They are not a legal tender. Some varieties even had a perforated stamp-like edge. $5 "PHILADELPHIA" (NATIONAL CURRENCY) 1882 $5 "PHILADELPHIA" (BROWNBACK) RARE!!! Our use of cookies . The book went away so did the stamps and today the US postage is not legal tender. Stamps are not legal tender in Australia, in fact Australia Post won't even accept them for any other transaction. 12 bids. In high value non-circulating coins, such as $5 and up, the limit is one coin, except for Montreal Olympics commemoratives, where legal tender are units of two coins as they are governed by a different act. C $7.60 shipping. While you are free to accept stamps as payment for a service or goods, there is no legal obligation for you to accept them when offered and you have no legal recourse if payment in stamps is refused! So a stamp will always be worth (at minimum) the value listed on it. C $19.76 shipping. Subsequent issues would no longer include images of stamps and were referred to as Fractional Currency. Legal tender: something (as pieces of stamped metal or printed paper) customarily and legally used as a medium of exchange, a measure of value, or a means of payment. It’s actually about settling debts rather than how you can pay for things. However, they are not legal tender in Scotland and Northern Ireland. Debit cards, cheques and contactless aren’t legal tender anywhere. Also features an official Australia Post stamp. 1 bid. See more. 11 and a half counts as 11p 2. The crime of making, using, or vending stamps that have been canceled is a felony, and is punishable by imprisonment for three years, and by a fine of one thousand dollars. 1917: $1.00 : Legal Tender Note: Teehee/ Burke: A23426454A: Fr. PCGS graded Fr.16c 1862 $1 Legal Tender One Dollar United States Large Size 8490. Legal tender has a specific meaning that we have described in a previous blog post. The amounts for legal tender are stated below. C $127.16. (a) legal tender notes; notes of any bank of issue, or notes which are currency, in Ireland or any other country or state; (b) Postal Money Orders or Foreign Currency Drafts; (c) unobliterated postage or revenue stamps, whether embossed or adhesive; Some years ago the postal service [still available in some countries in Europe] used to have "saving stamps" which you would adhered to a small book that you would also get at the post office, once it was full it could be tendered for cash at the post office. How to use legal tender in a sentence. They will not be redeemed by anybody. 59 sold. Some years ago the postal service [still available in some countries in Europe] used to have "saving stamps" which you would adhered to a small book that you would also get at the post office, once it was full it could be tendered for cash at the post office. C $20.35. Many people are confused about what legal tender means. US postage stamps are made by the United States Postal Service and they are not manufactured outside the country. While not considered a legal tender, postage currency could be exchanged for United States Notes in $5 lots and were receivable in payment of all dues to the United States, up to $5. Find another word for legal tender. Generally speaking - no. Shipped with USPS First Class. Typically, we find, these people have had a dispute with a seller over payment methods, for instance, a seller may insist on EFTPOS while the customer wants to use cash. 4) Are US postage stamps made in China? No. The coin and stamp are united in a beautifully illustrated Christmas cover. AnswerAll US postage stamps issued since the Civil War (i.e., 1861-65) are still valid for postage at the price indicated on the stamp. The book went away so did the stamps and today the US postage is not legal tender. 22 February 2008 at 10:36AM. Replies. In the United States, all paper money and coins, in all its denominations, are accepted as legal tender. 26 posts. To withdraw the status of legal tender from a coin (etc.) For example, a roll of 50 pennies is not considered legal tender since the ‘legal tender’ limit is 40 pennies. 31 USC 5103 states: “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.” As the U.S. Treasury Department has noted, however, there is no Federal law requiring a business to accept cash as payment: Free shipping . More to explore : … $100.00 18 bids + $3.99 shipping . This large sized note is known also as the Bracelet Note due to the design on the reverse featuring two types of ovals and two types of shields. Features a Perth Mint full-colour Australian legal tender Christmas coin. THREE 1928 US $2 UNITED STATES RED NOTE. US postage stamps are not legal tender and thus they cannot be taken for payment of goods and services. The added 1p was a charity donation so ignore it and count only the larger amount. To declare ineligible or worthless as a medium of exchange or as legal tender. I once tried to pay for part of a pre-paid parcel post satchel with Australia Post stamps at a shopfront. On the other hand, coins made of gold or silver may not necessarily be legal tender, if they are not fiat money in the jurisdiction where they are preferred as payment. ... Stamps United States; Storage & Processing; Tokens & Medals; Tools of the Trade; US Coins; World Coins; Other. I was always under the impression that stamps are legal tender so what is to stop you buying £1,000s of stamps at Costco and then paying them straight into your bank account, making an immediate 5%, or so, profit? C $102.12. The long answer is that altering United States legal tender is allowed so long as half of the bill is still legible and numbers or other identifying elements, such as Federal Reserve IDs, remain unaltered.. $127.50 31 bids + $6.00 shipping . 1 bid Ending Today at 14:07 EST 2h 22m. While it looks like a prop from a sci-fi-themed game show, it is actually legal tender that will set you back $14.95. With just 6,000 issued, don’t miss this opportunity! 22 February 2008 at 10:36AM. A $2 bill, to be exact, with Space Force-themed artwork created in tribute to the creation of the space service branch of the US military. C $16.54. Stamps with added half p are worth only the whole number value so ignore the half p as it is no longer legal tender. Find another word for legal tender. Richard . US 1880 $20 "Hamilton" Legal Tender FR 147 PMG 25 Ch VF (525) $674.95. 1880 LEGAL TENDER $1 DOLLAR UNITED STATES BRUCE/Wyman PMG-40 Extremely Fine. Click add to cart now! 3) Are US stamps legal tender? A stamp, no matter how old, will be rejected if: The border is damaged or torn; The price/value of the stamp is illegible, blurred, smeared or covered; If you put tape over the stamp in order to ensure it adheres to the envelope - the USPS specifically calls this out as a reason for rejecting (and gluing also technically will get rejected as well) So there is no need to exchange it towards something more current. 0 bids. No. Inspired? Confused? You could try creating your own (non-legal) tender using these Photoshop tutorials. Shipped with USPS First Class. Stamps are a collectable commodity and as such are traded on the open market like any other. 1880 LEGAL TENDER $1 DOLLAR UNITED STATES BRUCE/Wyman PMG-40 Extremely Fine. Historic American LIGHTHOUSES Colorized U.S. State Quarters 28-Coin Set with BOX. Ending 20 Dec at 22:56 EST 9d 11h. They have not the slightest intrinsic value. The vignette on the front seems to hearken back to an older time, even for 1917. C $12.70. – From @tubmanstamp on Twitter. 1267 followers us_stamp_shop (20544 us_stamp_shop's feedback score is 20544) 99.9% us_stamp_shop has 99.9% Positive Feedback Welcome to the US Stamp Shop. C $5.73 . PCGS GEM UNC 65 PPQ 1917 $2 Legal Tender Two Dollar Bill … Mnuchin's predecessor, Treasury Secretary Jack Lew, announced in 2016 that the US would swap out Jackson, the slave-owning president whose legacy is … 1943 Post Office Department, U.S., A Description of United States Postage Stamps Issued by the Post Office Department from July 1, 1847, to April 1, 1945 [sic]. Notes: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. Mar 5, 2019 - Find many great new & used options and get the best deals for World Coin Stamp Banknote Collection - Legal Tender Currency Coin of 66 Nations at the best online prices at … Coins: Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. Deuce! 0 « 1 2 » Search. I don't think so - only coins (in denominations up to … Ending 17 Dec at 15:43 EST 6d 3h. Reminder: Effective January 1, 2021, the Government will remove legal tender designation from certain bank notes that are no longer being produced—the $1, $2, $25, $500 and $1,000 notes—the final step to fully removing them as transactional notes in Canada. Scottish notes aren’t legal tender in England or Scotland. When the clock officially rolls over into 2021, tens of millions of old Canadian bills will lose their legal tender status, meaning they technically can’t be used in transactions. Legal tender definition, currency that may be lawfully tendered in payment of a debt, such as paper money, Federal Reserve notes, or coins. Lot of 7 1928 1953 Series Red Seal $2 Two Dollars US Notes . C $24.04 shipping . But there is no safety to anybody in taking these stamps any longer as money. Let us help you out. Other disputes, we find, also occur when two types of currency are circulating. Fr-37 Series 1917 United States Legal tender $2 note Red seal . Legal tender definition is - money that is legally valid for the payment of debts and that must be accepted for that purpose when offered. A similar rule applies to other coins, depending on denomination. 25 synonyms of legal tender from the Merriam-Webster Thesaurus, plus 55 related words, definitions, and antonyms. On the other hand, to facilitate transactions, the way the legal tender is delivered might be negotiated. David Brent and Gareth talking about the postage stamp being legal currency. Learn about legal tender bank notes, what removing legal tender status means and which bank notes are affected. It was not accepted, despite stamps being dollars already paid to Australia Post. The Reserve Bank occasionally fields queries from the public about the rules of legal tender. C $24.33 shipping. Please add us to your list of favorite sellers and visit often. The short answer is; yes, it is perfectly legal. C $7.60 shipping. 62 watching. 3 2006 Nebraska State Quarters-Silver Plated, Gold Plated Hologram and Colorized. US stamps - like currency - have never been recalled. Ending 13 Dec at 21:33 EST 1d … and remove it from circulation. The Court held that paper money, even that not backed by specie such as the United States Notes can be legal tender, in the Legal Tender Cases, ranging from 1871 to 1884. 2003 US Statehood Quarters COLORIZED Legal Tender 5-Coin Complete Set w/Capsules. Spork Forumite. They were printed in sheets of 100 stamps instead of the usual 200 stamps. Back to home page Return to top. The following note is a 1917 Legal Tender (also known as a United States Note or Red Seal Note) featuring Thomas Jefferson. Payment of goods and services LIGHTHOUSES Colorized U.S. State Quarters 28-Coin Set with BOX and they... 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