wrote in message
...
"Peter Masson" wrote
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

???

The highest denomination banknote that I have ever seen issued was for
$100,000, bearing the portrait of late US president Woodrow Wilson.

But that was actually for a substantial amount. I am not counting
banknotes
from Yugoslavia, for example, which had a 1 billion-dinar note, due
because
of hyper inflation.

It's mentioned on this page.
http://www.bankofengland.co.uk/bankn...ther_notes.htm
I like the point that the GBP1 million and GBP100 million notes are 'not for
general circulation.'

Peter

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.

The highest denomination banknote that I have ever seen issued was for
$100,000, bearing the portrait of late US president Woodrow Wilson.

It's mentioned on this page.
http://www.bankofengland.co.uk/bankn...ther_notes.htm
I like the point that the GBP1 million and GBP100 million notes are
'not for general circulation.'

Neither were the $100,000 US ones. The largest US denomination for
general circulation is the $10,000, last issued around 1944 (but still
valid if you have any, as the US does not demonetize old issues).
The highest denomination still printed in the US dropped again around
1969 from $1,000 to $100, and Canada copied that move in about 2000,
in both cases on the grounds that criminals would be inconvenienced
and most other people would not.

ObRail: a few years ago in Switzerland I had the pleasure of buying
a train ticket that cost something like 130 francs and paying for it
by inserting cash into the ticket machine *including a 100-franc note,
worth over 40 pounds*. The 200-franc denomination was in common use
as well, and I daresay the machine would have accepted that too if my
ticket had been expensive enough.
--
Mark Brader | "But [he] had already established his own reputation
Toronto | as someone who wrote poetry that mentioned the el."
| --Al Kriman

My text in this article is in the public domain.

"Mark Brader" wrote in message
...

Neither were the $100,000 US ones. The largest US denomination for
general circulation is the $10,000, last issued around 1944 (but still
valid if you have any, as the US does not demonetize old issues).
The highest denomination still printed in the US dropped again around
1969 from $1,000 to $100, and Canada copied that move in about 2000,
in both cases on the grounds that criminals would be inconvenienced
and most other people would not.

It seems that people and businesses feel a bit uneasy about the 500-euro
note, as if it has some sort of stigma attached to it.

ObRail: a few years ago in Switzerland I had the pleasure of buying
a train ticket that cost something like 130 francs and paying for it
by inserting cash into the ticket machine *including a 100-franc note,
worth over 40 pounds*. The 200-franc denomination was in common use
as well, and I daresay the machine would have accepted that too if my
ticket had been expensive enough.

I notice that in Amsterdam, GVB does not accept 50-euro notes.

On 19/06/2008 at 23:33:56 (%mail)wrote: in
uk.railway

"Mark Brader" wrote in message
...

Neither were the $100,000 US ones. The largest US denomination for
general circulation is the $10,000, last issued around 1944 (but
still valid if you have any, as the US does not demonetize old
issues). The highest denomination still printed in the US dropped
again around 1969 from $1,000 to $100, and Canada copied that move
in about 2000, in both cases on the grounds that criminals would be
inconvenienced and most other people would not.

It seems that people and businesses feel a bit uneasy about the
500-euro note, as if it has some sort of stigma attached to it.

The 500 euro note seems to have been designed for wealthy Germans to
transport undeclared cash to and from their Luxembourg bank accounts.

Richard Hunt

" Richard Hunt" wrote in message
...


The 500 euro note seems to have been designed for wealthy Germans to
transport undeclared cash to and from their Luxembourg bank accounts.


Luxembourg or Liechtenstein?

On 20/06/2008 at 22:32:47 (%mail)wrote: in
uk.railway

" Richard Hunt" wrote in message
...


The 500 euro note seems to have been designed for wealthy Germans to
transport undeclared cash to and from their Luxembourg bank
accounts.


Luxembourg or Liechtenstein?

Both probably, but I gave seen on German tv reports about mobile /Zoll/
(customs) patrols pulling over vehicles near the Luxembourg border and
confiscating large amounts of euros and bearer bonds hidden in cars not
registered in the area. Even, in one case, 30,000 euro stashed *inside*
the spare tyre.

Richard Hunt

--

On Thu, 19 Jun 2008 23:33:56 +0100, wrote:
"Mark Brader" wrote in message
Neither were the $100,000 US ones. The largest US denomination for
general circulation is the $10,000, last issued around 1944 (but still
valid if you have any, as the US does not demonetize old issues).
The highest denomination still printed in the US dropped again around
1969 from $1,000 to $100, and Canada copied that move in about 2000,
in both cases on the grounds that criminals would be inconvenienced
and most other people would not.

It seems that people and businesses feel a bit uneasy about the 500-euro
note, as if it has some sort of stigma attached to it.

Maybe they're afraid it could be a counterfeit.
A few weeks ago, I bought my annual season ticket (complete NMBS network
+ De Lijn bus/tram) for EUR 2695, for which I payed in cash. From my
bank, I got a mix of 500, 200, 100 and 50 euro notes. At the station,
the clerk held all notes under a small ultraviolet lamp to see if they
were real. I asked him if he often encountered counterfeits and he said
yes, we do.

ObRail: a few years ago in Switzerland I had the pleasure of buying
a train ticket that cost something like 130 francs and paying for it
by inserting cash into the ticket machine *including a 100-franc note,
worth over 40 pounds*. The 200-franc denomination was in common use
as well, and I daresay the machine would have accepted that too if my
ticket had been expensive enough.

I notice that in Amsterdam, GVB does not accept 50-euro notes.

Not even when you buy ticket(s) for that amount or more?

Regards,

Rian

--
Rian van der Borgt, Leuven, Belgium.
e-mail: www: http://www.evonet.be/~rvdborgt/

On 20 Jun 2008 09:58:07 GMT, Rian van der Borgt
wrote:

[---]

A few weeks ago, I bought my annual season ticket (complete NMBS network
+ De Lijn bus/tram) for EUR 2695, for which I payed in cash. From my
bank, I got a mix of 500, 200, 100 and 50 euro notes.

Wouldn't it have been easier to pay with a credit card, or even a
cheque?

On Fri, 20 Jun 2008 22:14:36 +0200, Andrew Price
wrote:

Wouldn't it have been easier to pay with a credit card, or even a
cheque?

This is often a difference between the UK and mainland Europe where
credit cards are used a lot less. I can't even imagine a situation,
other than perhaps buying a car privately[1], where I might consider
dealing with that amount of cash. I'd pay by credit or debit card.

[1] Actually, I once paid £7000 odd for a car from a dealership on a
debit card. It just felt far too easy - just enter your PIN... (I did
have to notify my bank beforehand to prevent it being flagged as
suspicious, but other than that it was fine)

Neil

--
Neil Williams
Put my first name before the at to reply.

On Sat, 21 Jun 2008 09:14:15 GMT, (Neil
Williams) wrote:

Wouldn't it have been easier to pay with a credit card, or even a
cheque?

This is often a difference between the UK and mainland Europe where
credit cards are used a lot less.

Perhaps, although I'd definitely exclude France from your "mainland
Europe" definition, as Visa cards and cheques are very widely used
there. Germany certainly dragged behind for a very long time, though.

I can't even imagine a situation,
other than perhaps buying a car privately[1], where I might consider
dealing with that amount of cash.

Neither can I - just the idea of it makes me feel uneasy.