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 Replies: 18 / Views: 2,833 |
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Pillar of the Community
Australia
1985 Posts |
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unless I am missing something, Great Britain still uses the Pound and never adopted the Euro I think what the OP is saying is that since the Bank of England changed all their notes recently the old ones are no longer legal tender and are therefore worthless. However, I believe the Bank of England are still legally required to exchange them. I don't think anyone else will accept them though. |
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Valued Member
Netherlands
153 Posts |
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Valued Member
 Australia
215 Posts |
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Well, think again, again. Ok. Yeah I found £20.  Thanks for the info MMM and Lighthouse. Maybe one day I'll go back to the UK and be able to exchange them. Not worth mailing them from here. |
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Pillar of the Community
Russian Federation
5172 Posts |
  Reminds me of this note, which I bought in a coin shop in Zhukovsky (Moscow Oblast) in August 2020 for 300 rubles (about $4/£3). I don't think they realized it was technically still exchangeable  (Not that I'm going to exchange it, obviously; I like it in my collection!) EDIT: Quote:
If you had found Francs or Marks, then I'd agree with you though. Actually, German marks are still exchangeable too! French francs indeed aren't though. Edited by january1may
06/24/2022 2:30 pm
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Bedrock of the Community
United Kingdom
17911 Posts |
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However, I believe the Bank of England are still legally required to exchange them Most UK banks will also exchange them so long as you have an account there. As a tour guide I am always changing paper notes for tourists who have brought them back from a previous visit to England. |
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Pillar of the Community
 United States
3641 Posts |
Reminds me of the time, in pre-Euro days, I found a 500 Belgian franc note on the ground in Bruges. When I tried to spend it I found it was no longer legal tender, which made me conclude some other tourist had just tossed it when that happened to them. I stuck it in my pocket until I walked by a bank, and went in to see what they'd say. Sure enough, they exchanged it for a current note for me. At the time it was only worth about 13 or 14 US dollars, but still free money!
Member of SPMC, FCCB, ANA and ANS. My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188 |
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Moderator
United States
95442 Posts |
I have a few notes of various denominations I got when I lived in Wales back in the '80's - So they are worthless now?
I wonder if they will make good paper airplanes now..
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Bedrock of the Community
United Kingdom
17911 Posts |
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I have a few notes of various denominations I got when I lived in Wales back in the '80's - So they are worthless now? I assume these will be paper Bank of England notes, so you can still exchange them for face value at the Bank of England. And, depending on the condition, signature and serial number, they could well be worth more than face value! January1may - that's a very early Series D Florence Nightingale £10 note from 1975 with the signature of JB Page and a letter-number-number prefix. I started saving the different types of Series D £10 notes in 1994 just as they were being withdrawn, and never found a Page one in circulation, but I got this one for £12 on ebay in 2016:   Edited by NumisRob
06/25/2022 03:42 am
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Moderator
United States
95442 Posts |
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so you can still exchange them for face value at the Bank of England. And, depending on the condition, signature and serial number, they could well be worth more than face value! Well living almost exactly on the opposite side of the globe (I'm in Phoenix AZ), going to the Bank of England is out of the question for now. But the notes I do have are in pretty good shape, I'll have to go dig them out and get them photographed and get them posted up here. Thinking that they may have value above face might be cool. Even if it is just a tiny bit. |
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Moderator
United States
95442 Posts |
the 10 pound note is a really nice note - something I should have 'noted' earlier.
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Moderator
United States
188052 Posts |
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Ok. Yeah I found £20. Outstanding!  |
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Moderator
United States
95442 Posts |
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Bedrock of the Community
United Kingdom
17911 Posts |
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I guess I only had 2 old UK notes No real collector value in that condition. Both fairly ordinary serial numbers. Still worth £6 if you change them at the Bank of England. If you know anyone going to London on vacation, you could give them to them to change. It would buy a pint of beer and a sort drink, or a snack from a fast food restaurant. As in the States, there are certain notes that are more valuable. Notes of that type with a serial starting with the letter 'M' are replacements, equivalent to the US star notes, and are quite scarce. Collectors also like trying to get the first and last prefixes issued for each type of note and for each different cashier. There's a link here to a well-known British banknote dealer's site: http://www.britishnotes.co.uk/?page...857&pageno=1 |
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Pillar of the Community
Canada
2574 Posts |
Great advice by NumisRob: only souvenir value for the globe trotter. (If it were me, I'd definitely exchange it & get to one of the pubs- much greater value in there IMO ) Pam West site is great too (I use it all the time). If you're interested in any UK currency, it is the go-to site. You might also like to consider visiting/registering with NUMISTA as its populated by more European collectors (though the coin hunters far outnumber paper people). If you like to collect on a budget, there's a swap feature there too. https://en.numista.com/Not a big fan of the first prefix phenomenon that seems to have gripped many European/world collectors but I've picked up a few if the price was right. Often the last prefixes are short & far more scarce (but check the #'s out to be sure). I really like replacements & would go after more were they priced better (& BoE replacements are far more scarce then US star notes- much more comparable to CDN/AUD replacements). There's other prefixes besides the "M" so check out each series using the Pam West site. Quote:
Collectors also like trying to get the first and last prefixes issued for each type of note and for each different cashier. Sometimes, just finding a short-lived cashier's signature in high grade can be a fun challenge. Enjoy! |
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Moderator
United States
95442 Posts |
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No real collector value in that condition. Both fairly ordinary serial numbers. Yeah, didn't think so, but I like them - a reminder of my time when I lived there for almost 4 years. I think I'll hang on to them. Someday when paper is obsolete and rare, they may gather some value. |
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Replies: 18 / Views: 2,833 |
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Posted 06/24/2022 10:50 am
