Old £5 notes

huskydog
huskydog Club Member Posts: 5,460 ✭✭✭✭✭
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edited March 2017 in General Chat #1

just a heads up that on the 5th May the old £5 notes cease to be legal tender and shops etc will not accept them ,if you have any or find any down the back of the sofa after that date  just take them to a bank,building society or post office to exchange it for a "new" one 

Comments

  • redface
    redface Forum Participant Posts: 1,701
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    edited March 2017 #2

    Thanks Husky

     

    The alternative is to hang on to them for 50 years and see if you can auction them off for £10!

  • malc1945
    malc1945 Forum Participant Posts: 74
    edited March 2017 #3

    or better still the correct way to dispose of them is to send the to me  lol

  • trellis
    trellis Forum Participant Posts: 1,102
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    edited March 2017 #4

    As I will be in excess of 110yrs old by then ,I think I'll pass on that but thanks.laughing.

  • Nuggy
    Nuggy Forum Participant Posts: 512
    edited March 2017 #5

    Apparently there are already forgeries in circulation of the new plastic five pound note. I understand that the forgeries are missing the Big Ben tower in the see through window. Didn't take the crooks long.

  • ABM
    ABM Forum Participant Posts: 14,578
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    edited March 2017 #6

    Then  the  next  date  is  sometime in  October  I  believe,  when  the  Round  £1  coins  go,  to  be  replaced  with  the  new  12 -- sided  one .Rather  like  the  old  thruppenny  bit,  and  worth  about  the  same   yell

  • triky auto
    triky auto Forum Participant Posts: 8,690
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    edited March 2017 #7

    surprised Twelve sided ??  ??  That's going to grind hole's in the pockets !!  !!

  • JohnM20
    JohnM20 Forum Participant Posts: 1,416
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    edited March 2017 #8

    A friend works at a bank and she was telling me that the new £5 notes are not all they are cracked up to be.  Apparently if they get a nick on the edge they tear quite easily, if they are creased it's impossible to flatten them again and because of this they can't then be used in cash dispensers. Also, apparently, if you leave one in a pocket and wash it it will be OK until it's tumble dried when it will then shrink!

  • Bakers2
    Bakers2 Forum Participant Posts: 8,192 ✭✭✭
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    edited March 2017 #9

    I don't dispute what you say but don't understand how they can design so badly.our daughter lives in NZ and their notes are very similar to our new fivers they are a beggar to fold as they spring back. But as far as I know no cash machine or washing drier issues.  Do we never do research?

  • Bakers2
    Bakers2 Forum Participant Posts: 8,192 ✭✭✭
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    edited March 2017 #10

    You're probably right about their value. According to something I read £1 coin introduced 1983 and they reckon now has buying power if 32p. FTSE 100 would have been  £11.66.

  • tombar
    tombar Forum Participant Posts: 408
    edited March 2017 #11

    I find new £5s terrible to fold, so when you put one in your pocket, watch out as it may bounce out.  On the note of the older £5s, I will dig my cache up from the back gardenwink

  • brue
    brue Forum Participant Posts: 21,176 ✭✭✭✭✭
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    edited March 2017 #12

    Still on the lookout for the last Jane Austen fiver! laughing (Worth 50k plus?)

  • ABM
    ABM Forum Participant Posts: 14,578
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    edited March 2017 #13

     Two  points  Tombar  :--

    I  find  I  cannot  fold  the  New  £5  notes  'cos  the  shopkeepers  keep  grabbing  them  off  me  money-mouth

     

    And  these buried  notes  of  yours  :--  are  they  the  old  White  Fivers  at  all.  I  only  ask  'cos  I  dont  think  the  Romans  buried  many  of  THEM  !!

  • tombar
    tombar Forum Participant Posts: 408
    edited March 2017 #14

    Ha Ha!!!  As long as I get any up to date dosh, doesn't matterwink

     

  • tombar
    tombar Forum Participant Posts: 408
    edited March 2017 #15

    Forgot to mention ABM, I'm too young to remember the old white fivers, I only remember the old blue onestongue-out

     

  • ABM
    ABM Forum Participant Posts: 14,578
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    edited March 2017 #16

    Careful  there  Tombar  --  that's  a  delicate  nerve  you  are  jabbing  at  frown !

  • Snowy1
    Snowy1 Forum Participant Posts: 263
    edited March 2017 #17

    Talking about old Notes, how about these then;

    British Armed Forces Monopoly Money; See Photo!

  • Cornersteady
    Cornersteady Club Member Posts: 14,426 ✭✭✭
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    edited March 2017 #18

    well packed our 'bags' and off tomorrow for (according to the weather) fours days of unbroken sunshine and 20C. An early summer!

  • Cornersteady
    Cornersteady Club Member Posts: 14,426 ✭✭✭
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    edited March 2017 #19

    opps sorry though I was in another thread

    Old age catching up. If a mod could remove or feel free to leave it

  • Vicmallows
    Vicmallows Forum Participant Posts: 580
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    edited March 2017 #20

    Having been involved in the manufacture of ATMs and other cheque sorting machines, I can well believe what you are saying.  Biggest problem I recall is the Irish, who like to roll up their banknotes and cheques.  ( I must try rolling up a new fiver).

  • ABM
    ABM Forum Participant Posts: 14,578
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    edited March 2017 #21

    surprised  OOOOO  !  Do  be  careful  doing  that,  Vicm  embarassed

    If  you  are  seen  you  might,  just  might,  find  a  large  Police  Bod  getting  up  close  &  personal  --  rolled  up  notes  indeed  wink

  • robsail
    robsail Forum Participant Posts: 1,441
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    edited March 2017 #22

    Take the old money to a bank......?????????? They're closing branches quicker than i can get to them!

  • huskydog
    huskydog Club Member Posts: 5,460 ✭✭✭✭✭
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    edited May 2017 #23

    Just a reminder that you only have tomorrow (Friday) to spend your old £5 notes in shops surprised