Pre 1982 they were denominated as "new pence": post 1982 as "pence": they are all based on pence that are 1% of a pound Legal tender. 4 Right to receive other notes in exchange for currency notes. If your local bank, building society or post office won’t accept them, then you can exchange them with us. All £20 notes were withdrawn from legal tender last year, but people still trade with them, without problems. This is essentially a Jersey-based version of the British pound since it is not actually a separate currency. However, they are only legal tender within the Crown Dependencies themselves. The plastic version, which features … Is it safe for ethnic minorities  to travel and live within the United Kingdom ? It’s actually about settling debts rather than how you can pay for things. Jersey banknotes can be exchanged like for like with other sterling banknotes. MORE than £120million worth of old pound coins are still missing three years after they stopped being legal tender. Continue to 10 of 15 below. In this Order, the “Law” means the Decimal Currency (Jersey) Law 1971 [2].. 2 Additional category of coins specified as legal tender (1) Coins of the denomination of £1 and of the description set out in paragraph (2) which are issued in a manner described in Article 4(1) of the Law shall be legal tender for the payment of any amount. But it doesn’t mean they will be. You might have heard someone in a shop say: “But it’s legal tender!”. Compared to UK issued coins, Jersey coinage ... it almost 5 times RARER than the 2011 Edinburgh £1 which holds the proud title as the rarest and most sought after UK pound ever struck for circulation in the UK. The Guernsey pound, and other notes denominated in pound sterling (including those issued by the Bank of England, Scottish, Manx and Northern Irish notes and the Jersey pound) may be used in Guernsey.The Guernsey pound is legal tender only in the Bailiwick of Guernsey although it also circulates freely in Jersey, while in the UK acceptance is often problematic. Throughout the United Kingdom, coins valued 1 pound, 2 pounds, and 5 pounds Sterling are legal tender in unlimited amounts. The States of Jersey took the opportunity to redesign the notes and highlight different aspects of Jersey's diverse architecture, history and culture at the same time. They have £1 notes in Jersey though. However, even though Jersey accepts both currencies, the UK does not consider the Jersey Pound legal tender. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. There is more to legal tender than the particular notes and coins offered, and the whole business is badly understood. 1. Doesn't worry them. The pound is worth a pound in Jersey! The only legal tender in Scotland is £1 and £2 coins. The daughters gran was in Jersey last year & she forgot she had money left over. There are however some shops that list prices and will accept payment in Euros. The Houblon £50 note was introduced in April 2014 but is no longer legal tender. Currently, 20 pence pieces and 50 pence pieces are legal tender in amounts up to 10 pounds; 5 pence pieces and 10 pence pieces are legal tender in amounts up to 5 pounds; and 1 penny pieces and 2 pence pieces are legal tender in amounts up to 20 pence. No one will even notice with the coins. Are British people so obsessed with Stonehenge ? English banknotes aren’t legal tender in Scotland. So it is a case of someone being sympathetic and helping you out, there is no legal duty for anyone in the UK to accept your Jersey bank note. Nobody will accept them (Bureau de change etc) other than back in Gibraltar, so I wonder if they are legal tender anywhere other than in Gibraltar. She gave my oldest daughter a £10 Jersey bank note last week that has the queens head on it,but because it does not say Sterling,the bank said they can't accept it. In Scotland and Northern Ireland it’s only Royal Mint coins and not banknotes. Jersey British Pound - GBP The island of Jersey uses the British pound as its official currency. The Bank of England says 94 million paper tenners and 118 million paper fivers haven’t been handed in, even though they can still be exchanged at face value. But that’s not the case. The old style notes will continue to circulate alongside the new notes and will be … Force to the well-known phrase 'that 's legal tender only in Jersey pounds are currency! 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