Old money

R

Rose

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Can anyone tell me if the Central Bank will take old or very old money, like when there were 240 pennies in the pound. Hope this is in the right forum.
 
They will take punts and pence and give you euros and cents. I don't think that they will exchange L.s.d. for euros.
 
I believe they do - they do the exchange from old money to decimalised and then into euro. The OP didn't say if it was coins or notes but from the Central Bank's site below, it looks as if they do.

[broken link removed]
 
Thanks for the link.

This snippet reads oddly:
The [Irish Central] bank will continue to accept all Irish notes and coins indefinitely.

...

Only in Germany, Spain, Luxembourg, Austria and Belgium do Central Banks promise an indefinite exchange of notes.
Click to expand...
I presume that they mean that Ireland and the other countries listed give this promise?
 
Yes, I had spotted that all right. It's further example, if one were needed, of the decreasing journalistic standards of the Indo. That's a particular pet hate of mine, so I'll stop right there and maybe let off a little steam in the appropriate forum.
 
Do some charities take old money? I did some spring cleaning lately and found old notes and coins. Would like to give to any charitable organisation.
 
Oldtimer

I am often dragooned into lugging old coins to Central Bank to exchange for Euro to benefit Our Lady's Hospital for sick children. I am sure your local organiser for them or some other charity would be happy to take them. If not, PM me and I will arrange something.

Slim
 
Thank you all for all the help and information I will pass it on to the person who has been given a fish box full of old pennies.
 
Your friend might first try to find out if they are worth more than their nominal worth to a collector.
 
There was an item on the Mooney Show on Tuesday. websiet recommended was [broken link removed]
 
Does anyone know if the A Series (1928 - 1975/77) notes are exchanged at 0.78 to the Euro (if they were considered the same as last edition of the punt) I could not get a definite answer from the CB. Was hoping they might be worth a bit more.
Thanks
 
The conversion is fixed as the relative value of the old punt to the new and the new to the euro is not varying.
If you want to get better value for them I would suggest looking into selling them rather than converting them. Collectors pay over the odds for old coins and notes.
 
The usual rule of thumb is that the coins should cost less to make than their face value, they probably are worth far more as collectibles even if not mint.
 
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