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"Thousands of shops will keep accepting old £1 coins after they cease to become legal tender"
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<p>[QUOTE="gxseries, post: 2875452, member: 4373"]Cotton banknotes are much easier to be counterfeited. Polymer banknotes are nearly indestructible (with the exception of heat) and they do last a lot longer in circulation. Banknotes in Australia easily last 10 - 20 years in circulation. Cotton rarely last that long. Worn out polymer notes are actually recycled contrary to popular beliefs. Polymer notes are much cheaper in the long term. </p><p><br /></p><p>The only exception where polymer notes were withdrawn from circulation is from Thailand as the high heat / humidity causes the banknotes to become sticky, making them harder to count.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 2875452, member: 4373"]Cotton banknotes are much easier to be counterfeited. Polymer banknotes are nearly indestructible (with the exception of heat) and they do last a lot longer in circulation. Banknotes in Australia easily last 10 - 20 years in circulation. Cotton rarely last that long. Worn out polymer notes are actually recycled contrary to popular beliefs. Polymer notes are much cheaper in the long term. The only exception where polymer notes were withdrawn from circulation is from Thailand as the high heat / humidity causes the banknotes to become sticky, making them harder to count.[/QUOTE]
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"Thousands of shops will keep accepting old £1 coins after they cease to become legal tender"
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