100 pound note: Really in widespread use until 1996?

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100 pound note: Really in widespread use until 1996?

Post by Series B notes » 07 Oct 2017 13:23

THe Lady Lavery 100 pound note was the only 100 pound note at the time of Series B, and even a bit of Series C, so was it used activley during that time? DId banks actively issue them? Were they treated as only being worth face value? :? :? :?

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Mac
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Re: 100 pound note: Really in widespread use until 1996?

Post by Mac » 08 Oct 2017 12:44

Lavery £100 notes were current until the C Series £100 note was introduced.
You could order Lavery £100 notes through your bank until then.

However, £100 notes were seldom seen in circulation.
Even the C Series £100 were uncommon. That's why there is a high premium on an UNC C Series £100.

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Re: 100 pound note: Really in widespread use until 1996?

Post by ThePloughman » 08 Oct 2017 22:47

Mac wrote:You could order Lavery £100 notes through your bank until then.
Sounds like a cool way to find notes for your collection ;)

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Re: 100 pound note: Really in widespread use until 1996?

Post by Vellakare » 25 Mar 2018 11:23

100 Pound notes were practically unheard of in the 1980's and 1990's. The Parnell 100 was scarce enough and rarely seen. I had the use of one twice in my life.

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Re: 100 pound note: Really in widespread use until 1996?

Post by DOC » 26 Mar 2018 19:44

Yes, in my memory the £100 was always a scarce denomination and seldom encountered. I recall getting a Parnell £100 note once from an ATM ! Lavery £100 notes were rarely seen and only used for significant transactions such as paying the deposit for a house or buying a car. When the first Lavery £100 notes were issued in 1928, they must have been worth the equivalent of a small fortune.

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Re: 100 pound note: Really in widespread use until 1996?

Post by Mac » 27 Mar 2018 11:26

You'd see the occasional Parnell £100 note in circulation at coin fairs!
I don't remember seeing then elsewhere though.

Getting one out of a cash machine was unusual!

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Re: 100 pound note: Really in widespread use until 1996?

Post by ThePloughman » 31 Mar 2018 23:51

100 Pounds was the only denomination I couldn't get from the banking system in the US, I had to buy one from a dealer!

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