The Scots kept their £1 pound note so why did the English not keep theirs?Don't you think it would be easier when sending away quiz monies to use one instead of 'sellotaping' a coin to the quiz sheet? I'm sure the quizzers would find it a lot easier.
I believe that the Bank of England said that having a piece of paper for £1 was uneconomical, as the note didn't last long. Doing away with money to save money, I suppose.
Like the US one dollar bill, having a note for an amount that barely buys a newspaper (and sertainly does not buy a decent one) is a bit daft. It was OK when a newspapwer was 4d and a pint of beer 1s/6d, but you need at least three pounds to buy a beer now so a £1 note is past its usefullness. I'm looking forward to the £5 being similarly ditched.
The Scottish banks issue notes in denominations of £5, £10, £20, £50 and £100. Only the Royal Bank of Scotland continues to issue a small volume of £1 notes.
Well, sort of. Scottish banknotes are issued by each of three banks. (Bank of Scotland, Clydesdale Bank and RBS). Neither the Bank of Scotland nor Clydesdale Bank issue £1 notes (and RBS only issues them in very limited quantities).
One pound notes were withdrawn in England because they only lasted for very short periods (typically of just a few months) before they had to be replaced.
Should have been better to re-evaluate our unit of currency so every "new" note was worth 10x (or maybe 100x) the value of the old; rather than have the ignominy of a mere small-change coin as our currency. :-(
The post office doesn't like the coins at all, they damage the envelopes, can fall out of said damaged envelope and then they're lost, they gets jammed in the machines too. I wouldn't mind using the note.
NJ if the £5 note was ditched, beggars on the streets would be looking to get a £10 note instead.
Pete, I have some Scots pound notes, I use them for the quizzes. They are still around.
Can't say vakayu. I don't use them when sending for English quizzes that's why it would be nice to have the English ones back. I know the English aren't even too keen to accept the larger notes.
The cardboard idea is a good one methyl, must try that as I usually just tape the coin to the quiz. I don't know about using postal orders, there is a charge for them making it more expensive. When you do as many quizzes as I do it's not ideal. Some interesting comments from you all.