Old £5 notes

huskydog replied on 18/03/2017 22:09

Posted on 18/03/2017 22:09

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 

redface replied on 19/03/2017 11:48

Posted on 19/03/2017 11:48

Thanks Husky

 

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

trellis replied on 19/03/2017 16:16

Posted on 19/03/2017 11:48 by redface

Thanks Husky

 

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

Posted on 19/03/2017 16:16

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

Nuggy replied on 19/03/2017 17:03

Posted on 19/03/2017 17:03

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 replied on 19/03/2017 22:40

Posted on 19/03/2017 22:40

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 replied on 20/03/2017 13:10

Posted on 19/03/2017 22:40 by ABM

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

Posted on 20/03/2017 13:10

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

JohnM20 replied on 20/03/2017 14:26

Posted on 20/03/2017 14:26

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 replied on 20/03/2017 14:38

Posted on 20/03/2017 14:38

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 replied on 20/03/2017 14:41

Posted on 19/03/2017 22:40 by ABM

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

Posted on 20/03/2017 14:41

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 replied on 20/03/2017 15:57

Posted on 20/03/2017 15:57

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

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