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Less than a week to go...

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Less than a week to go...

...before the old round £1 coin ceases to be legal tender on 16th October.

 

Before you rush out to spend them all banks will still be accepting the old coins for a while after that date.

 

Edit: Oops, forgot the link!

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27 REPLIES
Pete11
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Re: Less than a week to go...

I took £178 worth of those to the bank this morning after emptying my jar and they weren't happy about it for some reason. The look I got when placing through the gap in the glass was one of disdain. It was like they were having to count them all by hand.  

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Re: Less than a week to go...

Was that the unwashed pickle jar?Smiley

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Re: Less than a week to go...

I have two £1 notes and apparently I can take those into a bank for exchange.

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Re: Less than a week to go...

It appears that some machines including a few parking machines will not be converted by the deadline and can only accept the old coins.

Does that mean free parking if the machine cannot accept your money ?

Luzern
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Re: Less than a week to go...

Answer the problem by clogging the machine with 5 p bits. Fiddly damn things.

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Re: Less than a week to go...

Well I've got one old one and I know it seems a bit strange, but I might keep it for sentimential reasons.
If it was a £50 note going out of circulation, my mind might be different Smiley

Actually I joked on the petrol thread about knowing your age on the old petrol prices. I do remember the £1 coin replacing the note. When I went to the U.S. in 1999/2000 I remember the $1 dollar notes (or bills), I remember having lots of notes in my wallet and it felt like I was loaded, though I wasn't. Roll eyes

I read somewhere the £20's will be changed next year and the £50 they don't intend to change.

Jonpe
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Re: Less than a week to go...

The vending machines where I work only accept the old £1 coins still, so we shall have to use smaller change now.

I still have a £1 note; I think it's the large long one before they shrunk it.

The £50 note had to be redesigned to make it more secure.  If you are going to forge currency, it might as well be the largest denomination note, although the €500 one is probably more attractive to forgers.

I'm not sure why our notes have to be redesigned so often; perhaps it is to stop people keeping their savings under the mattress.  The US notes don't seem to have changed much over my lifetime.

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Re: Less than a week to go...

But I think it is the other way around.
If you’re going to forge something do it with small demonitaions. Say a £1, £5 or £10. En masse those will attract less suspicion than a £50.
Pete11
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Re: Less than a week to go...

I still have a white fiver (handed down from grandad) and a 10 shilling note that I kept when they went out of circulation. Cheesy

A float tip is pleasing in its appearance and even more pleasing in its disappearance.
Growing old is inevitable...But growing up is optional.
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Re: Less than a week to go...

Never heard anyone call it a ten shilling note - always knew it as a ten-bob noteUndecided

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Pete11
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Re: Less than a week to go...

@Mav

Yes, you are correct about that..but.. for those living outside Yorkshire who don't know what a 'bob' was, I put shillings.  Thumbs Up

A float tip is pleasing in its appearance and even more pleasing in its disappearance.
Growing old is inevitable...But growing up is optional.
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Re: Less than a week to go...

@Pete11

Never been to Yorkshire. Always been a suvernerWink

 

I used to think it was a cockney saying!

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
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Re: Less than a week to go...

There was also the nine bob note but it only seem to be in the possession of people with a dubious character.

I never had one Angel

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Re: Less than a week to go...

How do these people get their jobs: 11-year-old refused bus travel when trying to pay with a round pound coin.

She told The Stoke Sentinel : “The girl in front of me had an old £1 coin and the driver asked her to swap it which she did.

"I knew then that there might be a problem when I went to pay so I told him straightaway that I had the old £1 coin and he said ‘I'm sorry but we can’t take it’ and that I couldn’t go on the journey.

"He drove off with me at the bus stop."

She was 11 for crying out aloud... what has happened to common sense!

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
He who feared he would not succeed sat still