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British 5 Pound Note Question

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USSID18's Avatar
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 Posted 12/12/2018  2:08 pm Show Profile   Bookmark this topic Add USSID18 to your friends list Get a Link to this Message Number of Subscribers
Is there anything unique or special about this note?


British-5-Pound-Note-Question

British-5-Pound-Note-Question
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mcshilling's Avatar
Canada
9160 Posts
 Posted 12/12/2018  3:31 pm  Show Profile   Bookmark this reply Add mcshilling to your friends list Get a Link to this Reply
Not that I am a wear and I have one.
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scopru's Avatar
United States
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 Posted 12/13/2018  2:09 pm  Show Profile   Bookmark this reply Add scopru to your friends list Get a Link to this Reply
Doesn't appear to be. Is there something specific you saw that you think may have been unique?
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USSID18's Avatar
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 Posted 12/13/2018  3:49 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Sorry, I should have been more specific. Has this note been demonetized? Come on Brits, help me out!
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Sap's Avatar
Australia
16829 Posts
 Posted 12/13/2018  5:26 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
The Bank of England has never "demonetized" or cancelled any of its notes. Even if you had an original note from the 1600s (and had trouble selling it for thousands of pounds to a collector), the Bank would still accept it for full face value.

However, all but the current polymer (plastic) series £5 notes have been withdrawn and are no longer legal tender, so you might have trouble exchanging them for face value anywhere outside of the offices of the Bank of England.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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USSID18's Avatar
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 Posted 12/13/2018  5:56 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
However, all but the current polymer (plastic) series £5 notes have been withdrawn and are no longer legal tender,


Yes, maybe this is what I meant to say. They have been pulled from circulation and are no longer legal tender.

Less then face value......the story of my life!
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IndianGoldEagle's Avatar
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36745 Posts
 Posted 12/17/2018  6:10 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Seems to be in decent shape so you will have some collector value and not be worthless.
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USSID18's Avatar
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 Posted 12/17/2018  6:21 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
Seems to be in decent shape so you will have some collector value and not be worthless.


Thanks!
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413 Posts
 Posted 12/17/2018  6:25 pm  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
This fiver still has a value of five pounds even if it is no longer a legal tender. You can post it to the Bank of England to have it exchanged for a polymer fiver. Or you can ask your friend or relative in the UK to exchange it for you as sometimes local banks will accept it for an exchange depending on who they know,
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USSID18's Avatar
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 Posted 12/17/2018  7:25 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply

Quote:
This fiver still has a value of five pounds even if it is no longer a legal tender. You can post it to the Bank of England to have it exchanged for a polymer fiver. Or you can ask your friend or relative in the UK to exchange it for you as sometimes local banks will accept it for an exchange depending on who they know,


Good tip, thanks!
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 Posted 01/11/2019  4:05 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
@USSID18 -

You can also exchange your old fivers at Leftovercurrency.com. I've done this a few times and it works well:

https://www.leftovercurrency.com/ex...nd-banknotes

Right now they're paying US$6.03 per fiver but the amount fluctuates with the exchange rate. They can deposit the money into a Paypal account. Be sure to follow the steps!
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 Posted 01/11/2019  4:09 pm  Show Profile   Bookmark this reply Add jeffbuckes to your friends list Get a Link to this Reply
Forgot to say - the Bank of England also withdrew the 10-pound notes and the one-pound coins. The new 5- and 10-pound notes are polymer (plastic) and the new one-pound coins are bimetallic. But leftovercurrency.com will buy those as well.
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USSID18's Avatar
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 Posted 01/11/2019  4:40 pm  Show Profile   Bookmark this reply Add USSID18 to your friends list Get a Link to this Reply
Thanks jeffbuckes! Will keep this as an option. !
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