Monetary denominations...

[Sandman]

Bring back the groat! (1/3 of a penny)

[KrazyHorse]

Originally posted by Urban Ranger
Are there any $25 banknotes? I haven't seen any.

I didn't say 2.5*4 = 10

I said 2*5 = 10

[Az]

There is a slight possibility that not all things said are directed at you, KH.

[KrazyHorse]

pffft

[Imran Siddiqui]

What always confused me is the abundance of American notes...

Abundance?

We have 1, 5, 10, 20, 50, 100. And then rarely do you see notes above that (such as 500, 1000, etc, etc). They were mostly used before credit cards were widely adopted .

[Winston]

Originally posted by Dauphin

The current pound was introduced in ~1971, it just happened to have the same name as the old pound. It could have been renamed Dollars, as in Australia. The point PH was making, was that by a twisted popular logic, the UK population would probably accept the €uro as long as it was renamed Pound. The technicalities of what it actually is doesn't matter as long its got a good branding name.

I think the point the campaigners want to make is for Britain to hold on to its own national currency. I still maintain that the denomination reform of the 1970's is entirely irrelevant in that context.

[Dauphin]

The change is fundamentally different, yes, but the denomination change is not irrelevent.

People opposed the denomination change, just as they oppose other metrications because they like what they are used to. Many people will not want to change to the Euro simply because it means change.

[Japher]

Resistance to change is an interesting topic worthy of a thread all it's own.

[DanS]

We have 1, 5, 10, 20, 50, 100.

Don't forget the $2 bill. It's legal tender.

[Odin]

Here in the US the denominations are:

0.01
0.05
0.10
0.25
0.50 (rare)
1 (both bills and coins, but the coins are not used that often)
2 (rare)
5
10
20
50
100

[Japher]

Three dollar bills would be useful

[Imran Siddiqui]

It falls under rare though .

[Provost Harrison]

I think Dauphin has summed up what I was trying to say pretty well. What's in a name? What's in a currency? People get nostalgic about the silliest of things...the only difficulty would be to adjust to the change in currency value...

[Urban Ranger]

Originally posted by Odin
Here in the US the denominations are:

Isn't there a 100,000 or 1,000,000 one?

[Imran Siddiqui]

They are extrodinarily rare. I don't know of anyone that has seen one in front of him. Banks may have them... but who knows.