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to think they should have accepted my old £1 coin?

(79 Posts)
PoppyPopcorn Wed 11-Oct-17 19:43:13

Just tried to pay for some stuff in the Co-Op with a mix of old and new £1 coins. Cashier refused the old ones saying "we don't take those any more".

Now I know there was fuss earlier in the week about some stores continuing to accept them after the cut off, but I thought the cut off was the weekend?

IncyWincyGrownUp Wed 11-Oct-17 19:43:59

You’re right, they’re still perfectly legal tender until close of business in the 15th.

PinkHeart5914 Wed 11-Oct-17 19:44:05

I think the cut off is the weekend but a lot of shops are already saying no

Rainybo Wed 11-Oct-17 19:44:55

Yes my local coop is already refusing

oblada Wed 11-Oct-17 19:44:55

Isn't the cut off the 15th? Had an issue with co-op trying to refuse my old 5pounds note the day before the cut off. I made a bit of a fuss and was helped by friendly person in queue behind so they relented smile

RunningOutOfCharge Wed 11-Oct-17 19:45:44

whats the problem op?

PickAChew Wed 11-Oct-17 19:45:46

A lot of shops have said they won't take them after the 10th when they've been told that they should really accept them after the deadline because there's still not enough new coins in circulation.

PoppyPopcorn Wed 11-Oct-17 19:47:03

Just a bit of a pain as I had to root through my purse for another coin when the one I'd originally tendered was perfectly legal...

oblada Wed 11-Oct-17 19:47:07

Why on earth are the shops refusing to take them before the deadline? What's the point of the bloody deadline then? It's legal tender they should accept...

thelastredwinegum Wed 11-Oct-17 19:47:07

Legal tender just means if you settle a debt with it, it must be accepted.

It's the shop's prerogative to what coins/notes they accept.

WitchesHatRim Wed 11-Oct-17 19:47:37

A lot of shops have said they won't take them after the 10th when they've been told that they should really accept them after the deadline

The 10th is 5 days before the deadline

RunningOutOfCharge Wed 11-Oct-17 19:49:33

who said that pick? 'told' by whom?

PoppyPopcorn Wed 11-Oct-17 19:49:58

Why on earth are the shops refusing to take them before the deadline? What's the point of the bloody deadline then? It's legal tender they should accept...

You'd have thought so. I would also imagine that the Co-Op would be banking the takings every night so it's easy to take the old ones out of circulation. I volunteer at a charity shop and that's what we've been doing for weeks - banking old coins and keeping only new in the float.

lurkingnotlurking Wed 11-Oct-17 19:50:45

My local coop once refused to accept my little pile of precounted coins. I had nothing else with me and left humiliated without my shopping.

RunningOutOfCharge Wed 11-Oct-17 19:51:49

banking every night?? businesses don't all have that luxury!

oblada Wed 11-Oct-17 19:54:22

They don't need to bank every night, as long as they already have to take their money to the bank at some point I can't see the point of moving the deadline forward and making it harder for customers rly...

PoppyPopcorn Wed 11-Oct-17 19:54:25

I appreciate that not all businesses can bank every night. But this is a reasonably large shop we're talking about, which is open 6am to 10pm, has a cash machine, plenty of staff. It's not a one man band corner shop.

IncyWincyGrownUp Wed 11-Oct-17 19:54:40

We only used to bank weekly, and it was a quite big clothes shop. Christmas you might have twice weekly if needed.

It’s still knobbish to not take the coins. Apparently it’s because they can’t be bagged with the new coins, which is oh so very hard to work around.

Bluelonerose Wed 11-Oct-17 19:57:46

They shouldn't be allowed to give them out in change then if they won't except them.
I got given one today.

RunningOutOfCharge Wed 11-Oct-17 19:57:47

no they are different weights!

WitchesHatRim Wed 11-Oct-17 19:58:52

Banks will take them for many months to come so that argument is redundant.

JonSnowsWife Wed 11-Oct-17 19:59:43

They shouldn't be refusing at all.

They do not stop being legal tender until the 15th. They're just being arse for the sake of it.

Mum2jenny Wed 11-Oct-17 19:59:45

I got given one today too

BlueCows Wed 11-Oct-17 19:59:58

I was coming in to say not even the co-op are accepting them! And then see it was the co-op. Here they haven't been accepting them for nearly two weeks, apparently on orders of head office. Though some people on local news site said their local branch still was.

SpotAGuillemot Wed 11-Oct-17 20:01:31

I was given an old pound coin in change from co-op today.

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