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<p>[QUOTE="chrisild, post: 749252, member: 39"]No, that is pretty much what I wrote. Pretty much every country in this world (the US is an, or maybe the only, exception) sets "deadlines" for coins and notes that are not supposed to stay in circulation. Typically a government would say that this coin or that note will cease to be legal tender as from 1 January 20xx. After that, it can be redeemed; in some countries such redemption periods are unlimited (which means you can exchange the old money "forever"), in others they are limited to a couple of years.</p><p><br /></p><p>As far as I know, one of the reasons in Switzerland for taking those old (nickel and silver) coins out of circulation was that they would not work with vending machines and the like. Now you may say "so what?", and that is why I mentioned that you may still come across such an old coin. Here in Germany, on the other hand, the pre-euro coins and notes can also be redeemed forever, but you are extremely unlikely to find them in your change. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 749252, member: 39"]No, that is pretty much what I wrote. Pretty much every country in this world (the US is an, or maybe the only, exception) sets "deadlines" for coins and notes that are not supposed to stay in circulation. Typically a government would say that this coin or that note will cease to be legal tender as from 1 January 20xx. After that, it can be redeemed; in some countries such redemption periods are unlimited (which means you can exchange the old money "forever"), in others they are limited to a couple of years. As far as I know, one of the reasons in Switzerland for taking those old (nickel and silver) coins out of circulation was that they would not work with vending machines and the like. Now you may say "so what?", and that is why I mentioned that you may still come across such an old coin. Here in Germany, on the other hand, the pre-euro coins and notes can also be redeemed forever, but you are extremely unlikely to find them in your change. ;) Christian[/QUOTE]
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