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#91
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On Mon, 16 Jun 2008, MIG wrote:
On 15 Jun, 17:08, Tom Anderson wrote: On Sun, 15 Jun 2008, Colin Rosenstiel wrote: In article , () wrote: I have noticed lately that there appear to be much less coins 1- and 2-pound coins, plus 50-pence coins with special reverses in circulation. Is it becoming a trend for the general public to hoard these coins? Since all £1 coin reverses are "special" I'm not sure what you mean there. Some are more special than others! Have a butcher's: http://www.ukcoinpics.co.uk/dec1p.html IME, the 1983 etc all-UK reverse is far and away the most common one to come across. The 1983 design had to replace every £1 note in circulation, so there's bound to be more of them. Aaaah, didn't think of that! After that it would just be replacements for natural wastage (or whatever it's called). It was re-issued in 1193, 1998, 2003 and 2008 (according to that site) - are you saying this was just to cover withdrawn or destructed 1983 coins? Why would they bother to replace like with like? tom -- Argumentative and pedantic, oh, yes. Although it's properly called "correct" -- Huge |
#92
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On 11 Jun, 19:56, Charles Ellson wrote:
On Wed, 11 Jun 2008 18:11:27 +0100, "Peter Masson" wrote: "Charles Ellson" wrote Crowns tended to be issued above face value in proof condition but the 1953 coins were IMU the first to be issued as part of a set of coins in "uncirculated" condition (as was the 1965 Churchill Crown). AFAIAA the 1953 uncirculated set was issued at or near face value so many (like my mother's) possibly disappeared/dispersed when there was an urgent need for cash. When were crowns last minted as normal currency, as opposed to commemoratives? That might be down to interpretation. The last intentionally-regular issues for general circulation seem to have been after the 1887 Royal Jubilee. Since then have been mostly commemorative issues but even before Victoria's time they don't seem to have been established as an "everyday" issue. I suspect their size possibly clashed with some kind of practical threshold above which coins were inconvenient to carry or handle. Todays 5p IMHO clashes with the lower threshold where coins are too small to be convenient to handle. |
#93
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On 16 Jun, 23:22, Tom Anderson wrote:
On Mon, 16 Jun 2008, MIG wrote: On 15 Jun, 17:08, Tom Anderson wrote: On Sun, 15 Jun 2008, Colin Rosenstiel wrote: In article , () wrote: I have noticed lately that there appear to be much less coins 1- and 2-pound coins, plus 50-pence coins with special reverses in circulation. Is it becoming a trend for the general public to hoard these coins? Since all £1 coin reverses are "special" I'm not sure what you mean there. Some are more special than others! Have a butcher's: http://www.ukcoinpics.co.uk/dec1p.html IME, the 1983 etc all-UK reverse is far and away the most common one to come across. The 1983 design had to replace every £1 note in circulation, so there's bound to be more of them. Aaaah, didn't think of that! After that it would just be replacements for natural wastage (or whatever it's called). It was re-issued in 1193, 1998, 2003 and 2008 (according to that site) - are you saying this was just to cover withdrawn or destructed 1983 coins? Why would they bother to replace like with like? Presumably just to replace pounds rather than specific ones. I don't know how the number of coins needed per year is calculated. It seems to assume a vast number getting lost or destroyed, but I don't know to what extent the total amount of currency in circulation varies from year to year or how it could be monitored in any case. |
#94
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On 14 Jun, 21:08, wrote:
"sweller" wrote in message ... wrote: The Channel Islands still have one-pound notes in regular circulation, incidentally. I refer to both Guernsey and Jersey. So does the Isle of Man - I got a couple in change when I was there for the TT this year. Really? I was under the impression that they had been completely replaced with pound coins, because I never saw or received any in change when I visited. What about other dependencies or colonies that have their currency pegged to the pound sterling? Neither dependent nor colonised but we in Scotland still have pound notes (issued by private banks). |
#95
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![]() "Stephen Allcroft" wrote Todays 5p IMHO clashes with the lower threshold where coins are too small to be convenient to handle. It is only slightly smaller than the pre-decimal sixpence, which was a pretty popular coin. The silver threepence was smaller, and it was unpopular (and not infrequently got swallowed in Christmas pudding). One of the reasons why it was replaced with the twelve-sided brass coin was that people wouldn't use it to pay bus fares, so bus conductors ended up with vast quantities of pennies, to the extent that London Transport handled in the 1930s about 600 tons per year of 'copper' coins. Peter |
#96
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![]() "Stephen Allcroft" wrote Neither dependent nor colonised but we in Scotland still have pound notes (issued by private banks). Only the Royal Bank of Scotland still issues one pound notes, though all three Scottish banks issue GBP100 notes, which is more than the Bank of England does. The Scottish banks have to have their banknotes backed by Bank of England notes, and for this purpose the Bank of England has issued notes for GBP1 million and GBP100 million. http://www.bankofengland.co.uk/bankn...ther_notes.htm Peter |
#97
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On Tue, 17 Jun 2008 04:16:15 -0700 (PDT), Stephen Allcroft
wrote: On 11 Jun, 19:56, Charles Ellson wrote: On Wed, 11 Jun 2008 18:11:27 +0100, "Peter Masson" wrote: "Charles Ellson" wrote Crowns tended to be issued above face value in proof condition but the 1953 coins were IMU the first to be issued as part of a set of coins in "uncirculated" condition (as was the 1965 Churchill Crown). AFAIAA the 1953 uncirculated set was issued at or near face value so many (like my mother's) possibly disappeared/dispersed when there was an urgent need for cash. When were crowns last minted as normal currency, as opposed to commemoratives? That might be down to interpretation. The last intentionally-regular issues for general circulation seem to have been after the 1887 Royal Jubilee. Since then have been mostly commemorative issues but even before Victoria's time they don't seem to have been established as an "everyday" issue. I suspect their size possibly clashed with some kind of practical threshold above which coins were inconvenient to carry or handle. Todays 5p IMHO clashes with the lower threshold where coins are too small to be convenient to handle. They're almost impossible to pick up when dropped on a hard floor without long fingernails. I've taken to hoarding them, along with pennies and tuppences, and exchanging them at the bank when I have a bagful. |
#98
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On Tue, 17 Jun 2008 13:02:36 +0100, "Peter Masson"
wrote: "Stephen Allcroft" wrote Neither dependent nor colonised but we in Scotland still have pound notes (issued by private banks). Only the Royal Bank of Scotland still issues one pound notes, though all three Scottish banks issue GBP100 notes, which is more than the Bank of England does. Really? When did they stop? They certainly used to issue a £100 note. |
#99
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![]() "James Farrar" wrote in message ... On Tue, 17 Jun 2008 13:02:36 +0100, "Peter Masson" wrote: "Stephen Allcroft" wrote Neither dependent nor colonised but we in Scotland still have pound notes (issued by private banks). Only the Royal Bank of Scotland still issues one pound notes, though all three Scottish banks issue GBP100 notes, which is more than the Bank of England does. Really? When did they stop? They certainly used to issue a £100 note. Last issued in 1943. Ceased to be legal tender in 1945. http://www.bankofengland.co.uk/bankn...uide/index.htm Peter |
#100
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"Stephen Allcroft" wrote in message
... Todays 5p IMHO clashes with the lower threshold where coins are too small to be convenient to handle. Have you ever seen a Dutch 10-cent coin? They were smaller than the 5p coins, IIRC. |
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