sir Benjamin poolon invented the cash note because when he was 4 , he started being intreseted in old coins and money. Then in 1236 when he was 14 he created the 50 pound note that then was closley followed by the 20 pound note the 5 pound note and the ten pound note.
yes 5 pound coins are legal tender
1700 ÷ 5 = 340Note, there are 100 pennies in a pound.
50
A £5 coin is the exact same value as a £5 note or 5 £1 coins etc
There are 140 of 5p coins in £7
50
No, they wont accept it because they want to have coins to make change for when other people buy stuff with like 50 pound notes - so what will a 5 pound coin come use to them? - Hope this helps.
It is unlikely that there are any fake five pound coins in circulation simply because they are commemorative coins and therefore do not see much circulation, you'd get enough funny looks as it is trying to spend a 5 pound coin. However, there have been reports of people passing off 25p crown sized coins as 5 pound coins. If the coin doesn't say "Five Pounds" on it (and it isn't a gold 5 pound coin!) it has a face value of only 25p.
There are 100 pence in a pound So 5 twenty-pence coins make a pound. If there are 12 pounds in the bag, and it only contains twenty-pence coins, then there must be 12 times 5 twenty-pence coins. 12 x 5 = 60 60 twenty-pence coins = £12.00
The term "new" was only applied to the coins of the British decimal currency from 1968 to 1981 to distinguish between coins of the old currency and coins of the new currency (1 New Penny, 2 New Pence, 5 New Pence, etc). There was no change to the One Pound note at decimalisation and they continued to be called "One Pound" notes. The last Bank of England One Pound note was issued in 1984 and they ceased to be legal tender in 1988.
It is the 'pound' - abbreviated on money markets to GBP. There are one hundred pennies to the pound. Coins are issued in the following values:- 1, 2, 5, 10, 20, 50p, £1 and £2 values. Notes are in £5, £10, £20 and £50 denominations. sometimes commemorative £5 coins are issued.