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Are £1 Notes Going To The Way Of The 50P Note?


parchedpeas

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Noticed recently that I'd not been given a pound not in change for ages, maybe even six months. Are they being slowly withdrawn and replaced with the coin?

 

And if so, is it worth stockpiling them now for sale on ebay later in life? The 50p note currently sells for £1 on ebay: it's a nice way to double your money.

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Which garages are giving away free pennies?

 

I've not seen many £1 notes recently and I deal with cash every day. I got a rather tatty one the other day though. I might keep a few if I get any decent ones in the future.

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They were saying on TV a few weeks ago that a 1P piece is actually worth 1.6P melt value in copper, and a 2P is worth 3.2P melt value. As a result, they are going to take one or the other out of circulation and replace the other with a cheaper metal coin.

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They were saying on TV a few weeks ago that a 1P piece is actually worth 1.6P melt value in copper, and a 2P is worth 3.2P melt value. As a result, they are going to take one or the other out of circulation and replace the other with a cheaper metal coin.

 

They've been made out of steel since 1992 (I think).

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