Not true with the coins. They're still perfectly good

by Jack , Friday, May 18, 2018, 11:09 (2799 days ago) @ MattG
edited by Jack, Friday, May 18, 2018, 11:33

They aren't any different from changing the looks of quarters and nickels here. The old ones still work. The shapes and sizes are the same, only the designs are different (since 2008), with the exception of the new pound coin issued last year. But the old one is still accepted. Hell, there are still occasionally 1 shilling coins that pop up (same as 10 pence).

Notes are replaced every few years to foil counterfeiters. Old notes trade side by side with the new for an extended grace period with a public deadline while being culled by the banks.

Now for real confusion on notes, there's Scotland, where not just one set of notes exist, but four (the Bank of England notes that work everywhere in the UK, and three Scottish banks all different from each other), and Northern Ireland with four more banks for a total of five sets of notes. Oh, and one more each for Guernsey, Jersey, and the Isle of Man.