What is legal tender?

What exactly does legal tender mean?

Monday, 30th May 2016, 6:11 am
Updated Monday, 30th May 2016, 7:18 am

I’ve just been reading about a £5 coin which has been minted for the Queens 90th birthday which costs,.you’ve guessed it, just £5.

Now, this is when things get confusing.

It’s a £5 coin commemorating the Queen of England’s birthday BUT can I spend it in England?

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Sorry, you can’t spend it in England.

Perhaps Britain?

Sorry, can’t spend it there, but if you go across to Jersey, that’s where it is legal tender.

Now can anybody explain why?


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