£50 notes

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Discussion

MK4 Slowride

10,028 posts

210 months

Monday 30th March 2009
quotequote all
A friends of mine's dhead brother is serving 6 months for trying to spend dodgy money. So in that 6 months inside he could've worked to earn much more than this folly has cost him, in more ways than one.

Everyone has those pens & UV lights now if there's any doubt.

The chip shop in a village near my town has a big sign saying no £50 notes due to too many being used for counterfeit.

Dr Jekyll

23,820 posts

263 months

Monday 30th March 2009
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wolves_wanderer said:
TheEnd said:
Yep, since it's legal tender, that have no right to refuse it, so you'd be well within your rights to say take it or leave it.
I'd like to see them call the cops on that one.
wrong. Legal tender regs only apply to the settlement of a debt. If a business doesn't want to take £50s, Scottish money or anything else they are quite within their rights. It is for you to decide whether you want to do business with them on those terms.

Edit to say: I don't understand the problem as the £50 is the easiest note to spot a forgery anyway



Edited by wolves_wanderer on Monday 30th March 17:37
Surely once you've eaten the meal then you are trying to settle a debt. I can understand the paper shop refusing to do business with you if you only have a £50 note, but once the food is served business is being done.

Zod

35,295 posts

260 months

Monday 30th March 2009
quotequote all
turbobloke said:
wolves_wanderer said:
TheEnd said:
Yep, since it's legal tender, that have no right to refuse it, so you'd be well within your rights to say take it or leave it.
I'd like to see them call the cops on that one.
wrong. Legal tender regs only apply to the settlement of a debt.
yes

That was it!
So what do you think the bill in a restaurant is?

elster

17,517 posts

212 months

Monday 30th March 2009
quotequote all
The simple answer is there is no logical explanation.

People are dumb.

deevlash

10,442 posts

239 months

Monday 30th March 2009
quotequote all
its a piece of piss to check if a £50 note is real or no, the ink never dries on the real ones and if you rub it on a bit of paper it'll leave and red mark (or a green one if its a scottish note). Ive never seen a fake £50 though, I have seen loads of crap fake £10's, £20's and £1 coins. The £1 coins confused me, that must be quite a lot of hassle to make them, mould them and paint them in gold.

escargot

17,111 posts

219 months

Monday 30th March 2009
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deevlash said:
its a piece of piss to check if a £50 note is real or no, the ink never dries on the real ones and if you rub it on a bit of paper it'll leave and red mark
I've just tested that and you're right.

deevlash

10,442 posts

239 months

Monday 30th March 2009
quotequote all
escargot said:
deevlash said:
its a piece of piss to check if a £50 note is real or no, the ink never dries on the real ones and if you rub it on a bit of paper it'll leave and red mark
I've just tested that and you're right.
Im always right yes (although you did just post that to show off that youve got a £50 note lying around tongue out )

escargot

17,111 posts

219 months

Monday 30th March 2009
quotequote all
deevlash said:
escargot said:
deevlash said:
its a piece of piss to check if a £50 note is real or no, the ink never dries on the real ones and if you rub it on a bit of paper it'll leave and red mark
I've just tested that and you're right.
Im always right yes (although you did just post that to show off that youve got a £50 note lying around tongue out )
Yeah, but I can't bloody spend it anywhere. wink

turbobloke

104,737 posts

262 months

Monday 30th March 2009
quotequote all
Zod said:
turbobloke said:
wolves_wanderer said:
TheEnd said:
Yep, since it's legal tender, that have no right to refuse it, so you'd be well within your rights to say take it or leave it.
I'd like to see them call the cops on that one.
wrong. Legal tender regs only apply to the settlement of a debt.
yes

That was it!
So what do you think the bill in a restaurant is?
Usually but not always too high in comparison to quality of food and the service.

The plod explanation, if I remember rightly (and it was referenced back then in SP&L) was that the legal tender issue pertains to a step down the line from the actual interaction with any trader, in that if you are sued for non-settlement of an outstanding debt, demonstrating that you paid it using legal tender is the acceptable defence.

See plod and other suitably aligned legal beagles for more, I merely repeated what I'd read in SP&L in case it was helpful - it certainly seemed definitive at the time.

Nickyboy

6,700 posts

236 months

Monday 30th March 2009
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Same in the US when you try and spend a $100 bill

m4tt

591 posts

200 months

Monday 30th March 2009
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Incidentily despite being the highest value note, they actually have the least number of security features incorporated into the note by comparison to the others. They are well over due a re-design.

Easiest way to tell without UV/Pen is the red ink that never dries and the feel of them, fake ones just don't feel right!

deevlash

10,442 posts

239 months

Monday 30th March 2009
quotequote all
m4tt said:
Incidentily despite being the highest value note, they actually have the least number of security features incorporated into the note by comparison to the others. They are well over due a re-design.

Easiest way to tell without UV/Pen is the red ink that never dries and the feel of them, fake ones just don't feel right!

wink

rhinochopig

17,932 posts

200 months

Monday 30th March 2009
quotequote all
deevlash said:
m4tt said:
Incidentily despite being the highest value note, they actually have the least number of security features incorporated into the note by comparison to the others. They are well over due a re-design.

Easiest way to tell without UV/Pen is the red ink that never dries and the feel of them, fake ones just don't feel right!

wink
Monopoly money doesn't count.

missdiane

13,993 posts

251 months

Monday 30th March 2009
quotequote all
Our company policy is to not accept them, we have done in the past, just had two of us to check it out, the fakes I have seen are pretty easy to spot

GG89

3,532 posts

188 months

Monday 30th March 2009
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as the great Michael Mcintyre says "Thats Legal Tenderr!" smile

sa_20v

4,108 posts

233 months

Monday 30th March 2009
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I have a love hate relationship with the blessed things, but not due to the trouble with off-loading them.

On a cold winters day in 2004, just ahead of dawn, I waited on a river bank between Bydgoszcz and Poznan. Months earlier I did some work for a 'well-connected' businessman, and now there I was, freezing my ass off, sick with fear, in a field with a mate waiting for payment. Anyway, having almost done a runner at seeing the ex-Soviet helicopter land in the snow nearby, my bravery was rewarded with a PS2 box stuffed full of US $ and £50 notes, and strangely, keys to an unknown Ford - which was nice.

deevlash

10,442 posts

239 months

Monday 30th March 2009
quotequote all
sa_20v said:
I have a love hate relationship with the blessed things, but not due to the trouble with off-loading them.

On a cold winters day in 2004, just ahead of dawn, I waited on a river bank between Bydgoszcz and Poznan. Months earlier I did some work for a 'well-connected' businessman, and now there I was, freezing my ass off, sick with fear, in a field with a mate waiting for payment. Anyway, having almost done a runner at seeing the ex-Soviet helicopter land in the snow nearby, my bravery was rewarded with a PS2 box stuffed full of US $ and £50 notes, and strangely, keys to an unknown Ford - which was nice.
this deserves a thread of its own!

wiggy001

6,545 posts

273 months

Monday 30th March 2009
quotequote all
Slightly off topic but kinda related to earlier points, I seem to recall Reading that there is no law that says a restaurant bill can be enforced ( eg if the service is crap) and you're fine as long as you try to settle for what you think the bill is worth, or something?.. Is this true? And if so, couldn't you apply this to anyone not wanting to accept a 50?

Just wondering whether I've broken the law when paying a quid for a st meal?!?





Wacky Racer

38,403 posts

249 months

Monday 30th March 2009
quotequote all
I was in a M'cDonalds once in Bury and an elderly woman around 70 ordered a meal and tendered a £50 note.....

The manager was called, looked at the note, (which I'm sure was genuine) and after a brief discussion they gave her the meal FREE, rather than have to give her £45's worth of change

m4tt

591 posts

200 months

Monday 30th March 2009
quotequote all
deevlash said:
m4tt said:
Incidentily despite being the highest value note, they actually have the least number of security features incorporated into the note by comparison to the others. They are well over due a re-design.

Easiest way to tell without UV/Pen is the red ink that never dries and the feel of them, fake ones just don't feel right!

wink
Smartarse tongue out