Lewes Forum thread

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Lewes Pounds

On 3 Jul 2009 at 7:47pm Mint Condition wrote:

I see several of the new Lewes pounds are already up for auction on ebay. *Incredible*

On 3 Jul 2009 at 10:12pm wanderer wrote:

ok? are these fakes just looked on fleebay 5 pound note and £20 and a 21 pound note all with lewes print on ?

On 3 Jul 2009 at 11:11pm Spinster Of This Parish wrote:

The new £21 note is obviously meant to appeal to Lewes folk (not just DFL's and collectors) as the reverse has an image of the famous painting featuring Bonfire Boys (c1850).

On 4 Jul 2009 at 11:59am local one wrote:

I've just heard that they're now charging a 5% fee to change them back. Can this be right??

On 4 Jul 2009 at 5:26pm not from around here wrote:

A £21 note - what on earth is that all about? Heard a LOT of noise coming from the Lewes Pound (Lewes Smug) party last night.

On 5 Jul 2009 at 10:29am Spinster Of This Parish wrote:

"Lewes Smug" - I like it!

On 6 Jul 2009 at 11:09am Ed Can Do wrote:

TTL are going to charge a 5% fee for turning Lewes pounds back into proper money. I suppose the £21 note is there so you can change it back for a real 20 note.

TTL aren't a registered charity or even a limited company so when you pay your 5% levy, you have absolutely no assurance that the money will be spent how they've said other than the word of the organisers. There's also no guarantee it won't be spent on covering their costs.

The whole thing is a joke. I'm sure TTL mean well but they really don't think things through properly or have any sense of real world economics. Still, the notes are flying off the shelves on eBay again so they are generating money for the local economy, just not in the way they hoped.

On 6 Jul 2009 at 11:27am Ed Cant Do Maths wrote:

Actually, when you change lp21 back into 'real' money you would get back £19.95. Would have thought anyone with 'any sense of real world economics' could have worked that out.

On 6 Jul 2009 at 11:33am Ed Can Do wrote:

Heh, good point. If you look at the TTL website though: www.thelewespound.org/ they're saying that a 5p donation has been made to some fund for every note issued, so when you take one out of circulation, a 5p donation is made to the fund which I think means they're charging you £1.05 to change one back, rather than giving you 95p when you change 1.

On 6 Jul 2009 at 12:30pm bonfirek wrote:

The whole things a waste of time, whats wrong with money with the queens head on that is actually legal tender anywhere in Blighty. This Lewes pound thing is a nonsense. Can't TTL move on to another town and leave Lewes alone bunch of bloody trendies!