Stamps, Legal Tender?

Shrimp

Hey,

I was just doing some research after hearing something about Stamps been legal tender like a postal order, check, etc.. I found this DECIMAL CURRENCY ACT, 1970 document.

Is it true that stamps can be used as legal tender? If so, are you taxed on them if you were to cash them in. Also, I seen a post office offer that if you but something like 5 stamps you get one free. That would mean, If you were to but a pack of five stamps, each costing 48c (I think thats how much they are) it would cost you 2.40 Euro, but you would be getting 2.88. Which in turn could be used as money. Basically what I'm getting at is, your giving money and getting more money in return!

Example:

Buy 1000 stamps at 48c each! Get one fifth extra free so you will now have 1200 but only have payed for 1000.

1000 stamps at 48c = 480 euro
200 stams free = 96 euro

Total at end = 576 euro

Profit = 96 euro

Long winded story, Possible? :rolleyes:

I am MAN

Shrimp sorry if this is off topic but you post an unbelievable amount of ballox.

Shrimp

off topic.. take it to the pm's

radiospan

“In fact, a postage stamp is legal tender. A bus driver would have to accept that as currency.”
“Yeah, that’d happen.”
“Well, if he doesn’t, report him.”
“Yeah, I’ll report him while I’m walking home.”
“Get a taxi, if you’ve got enough stamps.”
“or cash ‘em in at the Post Office.”
“Shouldn’t have to. Shouldn’t have to.”

Shrimp

ok.. not really helpful, but yeah, ok.

Anyone got any hard evidence?

I am MAN

And I dont know who or what you're trying to be i've seen you act in a moderator way by saying "take it to pm" on a few threads now.

alleepally

Can I have some of what your smokin please?!!!!

is_that_so

I have a feeling somewhere in my dusty brain that this legal tender idea really only applies to public entities, e.g. RTE licence stamps. See how you get in in a pub with a bagful of stamps. And if you're looking for easy money I am sure a couple of "good tips" would keep you from temptation at the Post Office.

steveland?

According to the Office, yes they are legal tender

MrPinK

plazzTT wrote:

“In fact, a postage stamp is legal tender. A bus driver would have to accept that as currency.”
“Yeah, that’d happen.”
“Well, if he doesn’t, report him.”
“Yeah, I’ll report him while I’m walking home.”
“Get a taxi, if you’ve got enough stamps.”
“or cash ‘em in at the Post Office.”
“Shouldn’t have to. Shouldn’t have to.”

Fact

Shrimp

I didn't mean that you would actually use your stamps at like the counter of a pub etc. I meant is it possible to cash them in a bank/post office?

radiospan

Well, going by the quote from The Office, they seem to be accepting that you can cash them at the post office as fact.

They're arguing about whether or not they can be accepted everywhere else as legal tender.

Capt'n Midnight

Shrimp wrote:

I was just doing some research after hearing something about Stamps been legal tender like a postal order, check, etc.. I found this DECIMAL CURRENCY ACT, 1970

I did a little more research - ie. I READ IT.
The only mention of STAMPS is this bit

( d ) money orders and postal orders (including postal orders to which stamps have been affixed to increase their face value).

and it also lists many other documents which are most definatley aren't legal tender eg: cheques.
and anyway it's all about the changeover from LSD to Punt's - doesn't say anything about our currecy the EURO nor about the legal status of the stuff listed.

Best you could hope for is to try to pay for your TV licences with the extra 48c stamp you get free in an €11 pack.

TBH if you want to save money on stamps - move to a country like the UK where you buy a first/second class stamp which can still be used to post a letter after a price increase (do the pre-paid envelopes here have an amount on them or not ?)

Jim

Shrimp wrote:

off topic.. take it to the pm's

lol

Can people not have normal conversations in threads anymore?

Shrimp

lol

Tusky

Jimeatsmenu wrote:

lol

Can people not have normal conversations in threads anymore?

Thats off topic Jim. Take it to the PM's.

steveland?

Capt'n Midnight wrote:

it's all about the changeover from LSD to Punt's

Usually I change my punts for LSD... heh heh...

Shrimp wrote:

lol

Nice counter argument

Random

Can I play PMs ?

Draupnir

i hear its a nasty business that PMs, leave it to the ladies i say

Oriel

Shrimp,
You're becoming increasingly annoying to me.
The only reason I have some respect for you is the fact that you have interest in the Photoshoppage fourm.
Stop posting so many stupid posts please and stop telling people to take "it" to "the" PMs.

S.

JackKelly

everyone back to my PM

Jim

/me humps TimAy's Pm

Oriel

Jimeatsmenu wrote:

/me humps TimAy's Pm

Too late, me and TimAy's Pms are having babies...

Shrimp

Hmm.. ok, This is thread is so off topic now (Mission Completed Guys ) that if you talk about Stamps, then your talkin off topic!

Iago

Shrimp wrote:

Hey,

I was just doing some research after hearing something about Stamps been legal tender like a postal order, check, etc.. I found this DECIMAL CURRENCY ACT, 1970 document.

Is it true that stamps can be used as legal tender? If so, are you taxed on them if you were to cash them in. Also, I seen a post office offer that if you but something like 5 stamps you get one free. That would mean, If you were to but a pack of five stamps, each costing 48c (I think thats how much they are) it would cost you 2.40 Euro, but you would be getting 2.88. Which in turn could be used as money. Basically what I'm getting at is, your giving money and getting more money in return!

Example:

Buy 1000 stamps at 48c each! Get one fifth extra free so you will now have 1200 but only have payed for 1000.

1000 stamps at 48c = 480 euro
200 stams free = 96 euro

Total at end = 576 euro

Profit = 96 euro

Long winded story, Possible? :rolleyes:

Don't suppose you read Sci-Fi/Fantasy books by any chance?

Haven't picked up a copy of Going Postal by Terry Pratchett recently.....if it's in a book then it must be true!

steveland?

Iago wrote:

Haven't picked up a copy of Going Postal by Terry Pratchett recently.....if it's in a book then it must be true!

ESPECIALLY a book where the world's a disc on the backs of four elephants on the back of a turtle flying through space

Hobbes

sinecurea wrote:

Shrimp,
You're becoming increasingly annoying to me.

Use the ignore option. That way everyone is happy.

As for legal tender, I thought only butter vouchers were legal tender.. ever tried to buy smokes using stamps?

Victor

Do you mean "The Office" TV series where they are based in a different country witha different legal system and currency?

Shrimp

I dont read sci-fi / fantasy novels.. there crap IMO

pickarooney

An opinion based on what, the ones you haven't read?

Cactus Col

Victor wrote:

Do you mean "The Office" TV series where they are based in a different country witha different legal system and currency?

but isn't our legal system based on theirs? and wasn't our currency?

but if anybody is that curious about it they could probably contact the central bank. I'm sure they're used to the question at this stage (and by that I mean there were probaby a load of knobjockies asking them that after that episode of the office).

and it's probably not true anyway. afterall a mars bar is worth about 75 c, doesn't mean you could trade it into a shop for 75c back. (I don't buy sweets but I'm sure you see what I'm saying)

Shrimp

An opinion based on their cover.. :D:D... sayings dont apply, in all cases!

gonker

ok prob off topic but friend who is a bus driver told me this story. Man gets on bus and pays using stamps. The bus driver says you cant pay using stamps he says I can its legal tender. Woman behind roars at him yeah hes right it is legal tender you have to take them....queue forming so bus driver takes stamps when mouthy woman gets on gives him too much money gives her change in stamps...face a picture but couldnt really say much could she
sorry now back to topic
gonk

p.pete

Victor wrote:

Do you mean "The Office" TV series where they are based in a different country witha different legal system and currency?

You take the stamps to the bureau du change section of the bank.

weemcd

Shrimp

haha i ike the lil logo you put in

Trojan

Cuckoo muppets