On 18 Jun, 07:59, James Farrar  wrote:
> On Tue, 17 Jun 2008 20:55:59 퍝,  wrote:
> >"James Farrar"  wrote in message
> >news:slrf54tnqi4a33p20m0d1r69uajfjviepv@4ax.com...
>
> >>>Todays 5p IMHO clashes with the lower threshold where coins are too
> >>>small to be convenient to handle.
>
> >> They're almost impossible to pick up when dropped on a hard floor
> >> without long fingernails. I've taken to hoarding them, along with
> >> pennies and tuppences, and exchanging them at the bank when I have a
> >> bagful.
>
> >Is there any estimate on how much in coins people are hoarding?
>
> If you believe this American eco-nut, somewhere in the order of £400
> million.
>
> http://www.greenlivingtips.com/articles/134/1/Coin-hoarding-and-the-e...
>
> "According to the research I was able to do, in Ireland, approximately
> $60 million of coins are being hoarded. In the UK it's somewhere in
> the region of three quarters of a billion dollars worth!"
>
> Sounds reasonable. Right now I've got about £6 not counting the "in
> use" ones.

A few years ago I had got into the habit of chucking all my brown
money into a box.

I didn't know what to do with it till Sainsburys provided a machine to
count it and give you a receipt that you could take to the till for
the equivalent in sensible denominations (minus an outrageous 7%).

The problem was that I could barely pick up the money and had to put
it in a large rucksack to get it there.  I got over £80 even with the
ripoff.

But it would require about 9 million people to do something similar to
add up to the three quarters of a (presumably American) billion
suggested.  I am not one of them any more.

On Fri, 20 Jun 2008 15:48:56 -0700 (PDT), MIG
 wrote:

>On Jun 20, 11:30 pm, "Peter Masson"  wrote:
>>  wrote
>>
>> > Will English and Welsh retailers accept Scottish 100-pound notes?
>>
>> Small retailers, except perhaps in Carlisle, Berwick, or Newcastle, wouldn't
>> see one in a month of Sundays - and many small English and Welsh retailers
>> won't accept any Scottish notes. After all, they are not legal tender, even
>> in Scotland. For that matter, Bank of England notes aren't legal tender in
>> Scotland (though legal tender has a narrow technical meaning).
>
>I remember my economics teacher saying that about Scottish notes many
>decades ago, but no one believed me when I repeated it.  Given that
>the claim wasn't clarified to me at the time I couldn't back it up
>with an explanation.  English people are convinced that Scottish notes
>are legal tender.
>
According to Yahoo Answers, Scottish notes were legal tender from
1939-1946 under the Currency (Defence) Act 1939.

>I was in a pub near Kings Cross with someone with a Scottish accent
>who lived in Leytonstone who was most miffed when they decided to dump
>some Scottish notes in his change.
>
He would have been even more miffed if the publican didn't give him
any change at all, there being no general obligation to do so.

On Fri, 20 Jun 2008 23:55:16 +0100,  wrote:

>"Peter Masson"  wrote in message 
>news:PNidnRWhl-7hssHVnZ2dneKdnZydnZ2d@bt.com...
>>
>>  wrote
>>>
>>> Will English and Welsh retailers accept Scottish 100-pound notes?
>>>
>> Small retailers, except perhaps in Carlisle, Berwick, or Newcastle, 
>> wouldn't
>> see one in a month of Sundays - and many small English and Welsh retailers
>> won't accept any Scottish notes. After all, they are not legal tender, 
>> even
>> in Scotland. For that matter, Bank of England notes aren't legal tender in
>> Scotland (though legal tender has a narrow technical meaning).
>>
>If the notes are from Scotland and bear the word sterling then they are 
>legal tender and I believe that retailers have to accept them. I have not 
>had a problem receiving Scottish notes or paying with them, beyond the 
>occasional odd look.
>
>As for Scottish notes in Newcastle, I think for comparison that it is not 
>uncommon to see Manx coins in Liverpool. Those are actually not legal 
>tender, however, as they are not from the United Kingdom. But my bank does 
>accept Manx and Channel Island banknotes for deposit. 
>
Scottish notes aren't "legal tender" in Scotland never mind England
but that status has no general practical application in Scotland where
a claim that a debt has not been discharged because Scottish notes
have been offered has AFAIAA never succeeded in recent years.

On Sat, 21 Jun 2008 02:23:10 +0100, "Tim Roll-Pickering"
 wrote:

>hounslow3@yahoo.co.uk wrote:
>
>> If the notes are from Scotland and bear the word sterling then they are 
>> legal tender and I believe that retailers have to accept them. I have not 
>> had a problem receiving Scottish notes or paying with them, beyond the 
>> occasional odd look.
>
>I have, however, had problems with Northern Irish notes - even from places 
>that don't give Scottish notes a second glance! 

Not surprising, since NI notes are much, much rarer in England than
Scottish notes. I occasionally see a Scottish note from a customer,
but have never yet seen an NI one.