tito

It's bimetallic like a 2 Euro coin.

Which is why I believe the redesign will bring a bimetallic £1.

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22ANDUK

[quote=Popeye;459520]It's all part of the run up to adopting the euro, which we will be commited to doing when the Lisbon Treaty is ratified and has received Royal Assent. [quote]

That's right.

Firstly people say we've stopped the Euro etc and saved the pound etc but the truth is that we've only slowed the process down (which to be fair was only helped by the unintentional ERM disaster and Black Wednesday). Once we're locked in to the Lisbon Constitiution then we'll have no choice but to adopt the Euro.

But back to the topic: this is all about weakening the resistance to the Euro. Part of the anti-Euro argument is that coinage and currency is representative of our nation's culture, history, values and tradition. Once we start ditiching Britannia, and before long the Crown, Lion, Baillif will go too, and replace them with meaningless pattens of circles, squiggly lines and triangles it will be a hard argument to state the our currency is part our national make-up!

Already we've lost Farthings, Shillings and Crowns and replaced them with the 'imaginatively' named 20 Pence piece, 50 Pence piece. By changing the coin's designs - would adopting the Euro be a big change at all?!

g hall

Given that "Sunny Jim" Callaghan was the Chancellor who announced the decimalisation of our historic coinage back in 66 perhaps our political masters knew then what they were hoping to achieve when we finally surrendered to the "Common Market"

"The Labour Party always dumbing down
Just look at poor old Gordon Brown"

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"That government is best which governs least."
"This is a sharp Medicine, but it is a Physician for all diseases and miseries".
"To be "matter of fact" about the world is to blunder into fantasy --and dull fantasy at that, as the real world is strange and wonderful."

Britannist

Thank goodness Lady Thatcher defeated him at the 1979 General Election.

Britannist

Let us hope not.

I want the £1 note brought back.

Smidgey

The Royal Bank of Scotland still prints them. I've had several just this week, and I must admit, I prefer them to coins.

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How vain is man, who boasts in fight the valour of gigantic might!

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Britannist

How wonderful - I will try to get some Pound coins changed for Scottish £1 banknotes next time I am in Scotland.

It is good to hear that £1 notes are still in circulation in a part of the UK.

I am glad you prefer £1 notes to £1 coins.

I find that £1 coins are heavy and can wear out pockets.

But I would still be prefer £1 notes even if a lighter £1 coin comes into circulation.

The cost of changing the shape and weight of coins would be enormous (i.e. having to change vending machines etc.).

It is also easier to send a £1 note through the post in a letter than it is a £1 coin - not that I would suggest that people send money by post, of course.

Westcountryman

The £1 note wouldn't last. The £5 note already has a ridiculously short lifespan because it is used so much.

I expect a £1 note would last mere weeks, perhaps even days.

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Manus haec inimica tyrannis ense petit placidam sub libertate quietam - "This hand of mine, which is hostile to tyrants, seeks by the sword quiet peace under liberty."

The Guvnah

Just so, and to the right of the portrait appears the following quote/portent of our imminent enslavment;

thus announcing the rise of the single skill 'specialist', the mind sapped machine minding drudge and the end of the artisan.

NoMoreEUSSR

I can still (just!) remember the good old greenish pound notes. The only drawback with reintroducing them is that £1 today is worth maybe barely 20p in real terms compared with its value in 1983 when the pound coins came in.