My Scottish money not good enough
14-May-2008
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My Scottish money not good enough

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I've just returned from a short holiday in Scotland to see my family and I have brought back with me a pocket full of Scottish currency.  If you've ever tried to spend Scottish money in England you will probably be in a good position to understand my gripe.

The problem is the funny looks you get from the cashier at the supermarket, or from the guy behind the bar when you hand over your Scottish notes. More often than not, they hold it up to the light to check the watermark or scan it with a UV light, probably because they assume that it’s a counterfeit and you are trying to rip them off.  The way they treat you almost makes you feel like a criminal.  Why is it so difficult to accept that a Scottish bank note is actually still 'good money' in England?

It's actually really embarrassing, especially if you are standing in a long queue at the supermarket and it happens to be really busy that day.  I know it’s quite irrational, but sometimes I actually dig into the wallet to see if I can find some English money to use instead so that I don’t have to put up with all the hassle. Scottish money is every bit as good as the English equivalent and although no one has actually refused to take it, there’s always that doubt in your mind.  The thought that your cash might be refused just makes it a bit of an awkward situation…

Staff that handle money probably ought to be better trained. Although they don’t see a Scottish bank note on most days, they should be able to easily recognize them for what they are – valid UK currency!

Perhaps they could also be shown how to handle the situation with a little bit more care and sensitivity at the same time.  Yelling out to their supervisor down on isle nine "Hey John, are we still accepting this Scotch money?” isn't exactly what I'd call subtle.  So many times I've been so tempted to reply "Careful with that there lassie, I've just printed it for ye and the ink’ will be wet”… Fortunately though, good sense usually prevails and I wait there patiently whilst the supervisor wanders up to verify that money is okay.

Royal Bank of Scotland - Pount note

Not everyone is quite so offish about our "funny money".  In fact, the landlord at my local pub is quite a sport and I always make sure that I bring at least a few Scottish fivers for him!  I know he loves to make that extra trip to the bank to change them!!!

Hey, It could be a whole lot worse though… remember the old pound notes?  Some of them are actually still in circulation in Scotland but they can’t be used south of the border anymore.

Probably just as well because you’d need a sack full of them to buy a pint of beer at our local but that’s another story!

Find out more about Scottish currency

Money in Scotland
A few interesting facts about Scottish currency that you may not know, for example...  Scottish banks do not produce coins - the Royal Mint has a monopoly on that.

Definition of legal tender
Here's something I discovered whilst looking into this subject. Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. Bank of England notes are the only banknotes that are legal tender in England. Scotish notes are not considered legal tender, however are not illegal under English law and traders/creditors may accept them if they choose.


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All the big stores like tesco where I work accept scottish money there is no legal reason why they should not there is nothing wrong with them and there same value as uk money it's the shops losing out because they lose your trade
*John  22-Apr-2008 18:20

 
I tried to use a Scottish tenner at a burger van near the rather unattractive Luton Airport last year, I ended up arguing with the header burger flipper threatening to flatten me, he would have because he was so fat so I was under no doubt about his threats. All I wanted was a manky looking hot dog and some Coca Cola, no Irn Bru there.

In Bulgaria I cant change Scots notes, although if I go to a dodgy money changer they will change It at a high rate, strangely Its only the dodgy ones that seem to have some knowledge that It Is actual currency and not something to squint at.
*www.veliko.co.uk  19-Apr-2008 20:04

 
And you "Scambuster" do you think you will have today £3000 if you have had invested that £100 in the 1970´s ? Never! And for your information £100 from the 1970´s are "only" about £1000 in todays money, and then your calculation will possibly work.
*Frank  19-Apr-2008 13:50

 
Well if you see that this way. But there is a big collector market for Scottish and Northern Irish notes in mint condition. You are right when you say that £100 from the 1970s has a higher value that todays value of money. But you should see that through a collector´s eye. I know that the English Pepole don´t like the Scottish and vice versa (for historical and don´t know what other reasons). And you figurative this on Scottish Notes! How weird is this? Scottish money is as good as English money (after all it is all British money!) But back to the collector´s point of view:
The Bank of Scotland issued on the 17th of September 2007 a new designed note serie. I think they are very well designed. On the same day the Bank auctioned off its first notes and raised money for the British Heart Foundation. For instance the note set with the first number AA000001 (£5 £10 £20 £50 £100) was auctioned off for amazing £12,000 !!
Maybe it was a bad example I mentioned with the £100 note from the 1970´s. But sometimes it happens that a note was forgotten for whatever reason. And today such a note has a face value of £100. That´s a fact! And then a collector´s value of £800 or more is better that just the face value!
And please take care of your words here! Being polite is the Gentlemen way!!
*Frank  19-Apr-2008 13:41

 
Oh how mighty are the brain dead.

"A Royal Bank of Scotland £100 note from the early 1970´s brings up to £800 in perfect mint condition."

For a bank note to exist in that condition would mean that it would never have been used at all. That means a £100 value from the early 1970s has gone to waste, univested. £100 then is equivalent to £3000 today taking inflation into account. £800 is a little short of this target.

You have been had.
*Scambuster  19-Apr-2008 07:58

 
I like Scottish banknotes, they issue a lot of varieties and I like to collect them. Unused brand new notes achieve very high prices on ebay. For instance, a Royal Bank of Scotland £100 note from the early 1970´s brings up to £800 in perfect mint condition. Scottish notes are always a good investment (mint notes). Older notes stretching back to the beginnings of the note issuance in Scotland are very sought after collector´s items. But also current notes with low serial numbers or so called funny or fancy serial numbers are worth more than their face value.
Next time you get a Scottish note take a closer look on it! It could be worth for you !
*Frank  13-Apr-2008 23:38

 
Yer Scutty i/c UK is making beeg mees, a beeg eff up of it all. Let us all pray.
*No Scotty Money Here  08-Apr-2008 22:17

 
Yer Da,

It was the Kirk of Scotland that requested the English armies to invade. They were gravely concerned of all the in-breeding amongst clans that was going on.

I don't have to be concerned about this governement or any other. I have my money and I've made a substantial sum. It is the working man I feel sorry for for he is being skinned from above and below.
*George  08-Apr-2008 17:01

 
To George of Huntingdon,

Can't you see that your own Government are doing you over?

In Scotland, prescription charges have been reduced, and will be abolished by 2010. Not in England.

In Scotland, the price of NHS Dentistry is cheaper than England.

In Scotland, the education system is better - that's why we charge your inbred knuckle-draggers more to learn at our institutions.

What's that you say? A Scotsman in charge of England....my gosh, this cannot be.


Keep yer english notes, when Scotland gets independance (and it will), we'll be using your notes to wipe our erses - just like our Irish cousins!
*Yer Da'!  08-Apr-2008 13:56

 
England mostly london people is still the most racist country in the world I was racially assaulted at work and told to" go back to scotland all scottish do is moan" coming from a portuguese englishman I won the court case by the way! they lost £5000 in compansation!
*king of fife  30-Mar-2008 16:40

 
What makes me laugh the most is the fact of all the "nations" of the UK Wales does not have its own bank notes. Even little Jersey and Guernsey have theirs. And Gibraltar, but not Wales.

Ha Ha Ha! Anyway we have all been ripped royally off in this country [UK] the £1 is now only €1.27. 20% loss of relative value in 5 years. My wages haven't gone up that much. We are all frightfully poorer in the UK.
*Europhile  28-Mar-2008 21:47

 
To the originator of the gripe. You may not be able to see my lips move.

Take your Scottish notes back to Scotland. They are about as welcome here in England as what you are.

You lot always moan about England when here. If you don't like it here then shift your blue ass back home.

Haven't you learnt your lesson by now? Always 'effed' over by us English and always will be.

Goodnight sweetheart.
*George Of Huntingdon  28-Mar-2008 20:14


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