Bringing back the Punt – Monaghan town cashes in on old currency

The old Irish Punt is back in the shops of an Ulster town.

In Clones, County Monaghan, in the Republic of Ireland, more than 40 businesses are accepting the old notes which were replaced by the euro 10 years ago.

While it is no longer legal tender, notes and coins can still be exchanged at Dublin’s Central Bank.

And people in the town are scrabbling behind radiators and down the back of sofas to come up with the old notes.

There are more than 300m euro worth of Irish punts still out there in Ireland.

The idea to take in the punts was the brainchild of the Morgans – shopkeepers in Clones.

“It was actually my son’s idea,” said Tony Morgan.

“He heard about a Spanish fishing village which brought back the peseta and it seemed like a good idea.

Full story here

This entry was posted in Austerity & Bank Bailouts and tagged , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s