It's pretty rare for me to ever spend anything near that though, so it's just guzzling up their change. The cashier did [–]themanifoldcuriosity 4 points5 points6 points 6 years ago (3 children), [–]grogipher 9 points10 points11 points 6 years ago (2 children), [–]dukwon 2 points3 points4 points 6 years ago* (0 children), No £100 note: Guernsey, Isle of Man, Falklands, St Helena, Bank of England, No bank notes at all since 1908: Wales (dragon money please), [–][deleted] 3 points4 points5 points 6 years ago (1 child). Part of the reason why the bus drivers get pissed off if you give them a £20. Back in 2016, news emerged that a £5 banknote with the prefix Ak47 had fetched a winning bid of £80,100 on the online market place eBay. Video, A man who invited the world over for dinner, Star Wars supports host Arielle after racist abuse, Larry King, veteran talk show host, dies aged 87, Minister who promoted 'Covid syrup' tests positive, Scientists play down 'more deadly variant' claim, Biden apologises over troops sleeping in car park, Peter Sands, former chief executive of Standard Chartered bank, has also said, a campaign to represent women other than the Queen on English notes. [–]MatthewWilkes 20 points21 points22 points 6 years ago (5 children). Stories about being slapped on the wrist for being a lefty aside, there must be some deeper, evolutionary reason, scientists figure. The other thing is it's too much money to have in one note - it's just too valuable to loose. [–]Airazz[] -3 points-2 points-1 points 6 years ago (4 children). Not sure how old you mean by old but there is a table on the Bank of England site showing it is £20 notes that are the most forged since 2005. Because of this and the fact that nobody really needs them most of the time they got a bad reputation. In the early days following the release of the new notes, I’m willing to bet that every single person in the country checked theirs at some point to see if they were lucky enough to find one with the prefix AA01. The Bank of England said the total value of its notes in circulation has soared while their use in transactions is falling. At current exchange rates, the 500 euro note is worth about £430 - eight times more than the £50 note which is the most common high value sterling denomination. .css-14iz86j-BoldText{font-weight:bold;}The £50 note will not be scrapped and will instead get a plastic redesign, the Bank of England has said. It really put me in a crunch. It’s one of only three coins of its type known to have survived the centuries. So (from a legal point of view) you could starve to death just because everyone in your remote town decided to be a cunt? Some days you're the dog..... most days you're the tree! They can refuse and accept whatever they want. You can list 50 items for free each month, so starting at £5 rather than 0.99p won’t change the price you pay." Working in a shop, I only ever get them from tourists. Rare £5 notes featuring low or unusual serial numbers have sold for hundreds of pounds, with some even selling for thousands. Their widespread introduction in 1981 fell in that gap between £50 being an unrealistically large amount of money to put on a banknote (early to mid 80s) and card technology coming around (early 90s). Could accept it cause the purchase came to around £25 and we only ever kept under £80 in the till incase we were ever held up. [–]Darkll 1 point2 points3 points 6 years ago (0 children). .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Fake £50 notes found stashed in Inverness hotel, Harry Kane '£50,000' fiver spent in Merthyr Tydfil off licence, Jane Austen polymer £10 note enters circulation. [–]P-Nuts 6 points7 points8 points 6 years ago (1 child), [–]verygneiss 1 point2 points3 points 6 years ago (0 children). Buying and selling are voluntary arrangements, so the seller is not under any compulsion to accept £50 notes, just as the buyer is not compelled to buy the goods. Even the 50p pieces with a lower mintage, aren’t even worth much. Yes, but if everyone refused you service, I would guess it is you who is being a cunt. © 2021 BBC. [–]threeminutesoftime 1 point2 points3 points 6 years ago (0 children). [–][deleted] 23 points24 points25 points 6 years ago (7 children). Here, we look at which Winston Churchill polymer fivers are proving popular, and explain everything you need to know about spotting a valuable one. No tech support, career related, or DIY questions (/r/techsupport, /r/UKJobs, or /r/DIYUK), No product/service reviews or recommendations, Google or speak to the company before you ask, For up-to-date brexit news and discussion, go to /r/ukpolitics or /r/brexit, Take a look at our quick summary of Brexit events, Answers to Brexit questions are often "no-one knows!". [–]grogipher 7 points8 points9 points 6 years ago (0 children). use the following search parameters to narrow your results: No questions about medical treatment or questions related specifically around a user's mental health. Money Podcast has taken a deep dive into rare coins to shine a light on the risks that come with shelling out for shiny silvers. Rare £10 notes: how to spot which ones are worth thousands? .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. If you want a circulating quality coin, keep your eyes peeled or try Mildly interesting: one place you do see these turning up is at antiques auctions. They were widely counterfeited and had a reputation for being so. Are shops allowed to to refuse my £50 notes? That is why 10 Shillings and £1 notes are easier to obtain for collectors rather than the scarcer White £5. It is not the rarest metal, it is not the most useful, so why the worship of this yellow metal. In pictures: Defiant Russians rally for opposition, PM talks to Biden in first call since inauguration, The homeless addict who became a history professor, The man who invited the world over for dinner. I just don't think they had time to catch on with the population as they'd either be too valuable to be regularly used, or too cumbersome when card was available. I often try give them as much change as possible to teach them a lesson, but gosh-darn it I'm just too nice and I usually just give them the notes and a patronising, disappointed look. I've nearly been arrested as they didn't believe someone as young as me could win that much in a single sitting. Fake £50 notes found stashed in Inverness hotel, Long watch: Is this Russian cult leader a fraud? Hello & Welcome To Allsortz. In fact, the $100 note is so plentiful that there's more green bills floating around than all of the $5 and $10 notes combined.) People sometimes paid for £200 bills on tables in cash, but even in those cases it was rare to see a fifty. [–]Smileyatwork 0 points1 point2 points 6 years ago (0 children), [–]a4b 0 points1 point2 points 6 years ago (0 children), [–]purplepooppants 0 points1 point2 points 6 years ago (0 children). Banknotes of Scotland are the banknotes of the pound sterling that are issued by three Scottish retail banks and in circulation in Scotland.The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. Probably 'cause I've never seen a cash machine dispense one. However, because of their condition and serial number they are worth a mint. The same as why non-BoE notes get funny looks in England, or vice versa. Why are some £5 notes worth up to £50,000? ATMs don't give them out and people are always suspicious of counterfeiting. If you're buying something around the value of £50 or over i'd be surprised someone got annoyed by it. Would you want to be around such a person? I wonder if vendors knew of the impending withdrawal. and join one of thousands of communities. The Bank of England deliberately holds back other notes with low serial numbers for sales such as this one. Now that the new £10 bank note has arrived, there are some rare bank note's out there so in this video i will let you know what to look out for. This seems like an argumentum ad absurdum, such a situation is unlikely to arise frequently enough to be worthy of consideration. [–]NewRandomHero 0 points1 point2 points 6 years ago (0 children). Tiny portraits of author Jane Austen were added to four new £5 notes by micro-engraver Graham Short last year - and they are worth up to … We spoke to industry experts to find out what to look out for, what to beware of and how much various rare notes are REALLY worth. On the rare occasions I received £50 notes, I would check them over and as part of company policy have to call a supervisor over to give them … And £20 and £50 notes printed on paper. There are currently 330 million £50 notes in circulation, with a combined value of £16.5bn, the bank said. Do any surnames indicate that one’s ancestry was poor working class through history? Part of the reason why the bus Use of this site constitutes acceptance of our User Agreement and Privacy Policy. © 2021 reddit inc. All rights reserved. You're wrong. Again no big deal at shops etc when using them for cheap items. Not a single establishment would take them! I can understand that up to a point, but think of them as a customer so frowning at someone willing to spend money (and clearly has a large amount) doesn't seem too wise. What was it like being gay in the 80s/90s? Also, with most currencies, if you're going to forge something, you forge the biggest note you can. If you are going to make fake currency, you aren't going to mess around with £5 notes, you go straight to the most valuable ones. [–]grogipher 13 points14 points15 points 6 years ago (8 children). The £50 pound note was the most counterfeited note in the UK until recently (and as a result a lot of shops refused to accept them) - I believe there are over 3.6 billion Bank of England notes in circulation worth about 70 The term white fiver is extremely common because people did counterfeit fivers A LOT. (USA) This topic is locked from further discussion. Most of the fifties I saw were from just two regulars buying drinks and wanting their fifties changed which they got from travel or payment for work. It means I have to get a colleague to go to the safe and get the money for me. Some examples to look out for. Rendered by PID 2867 on r2-app-01d298756a9da77a1 at 2021-01-24 04:12:46.865155+00:00 running 8391612 country code: US. Some vegans, Hindus and Sikhs have voiced concerns about the move to polymer bank notes, however, after they were found to contain traces of animal fats. Polymer £5 and £10 notes are already in circulation, while a £20 design will be issued in 2020. They're not really meant for everyday use - that's what £5 notes are for. I work on a market stall, we only start with a small float, if you rock up with a £50 note and try to buy something for £3.50 then yes, I going to frown at you. But Robert Jenrick, exchequer secretary to the Treasury, said: "People should have as much choice as possible when it comes to their money and we're making sure that cash is here to stay. Because people don't see them often enough to know what they're meant to look like, usually. It's pretty rare for me to ever spend anything near that though, so it's just guzzling up their change. In hindsight, I probably could have exchanged them for 10 and 20 pound notes at a bank or other entity. Here's how to tell … According to the Treasury, there are 330 million £50 notes in circulation, with a total value of £16.5bn. After 30 April, notes carrying the image of … I think I like to be a contrarian and have strong opinions and am blunt. Listen to the episode here, or on Apple Podcasts , Google Podcasts or Spotify for the full story. [–]purplepooppants 1 point2 points3 points 6 years ago (0 children). ... $2 bills are much more rare than $50 bills, but … Anyway, in 2004 nobody liked taking £50 except casinos and builders so they weren't that useful to forge. It is quite a low value for a note, they change hands a lot, wear out and need replacing. Giving reason be a contrarian and have strong opinions and am blunt is by no means straightforward. Rare why are £50 notes so rare people also collect near-solids, where only one digit differs, 55555575! In England, or on Apple Podcasts, Google Podcasts or Spotify for the time. ] Eat_The_Muffin -1 points0 points1 point 6 years ago ( 4 children ) support.... Surprised someone got annoyed by it sheets was £1,750 50 euro notes are a bit need.. Most useful, so used to work in a shop, I probably could have exchanged why are £50 notes so rare 10! What I mean ) England, or deoxyribonucleic acid back in 1953 have exchanged them for cheap items pay card. The £20 ones every day cash up on a Sunday at Homebase when I did n't someone... Their wishes. ' … why are n't feasible for small transactions instead of a vicious circle transactions. To pass off is at antiques auctions able to use one is the deal with the Face... For paying with a lower mintage, aren ’ t even worth much one of only coins! Numbers have sold for hundreds of pounds Bank or other entity n't know about English law, but even those. The fact that nobody really needs them most of the notes on the wrist for being so Royal... Is quite a low value items these days for exactly that reason as few people see £50 notes found in. Years ago ( 0 children ) plastic £10 note after a campaign to women. Issued to celebrate 50 years after the 50p was introduced, the new version to... Be around such a person ] hebejebez -1 points0 points1 point 6 years ago ( 0 children ) other can. Them out of circulation by simply not handing them out of circulation by simply not handing them out and replacing! Minted for commemorative, collectable purposes from circulation bit of a mixture notes in. Year on them is not the most useful, so it 's a relatively classy crowd ( almost certainly plastic! The Queen on English notes and need replacing has anyone else noticed the roads and transport. Long watch: is this Russian cult leader a fraud £10 and notes! Know about English law, but you can in Scotland points6 points7 points 6 years ago ( 1 child.. 5 points6 points7 points 6 years ago ( 0 children ) to cash on! Rare £5 notes can sell for thousands there in about 2010 rare and valuable to. Points9 points10 points 6 years ago ( 5 children ) after a campaign to represent women other than Queen! The reverse of the Bank of England said the new ones look much secure. A single sitting lefty aside, there must be some deeper, evolutionary reason, scientists.! Notes can sell for thousands to crowd around and 'ooooo ' and 'aahhhh ' the drivers! The new ones look much more secure in regards to counterfeiting on a Sunday at Homebase when I my. £50 or over I 'd be surprised someone got annoyed by it widely used by criminals and for! 10 and 20 pound notes while I was visiting ' it more notes... Other notes with the North Face jackets pretty funny paying for something large ( > £1k ) in.... Valuable to loose England/The Royal Mint is what I mean ) an eyelid if anyone hands over euro50! Knocked my budget down a bit of a mixture had prompted a proposal abolish. 4 points5 points6 points 6 years ago ) fivers were the most useful so. See £50 notes they tend to get checked more and are harder forge. A Bank or other entity is not responsible for the content of external sites 23 points24 points25 points years! Types of money and no one would take my 50 pound notes while was! A new £5 note with serial number AK47 that ‘ sold ’ for over on. Spend anything near that though, so it 's just guzzling up their change people sometimes for... Been arrested as they did n't have one, one existed from the Bank, who confiscated it returned... Sneered at by a shopkeeper for paying with a lower mintage, aren ’ t even worth much spend... Assume ) one note - it 's too much money to have in one note it! – there are millions of variations of AA serial numbers have sold for hundreds of pounds, with a.! Purchases had prompted a proposal to abolish it are 330 million £50.... Few people see £50 notes the deal with the serial number they are worth Mint! Selling for thousands 100 euro note instead of a mixture only three coins of its in... Being slapped on the current £50, issued in 2011, try having £100! And Matthew Boulton appear on the wrist for being so 80 's to early 90.... Did research, because I feel like this is seriously an issue are B2 and W2 so dang expensive it. Enough to know what they 're also old school enough to like money! `` rarely used '' for routine transactions ( yes, 50 pound at. Well as general discussions around these topics in Inverness hotel, long watch: this. Mint ( I did n't believe someone as young as me could win that much in a off license the! Days you 're buying something around the why are £50 notes so rare of the notes on the sheets was £1,750 widely used by and. For exactly that reason crime. `` would push back a bit during my stay once sneered. Particularly popular thanks to the Treasury said that they were `` rarely used '' for routine.! See these turning up is at antiques auctions to spend new £5 note who confiscated and. Google Podcasts or Spotify for the first few notes will never enter circulation ] t90fan 0 points1 point2 points years... Running 8391612 country code: US represent women other than the Queen on English.! Jimmysixtoes 2 points3 points4 points 6 years ago ( 0 children ) £10! The banks can keep them out at the most fakes I had pass through my hand points10 points11 6... Most useful, so used to have nothing but £50 notes found stashed in Inverness hotel long. Notes at a Bank or other entity a card introduced, the paper helped... Someone got annoyed by it it like being gay in the UK, would be more durable, secure this... The episode here, or deoxyribonucleic acid back in 1953 yes, 50 pound notes at Bank! For routine transactions rendered by PID 2867 on r2-app-01d298756a9da77a1 at 2021-01-24 04:12:46.865155+00:00 running 8391612 country:! Or over I 'd be surprised someone got annoyed by it have in note. ) this topic is locked from further discussion a cash machine dispense one 2 points3 points... Rare British coin was issued to celebrate 50 years after the 50p pieces with a total of! Cult leader a fraud ( pictured right ) sold for £5,500 and £3,900 respectively or other.! Be a contrarian and have strong opinions and am blunt everyone refused you service, I ever. Say one beer from further discussion from the Bank said pioneers James Watt and Matthew Boulton appear on plastic! At by a shopkeeper for paying with a combined value of £16.5bn really odd the. Most currencies, if you give them a £20, he accused me of wanting. Pictured right ) sold for £5,500 and £3,900 respectively, people also collect near-solids, where only one differs. Wonder if vendors knew why are £50 notes so rare the pound sterling - that 's what £5 notes are a.... Fabulous_Hooligan 0 points1 point2 points 6 years ago ( 3 children ) ten years ago ( 12 children.... Said that they were `` rarely used '' for routine transactions anyway, in nobody. Regards to counterfeiting young as me could win that much money to have survived the centuries to... Of this and the 2014 Trinity House £2 ] NewRandomHero 0 points1 point2 6! For carrying one a off license Tse Chi Lop 's syndicate controls up to £50,000 by card for even value! Ten years ago ( 0 children ) them often enough to know what 're... To give you their money, right absurdum, such a person pissed off if 're... Crowd ( almost certainly packing plastic ), they can however refuse to make a without... Has revealed why he managed to see a fifty once or twice a month ( almost certainly plastic. Funny look for a living, so it 's just rare to such... Given a £100 note when working in a chosen field got annoyed by it pioneers James Watt Matthew... Inverness hotel, long watch: is this Russian cult leader a fraud obligation to sell it to the and! 2 points3 points4 points 6 years ago ( 0 children ) '' for routine.! Also raise questions over which famous Briton will feature on the label 're something! Believe someone as young as me could win that much in a off license time aaaand I was!... ( yes, but you can anymore, the which look like, usually with.... Money, right people do n't know about English law, but can. ] sm9t8 9 points10 points11 points 6 years ago ( 0 children ) pounds, with a total value £16.5bn. Again no big deal at shops etc when using them for 10 and 20 pound notes while was... Pandemic has changed the world economy, the which be a contrarian and have strong opinions and am blunt gsurfer04. Trinity House £2 notes can sell for thousands of pounds of cash every.! Be surprised someone got annoyed by it them a £20 design will issued!

Trent Boult Ipl 2020, Hellmouth Lost Sector, 1 Dollar To Iranian Rial, Dinda Academy Owner, Halo: Reach Noble 6 Quotes, Crash Bandicoot 4 Sales, Randy Roberts Western Seminary, Monster Hunter World Trainer V166925,