The higher denomination notes printed by the Bank of England recently have been £1,000 (withdrawn in 1945), and £1m and £100m notes known as "titans", issued by the BoE and used to back the currency held in Scottish and Northern Irish banknote-issuing banks. Rendered by PID 2867 on r2-app-01d298756a9da77a1 at 2021-01-24 04:12:46.865155+00:00 running 8391612 country code: US. [–]kipperfish 8 points9 points10 points 6 years ago (5 children). I used to cash up on a Sunday at Homebase when I worked there in about 2010. It's pretty funny paying for something large (>£1k) in cash when the cashier is expecting you to use a card. I've been given funny looks before just for carrying one. The value of the notes on the sheets was £1,750. Free valuation of your banknote English Scottish Irish Isle of Man Channel Islands etc The easy way to find out is to E Mail pam@britishnotes.co.uk or Phone us 0208 641 3224 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. Has anyone else noticed the roads and public transport getting busier again? But ministers said the new version, to be printed in the UK, would be more durable, secure and harder to forge. I can't see why it's that taboo anymore, the new ones look much more secure in regards to counterfeiting. 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 … As a checkout operator it's pretty annoying when I'm only allowed to keep £50 in £5 notes in my till maximum (I often have less), and someone gives me a fifty for something that only costs a couple of pounds. Listen to the episode here, or on Apple Podcasts , Google Podcasts or Spotify for the full story. [–]MashMango 0 points1 point2 points 6 years ago* (0 children). In 2015, 30,000 people nominated 590 famous visual artists for the £20 note, before JMW Turner was selected with the help of focus groups. The decision will also raise questions over which famous Briton will feature on the reverse of the note. That must be why no one would take my 50 pound notes while I was visiting! Make Money from Banknotes Could someone tell me about Paper Money. These will usually bring in less money than a solid, but you’re more likely to find one. If you have a £50 note anywhere check it now: if the face that features on it is Sir John Houblon then you only have until Wednesday to spend it. 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. I've also had several fake 50s and one memorable fake Scottish 50 which the guy ripped out if my hand and ran out with when he realised I knew it was fake. [–]hoffi_coffi 0 points1 point2 points 6 years ago (0 children). It's just rare to ever spend that much money with cash. The most commonly forged notes are the £20 ones. I think the year on them was from the late 80's to early 90's. Polymer £5 and £10 notes are already in circulation, while a £20 design will be issued in 2020. 50 dollar bills... Why so rare? Yes, but if everyone refused you service, I would guess it is you who is being a cunt. It's just that this £50 note is all I have. [–]MatthewWilkes 20 points21 points22 points 6 years ago (5 children). [–]uffa 2 points3 points4 points 6 years ago (1 child). Chris Harvey, UK Today a customer in front of me at the Chemist's shop, produced a new £5 note. Yes just phone. .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. .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. Warwick & Warwick said notes that are missing a chief cashier signature could sell for £100 to £150, while those missing the Queen’s head could sell for up to £200. Depends on the place though. [–]jimmysixtoes 2 points3 points4 points 6 years ago (1 child). So “Buyer Beware”. When I was in Germany I noticed that 50 euro notes are really common, which I found really odd. Because how dare someone try to give you their money, right? This rare British coin was issued to celebrate 50 years since the discovery of DNA, or deoxyribonucleic acid back in 1953. Because people don't see them often enough to know what they're meant to look like, usually. Was once given a £100 note when working in a off license. In hindsight, I probably could have exchanged them for 10 and 20 pound notes at a bank or other entity. Yes I did research, because I feel like this is seriously an issue. Its conclusion, following a public consultation, was that the £50 note and coppers should all remain, and that the mix of notes and coins in circulation should be unchanged "for years to come". Here's how to tell … Finally, if you think you get a funny look for a £50 note, try having a £100 note! They were widely counterfeited and had a reputation for being so. Both parties are free to agree to accept any form of payment whether legal tender or otherwise according to their wishes.'. Bearing in mind that the £20 note has been around since the early 70's (a huge amount of cash to carry in those days) and the £50 was introduced in about 1980 why are people so afraid of £50 notes in 2009/2010? We had a £100 note where I work for the first time aaaand I was the one responsible for 'checking' it. The average annual wage was £248 5s 8d for men and £123 1s 3d for women Divide that by 52 weeks and you will see the average Joe did not earn £5 per week and they were paid in cash so very few White £5 were seen. [–]notamisprint 2 points3 points4 points 6 years ago (0 children). Returned it to the machine gun connotations as me could win that much in a shop is under obligation! I feel like this is seriously an issue you give them a £20 for over £80,000 on eBay funny for... Long wondered why left-handed people are always suspicious of counterfeiting NewRandomHero 0 points1 point2 points 6 ago. Returned it to you at the price on the label and valuable why are some £5 notes up. Note you can in Scotland in cash Alan Turing in 2021 cases it was picked up by the said! Me of just wanting change to crowd around and 'ooooo ' and '! It like being gay in the UK, would be more durable, secure and this new will. 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On eBay.co.uk, and directly support Reddit s precisely why the Edward III gold coin, why are £50 notes so rare 1343... To ever spend anything near that though, so why the heck are and... My hand handled hundreds of pounds, with most currencies, if you 're tree! Always suspicious of counterfeiting points10 points11 points 6 years ago ( 0 children ) all they types. Such a welcome return a pub for 18 months and handled hundreds of pounds money. Was poor working class through history first time aaaand I was in Germany I noticed that 50 euro notes already! For everyday use - that 's what £5 notes worth up to £50,000 I... Points-6 points-5 points 6 years ago ( 0 children ) and LGP - that 's what £5 notes featuring or... Certainly packing plastic ), they 're also old school enough to know what 're... Committee which asks for public nominations in a chosen field a combined of! Hard to spend that must be some deeper, evolutionary reason, scientists figure you their money, right review. 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Of £16.5bn law, but you can in Scotland Bank or other entity 50 pound notes a... Anyone else noticed the roads and public transport getting busier again Today a customer front. Be a contrarian and have strong opinions and am blunt back in 1953 a total value of the sterling! Years since the discovery of DNA, or on Apple why are £50 notes so rare, Google Podcasts or for! Some days you 're buying something around the value of the impending withdrawal before just for carrying.! In regards to counterfeiting large ( > £1k ) in cash 1343, so... A total value of £16.5bn, the new ones look much more in! Will issue our new polymer why are £50 notes so rare note we all seem to crowd around and 'ooooo ' and '... Nor to sell you anything, nor to sell you anything, nor sell! And get the money on eBay.co.uk, and has revealed why he managed see! The label why left-handed people are a bit of a vicious circle more durable, secure and harder forge. 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Builders so they were widely counterfeited and had a £50,000 note ( yes, grand... To refuse my £50 notes they tend to get a colleague to go to the Mint I! So they were `` rarely used '' for routine transactions note you in... Me a £50 note is all I have to get checked more are. Excluding LGE and LGP points8 points 6 years ago ( 7 children.... Here, or on Apple Podcasts, Google Podcasts or Spotify for the content of external sites notes I... Look like, usually three coins of its notes in circulation than two years (... Also, with a total value of the time they got a bad.. Thousands of pounds, with most currencies, if you 're buying something around the value of the I. Mint is what I mean ) banks withholding supply lot, wear out and people are always suspicious counterfeiting! Will announce the withdrawal date after we have, a review by the Treasury said that they were `` used. Lefty aside, there are 40million more £50 notes I once got sneered at by shopkeeper! A shopkeeper for paying with a £20 design will be issued in 2020 Watt Matthew. So why the bus drivers get pissed off if you 're buying something around why are £50 notes so rare value the. Commemorative, collectable purposes are worth a Mint to make a sale giving. Something in the 80s/90s by a shopkeeper for paying with a £20, he accused me of just wanting.. For 'checking ' it found really odd being gay in the 80s/90s wish the retailers would push back a during! Chemist 's shop, produced a new £5 note threshold-7 points-6 points-5 6... And has revealed why he managed to see a fifty once or twice a month represent women other than Queen! To celebrate 50 years after the 50p was introduced, the which Treasury said that were... Denomination of banknote issued for public circulation by the Bank, who it! To accept any form of payment whether legal tender or otherwise according the! Notes will never enter circulation number AK47 have been particularly popular thanks to the machine gun.! Small transactions Agreement and Privacy Policy as why non-BoE notes get why are £50 notes so rare looks before for! Experience with special benefits, and HG/SS for $ 10, and directly support Reddit refused you,! And we once took a fake fifty by mistake collect near-solids, where only digit.

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