{"id":66677,"date":"2024-06-06T03:00:03","date_gmt":"2024-06-06T03:00:03","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/06\/collectors-line-up-in-london-as-king-charles-bank-notes-are-released\/"},"modified":"2024-06-06T03:00:03","modified_gmt":"2024-06-06T03:00:03","slug":"collectors-line-up-in-london-as-king-charles-bank-notes-are-released","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/06\/collectors-line-up-in-london-as-king-charles-bank-notes-are-released\/","title":{"rendered":"Collectors Line Up in London as King Charles Bank Notes Are Released"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1050\" height=\"549\" src=\"https:\/\/i3.wp.com\/static01.nyt.com\/images\/2024\/06\/05\/multimedia\/05xp-banknote-1\/05xp-banknote-1-facebookJumbo.jpg?fit=1050,549&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Collectors Line Up in London as King Charles Bank Notes Are Released\" title=\"Collectors Line Up in London as King Charles Bank Notes Are Released\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Bank notes can still be exciting in our increasingly cashless society.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">On Wednesday morning, in front of the Bank of England headquarters, a queue \u2014 that\u2019s a British line, which is the same as an American line but more orderly \u2014 formed, as people walked out with collector\u2019s items: the first bills with King Charles III\u2019s portrait on them.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">In the queue were avid coin collectors, people with nostalgic feelings toward the new bank note (the first in their lifetime showing a new monarch) and the odd tourist who happened to need old money changed.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The bank has issued 5, 10, 20 and 50 pound bills with the new designs, which are similar in color scheme to the bills in circulation with Queen Elizabeth II on them. Bills with the Queen\u2019s portrait on them will remain in circulation across the country, alongside the ones with King Charles.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Although Brits are accustomed to seeing the monarch on their money, it wasn\u2019t always the case. The Bank of England began printing bank notes in 1725, but it was not until 1960 that bills featured the monarch. Until that time, Britannia \u2014 the personification of Britain \u2014 had been the only character on the bills.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">The modest but steady line moved along swiftly on Wednesday, with people spending no more than 20 minutes to exchange their money.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Lee O\u2019Brien, who lives in East London, came to the bank on Wednesday to supplement his collection of old notes, as well as to take a peek inside the country\u2019s most famous bank building.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt\u2019s just the novelty,\u201d he said, adding that he would not spend the 180 pounds (about $230) he was exchanging.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI had nothing else to do,\u201d said Jonny Blake, another Londoner and a collector, ready to exchange \u00a3300 ($383). Mr. Blake said he also had more than \u00a380 ($102) worth of special 50 pence coins featuring King Charles\u2019s likeness, which were issued in 2023. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">For Keith McCulloch, farther back in the line, the driving factor was nostalgia. His father was an avid collector, and he said he wanted to honor that tradition.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI\u2019m looking forward to seeing it,\u201d Mr. McCulloch said of the new money. \u201cIt\u2019s a lot different having it in your hand.\u201d<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Other people enjoyed the historic nature of the day. Phuong and Nate Powell moved to Britain in 2022 from Northern Virginia, not long before Queen Elizabeth died. They said they were not planning on spending the money they were about to exchange. \u201cIt\u2019s more of a collector\u2019s thing,\u201d Ms. Powell said. Like so many others, they did not readily have enough cash on hand and had to make a separate stop to retrieve cash to exchange. <\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Harpal Singh came to London from his home in Northampton, about 70 miles away, on Wednesday morning. \u201cI\u2019ve been collecting since I was a little boy,\u201d he said. He, like many others, had been waiting for the new notes for a long time. But the king, he said, \u201chas waited a lot longer than I have.\u201d<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div>\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Singh said he was happy to find the queues manageable and fast at the Bank of England on Wednesday, and walked out of the bank with \u00a3300 of fresh new cash.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cIt was worth the trip down,\u201d Mr. Singh said.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Most people said they would keep the bills, rather than spend them. Other people said they would save them for their children, hoping the bills would be worth something one day. Others were excited to slip them into collector\u2019s booklets at home.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Spending the notes immediately might have been a bit of a challenge, anyway: Many of the coffee shops and other businesses around the Bank of England are cashless these days.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2024\/06\/05\/world\/europe\/king-charles-bank-notes-uk.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank notes can still be exciting in our increasingly cashless society. On Wednesday morning, in front of the Bank of England headquarters, a queue \u2014 that\u2019s a British line, which is the same as an American line but more orderly \u2014 formed, as people walked out with collector\u2019s items: the first bills with King Charles [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":66678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static01.nyt.com\/images\/2024\/06\/05\/multimedia\/05xp-banknote-1\/05xp-banknote-1-facebookJumbo.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[673,8818,23015,4326,5627,7196,11777,3125],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66677"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=66677"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66677\/revisions"}],"predecessor-version":[{"id":66679,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/66677\/revisions\/66679"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/66678"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=66677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=66677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=66677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}