25 February 2011

British Pound Sterling


Back in November, my brother, Mike, and his girlfriend, Stephanie, came across the pond for a visit. It was a very fun visit [different post], if for no other reason because it is 'refreshing' to 'see' the UK through another's eyes ... especially if he's my brother because I kind of get how he thinks. Even so, I didn't see this coming.

So Mike was busy trying to learn and manage the currency. First thing he noticed:it's freaking expensive here, so you don't hold onto the currency for very long and make frequent trips to the Cash Point [ATM] for a 'top up' [more money].

Second thing he noticed: we have a lot of coins here. And we use them. So although Americans have been unwilling to adopt a dollar coin, here in the UK we have a 1£ coin and a £2 coin.

Third thing he noticed, as with many things in the UK. It's all very 'logical', so you can catch on to the currency quite quickly. Well, almost anyway. So here's the story [I took pictures to illustrate]. Here we have the £2 coin and the 1£ coin and you can see they have the same shape.
And here you can see the £2 coin and the 1£ coin and the 1£ coin is roughly half the size of the £2 coin.
Now we'll take a look at the 2-pence and 1-pence coins.
You can the same logic applies. They are the same shape, the lesser value coin is roughly one-half the size of the other.
And the same applies to the 10-pence and 5-pence coins. They are the same shape, the lesser value coin is roughly one-half the size of the other.
Which brings us to the final presentation [it's a lot more entertaining when Mike does it 'live']. We have just two coins left. They are the same shape, the lesser value coin is roughly one-half the size of the other.
And so it makes perfect sense that the value of the coins is 50-pence and 20-pence !!! If you're an American, right now you are asking 'where is the Quarter'?
I've been here three-and-a-half years, I never noticed this.