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-   -   Outdated GBP (https://www.fodors.com/community/europe/outdated-gbp-451908/)

concher Nov 17th, 2008 07:57 AM

Outdated GBP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.

yk Nov 17th, 2008 08:04 AM

Pretty sure you can exchange those for new bank notes at any bank. I did that back in May 2008.

PatrickLondon Nov 17th, 2008 09:59 AM

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).

PalenQ Nov 17th, 2008 10:04 AM

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.

flanneruk Nov 17th, 2008 10:27 AM

"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.

PalenQ Nov 17th, 2008 10:30 AM

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.

lennyba Nov 17th, 2008 10:32 AM

Send them to me, and I will replace them with 3 crisp new $20 bills.

PatrickLondon Nov 17th, 2008 10:37 AM

You'd have to ask the Austrian government about those, Pal...

walkinaround Nov 17th, 2008 12:08 PM

GBP is monopoly money now. doesn't much matter.

PalenQ Nov 17th, 2008 12:12 PM

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.

sheila Nov 17th, 2008 11:27 PM

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:)

Steve_James Nov 18th, 2008 12:32 AM

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

Steve_James Nov 18th, 2008 12:59 AM

Oops - you'll have to copy/paste that

Heimdall Nov 18th, 2008 02:03 AM

Don't try to use this one, though: http://tinyurl.com/6j6eq4
;-)

caroline_edinburgh Nov 18th, 2008 02:06 AM

$1.49 seems fairly average, since I remember both parity and the $2 pound in the not too distant past.

PatrickLondon Nov 18th, 2008 02:17 AM

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.

Dukey Nov 18th, 2008 02:35 AM

I remember when a Pound was worth more than FOUR US Dollars....before Flanner was born, of course.

flanneruk Nov 18th, 2008 03:04 AM

"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.

PatrickLondon Nov 18th, 2008 04:25 AM

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.

Cholmondley_Warner Nov 18th, 2008 05:24 AM

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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