In a recent message "Dik T. Winter" wrote:

In article "A.E. Gelat" writes:
It used to be that paper money turned in to a bank would be destroyed, thus
keeping the money almost always fresh.

indeed. And it has proven to be too expensive.

The real problem is that cashpoints do not issue 5-pound notes, so new ones
do not get issued so readily. There is a perceived shortage of these notes,
and so they probably do not get paid in to banks as often as the 10 and 20's
do, thus continuing in circulation scrumpled into the pocket or purse!


--
Tony Clayton
Coins of the UK : http://www.coins-of-the-uk.co.uk
Sent using RISCOS on an Acorn Strong Arm RiscPC
.... There is intelligent life on Earth, but I'm just visiting