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New Alan Turing £50 note design is revealed

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161–170 of 171 posts

Re: New Alan Turing £50 note design is revealed

#161

I've lived in London for a while, and I'm still fascinated how uncommon £50 notes were. You try to pay with one and they look at you as if you were some kind of drug lord. Hop over to Switzerland, and you can buy a coffee with a 1000 franc (GBP780) note without any issues.

On a related note, 50 and 100 dollar bills in New York City are generally not accepted in most stores due to counterfeiting. Many places also refuse them due to not having enough change.

My understanding is that dollar bills are generally easier to counterfeit compared to UK notes.

Re: New Alan Turing £50 note design is revealed

#162
post #157
post #53

Earlier quoted context omitted.

The UK occasionally makes tributes to historical figures by producing new series of bank notes with their picture.

That's not what I was querying. I was wondering why you thing the UK will move to the Euro? We just left the EU and even when we were in it, we kept our currency.

We have just left the EU and its going so badly that even the fishing industry have turned on it. Once the idiot politicians who sold it have been sent packing we'll apply to re-join.

Re: New Alan Turing £50 note design is revealed

#163
post #47

Earlier quoted context omitted.

I have carried £50 notes (and accepted £50 notes when I had jobs while studying) and the only occasions I've seen them refused is when there wasn't enough change in the cash register. Scottish and other non-English sterling is another matter. Despite being legal tender in England, smaller shops don't see it frequently enough to want to take the risk handling them.

Im like 80% sure Scottish notes are not Legal tender even in Scotland. Legal tender has a fairly narrow definition. They are accepted, and legal, but not 'legal tender'... Well that was my understanding at least. There is also no obligation for shops to accept _any_ notes as far as I know. Especially when they have no idea how to tell if they're legit (Scottish notes are incredibly rare in England and Wales).

I never said there was a legal obligation for shops to accept notes. My point was that most shops will generally accept £50 notes (because why would a shop refuse payment?) so long as they have the float.

The point about Scottish notes not being legal tender is a surprise. Thanks for the correction there.

Re: New Alan Turing £50 note design is revealed

#164
post #149

Earlier quoted context omitted.

Aw. They're fun for the tourists. Also look at our neighbours who got rid of their royals and ended up run by Stalin, Mussolini, Hitler and Franco.

more than that the royal family owns the crown estates as personal property. (its not a royal thing, it a thing that happens to be owned by the royal family) They lease it to the UK government and bellow market value rate. it is worth over 5 pounds. if the royal family were to have the crown removed they could end their current lease similtanously causing the government to have major problem and crater the uk realest…

No, that's not how the Crown Estate works. It's not the personal or private property of the Royal Family.

See this for more detail: https://www.thecrownestate.co.uk/en-gb/resources/faqs

Re: New Alan Turing £50 note design is revealed

#165
post #162
post #157

Earlier quoted context omitted.

That's not what I was querying. I was wondering why you thing the UK will move to the Euro? We just left the EU and even when we were in it, we kept our currency.

We have just left the EU and its going so badly that even the fishing industry have turned on it. Once the idiot politicians who sold it have been sent packing we'll apply to re-join.

Thank God we left the EU, else we would be in the EU debacle regarding vaccines. We are ahead of every member state in terms of vaccinated population. Don't take this as me supporting Boris but its definitely a good thing that we left and the fishing thing we be sorted at some point in the near future. Even if it isn't, the benefits outweigh the cons and we can now act as our own nation free of the EU's bloated bureaucracy.

Re: New Alan Turing £50 note design is revealed

#166
post #165
post #162

Earlier quoted context omitted.

We have just left the EU and its going so badly that even the fishing industry have turned on it. Once the idiot politicians who sold it have been sent packing we'll apply to re-join.

Thank God we left the EU, else we would be in the EU debacle regarding vaccines. We are ahead of every member state in terms of vaccinated population. Don't take this as me supporting Boris but its definitely a good thing that we left and the fishing thing we be sorted at some point in the near future. Even if it isn't, the benefits outweigh the cons and we can now act as our own nation free of the EU's bloated burea…

Stage one: Denial.

Re: New Alan Turing £50 note design is revealed

#167
post #56

Earlier quoted context omitted.

Unless the UK has undergone a revolution in the past 80 years, I'm afraid to say that it is still the same government. The people involved are different, but just like in a company, it doesn't matter if the C-suite changes over the years - its still the same organization. Like a corporation, that government definitely feels bound by the obligations made by its predecessors, and, likewise, feels entitled to receive an…

There are many valid criticisms of the present government including in human rights areas, but considering it to be morally culpable for the legally-sanctioned harassment of a gay man before most of its MPs were born (and before the actual PM backed his party's pro gay-marriage faction and its MPs passed a law to formally pardon people convicted of Turing's "offence") simply because it respects its predecessors' debt…

The current PM's quotes about "bum boys" (and so on) from his past-life as a journalist speak for themselves about his moral culpability:

https://www.pinknews.co.uk/2019/12/12/boris-johnson-tank-top...

Re: New Alan Turing £50 note design is revealed

#168
post #166
post #165

Earlier quoted context omitted.

Thank God we left the EU, else we would be in the EU debacle regarding vaccines. We are ahead of every member state in terms of vaccinated population. Don't take this as me supporting Boris but its definitely a good thing that we left and the fishing thing we be sorted at some point in the near future. Even if it isn't, the benefits outweigh the cons and we can now act as our own nation free of the EU's bloated burea…

Stage one: Denial.

What a very thorough reply. Are you saying that right now, you would rather be in the EU? Frankly, I would rather be able to go to the pub. Have some nationalistic pride (assuming you are British) and please don't encourage the discarding of our currency.

Re: New Alan Turing £50 note design is revealed

#169

Earlier quoted context omitted.

On a related note, 50 and 100 dollar bills in New York City are generally not accepted in most stores due to counterfeiting. Many places also refuse them due to not having enough change.

My understanding is that dollar bills are generally easier to counterfeit compared to UK notes.

This is a correct understanding, though the US bills have gotten harder to counterfeit in recent years with the addition of color shifting inks and 3-D security ribbons. I'm comfortable taking larger bills for craigslist stuff when I have a mini UV light and anti-counterfeit marker with me. Though I prefer to meet at the bank and immediately deposit in the ATM.

Re: New Alan Turing £50 note design is revealed

#170

Polymer bank notes are considered better for the environment because of durability and under the guise of recycling, but now that we know about the catastrophe of microplastics, are they really? The volume is massive: with the most used notes lasting 3-5 years it won't be long until you have a billion plastic notes in circulation.

Usually though we like to keep money, rather than release it into the ocean.

The average lifespan for lower value banknotes can be a mere 12 months. They degrade, get lost and damaged during normal use.
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