4 ms·

It’s cool, but the circulation for these notes is really low - I only ever used to see £50 notes when working in a shop that sold timber to builders!

jacknews 7y ago
Perhaps shows the state of Britain's economy/relative worth compared to the rest of the world, since I used them (true, only occassionally) late 90s/early 2000's, but they must be worth much much less now, due to inflation, not to mention that referendum thing. It's not because prices are low in Britain aka Treasure-Island, that's for sure! $100 bills are more than common, for example, and similar (actually quite a bit more) in value.
- aembleton 7y ago
  Where would you even get a £50 note from? I've never seen a cash machine dispense them.
  - deleted 7y ago
    [deleted]
  - jacknews 7y ago
    That's just what I'm saying though - if £50 ($65?) is still considered excessive value for a single note, it's perhaps a reflection on the relative wealth of Britons. I'm British but have been expatriated since early 2000s
    - xxs 7y ago
      Alternatively it can be a shift to cashless transactions for a bit larger sums.
    - tobylane 7y ago
      No, we would usually take/be given a stack of twenties. If it’s too much to be in that then it would be a cheque or bank transfer. We’ve paid most handymen recently by agreeing to transfer money later.
  - M2Ys4U 7y ago
    A bank, I guess, if you can find one...
    - mhh__ 7y ago
      A large bank will give you one but I'm guessing the smaller branches don't bother holding £50 notes given that no one uses them for retail banking at least
      - Symbiote 7y ago
        Small branches absolutely have £50 notes. They're really not that rare, about 9% of all notes in circulation, or 25% of the total value in circulation. https://www.bankofengland.co.uk/statistics/banknote https://www.bankofengland.co.uk/statistics/banknote
  - twic 7y ago
    The cash machines at the Barclays at 67 Grand Parade, Green Lanes, Harringay do, or at least did recently. I'm not entirely sure why. The local shopkeepers are fortunately unfazed by them.
  - kzzzznot 7y ago
    Still used a lot in casinos, poker tables especially

jacknews 7y ago

Perhaps shows the state of Britain's economy/relative worth compared to the rest of the world, since I used them (true, only occassionally) late 90s/early 2000's, but they must be worth much much less now, due to inflation, not to mention that referendum thing. It's not because prices are low in Britain aka Treasure-Island, that's for sure! $100 bills are more than common, for example, and similar (actually quite a bit more) in value.

aembleton 7y ago
Where would you even get a £50 note from? I've never seen a cash machine dispense them.
- deleted 7y ago
  [deleted]
- jacknews 7y ago
  That's just what I'm saying though - if £50 ($65?) is still considered excessive value for a single note, it's perhaps a reflection on the relative wealth of Britons. I'm British but have been expatriated since early 2000s
  - xxs 7y ago
    Alternatively it can be a shift to cashless transactions for a bit larger sums.
  - tobylane 7y ago
    No, we would usually take/be given a stack of twenties. If it’s too much to be in that then it would be a cheque or bank transfer. We’ve paid most handymen recently by agreeing to transfer money later.
- M2Ys4U 7y ago
  A bank, I guess, if you can find one...
  - mhh__ 7y ago
    A large bank will give you one but I'm guessing the smaller branches don't bother holding £50 notes given that no one uses them for retail banking at least
    - Symbiote 7y ago
      Small branches absolutely have £50 notes. They're really not that rare, about 9% of all notes in circulation, or 25% of the total value in circulation. https://www.bankofengland.co.uk/statistics/banknote https://www.bankofengland.co.uk/statistics/banknote
- twic 7y ago
  The cash machines at the Barclays at 67 Grand Parade, Green Lanes, Harringay do, or at least did recently. I'm not entirely sure why. The local shopkeepers are fortunately unfazed by them.
- kzzzznot 7y ago
  Still used a lot in casinos, poker tables especially