ไม่สามารถเล่นวิดีโอนี้
ขออภัยในความไม่สะดวก

The World's Only $7 Banknote - Why Is It So Rare?

แชร์
ฝัง
  • เผยแพร่เมื่อ 16 ส.ค. 2024

ความคิดเห็น • 465

  • @jasonjayalap
    @jasonjayalap 3 ปีที่แล้ว +1031

    Might be the only time anyone has ever said "Well done, Venezuela" regarding currency.

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +136

      This is an excellent comment.

    • @danquaylesitsspeltpotatoe8307
      @danquaylesitsspeltpotatoe8307 3 ปีที่แล้ว +1

      @@JulianOShea Why would you? theres no point! as you explain in the first 30 seconds!
      Its not because we have 10 fingers, its because decimal is the best system!

    • @A.Martin
      @A.Martin 3 ปีที่แล้ว +20

      @@danquaylesitsspeltpotatoe8307 if you want to divide numbers up better, then 12 is the best because it can be divisible by 2 3 4 and 6 as opposed to just 2 and 5 like decimal.
      As for a currency that uses base 12(I will use 10 = a and 11 = b 12 = 10) you could have 1 3 and 6 and 10 (which = 12) then continue on with 30 cents and 60 cents and then a dollar or 120 cents (120 cents btw is 144 in decimal) it sounds confusing which to people used to decimal it is, but if you are used to base 12 it will be just as easy.

    • @danquaylesitsspeltpotatoe8307
      @danquaylesitsspeltpotatoe8307 3 ปีที่แล้ว +5

      @@A.Martin "if you want to divide numbers up better, then 12 is the best because it can be divisible by 2 3 4 and 6 as opposed to just 2 and 5 like decimal.""
      Then 20 is better! Oh wait that decimal!

    • @Jivvi
      @Jivvi 3 ปีที่แล้ว +12

      @@danquaylesitsspeltpotatoe8307 20 isn't better than 12. It's divisible the same number of ways, because it has the same number of factors. Arguably, 12 is better because it's just as divisible as 20, but smaller.

  • @trollwutgefahrdeterbezirk1952
    @trollwutgefahrdeterbezirk1952 2 ปีที่แล้ว +322

    The perfect note to buy something nice, not expensive

    • @tippiebekfast
      @tippiebekfast 2 ปีที่แล้ว +24

      You men are all the same!

    • @domomini
      @domomini 2 ปีที่แล้ว +1

      @@tippiebekfast ?

    • @domomini
      @domomini 2 ปีที่แล้ว +1

      @@tippiebekfast we are all unique :)

    • @tippiebekfast
      @tippiebekfast 2 ปีที่แล้ว +8

      @@domomini its a reference to the thing he was referencing, i wasnt actually saying that im also a man

    • @waldolemmer
      @waldolemmer 2 ปีที่แล้ว +13

      A DarkViperAU reference at the top of the comment section?

  • @anguscos4506
    @anguscos4506 3 ปีที่แล้ว +307

    There was actually a $7 and $3 banknote in Australia, produced experimentally by the CSIRO when they were developing the polymer technology

    • @WednesdayMan
      @WednesdayMan 3 ปีที่แล้ว +12

      Now I gotta hunt that down

    • @theorangeoof926
      @theorangeoof926 3 ปีที่แล้ว +10

      Australia had a limited 25 cent coin

    • @chelsealaw390
      @chelsealaw390 2 ปีที่แล้ว +15

      it isn't really a weird or unique number but I have an Australian $5 commemorative coin. I've been keeping it but I wonder if people would get confused if I tried to buy something with it

    • @h-Films
      @h-Films 2 ปีที่แล้ว

      sauce?

    • @cheesecake001
      @cheesecake001 2 ปีที่แล้ว

      @@theorangeoof926 america be like

  • @timnorton9567
    @timnorton9567 2 ปีที่แล้ว +152

    When we had tram conductors - they didn’t use the greedy algorithm. They used “i must make my cash bag lighter” algorithm. If you cashed a note, a short tram trip could reward you you with a fist full of silver and copper.

    • @SylviaRustyFae
      @SylviaRustyFae 2 ปีที่แล้ว +7

      This is a logical way to give change tho if one is workin in a place where the vast majority of transactions will be small note/coin transactions (esp if said person keeps a low till amount for safety/security reasoms)
      Bcuz not doin such means the tram operator ends up runnin out of the bigger bills sooner and having a bunch of $2 and under value bills/coins as the only option to give change with.

    • @NickJerrison
      @NickJerrison 2 ปีที่แล้ว +6

      @@SylviaRustyFae But if you try to dispose of small change as much as possible, you run into an opposite problem. Someone gives you a note, you don't have change to give them.

    • @SylviaRustyFae
      @SylviaRustyFae 2 ปีที่แล้ว

      @@NickJerrison Its not hard to switch based on what notes/coins youre getting tho. Just generally spkin, make the till lighter is the chosen algorithm bcuz of the fact that almost no one is comin thru with large notes askin for a bunch of 1s and 2s in change. And we can also just not give them that change and give them higher value notes instd.
      And obvs you arent gonna get your till empty of coins and will just swap algorithms if you have a low amount of coins.
      Chances are they have plenty of higher value notes to make change, it just may be two 50s instd of the 5s they so desperately want.

  • @itsukicheng2427
    @itsukicheng2427 3 ปีที่แล้ว +169

    You didn’t count the best currency in the world Minecraft
    9 diamonds = 1 diamond block

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +27

      You got me.

    • @xNothing2Lose
      @xNothing2Lose 2 ปีที่แล้ว +1

      good catch

    • @Milkymalk
      @Milkymalk 2 ปีที่แล้ว +8

      1 Large Chest = 2 Small Chests = 2 Inventories = 54 Stacks (6 rows of 9)
      1 Stack = 64 Blocks
      1 Block = 9 Ingots
      1 Ingot = 9 Nuggets
      A stack having 64 items messes up the system of 1 -> 9. Crafting something that needs 9x the same item leaves 1 single item from each stack and creates 7 new items, so to get full stacks again you need to, for example, process 9 stacks of nuggets into 63 bars into 7 blocks, and then have the same problem. Stacks should have a size of 81.

  • @themaniac7090
    @themaniac7090 2 ปีที่แล้ว +26

    "I said something nice, not expensive!"

  • @fujiwxrx32
    @fujiwxrx32 2 ปีที่แล้ว +37

    Ahhh.. the perfect note to buy something nice, not expensive..

  • @Devildwe
    @Devildwe 2 ปีที่แล้ว +20

    Its the perfect amount to buy something nice but not expensive

    • @dlevi67
      @dlevi67 2 ปีที่แล้ว +1

      Yes, such as a $7 souvenir-banknote.

  • @adriancole3165
    @adriancole3165 3 ปีที่แล้ว +174

    Great video. Hope you're not offended, but you not a geek. You are a super geek. Cannot believe how you can take an unusual or seemingly boring subject and turn it into a fascinating 5 or 10 minute video. Cannot believe how much information you compress into the video, and keep it understandable to a layperson. Keep up the wonderful work.

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +22

      Thanks, Adrian - appreciate it.

  • @danparker9669
    @danparker9669 3 ปีที่แล้ว +300

    I have a collection of 1 of every note in the world. I have a Cook Islands $3..

    • @jjskip8564
      @jjskip8564 3 ปีที่แล้ว +5

      Don't lie

    • @jjskip8564
      @jjskip8564 3 ปีที่แล้ว +1

      So you have a us 10,000

    • @iatsd
      @iatsd 3 ปีที่แล้ว +27

      @@jjskip8564 No such note in circulation. Not even legal tender any more.

    • @andrew7955
      @andrew7955 3 ปีที่แล้ว +31

      There is a $3 Cook Islands note. It is real, I don't know if it's still in circulation but it's legal tender

    • @jackwilson9204
      @jackwilson9204 3 ปีที่แล้ว +4

      @@andrew7955 nah its not any legal tender. Apparently it's now just novelty. Other cook island currency is still in circulation

  • @lapizeek
    @lapizeek 2 ปีที่แล้ว +11

    Ah, It's the perfect amount to buy something nice, but not expensive!

  • @evilchild1851
    @evilchild1851 2 ปีที่แล้ว +11

    That banknote could get you something nice, but not expensive

  • @bahamianlibertarian4755
    @bahamianlibertarian4755 3 ปีที่แล้ว +44

    The Bahamas has $3.00 note and a .15 cent coin. These are holdover amounts from the days when we were a British colony and helped the English convert their currency to Bahamian Dollars. Your Fijian Rugby money is not alone! The Bahamas also has a .50 cent note.

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +9

      Great addition! Thanks for sharing.

    • @rustypanels1917
      @rustypanels1917 3 ปีที่แล้ว +7

      The Cook Islands have a $3 coin and a $3note.
      Shayne - Australia.

    • @lztx
      @lztx 2 ปีที่แล้ว +5

      Careful with your decimal points there. "0.15 cents" would mean you need 100 of them to get to 15 cents and 10000 of them to get to $15.

    • @bahamianlibertarian4755
      @bahamianlibertarian4755 2 ปีที่แล้ว +2

      @@lztx whoops, thanks!

    • @bland9876
      @bland9876 2 ปีที่แล้ว

      why do you have so many accounts with the same picture?

  • @goggo2345
    @goggo2345 3 ปีที่แล้ว +83

    Me, looking at this being in Fiji rn who found the $7 note last month haha.
    Yes. It's rare around the world but not here

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +10

      Nice - Fiji is great, look forward to going back soon!

    • @KOZMOuvBORG
      @KOZMOuvBORG 2 ปีที่แล้ว

      Cook islands had a $3 note

  • @JacquesvanBremen
    @JacquesvanBremen 2 ปีที่แล้ว +23

    Before the euro was introduced, the Netherlands had a slightly different system with the gulden, there was a ƒ0,25 and ƒ2,50 coin and banknotes of ƒ25,- and ƒ250,-

    • @milyrouge
      @milyrouge 2 ปีที่แล้ว

      Yes, and I seem to remember that it was meant to reduce the amount of change one got.

    • @MagereHein
      @MagereHein ปีที่แล้ว

      As a matter of fact, before WWII there were also ƒ0,005 and ƒ0,025 coins, _halve cent_ and _halve stuiver_ respectively. Between 1818 and 1832 there also was a ƒ3 coin.

  • @MohitLal-MosFiji
    @MohitLal-MosFiji 3 ปีที่แล้ว +3

    Hi.. I'm from Fiji... recently discovered your channel and love your videos... n thank you for making this video about Fiji $7 note... 🇫🇯🇫🇯🇫🇯

  • @TheAwnman
    @TheAwnman 3 ปีที่แล้ว +18

    For much of the late 1800's and into the early 1900's Canada had quite widespread use of the 4$ banknote. This was a legacy of the conversion from pre-decimal currency, where in redefining the old pounds shillings and pence, 5 shillings were redefined as 1$ and thus old pound notes people were used to became 4$ notes. Even for a while after this switch over the Canadian government and Canadian banks (who in this era could still produce their own legal notes.) merchants and customers were used to prices being in multiples of 4$ so the note persisted. However by the time of the First World War, the 4$ note, one of the oddest notes in wide circulation had died off replaced by the 5$ on one side and the 2$ on the other.

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +7

      Great knowledge - thanks for sharing

  • @moaningpheromones
    @moaningpheromones 3 ปีที่แล้ว +16

    $7 note to celebrate rugby gold medal - hahahaha - too cool.
    I'd love to see Fiji get their first ever win against the All Blacks . . .
    . . . then they'd make a $15 note too.

  • @static-san
    @static-san 3 ปีที่แล้ว +31

    The money divisions in the Harry Potter world feel a great deal like weirdness for weirdness' sake. And I've wondered if the author ever regrets it. It would've made more sense them to have the same 12/20 system that England used before decimalisation.

    • @JamesBond-xx1lv
      @JamesBond-xx1lv 3 ปีที่แล้ว +35

      Jk rowling hopefully regrets more than just that

    • @TheAwnman
      @TheAwnman 3 ปีที่แล้ว +21

      Interestingly while the Knut to Sickle ratio seems entirely arbitrary, the Sickle to Galleon ratio makes some sense. This is because a 17:1 ratio for silver to gold is almost identical to the actual 16:1 silver to gold value standard that was a critical part of the world financial system of the late 1800's and early 20th centaury. So if the coins are actually made of silver and gold the ratio makes pretty good sense. I d agree however with the other comment that I don't think that is the main issue in Rowling legacy as an author.

    • @Roxor128
      @Roxor128 2 ปีที่แล้ว +6

      I assumed it was because wizards liked prime numbers, or something like that.

    • @JasperJanssen
      @JasperJanssen 2 ปีที่แล้ว +6

      Pretty sure it was indeed weirdness for weirdness sake. Combined with poking fun at the Lsd system.

    • @Syerjchep
      @Syerjchep 2 ปีที่แล้ว +2

      @@JamesBond-xx1lv I don't know she seems to be doing pretty well

  • @arburo
    @arburo 2 ปีที่แล้ว +9

    DarkviperAU sent me here. Here's a hi from his community - "hi"

  • @watson956
    @watson956 2 ปีที่แล้ว +6

    I'm quickly developing a theory that Julian is Tom Scott's long-lost Aussie brother.

  • @AnHarry.t
    @AnHarry.t 3 ปีที่แล้ว +19

    Never thought I’d here currency and well done Venezuela in the same sentence

  • @benjaminmerino1644
    @benjaminmerino1644 3 ปีที่แล้ว +2

    Venezuela one had a 12.5 cent coin, but due to hyperinflation, is not longer used. Also Cuba has a 3 peso note, and Netherlands Antilles has a 25 Gulden Note.

  • @heelpatel11
    @heelpatel11 3 ปีที่แล้ว +14

    You are one of the best things I have found after coming here in Melbourne. Keep doing. I have learned lot new things about Melbourne from you. Thank you 😊.

  • @casey6556
    @casey6556 2 ปีที่แล้ว +9

    Weirdest Canadian banknotes I can think of (though I’ve never seen either) would be the $25 bill (commemorating George V’s 25th anniversary on the throne) and the $4 bill (only made until 1935).
    Also the not-unusual denomination but interesting fact that Canada had a $1000 bill but withdrew it at the request of the police because it was almost exclusively used by organized crime.

  • @DrZaius3141
    @DrZaius3141 2 ปีที่แล้ว +3

    Why 1, 2 and 5? Because it's about squeezing decimal numbers into a binary system. The ideal currency would have binary notes - 1, 2, 4, 8, 16, 32,... to cover everything easily, but because most people don't do mental arithmetic too well with those numbers, it's slightly changes: 2 times 1 is 2. 2 times 2 is about 5. 5 times 2 is 10. And on it goes.

    • @stensoft
      @stensoft 2 ปีที่แล้ว +2

      The ideal would be ternary (base 3) because it's the closest integral system to base e. This is called Bachet's Problem. The main reason for 1, 2 and 5 is that they are factors of 10.

  • @MSM5500
    @MSM5500 3 ปีที่แล้ว +9

    Soviets used both 3R and 3k notes and coins respectively. Also they didn't have 20R but 25R note for some reason.

  • @cr10001
    @cr10001 2 ปีที่แล้ว +5

    2:38 "Nothing (other than our Fiji $7) would fit right here" (in the non-1, 2, 5 pile). I've got several Cook Islands $3 notes from the 1990's that would like to disagree with you there. They were (and I believe still are) absolutely legal tender. They weren't commemorative of anything, but I think they were a bit of a revenue dodge - I think they banked on tourists taking them home as souvenirs, at which point they disappeared from circulation - profit for the treasury.

  • @buda3d2007
    @buda3d2007 3 ปีที่แล้ว +65

    I proposed the 99c, and my argument was that it everywhere, I'm pro cancel round up (ok with round down) of course all of this can be bypassed if you pay digitally, but my stance remains

    • @wclifton968gameplaystutorials
      @wclifton968gameplaystutorials 3 ปีที่แล้ว +5

      In the UK that was an actual policy proposial by the Monster Raving Looney party which was to start minting a 99p coin so that people won't get so much 1p change

    • @cameronsmall2166
      @cameronsmall2166 3 ปีที่แล้ว +6

      Just do what Australia did, and remove everything under five cents. If it's 99 cents change, it will just be rounded up to 1 dollar change.

    • @brendancskinner
      @brendancskinner 3 ปีที่แล้ว

      Then they will just make everything 98c. Forcing employees into using the register to give change reduces theft and is the primary reason for pricing things this way.

    • @cameronsmall2166
      @cameronsmall2166 3 ปีที่แล้ว +8

      @@brendancskinner every single thing you just said was wrong. First of all, there are no 2 cent coins, as the lowest is 5 cents. Second, almost everything is 99 cents, as it looks cheaper, without much compromise on cost. Third, getting rid of one and two cent coins does not increase theft in the slightest. It doesn't matter if the employee gives change or not, they still have to open the cash register to put in the one dollar coin. Source: I am a cashier in Australia.

    • @brendancskinner
      @brendancskinner 3 ปีที่แล้ว

      @@cameronsmall2166I was responding to the original comment. This video should help you understand what I'm talking about. th-cam.com/video/z-0E0bOADXk/w-d-xo.html

  • @darrylkassle361
    @darrylkassle361 3 ปีที่แล้ว +9

    This is definitely one of the most oddly interesting channels on the net

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว

      Cheers, Darryl!

    • @darrylkassle361
      @darrylkassle361 3 ปีที่แล้ว

      @@JulianOShea no worries. Has that guy calling you a super geek. Geeks rule the world so I suppose it’s a compliment of sorts!!
      Just a suggestion but if you could do something on peculiar sub cultures particular to Melbourne that would be good. Enjoy your videos

    • @andrewjgrimm
      @andrewjgrimm 2 ปีที่แล้ว

      I see what you did there.

  • @WikanBasutama
    @WikanBasutama 3 ปีที่แล้ว +1

    Here in Indonesia, we have a 75,000 Rupiah (AUD7.30) commemorative note. It was released last year in a limited supply of 75 million notes to celebrate 75 years of our country's independence. Although it's legal tender, you don't see it very often. Probably much like the Fijian $7 note. Great content, very informative!

  • @zainalali9208
    @zainalali9208 3 ปีที่แล้ว +2

    And we won the Tokyo Olympics Rugby Sevens too ( men’s and the women’s won bronze). I’ve got a couple of those notes from previous trips back home, in Brisbane now. Moved from Fiji 🇫🇯 to Melbourne in the early eighties and up here to Queensland twenty two years ago. Missed the beaches, palm trees and sun haha.

  • @isaiaht9207
    @isaiaht9207 2 ปีที่แล้ว +1

    i love that "7 : 30" is listed as one of the cool things for 7.

  • @jasongarufi8187
    @jasongarufi8187 3 ปีที่แล้ว +7

    Thanks Julian for another great video, I am also interested in banknotes maps and borders! Have you see any of Half Asleep Chris videos?

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +2

      I have! Great content.

  • @aussielthrbiker
    @aussielthrbiker 2 ปีที่แล้ว +2

    Cuba has a 3 Peso note, which exists in both the regular Cuban Peso and the Covertible Peso.
    I believe it is a legacy from when Che Guevara was President of the Reserve Bank of Cuba.

  • @SylviaRustyFae
    @SylviaRustyFae 2 ปีที่แล้ว +5

    I love that your first instinct was to google if the bill was real xD Thats the sorta thing i cud see someone in USA doin if they got a $2 bill (theyre not commonly circulated just cuz most tills dont have a dedicated spot for them; yet anyone can pick up tons of them from.their local bank by exchangin other bills for them, as theyre still being minted, just rarely used)

  • @hegeliansours1312
    @hegeliansours1312 2 ปีที่แล้ว +3

    DarkViperAU just bought a note just for this

  • @markhallowell4059
    @markhallowell4059 3 ปีที่แล้ว +2

    Just came across your channel Julian. Quite enjoyable. Subscribed.

    • @JulianOShea
      @JulianOShea  3 ปีที่แล้ว +1

      Thanks and welcome, Mark!

  • @ccityplanner1217
    @ccityplanner1217 2 ปีที่แล้ว +3

    Britain used to have a 2.5 pence coin. It was a legacy from when we increased the value of our penny by ×2.4 (in Australia & South Africa they increased it by 1.2 & halved the value of the pound); it was previously worth 6 pence.
    I think decimalisation (or dollarisation) was a mistake: apart from being the base of our number system, 100 isn't a particularly good number. It can't be divided by 3, nor by 4. 240 divides by any number you could need to work with (except for 7; sorry).

    • @nbartlett6538
      @nbartlett6538 2 ปีที่แล้ว

      I don't remember a 2.5p coin. I do remember the half (new) pence coin, which was around from decimalisation through to about the mid 80s.

  • @Mantebb
    @Mantebb 2 ปีที่แล้ว +6

    At least you can buy something nice with this bill

    • @waldolemmer
      @waldolemmer 2 ปีที่แล้ว

      But not expensive

  • @coinhunter4409
    @coinhunter4409 4 ปีที่แล้ว +6

    You nearly lost me at the Harry Potter reference

    • @JulianOShea
      @JulianOShea  4 ปีที่แล้ว +2

      Wizards and their money. Strange choices.

  • @TheMrFishnDucks
    @TheMrFishnDucks 2 ปีที่แล้ว +1

    This is awesome. Keep up the good work mate.

  • @manasavuibaubatiwale3593
    @manasavuibaubatiwale3593 3 ปีที่แล้ว +6

    Fiji 😊 Hopefully after their second gold medal from Tokyo, the government decides to make another note 😂

  • @UnwantedMaterial_3902
    @UnwantedMaterial_3902 2 ปีที่แล้ว +1

    In Indonesia, there was also a 75000 bank note, to celebrate the 75th independence of Indonesia in 2020.

  • @thehumanoid6543
    @thehumanoid6543 2 ปีที่แล้ว

    "I said something nice, not expensive"-A legend, 9 years ago.

  • @ominous2837
    @ominous2837 2 ปีที่แล้ว +1

    Most countries don't use the Dollar so saying that there were no 7 dollar notes or coins in the entire world doesn't make much sense. In the Netherlands they did have the halve Gouden Rijder 7 gulden coin until the 19th century. The gulden was the currency of the Netherlands

  • @rictechow231
    @rictechow231 3 ปีที่แล้ว +1

    Julian, I had to reach back to remember how many penny's in a pound. I am sure you have never experienced pound schillings and pence but the answer is 240. Which is a sort of magic nbr. It is divisible by a very large number of numbers. So back in the day if I had a pound note and bought something off you, then you could make change for a large number of different prices especially if you included hapennies, farthings, threepences, sixpences and schillings. It may not have been decimal but it was good when a pound was worth something!

  • @stensoft
    @stensoft 2 ปีที่แล้ว +2

    Cook Islands has a $3 banknote, and it is the only Cook Islands dollar banknote that is still valid, all others have been replaced by New Zealand dollar.

    • @cr10001
      @cr10001 2 ปีที่แล้ว

      If you can find one :) (Tourists souvenired them all, I think)

  • @tei4724
    @tei4724 2 ปีที่แล้ว

    Ben Ryan... Like a lion... Ben Ryan! 😂I love the reference

  • @MrPaulMorris
    @MrPaulMorris 2 ปีที่แล้ว

    Pre-decimal we in the UK not only had 20 shillings/240 pence to the pound but also coinage based on duodecimal divisions so we had 3 pence and 6 pence coins alongside shilling (12d), florin aka two shilling (24d), half crown (30d) and the more obvious penny, halfpenny and farthing (quarter penny). Notes started from 10s (120d). Incidentally, the abbreviation for pence was 'd' pre-decimalisation standing for denarius, dating back to the Roman system 2000 years earlier. The UK currency was known as £sd (or LSD) standing for librum, solidus and denarius being divisions of a pound of silver although most of us simply called it 'pounds, shillings and pence'. On decimalisation the new coinage was differentiated by being marked as 'New Pence' (or 'New Penny) for example, 'Five New Pence' for the coin replacing the old shilling--previously worth 12d and the abbreviation changed from 'd' to 'p' leading to the common spoken practice of stating prices as 'pee', eg "It'll be fifteen 'pee' for that comic."
    The currency change to decimal happened in 1971 moving to 100 pence to the pound (which stayed the same value). This had the advantage that the cupronickel 1 shilling piece was directly equivalent to 5 new pence and 2 shilling (florin) to 10 new pence and the new coins were minted to be the same size and weight to allow compatibility with vending and coin sorting machines. This meant only the lower value 'brass' coins had to be replaced. Due to public pressure the cupronickel 6d coin (popularly known as the 'tanner') worth 2.5 new pence was retained far longer than planned remaining tender until mid-1980, 9 years after decimalisation day.
    The biggest issue at decimalisation was that prices could not exactly convert (since each 'new penny' was worth 2.4d). While 1s (12d) = 5p and so on for full shilling prices, pennies just didn't convert. 1d = 0.4167p had to be rounded up to a 'new half penny' and 2d to 1p--both effectively inflating the price. To prevent retailers being overly keen on the rounding process the Government issued standard conversion tables that had to be displayed and used in every shop. In order to prevent an overall inflationary effect, some values were rounded down and some up which lead to some oddities such as both 2d and 3d converting to 1p and 9d and 10d becoming 4p. Products were dual priced for some time before and after decimalisation. I remember stopping at the shop on the way to school to buy some sweets just to get some new coins in change.

  • @kauemoura
    @kauemoura 2 ปีที่แล้ว

    I'm liking all of your videos in hopes that it'll help your channel grow quicker!

  • @AbbyMaskell
    @AbbyMaskell 3 ปีที่แล้ว +1

    Balloon Wrangler is the best name for a job

  • @bjw4859
    @bjw4859 2 ปีที่แล้ว +1

    You are making so many interesting videos I subscribed after the 2nd one. You mentioned near the end the largest bank note ever, I think I know that one, as I have one in a magnetic clip on my fridge, is it the 100 Trillion dollar note from Zimbabwe ?, I got it for a school project my son was doing as no one believed him.

  • @jarodh17
    @jarodh17 2 ปีที่แล้ว

    Banknotes and coins with 3 were somewhat common in the past in the Eastern Bloc, with some hangovers to this day - China in the 50s had a 3 Yuan note (I have one), the breakaway region of Transnistria has a very cool 3 ruble plastic coin (as they are unrecognised they find it hard to get mints to mint their coins, hence the plastic) and Cuba has both a 3 peso coin and a 3 peso note (both with a picture of Che Guevara).

  • @emanuelneagu14
    @emanuelneagu14 2 ปีที่แล้ว

    "Here, darlin', why don't youu go get yoourself something niice, okay?"

  • @ffortissimo
    @ffortissimo 2 ปีที่แล้ว

    I want the Dutch Guilder back ;)
    As coins:
    1 cent (discontinued 1980), 5 ct, 10 ct, 25 ct
    1 guilder (100 cents), 2,5 guilder (250 ct), 5 guilder (first as note, later as coin)
    As notes:
    10 guilder, 25 guilder, 50 guilder
    100 guilder, 250 guilder, 1000 guilder
    We were used counting in quarters. Just like the time goes in quarter hours ;)

  • @BossuJmek2k18
    @BossuJmek2k18 2 ปีที่แล้ว +1

    Ahh what a wonderful way to spend 5 minutes when i need to wake up in like 6 hours...

  • @konsultarvode6527
    @konsultarvode6527 2 ปีที่แล้ว +1

    It's funny how some english speakers seems to think dollar is a synonym for currency

  • @jakerubino3233
    @jakerubino3233 3 ปีที่แล้ว

    Interesting vid, nice work!

  • @techwiz81
    @techwiz81 2 ปีที่แล้ว

    The Royal Canadian Mint is obsessed with commemorative currency but only with the quarters. We have dozens of different quarters in circulation

  • @theorangeandgreenguy
    @theorangeandgreenguy 2 ปีที่แล้ว +6

    I said get yourself something nice not expensive

  • @funsized924
    @funsized924 2 ปีที่แล้ว +1

    My guess is you probably got the $7 note because they could tell you were a foreigner and wanted to get it out of their cash register lol. I remember working retail and having to submit bills to the vault with an electronic reader. Whenever anyone paid with a $2 bill or $1 coins I'd accept it, but know i have to get rid of it somehow because the vault doesn't accept them. So I'd be the awkward cashier asking if you wanted a $2 bill lol (USA)

  • @bland9876
    @bland9876 2 ปีที่แล้ว +1

    according to another TH-cam channel people have been arrested for spending real bank notes because some of them are obscure.

  • @arnaudmenard5114
    @arnaudmenard5114 3 ปีที่แล้ว +1

    I am about the repeat something I got from Loyd, over at Lindybeige... But the pre-decimal £ was rather elegant by being 240b (pence) to the £, because 240 is what is known as a "highly divisible number"
    Aside for the pence, all other coin names in British currency, was just names put on a specific denomination of pences... Bit like Dimes and nickles really

  • @transkryption
    @transkryption 3 ปีที่แล้ว +3

    Free the Balloons... Balloon rights today 🎈🎈

  • @bionicsynth9619
    @bionicsynth9619 2 ปีที่แล้ว

    "This is 7 dollars... I said something nice, not expensive"

  • @jomshutpirashkov8976
    @jomshutpirashkov8976 2 ปีที่แล้ว +4

    Something nice but not expensive

  • @shukshinite
    @shukshinite 2 ปีที่แล้ว +3

    DorkViperAU bring me here

  • @naluziku8470
    @naluziku8470 4 ปีที่แล้ว +2

    Cool video. I like it.

  • @thermitebanana
    @thermitebanana 3 ปีที่แล้ว +4

    That's an awesome story, thanks for sharing

  • @BestBanknotes
    @BestBanknotes 4 ปีที่แล้ว +2

    Great video.

  • @tymenvanessen3119
    @tymenvanessen3119 2 ปีที่แล้ว

    before the introduction of the Euro, the Netherlands had the "Rijksdaalder" which is a 2.5 'Gulden' coin. and prior to the decimalization we had instead the "daalder" which was 1,5 Gulden (30x5cents)

  • @cloud99955
    @cloud99955 2 ปีที่แล้ว

    Im glad matto got this so he can buy something nice but not expensive

  • @abdoucharife12
    @abdoucharife12 2 ปีที่แล้ว +2

    Hmmm I wonder if I can buy something nice but not expensive with this bill 🤔

  • @cody0902
    @cody0902 3 ปีที่แล้ว +5

    I have a 0 € (Euro) note, also a strange number banknote.

    • @philmenzies2477
      @philmenzies2477 3 ปีที่แล้ว +1

      So what can you buy with a zero euro note? Although its probably still worth 150 shitsville pesos

    • @cody0902
      @cody0902 3 ปีที่แล้ว +2

      @Phil Menzies it's more like a souvenir. But it is printed with the same security features and by the same print as the original euro notes.

    • @cody0902
      @cody0902 3 ปีที่แล้ว

      @Julian O'Shea if you wanna have one. I live in the Melbourne area, happy to share one after Lockdown.

  • @Cukboi69
    @Cukboi69 2 ปีที่แล้ว +1

    I'm feeling like getting myself something nice, not expensive

  • @MVHens
    @MVHens ปีที่แล้ว

    In the Netherlands before the EURO, they used a 1 - 2.5 - 5 system (as already mentioned by Jacques Van Bremen). Can you split the 2-banknotes in two separate piles: the 2.0 and the 2.5 kind? I'm curious to see how many countries use the 1 - 2.5 - 5 system.

  • @petermichaelgreen
    @petermichaelgreen 2 ปีที่แล้ว

    IMO a bigger issue with odd denominations is counting them. With current denominations you can easilly combine the 1, 2 and 5 unit coins/notes into 10 unit piles. Then combine those piles with the 10, 20 and 50 unit coins/notes into 100 unit piles and so-on.

  • @RQBtv
    @RQBtv 2 ปีที่แล้ว

    Ah, a man of culture I see, representing the great sport of the 43 Man Squamish!

  • @karelkootjes4019
    @karelkootjes4019 2 ปีที่แล้ว

    a 1-3-6 system would work just as well..
    02 : +1 coin to use
    03 : -1 coin to use
    05 : +2 coins to use
    06 : -1 coin to use
    09 : -1 coin to use
    averages out on the same efficiency..

  • @casperzwiep7759
    @casperzwiep7759 2 ปีที่แล้ว

    This man is the Austrailian Tom Scott but in his own way. Keep up the vids😊

  • @jessiealtgirl
    @jessiealtgirl 2 ปีที่แล้ว +3

    to buy something nice, not expensive

  • @hulucius1479
    @hulucius1479 2 ปีที่แล้ว

    7 dollar note is essential. When you buy a soda of 1 dollar and give the seller a 15 dollar note, he can conveniently give you two 7 dollar notes.

  • @bevstarrunner9472
    @bevstarrunner9472 3 ปีที่แล้ว +1

    In countries that use a 1/2/5/10/25 coins instead of 1/2/5/10/20/50, it is possible to have $1.19 and not be able to give someone change for a $1 note

    • @A.Martin
      @A.Martin 3 ปีที่แล้ว

      I don't know of any that have a 25 without a 50

    • @bevstarrunner9472
      @bevstarrunner9472 3 ปีที่แล้ว +1

      @@A.Martin the problem still holds whether or not a 50c piece exists.. you just have none of them at the time

  • @TNinja0
    @TNinja0 2 ปีที่แล้ว

    That thing must be quite valuable to collectors.

  • @finleyquinn
    @finleyquinn 2 ปีที่แล้ว

    indonesia now has a limited edition 75,000 note, nobody uses them and I've only ever seen one but its still pretty cool

  • @AnimekGames
    @AnimekGames 2 ปีที่แล้ว

    In Poland, we had special 19 PLN banknote. It was for some national holiday. It's one of the most obscure thing in our country, even if it happened in 2019

    • @Kukilet
      @Kukilet 2 ปีที่แล้ว

      I have never saw it.
      I'm still waiting for somebody to give me it for change, but I'm guessing that it has to much value for it to become posibble, but who knows?

  • @dougdigby765
    @dougdigby765 3 ปีที่แล้ว

    Great video. Glad I know about the $7note and the balloon wrangler.

  • @RudoMike21
    @RudoMike21 10 หลายเดือนก่อน +1

    Remember to buy something nice, not expensive.

  • @bowlchamps37
    @bowlchamps37 2 ปีที่แล้ว

    You could make a vide with Rentenmark, ranging from 1 up to 500 billion and more. They basically had every number you wanted for you. I have 1,2,3,4,5,8,10,15,20,25,40,50,60,70,85,90,100 RM. And some weird like 235,445, ...

  • @LoveyDoveyyyyy
    @LoveyDoveyyyyy 2 ปีที่แล้ว +1

    Yay! My parents are from fiji! 🇫🇯
    I do have a 7 dollar one my uncle told me it’s very rare so keep it safe lol

    • @cloud99955
      @cloud99955 2 ปีที่แล้ว

      that means you can buy something nice but not expensive wow

  • @random_normal_things
    @random_normal_things 2 หลายเดือนก่อน

    the perfect banknote to buy something nice, not expensive

  • @oldbastard1761
    @oldbastard1761 2 ปีที่แล้ว +2

    Trevor Philips would aprove of this banknote

  • @cantstoptommy7077
    @cantstoptommy7077 3 ปีที่แล้ว +1

    ‘….Part cash that I can take back the next time I go to the country.’
    Good one! That’s hilarious! 😂

  • @snufkin8940
    @snufkin8940 2 ปีที่แล้ว

    Brit here. When I was little I found a sixpence on the ground. I wish i held on to it.

  • @W.2026
    @W.2026 2 ปีที่แล้ว +1

    About fifty years ago we had two and a half buxks coins here in my country

  • @k7y
    @k7y 2 ปีที่แล้ว +1

    if you have $14 million you can collect all of these notes and then sell one for millions and than deposit the $7 notes and get your $14 million back.

  • @rikschaaf
    @rikschaaf 2 ปีที่แล้ว

    The netherlands used to have 25 cents, but when the Euro was introduced we now obviously have 20 eurocents instead.

  • @PrometheusMMIV
    @PrometheusMMIV 2 ปีที่แล้ว

    0:16 I spent a couple seconds trying to figure out where the "7" was in the bicycle picture

  • @tanzeemroks9344
    @tanzeemroks9344 2 ปีที่แล้ว +1

    This can buy something nice, not something expensive.