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Plastic £5 notes now in circulation


John

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Why is there no polymer £50 not being produced?

We just don't seem to make good enough use of the £50 over here.

 

In London, £50s are used far more often than elsewhere.

 

overseas, £50 notes are also the ones that foreign exchange dealers want to have. Some forex guy in Bangkok would much prefer to receive £500 in the form of 10 £50s, than 25 £20s, although nobody would give a better price for a UK £50 note as opposed to a UK £20 like they can give better prices for a US $100 bill than they do for a US $20.

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I have a shop in Sheffield and have received only a handful of £50s in like the past ten years.

 

they were all tourists, who received the £50 when they were outside the UK, or people from London and the south east. I ask them for ID before I accept it, suspicious that it might be a forgery. I think I can always tell if I examine it properly, when a £20 is a forgery but not so sure when it is a £50.

 

I think that at least some London ATM's may well dispense £50s.

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