I found a paper tenner

prowla

I was sorting out some clothes (bank holiday weekend gives an opportunity to do those things you've been putting off) and I found a paper £10 in the pocket of some trousers.


Am I still able to swap it for a current one?

sheramber

You can change them at th Bank of England- in person or by post.

Your own bank may accept them paid into your account.

schiff

prowla wrote: »

I was sorting out some clothes (bank holiday weekend gives an opportunity to do those things you've been putting off) and I found a paper £10 in the pocket of some trousers.

Am I still able to swap it for a current one?

It might be worth £10.50 to a collector in 10 years time, even more in 100 years

redux

schiff wrote: »

It might be worth £10.50 to a collector in 10 years time, even more in 100 years

If your relatives had bought one Coca-Cola share 100 years ago, or one Microsoft share 33 years ago, what would that be worth?

Nasqueron

redux wrote: »

If your relatives had bought one Coca-Cola share 100 years ago, or one Microsoft share 33 years ago, what would that be worth?

Coke was listed originally at $40 per share, they're $47.48 per share at the moment but with all the calculations, in Nov 2015 Investopedia reckon it would be worth $394,352 today though with reinvested dividends, Coke themselves reckoned by 2012 that would have been worth $9.8m


Obviously these are not comparable to a paper tenner which is only worth what some collector will pay for and a common average one is hardly going to be a collector's item when there were so many in circulation that thousands are probably being held still

agrinnall

I posted one that I found to the Bank of England and £10 was credited to my account less than a week after I found the tenner. The cost of the stamp was less than I'd have had to pay to get to a bank branch, and while there was a small risk the letter would get lost or stolen the money was a bonus anyway.



https://www.bankofengland.co.uk/banknotes/exchanging-old-banknotes

Stuart_W

If your current account allows post office deposits (most do) you can pay in old fivers and tenners.

Check this list https://www.postoffice.co.uk/branch-banking-services

Usually your debit card is all you need to make a deposit, but some banks require a paying in slip. The above website tells you for each bank.

nyermen

For what its worth, HSBC changed some old ten pound notes for me (an account holder) about a month a go or so I think.

Very old notes donated to the company charity box (as in the previous generation £20 for example - I think they were about 10 years since the change) i had to take to the BoE.

Bogof_Babe

We have changed some old £1 coins for new ones in the last couple of weeks at various banks. Presumably if they are still handling those they shouldn't have a problem with notes.

eDicky

An old friend of mine, Canadian lady living in Bangkok, asked her husband to bring downstairs a bedside cabinet that had been purchased in a second hand shop several years previously.

He tripped on the stairs and the cabinet bounced all the way down, landing in pieces and revealing an unknown secret compartment and its cash contents, much of it in English banknotes.

The next time she was in the UK for business, taking this money with her and not realising how old English notes become unusable, she tried to pay her taxi fare from Heathrow with it.

The driver was amazed and after a good chuckle explained that the notes were two or three issues previous to the current money. Taking it to the Bank of England later, she exchanged it without problem.

HampshireH

Santandar changed one for me last month. They wanted proof I had an account. When I told her I didnt have my card on me she changed it anyway:T