Scottish currency

[Emma58]

Can you use it in England?

OH has just been given £40 in Scottish notes. Do places here accept it?

 

[muppetmummy]

yes you can use it anywhere in the UK as its still sterling. Some shops can be a bit funny though.

 

[Emma58]

Thanks hun

OH wasn't sure whether he could use it here or not. I know some places can be a bit funny about it.

 

[muppetmummy]

I grew up in England and until I met OH I'd never been to Scotland. I remember being given a scottish note in a shop when I was younger and not realising I could spend it, I never even knew scotland had different pictures on their notes at that point

 

[Jade&Evie]

HAHA. You've just reminded me of something...

Part One: Fast Forward to 8 minutes
http://uk.youtube.com/watch?v=Es2l4yUBY6M
Part Two:
http://uk.youtube.com/watch?v=CLPyPJTwEC4

 

[Emma58]

PMSL

 

[Meggiewoo]

It's funny how English shops are funny about Scottish notes! Scottish stores don't give a toss as long as it's dosh!!

I had a shouting match with a woman in a newsagents in Scarborough about this!

Kim x x x x

 

[muppetdaddy]

It's the old cliche but it's worth doing anyway for a giggle ...............

If the shopkeeper gives you an english note in your change hold it up to the light and scrutinise it then ask if they have any scottish notes instead as your not sure if you can use it 'back home'

Gets them everytime and teaches them a valuable lesson as well

 

[SarahH]

I luuuuuurve spending my scottish notes in England!

When I was still working I had to go work at a stand at the NECC every year, I used to take a scottish fiver, go buy the coffees from the stall and be guarenteed to get about £15 in change!

 

[daftscotslass]

I luuuuuurve spending my scottish notes in England!

When I was still working I had to go work at a stand at the NECC every year, I used to take a scottish fiver, go buy the coffees from the stall and be guarenteed to get about £15 in change!

Brilliant

I'm in London quite regularly as my best mate lives there and I forever have problems there. I remember a person in a service station telling me once that he thought it was a forged note so I got his supervisor called and kicked up a stink.

If you want to see monopoly money just look at the Northern Irish notes

 

[Sherlock]

They should, its legal tender.

For some reason smaller shops etc tend to not like to be given it.

Also when buying and selling on the currencey markets NI and Scottish pounds trade at a slightly lower rate I seem to recall

 

[daftscotslass]

They should, its legal tender.

For some reason smaller shops etc tend to not like to be given it.

Also when buying and selling on the currencey markets NI and Scottish pounds trade at a slightly lower rate I seem to recall

Funnily enough it's actually not legal tender (not even in Scotland ), it's more of a promisary note - http://www.bankofengland.co.uk/banknote ... aqs.htm#15

 

[muppetdaddy]

Funnily enough it's actually not legal tender (not even in Scotland ), it's more of a promisary note

True, it's a promise to pay the bearer however many 'pounds' shown on the note, the word pound referring to the weight of 240 silver pennies or the equivalent weight in sterling silver.

Here comes the history bit

Up until the year 1528 a 'pound' referred to the Tower Pound which was equal to about 5400 grains of silver, worth about £80 in todays money. After 1528 the standard was changed to the Troy Pound which is bit heavier and worth about £95 nowadays.

And now the fun bit

Althought nobody has sucessfully tried, it is theoretically possible to walk into the Bank of England with a £5 note and demand £475 worth of sterling silver
Of course you would happily accept promisary notes up to the same value if the silver was in short supply, you could then demand that they were 'converted' into sterling silver, and so on and so on until you'd emptied the Bank of England

 

[mummykay]

HAHA. You've just reminded me of something...

Part One: Fast Forward to 8 minutes
http://uk.youtube.com/watch?v=Es2l4yUBY6M
Part Two:
http://uk.youtube.com/watch?v=CLPyPJTwEC4

EXCELLENT!!! love him, sooooooo funny

 

[Emma58]

Funnily enough it's actually not legal tender (not even in Scotland ), it's more of a promisary note

True, it's a promise to pay the bearer however many 'pounds' shown on the note, the word pound referring to the weight of 240 silver pennies or the equivalent weight in sterling silver.

Here comes the history bit

Up until the year 1528 a 'pound' referred to the Tower Pound which was equal to about 5400 grains of silver, worth about £80 in todays money. After 1528 the standard was changed to the Troy Pound which is bit heavier and worth about £95 nowadays.

And now the fun bit

Althought nobody has sucessfully tried, it is theoretically possible to walk into the Bank of England with a £5 note and demand £475 worth of sterling silver
Of course you would happily accept promisary notes up to the same value if the silver was in short supply, you could then demand that they were 'converted' into sterling silver, and so on and so on until you'd emptied the Bank of England

I like it

 

[Mummy-D]

I luuuuuurve spending my scottish notes in England!

When I was still working I had to go work at a stand at the NECC every year, I used to take a scottish fiver, go buy the coffees from the stall and be guarenteed to get about £15 in change!

That reminds me of when i was about 10 or 11 and i was visiting family in Manchester. I had gone to the corner shop to buy some sweets and a tin of juice and handed over a scottish fiver. They guy looked at it and asked me if i had anything smaller. I remember looking at him puzzled saying "no". He huffed and puffed and grumped and gave me change from a £20 note!! lol!!

 

[Misslarue]

Scottish notes aren't legal tender in England but most banks and large retailers will accept them.
http://www.independent.co.uk/money/inve ... 08210.html

When I was 16 I took a xmas job at Boots and this Scottish lady gave me a Scottish note. I had never seen one in my life as they are just not common in England so I said I would have to ask my supervisor if I was allowed to accept it. OMG, what a mistake! This woman went absolutely nuts at me in front of a queue of people
I was only a 16 year old girl and I just didn't have a clue! She def taught me a lesson about accepting Scottish notes in England!