Banknotes & Coins FAQs | Central Bank of Ireland

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Refusal by the public of poor quality notes will eventually improve the overall quality of the banknotes in circulation in Ireland. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>." } }, { "@type": "Question", "name": " Are old banknotes worthless?", "acceptedAnswer": { "@type": "Answer", "text": " No they are still legal tender and be converted to Euro in the Central Bank of Ireland. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>." } }, { "@type": "Question", "name": " Can the Central Bank provide a valuation of my coins?", "acceptedAnswer": { "@type": "Answer", "text": "Unfortunately the Central Bank is not in a position to provide coin valuations to the public. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>." } }, { "@type": "Question", "name": " What is the difference between a collector coin and a collectable medal/token?", "acceptedAnswer": { "@type": "Answer", "text": " Collector coins have a nominal face value and are therefore legal tender. Like all Irish coinage, the obverse of Irish collector coins features an image of the harp, year of issue and the word ‘Éire’. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>." } }, { "@type": "Question", "name": " Are Irish collector coins legal tender in Ireland and other Eurozone countries?", "acceptedAnswer": { "@type": "Answer", "text": " Irish collector coins are only legal tender in Ireland. They are not considered legal tender in other Eurozone countries. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>." } }, { "@type": "Question", "name": " What is the silver and gold content of Irish collector coins?", "acceptedAnswer": { "@type": "Answer", "text":" All Irish silver proof coins contain .925 sterling silver. All Irish gold proof coins contain .999 fine gold. <a href=https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs?utm_medium=website&utm_source=Google-FAQ>Read more on our website</a>."} }] } </script><link rel="canonical" href="https://www.centralbank.ie/consumer-hub/notes-and-coins/faqs" /><link href="/Telerik.Web.UI.WebResource.axd?d=PMrIT5dOWaVYIcpFWUE4nLMondQKT06rXaYKkrkmgIA8U6HILVhpXLNRyzM-lIWJ8BX-z660YcQRxI2gOMva4XEE0eho4ecSkzb-HevxJ3gtKU39f0z9ObqAiNMy_AcI0&t=638610871964891277&compress=0&_TSM_CombinedScripts_=%3b%3bTelerik.Sitefinity.Resources%2c+Version%3d14.4.8133.0%2c+Culture%3dneutral%2c+PublicKeyToken%3db28c218413bdf563%3aen%3a17c135a4-5316-42f9-a0e3-877e0602d8a4%3a7a90d6a" type="text/css" rel="stylesheet" /><meta name="description" content="Frequently Asked Questions received by the Central Bank of Ireland about banknotes and coins" /></head> <body id="sBody">  <noscript> <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-M4KRX7C" height="0" width="0" style="display: none; 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</div> <div class="container standard-content"> <div class="sf_cols row"> <div class="col-sm-8 main-content"> <article id="MainContentPlaceholder_T225F410C003_Col00" class="sf_colsIn" data-placeholder-label="Main Content"><h1>FAQs</h1> <a name="can-i-refuse-notes-in-poor-condition"></a> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-Can-I-refuse-to-accept-a-note-that-is-in-poor-condition-07a0884a-4ca5-4c6d-9aed-8e8f4650b285"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#Can-I-refuse-to-accept-a-note-that-is-in-poor-condition-07a0884a-4ca5-4c6d-9aed-8e8f4650b285" aria-expanded="false" aria-controls="Can-I-refuse-to-accept-a-note-that-is-in-poor-condition-07a0884a-4ca5-4c6d-9aed-8e8f4650b285"> <strong class="gtm-expanding">Can I refuse to accept a note that is in poor condition?</strong> </a> </div> </div> <div id="Can-I-refuse-to-accept-a-note-that-is-in-poor-condition-07a0884a-4ca5-4c6d-9aed-8e8f4650b285" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-Can-I-refuse-to-accept-a-note-that-is-in-poor-condition-07a0884a-4ca5-4c6d-9aed-8e8f4650b285" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Yes. If you are offered a poor quality note in change you are entitled to ask for a replacement, within reason. Refusal by the public of poor quality notes will eventually improve the overall quality of the banknotes in circulation in Ireland.</p> </div> </div> </div><a name="can-i-refuse-to-hand-over-a-counterfeit-note"></a> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-May-I-refuse-to-hand-over-a-note-that-a-bank-tells-me-is-a-counterfeit-c62c3565-3fcf-4b8a-aa7a-307a2dc300a3"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#May-I-refuse-to-hand-over-a-note-that-a-bank-tells-me-is-a-counterfeit-c62c3565-3fcf-4b8a-aa7a-307a2dc300a3" aria-expanded="false" aria-controls="May-I-refuse-to-hand-over-a-note-that-a-bank-tells-me-is-a-counterfeit-c62c3565-3fcf-4b8a-aa7a-307a2dc300a3"> <strong class="gtm-expanding">May I refuse to hand over a note that a bank tells me is a counterfeit?</strong> </a> </div> </div> <div id="May-I-refuse-to-hand-over-a-note-that-a-bank-tells-me-is-a-counterfeit-c62c3565-3fcf-4b8a-aa7a-307a2dc300a3" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-May-I-refuse-to-hand-over-a-note-that-a-bank-tells-me-is-a-counterfeit-c62c3565-3fcf-4b8a-aa7a-307a2dc300a3" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>No. Financial institutions are obliged by law to retain suspected counterfeit banknotes and to submit them to the Central Bank of Ireland for verification. A receipt for the note will be provided to the customer but no value can be given at the time of lodgement. In the event that the Central Bank of Ireland deems the note to be genuine, value will then be given to the customer. No value is given for a counterfeit note.</p> </div> </div> </div><a name="are-old-banknotes-worthless"></a> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-Are-old-banknotes-worthless-d98ab718-588a-407f-8bf0-e9d51596cb77"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#Are-old-banknotes-worthless-d98ab718-588a-407f-8bf0-e9d51596cb77" aria-expanded="false" aria-controls="Are-old-banknotes-worthless-d98ab718-588a-407f-8bf0-e9d51596cb77"> <strong class="gtm-expanding">Are old banknotes worthless?</strong> </a> </div> </div> <div id="Are-old-banknotes-worthless-d98ab718-588a-407f-8bf0-e9d51596cb77" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-Are-old-banknotes-worthless-d98ab718-588a-407f-8bf0-e9d51596cb77" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>No they are still legal tender and be converted to Euro in the Central Bank of Ireland.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-What-can-I-do-if-I-have-a-note-that-has-been-damaged-in-some-way-a1dbd9f8-a11d-4606-b31a-13160dc879a9"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#What-can-I-do-if-I-have-a-note-that-has-been-damaged-in-some-way-a1dbd9f8-a11d-4606-b31a-13160dc879a9" aria-expanded="false" aria-controls="What-can-I-do-if-I-have-a-note-that-has-been-damaged-in-some-way-a1dbd9f8-a11d-4606-b31a-13160dc879a9"> <strong class="gtm-expanding">What can I do if I have a note that has been damaged in some way?</strong> </a> </div> </div> <div id="What-can-I-do-if-I-have-a-note-that-has-been-damaged-in-some-way-a1dbd9f8-a11d-4606-b31a-13160dc879a9" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-What-can-I-do-if-I-have-a-note-that-has-been-damaged-in-some-way-a1dbd9f8-a11d-4606-b31a-13160dc879a9" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Please follow the mutilated banknotes <a href="/consumer-hub/notes-and-coins/exchange-of-notes-and-coins" sfref="[f669d9a7-009d-4d83-ddaa-000000000002]ba61b113-4644-629b-acc1-ff0000269695">process</a></p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-Can-the-Central-Bank-provide-a-valuation-of-my-coins-342ce99b-e611-4fe4-ad7c-9e5c8d9bb6b3"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#Can-the-Central-Bank-provide-a-valuation-of-my-coins-342ce99b-e611-4fe4-ad7c-9e5c8d9bb6b3" aria-expanded="false" aria-controls="Can-the-Central-Bank-provide-a-valuation-of-my-coins-342ce99b-e611-4fe4-ad7c-9e5c8d9bb6b3"> <strong class="gtm-expanding">Can the Central Bank provide a valuation of my coins?</strong> </a> </div> </div> <div id="Can-the-Central-Bank-provide-a-valuation-of-my-coins-342ce99b-e611-4fe4-ad7c-9e5c8d9bb6b3" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-Can-the-Central-Bank-provide-a-valuation-of-my-coins-342ce99b-e611-4fe4-ad7c-9e5c8d9bb6b3" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Unfortunately the Central Bank is not in a position to provide coin valuations to the public.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-Can-other-businesses-produce-and-sell-collector-coins-in-Ireland-74aa499d-6894-4c50-bc59-2538499e844a"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#Can-other-businesses-produce-and-sell-collector-coins-in-Ireland-74aa499d-6894-4c50-bc59-2538499e844a" aria-expanded="false" aria-controls="Can-other-businesses-produce-and-sell-collector-coins-in-Ireland-74aa499d-6894-4c50-bc59-2538499e844a"> <strong class="gtm-expanding">Can other businesses produce and sell collector coins in Ireland?</strong> </a> </div> </div> <div id="Can-other-businesses-produce-and-sell-collector-coins-in-Ireland-74aa499d-6894-4c50-bc59-2538499e844a" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-Can-other-businesses-produce-and-sell-collector-coins-in-Ireland-74aa499d-6894-4c50-bc59-2538499e844a" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>No. The Central Bank has sole authority for producing Irish coinage. However, other organisations can mint and sell collector medals and tokens.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-What-is-the-difference-between-a-collector-coin-and-a-collectable-medaltoken-c0518b56-fe81-4c21-96d8-79cbb56b7f94"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#What-is-the-difference-between-a-collector-coin-and-a-collectable-medaltoken-c0518b56-fe81-4c21-96d8-79cbb56b7f94" aria-expanded="false" aria-controls="What-is-the-difference-between-a-collector-coin-and-a-collectable-medaltoken-c0518b56-fe81-4c21-96d8-79cbb56b7f94"> <strong class="gtm-expanding">What is the difference between a collector coin and a collectable medal/token?</strong> </a> </div> </div> <div id="What-is-the-difference-between-a-collector-coin-and-a-collectable-medaltoken-c0518b56-fe81-4c21-96d8-79cbb56b7f94" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-What-is-the-difference-between-a-collector-coin-and-a-collectable-medaltoken-c0518b56-fe81-4c21-96d8-79cbb56b7f94" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Collector coins have a nominal face value and are therefore legal tender. Like all Irish coinage, the obverse of Irish collector coins features an image of the harp, year of issue and the word ‘Éire’.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-Are-Irish-collector-coins-legal-tender-in-Ireland-and-other-Eurozone-countries-81625352-c507-4ddd-82c2-5cbff57c9d5c"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#Are-Irish-collector-coins-legal-tender-in-Ireland-and-other-Eurozone-countries-81625352-c507-4ddd-82c2-5cbff57c9d5c" aria-expanded="false" aria-controls="Are-Irish-collector-coins-legal-tender-in-Ireland-and-other-Eurozone-countries-81625352-c507-4ddd-82c2-5cbff57c9d5c"> <strong class="gtm-expanding">Are Irish collector coins legal tender in Ireland and other Eurozone countries?</strong> </a> </div> </div> <div id="Are-Irish-collector-coins-legal-tender-in-Ireland-and-other-Eurozone-countries-81625352-c507-4ddd-82c2-5cbff57c9d5c" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-Are-Irish-collector-coins-legal-tender-in-Ireland-and-other-Eurozone-countries-81625352-c507-4ddd-82c2-5cbff57c9d5c" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Irish collector coins are only legal tender in Ireland. They are not considered legal tender in other Eurozone countries.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-If-Irish-collector-coins-are-legal-tender-can-I-use-them-to-purchase-goods-and-services-or-can-I-lodge-them-into-my-bank-account-cb000bb8-55d5-490a-9a5b-071b9e30feb1"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#If-Irish-collector-coins-are-legal-tender-can-I-use-them-to-purchase-goods-and-services-or-can-I-lodge-them-into-my-bank-account-cb000bb8-55d5-490a-9a5b-071b9e30feb1" aria-expanded="false" aria-controls="If-Irish-collector-coins-are-legal-tender-can-I-use-them-to-purchase-goods-and-services-or-can-I-lodge-them-into-my-bank-account-cb000bb8-55d5-490a-9a5b-071b9e30feb1"> <strong class="gtm-expanding">If Irish collector coins are legal tender, can I use them to purchase goods and services or can I lodge them into my bank account?</strong> </a> </div> </div> <div id="If-Irish-collector-coins-are-legal-tender-can-I-use-them-to-purchase-goods-and-services-or-can-I-lodge-them-into-my-bank-account-cb000bb8-55d5-490a-9a5b-071b9e30feb1" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-If-Irish-collector-coins-are-legal-tender-can-I-use-them-to-purchase-goods-and-services-or-can-I-lodge-them-into-my-bank-account-cb000bb8-55d5-490a-9a5b-071b9e30feb1" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>Individuals, businesses and commercial banks are under no obligation to accept collector coins as payment for goods or services. Face value may be redeemed from the Central Bank, but these coins are likely to be worth substantially more in their collectable form than their nominal value.</p> </div> </div> </div> <div class="panel panel-default standard-accordion"> <div class="panel-heading" id="heading-What-is-the-silver-and-gold-content-of-Irish-collector-coins-d183dd31-72d0-442a-94ce-95a179554147"> <div class="panel-title"> <a class="collapsed gtm-expanding" role="button" data-toggle="collapse" href="#What-is-the-silver-and-gold-content-of-Irish-collector-coins-d183dd31-72d0-442a-94ce-95a179554147" aria-expanded="false" aria-controls="What-is-the-silver-and-gold-content-of-Irish-collector-coins-d183dd31-72d0-442a-94ce-95a179554147"> <strong class="gtm-expanding">What is the silver and gold content of Irish collector coins?</strong> </a> </div> </div> <div id="What-is-the-silver-and-gold-content-of-Irish-collector-coins-d183dd31-72d0-442a-94ce-95a179554147" class="panel-collapse collapse " role="tabpanel" aria-labelledby="heading-What-is-the-silver-and-gold-content-of-Irish-collector-coins-d183dd31-72d0-442a-94ce-95a179554147" aria-expanded="false" style="height: 0px;"> <div class="panel-body"> <p>All Irish silver proof coins contain .925 sterling silver.</p> <p>All Irish gold proof coins contain .999 fine gold.</p> </div> </div> </div><p>Should you have any further enquires please contact us at <a href="/cdn-cgi/l/email-protection#b9dacccbcbdcd7dac0cadccbcfd0dadccaf9dadcd7cdcbd8d5dbd8d7d297d0dc"><span class="__cf_email__" data-cfemail="d1b2a4a3a3b4bfb2a8a2b4a3a7b8b2b4a291b2b4bfa5a3b0bdb3b0bfbaffb8b4">[email protected]</span></a>. </p> </article> </div> <div id="MainContentPlaceholder_T225F410C003_Col01" class="sf_colsIn col-sm-4 rhs" data-placeholder-label="General Righ hand side"> <nav aria-labelledby="rhsheadingtwo"> <h3 class="sidebar-heading-icon icon-bars hidden-xs" id="rhsheadingtwo"> In this Section </h3> <div class="right-sidebar hidden-xs"> <ul class="left-nav"> <li class=""> 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