new £20 note

[77dave]

so does anyone know why england doesnt have the £100 note???

[Ironside]

cant find anyone rich enough to own one

[bolt pp]

so does anyone know why england doesnt have the £100 note???

we do, i've got loads.

send me 2 £50 notes and i'll send you one.

[KingPoker]

so does anyone know why england doesnt have the £100 note???

During the Second World War, German counterfeits posed a
major threat, the German Government’s intention being to
destabilise sterling. By 1943 the German Government were
producing some 500,000 counterfeit “British” notes a month.
Most were not released, but were captured by the advancing allied
forces. However, significant numbers found their way into
circulation and were a constant headache for the Bank and other
financial institutions for years to come. To counter the problem
the Bank introduced a metal thread for the first time, and in 1943
it stopped issuing all denominations above £5 and withdrew
notes of these denominations (including £100, £500 and £1,000
notes) from circulation. The £10, £20 and £50 denominations
were reintroduced in 1964, 1970 and 1981 respectively.

Edit-few intersting money facts on here

www.bankofengland.co.uk/banknotes/factnote.pdf

[RioRodent]

Anyone remember 10 bob notes? £1 notes?

White fivers, great big things?

... and Farthings, Threepenny Bits... and 4 Blackjacks for an old penny!!

Ah, those were the days 

[thetank]

So there's your answer, because they haven't been arsed yet. 

Would £100 notes not help the economy, encourage folk to spend more? Is there any downside?

[Colchester Kev]

So there's your answer, because they haven't been arsed yet. 

Would £100 notes not help the economy, encourage folk to spend more? Is there any downside?

I wouldnt be saying to NO1 Son .."have you seen these new £100 notes yet mate" Thats for sure !!!

[RED-DOG]

What would we do with £100 notes? They look at you like you're Ronnie Biggs if you try to change a £50.

[lazaroonie]

you should try spending these.... 

[tikay]

In Ilkeston, where I live, many shops will not accept £50 notes, & those that do give me seriously dodgy looks!

[thetank]

I suppose higher denomination notes makes it easier for dodgy gambling dens and drug traffikers to operate.

[AndrewT]

What would we do with £100 notes? They look at you like you're Ronnie Biggs if you try to change a £50.

Indeed. Most people never even see £50 notes.

I'm still not sure how they get into circulation, given that you can't get them out of cashpoint machines. I think this is the reason why many people think there's something inherently dodgy about them.

[lazaroonie]

What would we do with £100 notes? They look at you like you're Ronnie Biggs if you try to change a £50.

Indeed. Most people never even see £50 notes.

I'm still not sure how they get into circulation, given that you can't get them out of cashpoint machines. I think this is the reason why many people think there's something inherently dodgy about them.

is that how people get money ? from cash machines ? how quaint !

[thetank]

Laz has his own press.

Click to see full-size image.

[tikay]

The €500 note which Laz showed us is, in my opinion, the best banknote in the world, as decent amounts of cash can be carried without big bulky wads, though it's a bit of a bummer if you lose them. I had to take €30,000 to Monte Carlo last year, to buy in 3 players, & it was only possible, in practical terms, to take €500's. (I asked my local Natwest bank if they had any €'s in stock, & they gave me all they had - €250 worth....)

The REAL reason we do not have a £100 note actually stems from what has been learned about the €500 note - it rapidly became the most counterfeited note in the world. It is, I imagine, for the same reason that the US don't permit bigger than a $100 bill.