The largest circulating note is the £50. However, £20 is the most common. £20 is worth about $31, and the £50 is worth $77. So if GB had a $100 bill, it would be a £65 note. GB does not have a £1 note anymore, which is the same as $1.55 here. The lowest circulating note is the £5, which is worth $7.77 (lucky, eh?). While we use 4 coins commonly in tills, (penny, nickel, dime, and quarter), GB has 8 coins. They have a penny, two pence (2 pennies) 5 pence, 10 pence, 20 pence, 50 pence, pound, and two pounds. Many countries like GB do not use a dollar equivalent note anymore, they instead use coins. Canada is similar. Why we still use the dollar bill is beyond me. GB put a metal security strip in there notes in 1940, however it was a long time before we followed suit. The designs on the coins change often, while we have been stuck with the same dead presidents for years. They actually have a multi-coin design now: It's a shame our monetary system is years behind great britain's.
You do realize that constantly posting advertisements for your own gain on other peoples' threads is both rude AND against the forum rules, right? Edit: The "commercial" is gone, let's not quote it ... -chrisild
Quote has been edited accordingly. Strictly speaking, by the way, there are no "Great Britain" coins. The pieces that the Royal Mint makes are used in the entire United Kingdom (i.e. GB plus NI); the paper money is issued by the Bank of England. While the latter is the central bank of the UK in terms of monetary policy etc., some banks in Scotland and Northern Ireland issue paper money as well ... Christian
The above is a political opinion, whether you acknowledge it as such, or not. Lately you've been posting a lot about how much more you like the UK's monetary system/policy than the US. Why not move there and save yourself some trouble?
Yes, the US "cash setup" is quite archaic. But the "if you don't like it here, move elsewhere" argument, that some use whenever somebody criticizes anything, or suggests that something is handled better elsewhere, is pretty weak in my opinion. Christian
It's a logical argument when he makes the same comments for two straight years. You'll see as you're here longer.
Or, in this particular case, it's the "go-to" argument when you know the counter-party will simply start a new thread with a slightly tweaked position when you explain why the system is how it is.
