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The Lewes Pound

topic posted Thu, October 2, 2008 - 6:43 AM by  Scribe 		Share/Save/Bookmark
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Lewes (near Brighton, UK) recently launched its own local currency:

www.theargus.co.uk/news/bus..._10__off/

Soon after, its value went up somewhat as it was being sold on eBay:

www.theargus.co.uk/news/367...y_online/

Is it best to just leave this to happen? Or should/could it be controlled somehow? What if notes "expired" after a time period, unless renewed somehow when spent?
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Scribe
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  • Язηdall
    Язηdall
    offline 146

    Re: The Lewes Pound

    Mon, November 17, 2008 - 9:48 AM
    >> Is it best to just leave this to happen? Or should/could it be controlled somehow? <<

    What's wrong with it?
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    • Mrs....
      Mrs.Purple
      offline 50

      Re: The Lewes Pound

      Mon, November 17, 2008 - 11:14 AM
      I see the dilemma, Scribe.

      I was a member of the LETS scheme in Totnes, which must have led to the Totnes Pound in existence now..

      we never had a problem with people not cashing in their cheques of LETS, as they were often just flimsy hand written peaces of paper.. only useful to the bookkeeper of LETS (as she could enter the value in the bank accounts, and we as members could then check its correct entry).

      I guess they made the Lewes Pound too attractive!

      But I agree with the article, I dont suppose that many will get sold..even so.
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  • Mark...
    Mark herpel
    offline 0

    Re: The Lewes Pound

    Sat, July 4, 2009 - 3:25 PM
    In July, Transition Town Lewes will add an additional series of higher denomination notes including the Lewes £1, £5, £10 and £21 notes. Why £21? With the circulation of each Lewes Pound note, the organization will donate 5% of the face value to the Live Lewes Fund which is set up to aid and help pay for a range of community group projects.

    www.mainstreetcash.org/
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