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Post by Mahnarch on May 11, 2008 21:33:16 GMT -5
How is 20 pounds uncommon?
It seems like it'd be as common as a twenty dollar bill.
I have 5 of them in my wallet right now.
***
What, exactly, is a 'pence', anyway?
Is it a percent of a pound?
If I'm reading things right, that's what it is.
How about 'stone' (weight)
Why 'stone'?
I'm (if I remember correctly)14 and a half stone - 150lbs.
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Post by tractakid on May 12, 2008 14:18:36 GMT -5
£20 is the most common banknote, you read it wrong, it was listing the notes below as uncommon. I would have to disagree that the £50 note is uncommon, although I have never owned one, they are in common circulation.
1 penny is just like a cent, £1 =100p.
the £5 coin is a comemorative that costs twice its value, although legal money not many places are willing to accept it as payment. The post office, however, is willing to accept £5 coins as a method of payment. the £5 coin replaced the 25p coin as the commemorative coin. 50p coins aand £2 coins are also used for comemorative purposes, with such coins is common usage along with the traditional design, of which has recently been changed. I have not come acrross the new design yet, as they have only recently (this year) been minted.
Interesting fact- the really old copper 1p and 2p coins say "new penny" and "new pence" respectively, and that the queen's portrait has changed 2 times from the original design, getting older as she does?
I'm suprised that you Americans have paper money starting at the value of 50p, paper money here starts at 10 times the amount.
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Post by Phil on May 12, 2008 14:27:40 GMT -5
I'm not sure how much 50p is worth. But the US dollar is the pattern for what we consider exchange.
If I was looking at a Silverado 3500 the Chevrolet dealer would tell me it's 30,000 dollars. Therefore the 1$ bill nomatter how many it takes still patterns the money. [the lowest value of paper money available is a single dollar bill] for those outside the United States.
The measure is still in single dollars even if what you're looking to buy takes a million of them.
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Post by tractakid on May 13, 2008 1:21:34 GMT -5
50p = $1
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Post by Phil on May 15, 2008 13:12:38 GMT -5
I think that means 50p is a coin?
The paper is good for weight, and security. And it's cheaper for the gov to print bills than to mint coins. Coins will last forever though.
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Post by tractakid on May 15, 2008 14:39:52 GMT -5
Coins: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2. Paper money starts at £5, which taking $1 at 50p, is $10. The other notes are £10, £20 and £50 |
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Post by Phil on May 16, 2008 12:27:45 GMT -5
I must have missed that in the original post. Thanks for the clarification.
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