£5 Notes - Are they being phased out?
£5 Notes - Are they being phased out?
Author
Discussion

jesusbuiltmycar

Original Poster:

5,069 posts

277 months

Thursday 13th August 2009
quotequote all
Yet again I ended up with a pocket full of change becasue the cashier had no £5 notes. Are they in short supply? Are they beng phased ut by stealth?

Have the Bank of England stopped printing them? If so I must of missed the announcement.

I cannot remember the last time I saw a "new", good condition £5 note. Anyone else seen one latlt?


Silverbullet767

11,036 posts

229 months

Thursday 13th August 2009
quotequote all
Most fivers are dog eared, wiped in st, sat on, washed in the machine piles of crap.

Hedders

24,460 posts

270 months

Thursday 13th August 2009
quotequote all
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01

curtisl

1,406 posts

229 months

Thursday 13th August 2009
quotequote all
i read once, not sure where, but the shelf life for a five pound note in comparison is about 4 times less than a 20. Now i can't remember if this was due to general wear and tear or produced that way on purpose for some reason.

B15TT0

1,204 posts

265 months

Thursday 13th August 2009
quotequote all
Hedders said:
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01
No way - I hate a pocket full of change. Give me notes any day.

£100 pound notes are a bad idea too. People would be awkward about accepting them, plus it's nice to get more than one piece of paper out of a trip to the cash machine!

Silverbullet767

11,036 posts

229 months

Thursday 13th August 2009
quotequote all
curtisl said:
i read once, not sure where, but the shelf life for a five pound note in comparison is about 4 times less than a 20. Now i can't remember if this was due to general wear and tear or produced that way on purpose for some reason.
You sure it wasn't worth 4 times less?? hehe

gamefreaks

2,053 posts

210 months

Thursday 13th August 2009
quotequote all
Hedders said:
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01
People are awkward enough about £50 notes as it is!

BrabusMog

21,416 posts

209 months

Thursday 13th August 2009
quotequote all
gamefreaks said:
Hedders said:
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01
People are awkward enough about £50 notes as it is!
Depends where you are spending them really.

I don't know if the £100 note comment was serious, but I would quite like them to be in circulation.

louiebaby

10,883 posts

214 months

Thursday 13th August 2009
quotequote all
I actually got a couple of fivers out of a cash machine the other weekend.

I nearly fainted.

mickk

30,177 posts

265 months

Thursday 13th August 2009
quotequote all
gamefreaks said:
Hedders said:
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01
People are awkward enough about £50 notes as it is!
Not as hard to get rid as Scottish notes

snowy

541 posts

304 months

Thursday 13th August 2009
quotequote all
All down to quantitative easing, prices rising, print more usable money, £5 to be phased out, soon it be be 20's,50's 100's and 1000's pound notes printed only

fadeaway

1,463 posts

249 months

Thursday 13th August 2009
quotequote all
think there's just a problem getting them into circulation. Banks don't really want to put them in cash machines, as they only have space for a certain number of notes, and filling it up with fivers means it's likely to run out. That's why you get lots of £20's in them.

deadmau5

3,197 posts

203 months

Thursday 13th August 2009
quotequote all
About 2 months ago the Barclays in Bangor was giving out brand new £5 notes.

isee

3,713 posts

206 months

Thursday 13th August 2009
quotequote all
mickk said:
gamefreaks said:
Hedders said:
I think they should be phased out, just give us a £5 coin.

we should reintroduce the £100 note while we are at it.



Edited by Hedders on Thursday 13th August 13:01
People are awkward enough about £50 notes as it is!
Not as hard to get rid as Scottish notes
Never, ever had anyone inspect a £50 with more distrust than any other note. You sure it's not just the way you look/dress? smile

Hedders

24,460 posts

270 months

Thursday 13th August 2009
quotequote all
BrabusMog said:
I don't know if the £100 note comment was serious, but I would quite like them to be in circulation.
Yes, it was serious smile

You can still spend a £1000 bill if you can find one so i don't see why £100 note is so risky.





Edited by Hedders on Thursday 13th August 13:44

Vipers

33,437 posts

251 months

Thursday 13th August 2009
quotequote all
Maybe a £5 and £10 coin is overdue, lets face it, you cant buy much with either these days?.

smile

theboyfold

11,367 posts

249 months

Thursday 13th August 2009
quotequote all
Hedders said:
we should reintroduce the £100 note while we are at it.
The Euro zone is a long way ahead of you already"


Hedders

24,460 posts

270 months

Thursday 13th August 2009
quotequote all
OOH, a 500 note. I like!


zac510

5,546 posts

229 months

Thursday 13th August 2009
quotequote all

jamoor

14,506 posts

238 months

Thursday 13th August 2009
quotequote all
I would like £1 notes.

I hate change.