Message:

<p>[QUOTE=&quot;chrisild, post: 726052, member: 39&quot;]No, they actually lose their value as means of payment. Usually, when a new series of notes is issued, you can continue using the old ones for a while. The next phase is a redemption period - in that phase the old notes are no longer legal tender, and stores will not accept them, but you can still get them exchanged into current notes.</p><p><br /></p><p>Here in Germany for example, all paper money issued in this country (Federal Republic of Germany) can be exchanged into euro cash &quot;forever&quot;. The central bank will however not exchange cash from other or earlier countries.</p><p><br /></p><p>Elsewhere in Europe the redemption periods are either pretty long (say 20 years) or indefinite. And there are reasons like the ones De Orc mentioned ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in