blonde poker forum

Something I was wondering last night - how do £50 notes get into circulation?

You can't get them out of cashpoints and you obviously never get given them in change. Very few businesses pay their employees in cash these days, so that's out as a main input stream.

The only time I ever get them is in live poker winnings (I currently have three :))

Is the 'paying employees in cash' system enough to do it? People withdrawing £1000 over the counter in a bank to pay a builder?

Those pesky Polish immigrants again - always to blame!!

I cannot think of a single instance where £50 notes have been paid to me, except in Casinos for poker winnings.

The Bank? From time to time, I need large amounts of cash - to pay in, for example, multi-entries to an Event for one of my commercial partners. When I ask the Bank if I can have the money in £50's, they look at me aghast, & say I need to "order them in advance".....!

Having said that, even withdrawing sums of more than £1,000 is a 3 act play at my Bank. "How long have you banked here Sir?" says some young floosy. "29 years" I reply ironically & truthfully. Resulting in a complete whoosh, followed by a lecture on the inadvisabilty of carrying such sums around, & request to consider the new Super Saver Account.

But they are not always wrong. I withdrew £4.5k recently to pay 4 guys into the Scottish Open for Sporting Odds. They asked what I wanted the money for. (!). I said "to play poker", & she said "is that really wise, Sir?".......

And I have trouble spending £50 notes up here in Derbyshire, they get held up to the light, scrutinised, & Management are frequently summioned - "there's a man with a £50 note". If there is "paper" change, I scrutinise it carefully, & then they get all "we are only dong our job Sir". Apparently Shops can scrutinise my money, but it's not done for me to scrutinise the change.

When I was a lad, a £20 note was a big deal. I came into possession of some obvious forgeries once, so being the good lad I was, I took them to the Police Station, & was able to identify the guy who passed them to me, who was a regular scamstrer apparently. The Police thanked me for my help, then confinscated the two £20 notes I'd shown them! Nowadays, if I get forged banknotes, I just pass them on, sod being helpful to the Police.

Yeah, this is crazy - if you hand any forged banknote to the police or bank, it gets taken and you lose the money. If you get given a wet one in change, then you have to break the law to avoid being out of pocket.

That is precisely the case. How weird is that? You'd think they'd have  compensation fund or something. I've seen many Forgeries since, but as you say, we have to pass them on. thanks to the Constabulary's myopia.

I take it she knew you?

She wishes.......

Luckily having just been a student and only just landed my first well paid job I have never had to worry about excess 50 quid notes.
When i worked for a builder in the holidays between uni, that was mostly in cash, but it was all in 20 quid notes which was brilliant when u went to the bank as a roll of 20's is basically proof your a drug dealer around where i live!

I got loads of 50's and 100's when I sold my car ages ago and get them from the bookies sometimes (admittedly not often enough)..they are a pain in the neck to spend though....

I assume the 100s are a Scottish thing, otherwise, yes, they'd be difficult to spend.

yeah they are...Scottish notes are a pain in the arse to spend anywhere to be honest.

I just came back from Prague and the exchange rate is much lower for Scottish pounds than it is for GB (read English) pounds. I have asked my bank several times to only give me English pounds for when I go on holiday (the exchange rate for changing more than 250£ is better in some places in Prague than it is through the banks over here even though they will tell you it's not) but they are unable (or unwilling) to do so :(

The Scottish £100 note is a thing of beauty, & I had 10 of them for years, but exept in Casinos, they are unspendable. As to the exchange rate for Scottish currency being worse than for "English", well so it should be......

Is that because everyone has become so accustomed to never being able to get a scot to part with a note of any denomination?

probably...miserly people the whole lot of 'em.

Withdrawals from Barclays (Sauchiehall St, Gordon St, Airport) are all in Englandshire notes.

I shouldn't have told you that for your miserly comment though  ;nanana;

We occasionally get people paying in £50's at our place.  Usually worker types that are likely to be paid in cash themselves.

lol...thanks, I'll remember that for next time :)

A lot of them are probably brought in by tourists exchanging a fair bit of cash into sterling before they come over here. 

lol..daily mail reader? (j/k claw)

lol - coming over here with their poncy foreign money  ;grr;

I once had some cash chewed up by my dog, it was about £80 and she literally ate half of each note.
The only way to get them replaced is to send them off to the bank of england, they in turn send you a cheque.
I put the cheque into lloyds and asked if it would be immediately available but was told that it would take 3 to 5 days to clear!!!
I asked what the odds were a cheque from the bank of england would bounce?
She never got the irony.

when i had the pub ,some of my staff took some very good forgeries 20 notes .

i took them to the bank ,and they accepted them ,gave me a receipt for them .

and i claimed it back on my tax at the end of the quarter .

didn't know anything about this until they explained this .

a good way to stop other people getting ripped of ,it always seems to be pensionors like you tk what kops for it .

just thought i would let you all know how to get rid of em.

I can't believe intentionally passing on dud notes is right....I hope that was a joke.

Isn't it a bit like having your car stolen and thinking "well I'm not losing out, I will go and steal someone else's" ? 

I was rather surprised at the bookies once when a guy walked in and wanted to stake 100£ on a horse with fake twenties..they just said "these are fakes, we can't take them" and handed him the money back. (the guy quite clearly knew they weren't real. whatever happened to calling the cops?

No joke for me - I'm not taking the financial hit. I'd prefer it was taken by a business with much bigger finances than me who are more able to take the financial damage.

If you get a fake £20 note I suppose you're straight round to the police station, are you? 'Oh well, £20 out of pocket for me'.

It would appear we don't know - the mystery remains.

I think it's the Poles.

we already solved it..it's us..erm..them bloody foreigners.

i put a handful in circulation last time I came back from Vegas :D

Is that a euphemism?

:dontask:

hmm....could have been worded a little better!

err no.  I'd probably just wipe my arse on it and throw it away, chalk it up to experience.  I certainly wouldn't make someone else suffer as a result.  Dishonestly passing on the £20 drops you to the same level as the original crook.

Ahh! A litterbug eh?

feel sorry for the little kid who then comes along and finds it on the floor.

I can't believe it, spreading disease like that, worse than passing dodgy £20s.

I don't think that analogy works Simon.

If I copped for a dud £20 note, given the bad experience I had originally, I'd certainly not take it to the Police. Nor would I pass it to my window-cleaner, man who cuts my grass, or milkman. I'd have no hesitation, though, in paying for goods at a Sainsbury's or Tesco's with it. And would Sainsbury's or Tesco's take it out of circulation? I doubt that, too. The dud would continue to circulate for the life of any Banknote, then end up in the furnace at the Bank of England, along with all the regular banknotes. I have no problems with that at all. And if a High Street Bank spotted it during it's life, they'd have to deal with it properly, I'm sure, but they can afford to, as they continue to rip off their customer base for the few years left before they get rumbled.

My original experience has dictated my thinking here. I was running a D-I-Y shop, & one guy made 4 purchases over a morning, all for low-value items, all with a £20 note. I sussed him before the 4th transaction & shooed him away, first taking note of his Car Reg, & then clocking his face good & proper.

I closed the shop, drove to the Cop Shop, & had to wait in the waiting room for an hour. Eventually a DC took a statement from me, huffing & puffing & sighing all the time then refused to give me a receipt for the 3 x £20 notes I'd given him.

I then got an earholing from my Boss for closing the shop for 2 hours & I had to make good the £60 which was missing from the till.

Never again! Sainsbury's is the answer, & I shall continue to sleep soundly.

Whilst we're on the subject of 'strange things to wipe your arse with', someone on another forum I read told of the time he was at a music festival and, whilst trudging across a field, saw an odd looking piece of crumpled paper lying in the grass. He picked it up, looked at it, and then quickly dropped it, as it was clear that, caught short without the desired toilet paper, some woman had resorted to wiping her arse with her driving licence.

When I was a boy I was caught short during game of cowboys and Indians. I retired to the underside of the nearest large laurel bush to relieve myself. As I crouched there, doing my business, I noticed that there was a discarded gas-cooker sitting next to me, and from it's side there protruded a very soft looking cotton wool like substance. How was I to know that it was fibreglass, and that a handfull was like a billion microscopic needles?

When I emerged from the bush moments later, my playmates could be forgiven for thinking that I had defected to the side of the Indians, after all, I was doing a fantastic war cry.

Ouch, very Ouch!

We usedd to call it itchykoo in site. Great for practical jokes though!

<heave at andrew's story>

I didn't think it was a great analogy either Tony.  It was 4 a.m. though!  I guess what I mean is that having felt turned over, I wouldn't be looking to then turn someone else over.  Not sure that picking on large companies rather than the gardener makes it any more acceptable either, their ability to "afford it" doesn't change the fact that you shouldn't do it, in my humble view.

However, if you do want to pass off a few dud 20's then I would imagine your local casino would be as fair a bet as any.  If you get your notes refused, simply jump and scream and say that the notes are ones that you got paid out with at the cash desk earlier.  You would probably have a better success rate than if you get refused in Tescos.

But I wouldn't do that either.

Was she a minger?

If your world view is black and white then it's exactly the same. However, the real world is rarely black and white - there are shades of grey, and Tesco is a lighter shade than the gardener.

Every little helps!

I just know this. I'm generally as honest as they come, & would not dream of fobbing the notes off onto the gardener or window-cleaner. They are Bert & Mavis, & are real people. Tesco, I really ain't bothered about. But I think - think, because I'm unsure - that what we have here is a victimless crime. If we all say nothing, the note just continues to circulate until it's worn out. And nobody suffers.

It's actually a very good point Simon has made, & I can't really explain why, in this instance, I don't see the problem. Except as I've tried to explain.

Technically, counterfeit money (even if never identified as such) increases inflation, and therefore reduces the value of everyone's genuine money by a miniscule amount.

But given how Gordon Brown has been running the Bank of England presses on overdrive for years to prop up the US economy, a few hooky tenners aren't going to have much of an effect.

I hope you have managed to move on from this incident now. That is one of the funniest things I've read all week. Do you have nightmares when ever you insulate your loft?!

Amsterdam mid 70s.. Poker game still going strong 6-30 am hooker from the windows comes in regular loser looking very pleased with herself. just got 1k for fellatio payed in Marks one note..turned out it was a 1000reichs mark note went out of circulation in 1932 at that time you neede a wheel barrow full of them for a loaf of bread.I can still remember the girls name and the tantrum after 30 years the whole table just disintegrated.Theres a moral to this story somewhere answers on a postcard please to .............

... and purely for info, Citibank do release 50's from their cashpoints in London.  As do the cashpoints inside some of the casinos.  In fact, one that I have had the misfortune to use on occasion ONLY spits out 50's.

Wow, there might be a moral in there somewhere but I'm even having trouble following that story ;)