#258906 - 24/06/2005 04:57
Old (pre-Euro) European currency (Germany and UK)
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old hand
Registered: 15/02/2002
Posts: 1049
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Hi everyone,
I finally went through some old boxes and found some money from a trip to Europe back in 1998. It's not a lot of money, in fact it's exactly 60 Pounds (I don't know how to make the funny L) and 10 Deutsche Mark.
Does anyone know if this can be exchanged without going to Europe? I think the UK money is still valid, but the Deutsche Marks are no longer legal currency. Is that true about the UK money?
According to some web research, I can exchange the DM to Euro at any "German National Bank" at any time (no expiration date). Does anyone know if I can do this from the USA, by mail, perhaps?
I don't even know what 10 DM is worth, so it might not be worth the bother. On the other hand, 60 pounds is enough to do something about...
Ideally, if the money is good, I'd like to just send it to PCA for a partial payment of a memory upgrade.
Any other thoughts would be appreciated.
Thanks in advance,
Jim
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#258907 - 24/06/2005 05:06
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: TigerJimmy]
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pooh-bah
Registered: 13/09/1999
Posts: 2401
Loc: Croatia
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10DEM is almost exactly 5€ (around $6), so, you are not going to get rich on that Better to save them as collectibles. British are still on pounds (and look as if they intend to stay that way), so you should be able to exchange those 60GBP (~$110) somewhere locally.
_________________________
Dragi "Bonzi" Raos
Q#5196
MkII #080000376, 18GB green
MkIIa #040103247, 60GB blue
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#258909 - 24/06/2005 06:46
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: mtempsch]
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pooh-bah
Registered: 14/01/2002
Posts: 2489
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No, no the £'s are useless. Just send them to me and I'll get rid of them for you.
Nah... you'll have no bother exchanging them into $s. We're still resisting the Euro!
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#258910 - 24/06/2005 07:26
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: CrackersMcCheese]
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carpal tunnel
Registered: 17/01/2002
Posts: 3996
Loc: Manchester UK
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Quote: No, no the £'s are useless. Just send them to me and I'll get rid of them for you.
Dammit, I wish I'd thought of that!
_________________________
Cheers,
Andy M
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#258911 - 24/06/2005 10:03
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: CrackersMcCheese]
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veteran
Registered: 21/03/2002
Posts: 1424
Loc: MA but Irish born
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Just as long as there are not Northern Ireland £'s, those are only good for burning.
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#258913 - 24/06/2005 12:52
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: Geoff]
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veteran
Registered: 21/03/2002
Posts: 1424
Loc: MA but Irish born
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#258914 - 24/06/2005 13:25
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: TigerJimmy]
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carpal tunnel
Registered: 24/12/2001
Posts: 5528
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Any UK coins you've got are still valid as they haven't changed recently but some of the notes might be old style ones which have been taken out of circulation. You just need to take them into a bank to get it changed for a new note. If they're really old then you'd have to make a trip ot the Bank of England in London to get it changed.
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#258915 - 24/06/2005 13:31
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: TigerJimmy]
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carpal tunnel
Registered: 30/10/2000
Posts: 4931
Loc: New Jersey, USA
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Next time you're in Vegas, take your foreign money. Last time I went I got $160 CAD changed to US dollars (not chips) with no service fee. I imagine they would do the same for Pounds and Euros. Not sure about discontinued currency though.
I have seen money changing services at other casinos around the country, but most seem like they take a service fee.
_________________________
-Rob Riccardelli 80GB 16MB MK2 090000736
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#258917 - 24/06/2005 15:54
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: robricc]
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old hand
Registered: 15/02/2002
Posts: 1049
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This is brilliant! Thanks. Thanks to everyone who responded. That's pretty much what I thought. I'll be in Vegas again in a few weeks.
Best,
Jim
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#258918 - 24/06/2005 16:39
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: TigerJimmy]
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carpal tunnel
Registered: 30/10/2000
Posts: 4931
Loc: New Jersey, USA
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I got my money changed at Treasure Island by the way. They didn't take coins though (not even the $1 and $2 ones).
_________________________
-Rob Riccardelli 80GB 16MB MK2 090000736
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#258920 - 24/06/2005 19:20
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: ineedcolor]
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carpal tunnel
Registered: 06/10/1999
Posts: 2591
Loc: Seattle, WA, U.S.A.
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Quote: I have a 50,000 Dinar note from the old Yugoslavia...
Hey, who is that? She's kinda cute.
_________________________
Jim
'Tis the exceptional fellow who lies awake at night thinking of his successes.
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#258921 - 24/06/2005 19:24
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: Phoenix42]
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carpal tunnel
Registered: 06/10/1999
Posts: 2591
Loc: Seattle, WA, U.S.A.
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Quote: Just as long as there are not Northern Ireland £'s, those are only good for burning.
Quasi-inexplicable non-sequitur:
My friend is completely redoing his kitchen. Cool new-age stainless appliances. I remarked that his wife wouldn't have anyplace to put the occasional postcard I send them.
We are now conspiring to see if we can get her to go to Costco or Home Depot and ask a salesperson for "some of those special stainless magnets".
_________________________
Jim
'Tis the exceptional fellow who lies awake at night thinking of his successes.
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#258922 - 25/06/2005 02:12
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: tman]
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carpal tunnel
Registered: 12/11/2001
Posts: 7738
Loc: Toronto, CANADA
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See, I like money in Canada.
It's cllearly marked LEGAL TENDER for all debts. It doesn't matter if it's 5 years old, 10 or 20. In or out of circulation. You can still spend it anywhere here. People aren't anal about accepting a ripped bill either. As long as both serial numbers are present, no matter how mangled the money is, it's still worth every penny.
The only time you have to exchange it at a bank is if it's in really rough shape. But walok into any store today with a note from 1955 and unless the clerk is an idiot you won't have a problem.
What you may have a problem with are clerks using ultra-violet light trying to detect counterfeit notes. They've been suckers by the manufacturers of those lights into believing that older (as recent as 3 years) had any special UV marking. They didn't. I've seen store zombies turn down and claim some $50 bills were counterfeit right in front of me (other customer). It only took a split second and one touch of the hand to tell they were real and that the clerk was smoking. Oh well. Not everyone's had the luxury of having worked for a bank and dealt first-hand with fakes.
Bruno
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#258923 - 25/06/2005 03:20
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: TigerJimmy]
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carpal tunnel
Registered: 17/12/2000
Posts: 2665
Loc: Manteca, California
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Veges, very non discriminatory of them, taking anyones money that is.
_________________________
Glenn
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#258924 - 25/06/2005 14:40
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: hybrid8]
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carpal tunnel
Registered: 08/06/1999
Posts: 7868
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Quote: t doesn't matter if it's 5 years old, 10 or 20. In or out of circulation.
It's pretty much the same here in the US. Thats why I find the two redesigns of the $20 in the past several years amusing. The big reasons they say they redesigned the bills is to thwart counterfeiters. But yet nothing is in the way of stopping counterfeiters from just printing up $20 bills from 1975 or something.
I am hoping the new $1 coin becomes more popular then the last one, but I doubt it will. Since it seems the government doesn't want to phase out the bills, people are still going to be more likely to use the bills over the coins. At least most places are used to the $1 coins though, as I have paid with qitue a bit of food with them, since vending machines at work dispenses them as change instead of tons of quarters.
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#258925 - 26/06/2005 05:28
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: drakino]
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carpal tunnel
Registered: 25/12/2000
Posts: 16706
Loc: Raleigh, NC US
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They should encourage the use of the $2 bill, too. Very handy.
_________________________
Bitt Faulk
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#258926 - 26/06/2005 15:31
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: drakino]
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carpal tunnel
Registered: 17/12/2000
Posts: 2665
Loc: Manteca, California
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Well the new 1$ coin addresses every issue with respect to telling them apart from other US coins.
The only other reason I can figure, is that merchants don't like them is because of how heavy they are compared to a stack of bills. Think of carrying a couple hundred in ones around when they are coins.
I'm really begenning to believe that the only way the 1$ coin is going to be widely adopted is if the 1$ bill is just taken out of print and circulation.
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Glenn
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#258927 - 26/06/2005 16:35
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: gbeer]
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carpal tunnel
Registered: 25/12/2000
Posts: 16706
Loc: Raleigh, NC US
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That's a good point about the merchants. Not to mention the fact that many of them may have registers that don't have a slot for an additional coin.
I wonder how British merchants feel about it. They don't have a bill until the £5 note, which is worth over $9. That means virtually all small purchases require nothing but coins. I imagine it saves the government a lot of money in replacing small bills, though. Coins can easily have a lifespan of fifty years. I don't imagine bills generally last for more than ten. I guess that's less important in Britain, though, since they change their currency about every four weeks.
_________________________
Bitt Faulk
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#258928 - 26/06/2005 17:21
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: wfaulk]
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pooh-bah
Registered: 02/06/2000
Posts: 1996
Loc: Gothenburg, Sweden
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Quote: I don't imagine bills generally last for more than ten.
It appears to actually be less than two [years] - 18 to 22 months for an average 1 dollar bill according to various web sites. Interesting ratios between the denominations:
"The average life of a dollar bill is eighteen months. Five dollar bills last about fifteen months, with twenties remaining in circulation for two years. Ten dollar bills have about the same lifespan as singles do, and the larger denomination bills can last up to eight years."(source)
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/Michael
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#258929 - 26/06/2005 18:49
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: wfaulk]
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carpal tunnel
Registered: 17/12/2000
Posts: 2665
Loc: Manteca, California
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Quote: That's a good point about the merchants. Not to mention the fact that many of them may have registers that don't have a slot for an additional coin.
Take another look next time you see a regester open.
_________________________
Glenn
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#258930 - 27/06/2005 12:12
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: gbeer]
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carpal tunnel
Registered: 25/12/2000
Posts: 16706
Loc: Raleigh, NC US
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Well, not all registers are the same. I've seen some small ones that have only four slots. And I've seen many people use the fifth slot on registers for other crap instead of coins. Of course, that still precludes you from using half dollars. Not that anyone is really inclined to use half dollars anyway.
_________________________
Bitt Faulk
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#258931 - 28/06/2005 02:55
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: wfaulk]
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carpal tunnel
Registered: 17/12/2000
Posts: 2665
Loc: Manteca, California
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Well, I kind or expect we are about due to stop using penneys.
_________________________
Glenn
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#258932 - 28/06/2005 11:02
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: jimhogan]
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old hand
Registered: 14/08/2001
Posts: 886
Loc: London, UK
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I've had her. She was rubbish
_________________________
Mk2a RioCar 120Gb - now sold to the owner of my old car Rio Karma - now on ebay...
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#258933 - 28/06/2005 11:18
Re: Old (pre-Euro) European currency (Germany and UK)
[Re: furtive]
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carpal tunnel
Registered: 29/08/2000
Posts: 14493
Loc: Canada
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Quote: I've had her. She was rubbish
I agree. Cheap though, could have her for pennies.
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