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Old Nov 17th, 2008 | 07:57 AM
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Outdated GBP

I have found 3 20GBP notes that appear to be the "old" notes that have now been replaced. How do I go about exchanging these?

Many Thanks for your help.
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Old Nov 17th, 2008 | 08:04 AM
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yk
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Pretty sure you can exchange those for new bank notes at any bank. I did that back in May 2008.
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Old Nov 17th, 2008 | 09:59 AM
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There doesn't seem to be any announcement on the Bank of England website that it has ceased to be "legal tender". Even when it has, you can still make a trip to London and go to the Bank of England:
http://www.bankofengland.co.uk/bankn...enty/index.htm

(come to think of it, banks can do it too).
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Old Nov 17th, 2008 | 10:04 AM
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I did like yk did last winter - went to a bank and they exchanged it. But yes, like old francs, etc at some day they may become worth the paper they are printed on, or less.
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Old Nov 17th, 2008 | 10:27 AM
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"But yes, like old francs, etc at some day they may become worth the paper they are printed on, or less"

On the Dulux again, are we?

A Bank of England banknote is a promise to pay the amount concerned. Defaulting on promises might be fine for Johnny Continental, or in the paint-swilling colonies.

But it's not how we do business here. The promise is valid for all time. Concher, or Concher's g-g-g-g-grandchildren will, till global warming turns England into a desert, be able to take ANY Bank of England note to the Bank and get - well, another banknote in return.
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Old Nov 17th, 2008 | 10:30 AM
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So flanneur - my old schilling coins and 10 schilling notes i have i can take into any bank and exchange for today's currency. And i do have several schilling notes, etc.
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Old Nov 17th, 2008 | 10:32 AM
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Send them to me, and I will replace them with 3 crisp new $20 bills.
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Old Nov 17th, 2008 | 10:37 AM
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You'd have to ask the Austrian government about those, Pal...
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Old Nov 17th, 2008 | 12:08 PM
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GBP is monopoly money now. doesn't much matter.
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Old Nov 17th, 2008 | 12:12 PM
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Was $1.49 last Friday - no wonder i heard some German shopkeepers a while back were refusing to take UK-issued charge cards for purchases - small stores i guess - even though card issuer guarantees payments

Pretty soon GBP will be better than the typical TP in British loos and worth about the same.
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Old Nov 17th, 2008 | 11:27 PM
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Schillings, Pal? You'll have to ask the Austrians about them.

If you mean shillings, can you see the words "I promise to pay the bearer on demand" on them somewhere?

And concher, they're worthless, your notes. Just send them to me and I'll get rid of them for you
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Old Nov 18th, 2008 | 12:32 AM
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Wicked, Sheila

Concher - If you mean this one, it's still in circulation and accepted in all shops.

http://www2.hmc.edu/~groves/bill.jpg

No need to waste time exchanging them in banks ...

Steve
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Old Nov 18th, 2008 | 12:59 AM
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Oops - you'll have to copy/paste that
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Old Nov 18th, 2008 | 02:03 AM
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Don't try to use this one, though: http://tinyurl.com/6j6eq4
;-)
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Old Nov 18th, 2008 | 02:06 AM
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$1.49 seems fairly average, since I remember both parity and the $2 pound in the not too distant past.
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Old Nov 18th, 2008 | 02:17 AM
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I remember the $2.80 pound, the 1760 francs pound....

But in terms of what you could actually buy, it all comes out in the wash, so to speak.
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Old Nov 18th, 2008 | 02:35 AM
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I remember when a Pound was worth more than FOUR US Dollars....before Flanner was born, of course.
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Old Nov 18th, 2008 | 03:04 AM
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"before Flanner was born, of course"

Alas, not so. I was born back in those absurd days when the economy was sacrificed to keep the pound at $4.03.

Countries overseas had their deposits in sterling. If we devalued, we'd impoverish them, went the argument.
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Old Nov 18th, 2008 | 04:25 AM
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The perils of running a currency that happens to be in world demand as a reserve, you see... Something to be said for being Molvania.
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Old Nov 18th, 2008 | 05:24 AM
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I have had a revelation. That prick walkingaround is in fact PalQ.

It's obvious when you think about it - they're both mad, and both hate britain and know nothing about it.
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