I have £5k of OLD bank NOTES

Tony_Williams

First off I have NO IDEA where to POST this so MOD can move it.

My Grandparent move into a house. His money he stored around his house. As he hates banks. He's getting old now and forgetful. He gave a 16yr old girl (my sister) £5000 to take to ours at night which is stupid. He found it in his attic. He claims it's not his money as he doesn't remember putting it there BUT I know it is HIS money.

All of the bank notes are old. they aren't the last batch but batches before. Now I know a bank wont accept notes THAT old but THE BANK OF ENGLAND will. Where do I find this?

I want to basically exchange them all for new. Or settle for them being deposited in a bank.

I don't like discussing money with people as it seems nosey. He showed me awhile back and I remember stashes of his money if he *touch wood* dies. I want him to know it IS his money he just forgot - if he starts saying he found it it may be seized. He might even have MORE of this dam money. I even have a spare decent working safe insted.

barrowc

Try looking at http://www.bankofengland.co.uk/banknotes/Pages/about/exchanges.aspx

shortcrust

Please bear in mind that they're likely to be worth more than their face value to banknote collectors. Series D notes - the ones with Wellington, Nightingale, Shakespeare and Wren on the back - are worth a bit even in pretty poor condition. In excellent condition they could be worth twice face value, or more for early/rare examples. Later notes - Stevenson, Dickens, Faraday, Elgar on the back - may also be worth more in excellent condition.

Let a dealer have a look before you change them at the bank. I'm incredibly geeky when it comes to banknotes and would love to hear more about what you've got.

innovate

Tony_Williams wrote: »

He showed me awhile back and I remember stashes of his money if he *touch wood* dies.

It seems your english isn't very good, so you probably didn't mean to say that you hope your grandad dies.

You aren't saying what you did to help your grandad to "store" his money in a safer place, and to generally ensure he lives safely if he gets confused. This should be a priority. It's way more important than finding out how to turn some old bank notes into (your?) spending money.

Perhaps you could ask the child/children of your grandad to help you help the old chap?

shortcrust

innovate wrote: »

It seems your english isn't very good, so you probably didn't mean to say that you hope your grandad dies.

You aren't saying what you did to help your grandad to "store" his money in a safer place, and to generally ensure he lives safely if he gets confused. This should be a priority. It's way more important than finding out how to turn some old bank notes into (your?) spending money.

Perhaps you could ask the child/children of your grandad to help you help the old chap?

A rather unpleasant post.:(

Why on earth should the OP provide us with the specifics of the care and support provided to his grandfather before having the temerity to ask a specific question?

The jibe about the OP's English and the 'touch wood' sentence seems completely unnecessary. His intended meaning is quite clear.

googler

shortcrust wrote: »

Please bear in mind that they're likely to be worth more than their face value to banknote collectors. Series D notes - the ones with Wellington, Nightingale, Shakespeare and Wren on the back - are worth a bit even in pretty poor condition. In excellent condition they could be worth twice face value, or more for early/rare examples. Later notes - Stevenson, Dickens, Faraday, Elgar on the back - may also be worth more in excellent condition.

Let a dealer have a look before you change them at the bank. I'm incredibly geeky when it comes to banknotes and would love to hear more about what you've got.

Or have a look on eBay in the coins and banknotes category if you want to do the research yourself...

atush

shortcrust wrote: »

A rather unpleasant post.:(

Why on earth should the OP provide us with the specifics of the care and support provided to his grandfather before having the temerity to ask a specific question?

The jibe about the OP's English and the 'touch wood' sentence seems completely unnecessary. His intended meaning is quite clear.

I disagree and didn't take it that way.

The OP's English is poor, and not what I expected from someone named Tony Williams (which I remember thinking as I read the OP). And yes, I also assume he did not mean he hoped his GF would die.

The reason to mention this, is if the language is poor, it is hard to understand pertinent facts Necessary for relevant advice. Yes, getting the money out of GF's house to keep it safe for him is a good idea, as were suggestions about the BOA and checking the value of the notes. But of course the money should remain the property of the GF, we hope but it was not clear.

And I am sure Innovate meant something along the lines of getting a POA for this individual. Which should be done quickly. And probably by the OPs parents?

shortcrust

atush wrote: »

I disagree and didn't take it that way.

The OP's English is poor, and not what I expected from someone named Tony Williams (which I remember thinking as I read the OP). And yes, I also assume he did not mean he hoped his GF would die.

The reason to mention this, is if the language is poor, it is hard to understand pertinent facts Necessary for relevant advice. Yes, getting the money out of GF's house to keep it safe for him is a good idea, as were suggestions about the BOA and checking the value of the notes. But of course the money should remain the property of the GF, we hope but it was not clear.

And I am sure Innovate meant something along the lines of getting a POA for this individual. Which should be done quickly. And probably by the OPs parents?

Hmmm. I think what Innovate really meant was that the OP is more interested in lining his own pocket than in helping his grandfather.

innovate wrote: »

It's way more important than finding out how to turn some old bank notes into (your?) spending money.

atush

shortcrust wrote: »

Hmmm. I think what Innovate really meant was that the OP is more interested in lining his own pocket than in helping his grandfather.

Well, that was implied, but again the OP didn't really help us understand. hence the english thing.


Hmmm..I think you leaving out this bit

and to generally ensure he lives safely if he gets confused. This should be a priority.

I

Which is what I meant. With lack of clarity, we have no idea what the OP did with the money, or his intentions. We hope they are good, I am sure they are.

I think getting a POA is the most important thing, followed by investigated the worth of the notes, and getting any other hidden cash out of the GF's home before he is burgled etc.

Standing around criticizing another member isn't helping the OP.

innovate

shortcrust wrote: »

Hmmm. I think what Innovate really meant was that the OP is more interested in lining his own pocket than in helping his grandfather.

What I meant is that I understand from the OP that there is an elderly man who gets confused and his grandson is only interested in how he can convert £5Ks worth of old banknotes into usable cash.

So yes, my interpretation of your interpretation of my interpretation of this part is probably correct.

I did, however, go on and said that priority should be that to ensure the old man lives safely if he gets confused. And that perhaps the OP could ask the child/children of his grandad to help him help the old chap.

Tony_Williams

My english can be poor and for that I am sorry, I did poor in school I had special needs and was in a 10-to-a-class room. The money isn't mine its his I am trying to turn it back into legal tender.

As for lining my own pocket, I've my own income, If he died that would be the end of me as I have a small family, I've lost a nan, a dad and plenty others on his side, we see him regurly. Why the f- would I care more about weasy £5k and him being dead or a will that is sick. Sorry if it sounded like that I meant the oppersite.