Scottish money in England...

Scottish money in England...

Author
Discussion

nonuts

15,855 posts

231 months

Monday 10th August 2009
quotequote all
Isle of Man money is the only one I ever had an issue with... will remember to spend it all before leaving next year.

SamHH

5,050 posts

218 months

Monday 10th August 2009
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Vipers said:
No one bothers checking their coinage for English, Scottish, Welsh?
What do you mean? The whole of the UK uses the same coinage.

isee

3,713 posts

185 months

Monday 10th August 2009
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Never had a problem using Scottish notes. Even swapped someone's scottish £20note for the english one cause the car park machine was not accpeting theirs.

Halb

53,012 posts

185 months

Monday 10th August 2009
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otolith said:
As I understand it, "legal tender" only means that it must be accepted if offered in settlement of a debt - a shopkeeper is allowed to refuse to accept any form of payment he wishes at the point of sale.
He also doesn't need you give you 'change'!biggrin

cazzer

8,883 posts

250 months

Monday 10th August 2009
quotequote all
SamHH said:
Vipers said:
No one bothers checking their coinage for English, Scottish, Welsh?
What do you mean? The whole of the UK uses the same coinage.
I beg to differ.




mouseymousey

2,641 posts

239 months

Monday 10th August 2009
quotequote all
Silverbullet767 said:
People who don't take scottish money are idiots.

"and today the exchange rate is....... £1 to a £1........"
When I was once on holiday the hotel exchange rate board listed a very slightly different exchange rate for Scottish and English pounds.

Nolar Dog

8,786 posts

197 months

Monday 10th August 2009
quotequote all
Vipers said:
I have a Manx 50p with a motorcycle pic on the back, someone was selling them for £5 on ebay the other week?

I have absolutely no idea who the rider is by the way.

smile
It's John McGuinness, multi-time (14 IIRC?) TT winner on a Honda Fireblade. It's to celebrate Honda's 50th year of racing.

nerd

ETA: Assuming you mean the latest one. There are a few others too.

Edited by Nolar Dog on Monday 10th August 12:16

SamHH

5,050 posts

218 months

Monday 10th August 2009
quotequote all
cazzer said:
SamHH said:
Vipers said:
No one bothers checking their coinage for English, Scottish, Welsh?
What do you mean? The whole of the UK uses the same coinage.
I beg to differ.



The one pound coin, until recently, featured yearly changing designs on the reverse that represented the four home nations. These coins do not have any special connection with those regions of the UK though, just as the one penny has no special connection with the Houses of Parliament.

All UK coins are made by the Royal Mint and all have the same status throughout the UK.

Vipers

32,945 posts

230 months

Monday 10th August 2009
quotequote all
Nolar Dog said:
It's John McGuinness, multi-time (14 IIRC?) TT winner on a Honda Fireblade. It's to celebrate Honda's 50th year of racing.nerd
Thanks for info.

smile

DrTre

12,955 posts

234 months

Monday 10th August 2009
quotequote all
Vipers said:
Look on the back? some have a Welsh logo on, some English and some Scottish, not that it makes any difference, but I just wonder why people centre on Scottish notes being an issue, and dont bother about coinage.

smile
Coins are not as easy to forge maybe? (dunno, I'm not a forger)

And because coins don't say "Bank of Scotland", "Royal Bank of Scotland" or "Clydesdale Bank" in large text on them which raises "suspicion"

And a quid here or there it's less likely that anyone will pay attention...ten or twenty nicker is more of "loss"..

SamHH

5,050 posts

218 months

Monday 10th August 2009
quotequote all
Vipers said:
Look on the back? some have a Welsh logo on, some English and some Scottish, not that it makes any difference, but I just wonder why people centre on Scottish notes being an issue, and dont bother about coinage.
smile
All UK coins are made by the same organisation (the Royal Mint), are issued throughout the UK to the same designs and have the same legal status throughout the UK.

English and Welsh banknotes are made by the Bank of England, whereas Scottish banknotes are made by Scottish commercial banks to a different design and they have a different legal status.


Edited by SamHH on Monday 10th August 12:27

Vipers

32,945 posts

230 months

Monday 10th August 2009
quotequote all
SamHH said:
English and Welsh banknotes are made by the Bank of England, whereas Scottish banknotes are made by Scottish commercial banks to a different design and they have a different legal status.
Indeed they do, see my earlier post, English notes are not even "Legal" in Scotland, why do we live in a muddled country.

smile

DrTre

12,955 posts

234 months

Monday 10th August 2009
quotequote all
Vipers said:
Indeed they do, see my earlier post, English notes are not even "Legal" in Scotland, why do we live in a muddled country.

smile
Neither are Scottish, it's just the way of the world and all worked fine until the graphic designers got involved...

Adam B

27,392 posts

256 months

Monday 10th August 2009
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DrTre said:
Coins are not as easy to forge maybe? (dunno, I'm not a forger)
lots of dodgy £1 coins about now

DrTre

12,955 posts

234 months

Monday 10th August 2009
quotequote all
Adam B said:
lots of dodgy £1 coins about now
A good few years ago an acquantance of mine used to run a market stall on which he was passing off fake pound coins. He was doing quite well until one day a bloke who'd just bought something stood around waiting for his OH to appear from elsewhere.

Idly tossing one of the pound coins he'd just been given by my friend, said coin landed in his palm that was cradling a few other of the coins....they all chipped/shattered...

Friend had to explain himself in court...and didn't explain it very well...

londonbabe

2,061 posts

194 months

Monday 10th August 2009
quotequote all
Wikipedia said:
The Bank Charter Act 1844 began the process which gave the Bank of England exclusive note-issuing powers. Under the Act, no new banks could start issuing notes, and note-issuing banks were barred from expanding their note issue. Gradually, these banks vanished through mergers and closures, and their note-issuing powers went with them. The last privately issued banknotes in Wales were withdrawn in 1908, on the closure of the last Welsh bank, the North and South Wales Bank.[7] The last private English banknotes were issued in 1921 by Fox, Fowler and Company, a Somerset bank.[5] Today, the Bank of England has a monopoly on banknote issue in England and Wales.

GetCarter

29,432 posts

281 months

Monday 10th August 2009
quotequote all
FYI

Are Scottish notes legal tender?

In short ‘No’ these notes are not legal tender; only Bank of England notes are legal tender but only in England and Wales. Bank of England notes are not legal tender in Scotland.

However, in ordinary everyday transactions, the term ‘legal tender’ has very little practical application. As long as both paries of a transaction belive that parity exists, an English pound is worth as much as a Scottish pound, and vice versa.

Jackpot

355 posts

190 months

Monday 10th August 2009
quotequote all
I use these when in the UK if they're in my wallet, not legal tender in the UK even though UK Sterling is legal tender in Jersey. It seems no one notices, no harm done, a quick trip to the bank will swap them for UK Sterling.




Edited by Jackpot on Monday 10th August 13:52

Los Palmas 7

29,908 posts

232 months

Monday 10th August 2009
quotequote all
nonuts said:
Isle of Man money is the only one I ever had an issue with... will remember to spend it all before leaving next year.
Following a "business trip" to the IOM whilst in the RAF, I kept one of their pound notes in my wallet for ages. It was somehow interwoven with plastic or something that made it untearable. Cool.

Vipers

32,945 posts

230 months

Monday 10th August 2009
quotequote all
Los Palmas 7 said:
nonuts said:
Isle of Man money is the only one I ever had an issue with... will remember to spend it all before leaving next year.
Following a "business trip" to the IOM whilst in the RAF, I kept one of their pound notes in my wallet for ages. It was somehow interwoven with plastic or something that made it untearable. Cool.
I think the Australians ones are similar, almost undestructable.

smile