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pauliewotsit t1_j0x9ezt wrote

It looks weird without the queens face on them, dontcha think?

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Dvayd t1_j0xa02q wrote

I know it’s tradition, but this seems unnecessary somehow. They could keep the Queen or you know, stop putting people’s faces on the bills.

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Z23kG3Cn7f t1_j0xacw6 wrote

It's okay, it will change in a decade or so anyway.

Edit: I hit a nerve. It's true though, William will be on the cash soon.

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autotldr t1_j0xaium wrote

This is the best tl;dr I could make, original reduced by 77%. (I'm a bot)


> Designs for bank notes featuring an image of King Charles III have been revealed by the Bank of England, with plans to enter circulation by mid-2024.

> More than 4.7bn Bank of England notes featuring the Queen remain in circulation, worth about £82bn. It comes after the gradual phasing out of paper bank notes and the bringing in of those printed on polymer - a thin and flexible plastic material - since the introduction of the £5 note featuring Winston Churchill on the reverse in 2016.

> Although the note designs revealed by the Bank will feature a new portrait of the monarch, the reverse side will remain unchanged, with the author Jane Austen on the £10 notes, the artist JMW Turner on the £20 ones and the computer scientist Alan Turing on the £50 notes.


Extended Summary | FAQ | Feedback | Top keywords: note^#1 bank^#2 feature^#3 King^#4 new^#5

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Sugarysam t1_j0xcc5b wrote

Sorta looks like George W. Bush.

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FondleMyPlumsPlease t1_j0xcz8b wrote

I’d consider certain landmarks to be more fitting, like with certain coins. In fairness I couldn’t care less who or what is on tender, I just think it might be a longer lasting solution than an individual.

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CharistineE t1_j0xdk3z wrote

I like that this is only for new bills and they are not destroying the old ones for environmental reasons.

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Godsarefakezz t1_j0xf7yk wrote

Damn do they really have to do this? It’s so tacky .

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CharistineE t1_j0xfhd9 wrote

Obviously they wouldn't get all of it. I have $2 US dollar bills which are legal tender, but not printed. They could easily say that all banks have to exchange for new. Many countries change currency. It is doable, though never perfect.

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ThatGuyMiles t1_j0xfnjm wrote

I mean these programs exist, they don’t go out and collect them, older currency just gets destroyed wants it finds its way to banks/financial institutions. So I assume that means they aren’t going out of their way to destroy the “queen’s” bills once they reach financial institutions, instead they will be allowed to recirculate.

I’m going based off of the other persons comments and just assuming they are correct, that they aren’t being destroyed.

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Spudtron98 t1_j0xhzxd wrote

Cash usually remains in circulation until it’s deemed unusable. The only reason you never see any monarchs prior to Elizabeth on coinage, which can remain in use for many decades, is because she straight up pre-dates decimalisation.

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NerdENerd t1_j0xk00f wrote

Chucky's ears are way more wingnut than that.

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NeuHundred t1_j0xlwuk wrote

Well, my cousin Bert Baldrick, Mr Gainsborough's butler's dogsbody, he says that he's heard all portraits look the same these days, 'cause they're painted to a romantic ideal, rather than as a true depiction of the idiosyncratic facial qualities of the person in question.

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GuardianWolvenFriend t1_j0xo46h wrote

Imagine putting your face on every single denomination. So much for honoring the past

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slyscamp t1_j0xrjey wrote

Charles doesn't actually look like the portrait. He has a much slenderer, oblong face shape with a prominent nose and ears, slender jaw, on top of much more wrinkles and much less hair.

Even when he was young he didn't have that face shape.

They didn't want to make the portrait actually look like him because he is so unconventionally handsome, so they made a fictional Charles.

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mlorusso4 t1_j0xru90 wrote

It’s super easy actually. You start out by just exchanging all the money already in the banks. Then, as businesses and people deposit their old money into the banks, you swap that out too. It might take a bit to swap out every last dollar, but after a short time you would get the overwhelming majority. The only old bills left would be the wad of cash under grandmas bed.

Now you could speed the process up by saying on x date the old money is no good, but that’s considered a bad idea because it lowers faith in your currency

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Forrestgardener t1_j0xsqv1 wrote

How do you call somebody that looks like Charles "Your Majesty"? He is the least majestic person alive.

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Kaweka t1_j0y0n3s wrote

Long live King Charles.

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eggandbaconpie t1_j0y1lys wrote

Anyone regretting Euro banknotes now?

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Chrisf1bcn t1_j0y30av wrote

That’s a terrible picture of him looks like he’s just taken a shit and he needs to hide the smell incase he kills of the dogs

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foki999 t1_j0y5wk9 wrote

Now I know he's 74.. and I wish him good health, but.. if these enter circulation in 2024.. will he even make it D:

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ghayyal t1_j0yasgu wrote

What will happen to the queen notes?

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NATIK001 t1_j0ydr5e wrote

Sadly doesn't always last.

A few generations back my family was loaded, but at this point the money has all been thrown away on lavish lifestyles and failed business ventures. None left for my generation except stories and some distant relations to nobility, the titles themselves have been lost too due to marrying outside nobility (not that I disapprove of that in any way).

I think my grandfather was the last to be a proper millionaire, my parents generation even lost the last of the old family estates.

But that is life, would have been nice to be financially secure from birth but can't win everything. I do have friends from wealthy families though, which gives some view into that life and money causes some shitty power issues in family relations. The old patriarchs and matriarchs get to be colossal shitheads, because no one dares to challenge them and lose access to the money stacks, can get real dysfunctional. My grandfather definitely used his money to try and control his kids, by giving them cash, loans or real estate if they followed his wishes and withholding it if they didn't.

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eyst0n t1_j0yiu4n wrote

Elizabeth II’s likeness is timeless.

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theonlyrexkwondo t1_j0yk4qv wrote

It would be impossible! We would need some sort of organisation or system that collects and holds onto the money or something. Some kind of giant piggy bank the money runs through and they could exchange the notes. Nah.. impossible. Never been done.

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nim_opet t1_j0ymxwg wrote

You are extraordinary unlucky. Wealth is much more sticky than poverty - out of 400 wealthiest families in Florence, something like 350 were the wealthiest families in the city records in the 15th century.

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NATIK001 t1_j0ynwwi wrote

Yeah I know it's not the usual outcome.

However one also has to consider that that stat refers to the main line of the family usually. Families tend to fracture over time. Either the heads of the family choose the main line or aristocratic laws did. Either way some descendants drift away over time from the main wealth pool.

But yeah, money tends to breed money. If it isn't managed by morons a sufficient amount will sustain itself, but failing enough business ventures can waste an unbelievable amount of funds.

For my family it's a mix of both, but primarily the last one.

In Europe it's not that uncommon to hear about old mansions, castles and estates in disrepair or for sale, because the old aristocratic families can't afford the upkeep anymore.

Often the lesser nobility ended up being nothing but farmers with oversized egos, and the spending habits of small kings. The industrial revolution left a lot of those behind in the dirt.

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Ffishsticks t1_j0ypkcs wrote

No the old ones will be cycled out as they get worn or there is a big change in the design (roughly every 15-20 years for notes).

Before they made them smaller in the 1990s the 5p and 10p coins were the same size and value as the pre-decimalisation 1 & 2 shillings. As a kid I saw various Edwards and Georges on the coins still in circulation

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Nerevarine91 t1_j0ypnba wrote

True, although interrupted (at least in the UK). Most of the Anglo-Saxon kings prior to… maybe Æthalstan?… simply put their name on the coins, until the use of a portrait was reimplemented

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Thue t1_j0yuwop wrote

How is it tacky? The money has always had the reigning monarch on it.

Tacky would be not to do it, to wallow in nostalgia about the previous monarch, in deliberate ignorance of the current status.

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Thue t1_j0yvo5d wrote

Either the current monarch's face, or no face. Keeping the Queen's face on the currency would seem backwards and silly to me.

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Thue t1_j0yw4ui wrote

Most old things seem timeless to people who lived them. Then people get used to the new things, and then those new things become old and timeless.

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Thue t1_j0yxvjw wrote

Going out of your way to keep Elizabeth II on, even after she should not normally be, is more worshipful than just putting the current King on as is normal.

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Outrageous_Duty_8738 t1_j0z1r1k wrote

It’s going to take a bit of getting used off the queen was on Banknotes since 1960s

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P5ych0pathV2 t1_j0z5pk2 wrote

Is it cool to have a chomo on your bills now?

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sockydraws t1_j0zenag wrote

Stop putting monarchs on money.

Stop having monarchs.

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clevercookie69 t1_j101vt7 wrote

British currency has had Charlie on it for decades

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Gutpunch t1_j10bg97 wrote

Was that really the best they could do??

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djxaval t1_j12084t wrote

Oh god it’s hideous

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