Dollar bills/ Pound notes

[HOGEPH]

Why does the US still issue $1 notes, whereas the Bank of England gave up issuing £1 notes years ago?

[mrmr96]

So erotic dancers are more easy to tip.

[mrmr96]

And so we have something to throw at referees.

[HOGEPH]

So tipping them in loose change and making their gussets hang down by their knees was a mistake?

[HOGEPH]

The erotic dancers, not the referees, obviously....

[G_T]

HOGEPH said:

Why does the US still issue $1 notes, whereas the Bank of England gave up issuing £1 notes years ago?

Bank Of England still gives permission for them to be printed up in Scotland though.

They're an utter pain in the arse but on occasions I do feel like a big man when I've got a fist full of them.

[HOGEPH]

G_T said:

They're an utter pain in the arse but on occasions I do feel like a big man when I've got a fist full of them.

And rich to the tune of 12 quid!

[G_T]

HOGEPH said:

G_T said:

They're an utter pain in the arse but on occasions I do feel like a big man when I've got a fist full of them.

And rich to the tune of 12 quid!

Damn right.

I'd love to pay for something like a 2001 plate mondeo with suitcase full of them.

[HOGEPH]

G_T said:

[

Damn right.

I'd love to pay for something like a 2001 plate mondeo with suitcase full of them.

So you'd need £15 then?

[Tony*T3]

HOGEPH said:

Why does the US still issue $1 notes, whereas the Bank of England gave up issuing £1 notes years ago?

Its quite a good question that. I guess its still economical to print single dollars, but would be interested to know what the life span on a dollar bill is.

I really dont like using US dollars, they all seem so 'alike' in design. You can look in your wallet and think you've got a decent wedge but then realise you've barely got enough to cover a Happy Meal....

[Tony*T3]

As with most things in life, its got a wiki....

http://en.wikipedia.org/wiki/United_States_one-dol...


Doesnt actually say why they havent gone over to a coin though. Perhaps because it has such symbolism?

[collateral]

It's lighter in your pocket?

Agree you can often think you have a wedge and it turns out to be sod all though

[jimothy]

collateral said:

It's lighter in your pocket?

Agree you can often think you have a wedge and it turns out to be sod all though

African countries are fun for this.

Withdrew 1,000,000 zambian kwatcha once. Had to do it in 2 goes as the slot is only wide enough to push 500,000 through in one go. Had a wedge an inch and a half thick. No wallet on earth could hold my mighty fortune....


of about £120.

[Big Fluffy One]

It's because it would be political suicide for a politician to seriously suggest getting rid of the 'Greenback', an icon of the US of A. Rather like gun control in the US...it just ain't going to happen.

[G_T]

HOGEPH said:

G_T said:

[

Damn right.

I'd love to pay for something like a 2001 plate mondeo with suitcase full of them.

So you'd need £15 then?

My suitcase is much bigger than that.

[Hedders]

G_T said:

HOGEPH said:

G_T said:

[

Damn right.

I'd love to pay for something like a 2001 plate mondeo with suitcase full of them.

So you'd need £15 then?

My suitcase is much bigger than that.

You might look little silly when you open the case though...

[Police State]

HOGEPH said:

Why does the US still issue $1 notes, whereas the Bank of England gave up issuing £1 notes years ago?

I would imagine it has a lot to do with costs and population figures. Once you get those presses rolling, the cost of printing/transportation/distribution would make the paper dollar economically preferable.

On another note... I have a vague recollection that the ongoing decision to continue printing the $1 bill is cultural, linked to their heritage, 1776 and all that, and it is regarded as a symbol of American financial power across the globe, particularly in countries that either use it directly or have their currencies linked to it.

Edited by Police State on Thursday 13th August 13:48

[sleep envy]

crack wes can't afford to use $5 notes for a cheeky nose up

[tinman0]

Tony*T3 said:

HOGEPH said:

Why does the US still issue $1 notes, whereas the Bank of England gave up issuing £1 notes years ago?

Its quite a good question that. I guess its still economical to print single dollars, but would be interested to know what the life span on a dollar bill is.

I'm sure someone said that there have been 3 attempts to change the dollar bill into a coin, but Americans prefer $1 bills.

I would think that coins are cheaper than notes. An average like of a note is something like 9 months iirc? Whereas the average life of a coin is something like 40 years. It was a couple of years ago when we had a shortage of £5 notes that the Mint started to make them a bit thicker just so that they would last a little longer than normal.

[Halb]

Tony*T3 said:

As with most things in life, its got a wiki....

http://en.wikipedia.org/wiki/United_States_one-dol...


Doesnt actually say why they havent gone over to a coin though. Perhaps because it has such symbolism?

I read that the dollar coin never caught on, Yanks prefer paper money.
It also doesn't Moloch on it