them to process.

[Stoofa]

poo at Paul's said:

Hi, anyone else find any stores refusing to take the old pound coins today? Plenty in the press about some retailers carrying on accepting them next week etc, but I found Wickes today refused to take them, I was in at 430pm and they said they finished taking them at 4pm. I suggested if they didn't want to accept legal tender after 4pm, they should close at 4pm.

Anyone else find retailers would not accept them today?

Well of course you could suggest that to them - but then they don't have to accept any form of payment from you at all. I mean, at the end of the day it is totally their choice to accept your custom or not.

[QuickQuack]

poo at Paul's said:

I suggested if they didn't want to accept legal tender after 4pm, they should close at 4pm.

I think you'll find that the old £1 coin stoped being legal tender a day earlier, on Saturday 15th October, so unfortunately you seem to be the one at fault here as you're trying to pay for your purchase with non-legal tender which shops, indeed even banks, are not obliged to accept. Withdrawn banknotes and demonetised coins stop being legal tender on the date of withdrawal although the face value is guaranteed to be paid out by BoE for all time.

[TooMany2cvs]

QuickQuack said:

I think you'll find that the old £1 coin stoped being legal tender a day earlier, on Saturday 15th October

Saturday was 14th. Sunday was 15th. Today, Monday, is 16th.

That apart, I'm just surprised that Wickes was still open at 4.30pm on a Sunday.

[dreamer75]

Yipper said:

Tesco, Iceland and others will accept them next week. And the banks will take them for months.

https://www.theguardian.com/money/2017/oct/14/old-...

Interestingly I tried to pay for petrol at Tesco yesterday with the remainder of my pound coins. First they refused to take them, they they said they would take a small number of them (not all), then after a discussion about the fact they were still legal tender they finally agreed to take them. Not sure what response I would have got today !!!

[tigger1]

You had no debt with them, they're not obliged to take your money / sell you goods.

Get over it.

Surely all the powerfully-built PH directors don't use cash anyway, it's all on plastic?

[Vaud]

QuickQuack said:

I think you'll find that the old £1 coin stoped being legal tender a day earlier, on Saturday 15th October, so unfortunately you seem to be the one at fault here as you're trying to pay for your purchase with non-legal tender which shops, indeed even banks, are not obliged to accept. Withdrawn banknotes and demonetised coins stop being legal tender on the date of withdrawal although the face value is guaranteed to be paid out by BoE for all time.

I think you will fin that you are wrong.

"The legal tender status of the round £1 coin will be withdrawn from 23.59 on Sunday 15th October 2017"

https://www.thenewpoundcoin.com/

[CAPP0]

I was unable to use our last two old-style pound coins in a council-run parking machine yesterday, which was mildly irritating.

[HantsRat]

poo at Paul's said:

I suggested if they didn't want to accept legal tender after 4pm, they should close at 4pm.

It was not legal tender. You were wrong.

[Vaud]

HantsRat said:

It was not legal tender. You were wrong.

Why was it not legal tender?

[QBee]

CAPP0 said:

I was unable to use our last two old-style pound coins in a council-run parking machine yesterday, which was mildly irritating.

They all had to change their machines.....

I DID manage to use mine in Sainsbury's on Saturday, but the auto till machine had already been changed to new coins only, so I had to ask nicely.

By the way, I think that shops etc are not compelled to allow you to use say 10,000 one penny coins to pay a £100 bill. I believe there is a reasonableness clause in the legislation that covers such matters.

[832ark]

They were never obliged to accept them at all or any other form of payment for that matter. I think the OP has no concept of what ‘legal tender’ actually means.

[grumpyscot]

TooMany2cvs said:

That apart, I'm just surprised that Wickes was still open at 4.30pm on a Sunday.

They're open 9am to 6pm up our way on a Sunday

[PAULJ5555]

Just plonk them on the counter and walk out - you have then paid.

[Sheepshanks]

PAULJ5555 said:

Just plonk them on the counter and walk out - you have then paid.

I would say you haven't. You've just left some random tokens on the counter.

[TooMany2cvs]

grumpyscot said:

TooMany2cvs said:

That apart, I'm just surprised that Wickes was still open at 4.30pm on a Sunday.

They're open 9am to 6pm up our way on a Sunday

Ah, yes. Different Sunday trading laws up your way.

[Mandalore]

If only someone at the bank had taken out a load of advertising to tell people in advance that the coins were being phased out on a certain date.

People might then have worked out that the smart move was to get rid of them at least a week in advance.


If only.....