Tugger Posted July 25, 2005 Share Posted July 25, 2005 In China the smallest denomination note is the "1 Fen Note". It is worth, on current exchange rates, about one fourteenth of one penny Link to comment Share on other sites More sharing options...
Alex Posted July 26, 2005 Share Posted July 26, 2005 the IoM would probably have a stronger currency than the pound, all things considered as we have higher inflation which would mean a domestic higher base rate of interest. Keep the paper pounds manx! It's right as well about it being a free loan to the english treasury, we should all spend the manxies instead of the english ones.... <{POST_SNAPBACK}> so we should what, bank the english ones? Link to comment Share on other sites More sharing options...
The Old Git Posted July 26, 2005 Share Posted July 26, 2005 so we should what, bank the english ones? Yeah, get them out of circulation. Either that, or give them to me and I'll dispose of them for you Link to comment Share on other sites More sharing options...
Hugh Jampton Posted July 26, 2005 Share Posted July 26, 2005 I worked as a cashier for HMG in the City, during that time there was a PQ in the House asking if Scottish notes were legal tender within England. The Treasury's answer was that they were not legal tender but HMG offices were encouraged to accept them. I would presume the same for all N Irish, CI and Manx notes too Link to comment Share on other sites More sharing options...
Lonan3 Posted July 26, 2005 Share Posted July 26, 2005 I worked as a cashier for HMG in the City, during that time there was a PQ in the House asking if Scottish notes were legal tender within England. The Treasury's answer was that they were not legal tender but HMG offices were encouraged to accept them. I would presume the same for all N Irish, CI and Manx notes too <{POST_SNAPBACK}> That's it! Tell visitors that their English notes are not acceptable in the IoM. Offer to exchange them at a profit! Link to comment Share on other sites More sharing options...
Tempus Fugit Posted July 27, 2005 Share Posted July 27, 2005 I would much prefer pound notes than coin, you end up with a pocket full of metal and have no idea how much is there until you try and count them out at a till with a queue behind you, which is more trouble than just having paper notes in a wallet. You can easily have £20 in loose coin. The US notes are silly as the different denominations are all the same size and colour, very difficult to see what you have at a glance unlike the UK/Manx and others. Link to comment Share on other sites More sharing options...
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