Yes, you read that correctly. A massive €347,404,127 worth of old Irish banknotes and coins have yet to be handed in to the Central Bank of Ireland since the introduction of the Euro on 1st January 2002 – 18 years since the Euro Changeover! To be absolutely precise, that’s: €224,389,631.19 in old Irish bank notes…
Introduction: The idea of a separate currency goes back to the sitting of the First Dáil Éireann in 1919 as this newly declared independent parliament declared its intention to govern all 32 counties of Ireland. Many Irish politicians declared that they wanted a completely independent republic – as called for in various speeches in the…
This was never going to be enough and the answer to James’s financial predicament came from a Protestant – William Bromfield, an English Quaker and one time surgeon who invented the world’s first ‘fiat’ currency based upon a promise to pay at a later date
The Kingdom of Montenegro (Serbian: Краљевина Црнa Горa / Kraljevina Crna Gora), was a monarchy in southeastern Europe during the tumultuous years on the Balkan Peninsula leading up to and during The Great War (WW1). Legally it was a constitutional monarchy, but absolutist in practice Prince Nicholas of Montenegro, in 1906, issued coins in denominations…
During the Irish War of Independence, the City of Limerick was very unusual insofar as it issued its own currency – a series of low denomination banknotes. It is the only instance of a labour organisation doing so, not on in Ireland but also throughout the UK. It is the first physical sign in a…
Being born in 1960, I am very comfortable with currency changes since during my lifetime I have used three completely different currencies. Of course, there was a subtle change in 1978 when the money in our pockets stayed the same but the banknotes changed design. Although things went on as before in Ireland, our new…
The Old Currency Exchange is a specialist dealer and valuer of Irish & GB coins, tokens and banknotes 