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Cash savvy members of the public exchange €1.3m worth of old Irish punts

There is still over a quarter of a billion euro worth of punts lying about in drawers and jars across Ireland.

MEMBERS OF THE public redeemed close to €1.3 million worth of “old money” last year.

Irish punt banknotes and coins were withdrawn at midnight on 9 February 2002. However, it’s still possible for Irish banknotes and coins to be exchanged for euro at the Central Bank.

While €1.3 million worth of banknotes were exchanged in 2016, over €194,000 worth of old Irish coins were exchanged for euro.

This is the lowest exchange amount made in the last six years. In 2015, the public redeemed €1.35 million in notes, and over €213,000 in coins.

In 2014, close to €1.5 million in banknotes and €283,150 was swapped.

Despite the fact that it has not been legal tender for almost 15 years, there is still over a quarter of a billion euro worth of punts lying about in drawers and jars across Ireland.

The Central Bank states that as of 31 December 2016, there is still €227,125,638.68 of old banknotes missing. There is €123,741,177.34 in old coins unaccounted for.

So, what do you do if you find some old tender?

The Central Bank has provided an exchange facility for those who wish to change Irish banknotes and coins into euro since the introduction of the new currency in January 2002. The organisation said at the time that the service would continue “indefinitely”.

If you happen to find some old coins or notes down the sofa you can bring them to the Central Bank of Ireland in Dublin either by post or by use of a drop-box facility.

The bank will exchange up to IR£3,000 per transaction.

Once received by the Central Bank’s Currency Issue Division, the notes/coin will be verified and the euro equivalent reimbursed to the customer by way of electronic transfer to the customer’s nominated bank account.

So, get searching.

Read: Tillage farmers call for ‘humanitarian support’ after some lose 100% of crop in worst harvest in decades>

Read: Homecare for the elderly a ‘priority’ in wake of Brendan Courtney documentary>

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    Mute tuco
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    Jun 23rd 2020, 9:39 PM

    Michael Keaton and Christian bale were the best Batman’s.

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    Mute Rocky
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    Jun 23rd 2020, 9:41 PM

    @tuco: Batfleck was a beast

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    Jun 23rd 2020, 9:44 PM

    @tuco: Adam West

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    Mute D'oh
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    Jun 23rd 2020, 9:48 PM

    @HectorPickaxe: Pure West.

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    Mute Dave O'Keeffe
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    Jun 23rd 2020, 9:55 PM

    @Rocky: at 6’4″ the tallest batman by some distance

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    Mute Wayne Connor
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    Jun 23rd 2020, 10:36 PM

    @tuco: Christopher Nolan’s trilogy will never be equalled

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    Jun 25th 2020, 4:17 PM

    @tuco: val Kilmer was bad but not as bad as George Clooney he nearly ended the franchise

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    Mute Peter Cavey
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    Jun 23rd 2020, 9:43 PM

    Does anyone remember the Batman merchandise store that opened on the side of Stephen’s green shopping center for the original? I was only a kid back then but my dad took me one day and it was like Disneyland.

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    Mute Mark Byrne
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    Jun 23rd 2020, 11:48 PM

    @Peter Cavey: yes. Loved it.

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    Jun 24th 2020, 8:37 AM

    @Mark Byrne: I bought a mug. Loved that mug.

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    Jun 23rd 2020, 10:04 PM

    Princes batdance, underrated but terrific ! The world needs an enema, love that line

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    Jun 23rd 2020, 9:43 PM

    The Riddler was on to something there!

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    Jun 23rd 2020, 10:19 PM

    Got my first shift in the local cinema 31 years ago ……. loved those batman films……

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    Jun 23rd 2020, 11:51 PM

    Michelle Pfeiffer definitely the best catwoman so good i can’t remember who played batman in the film

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    Jun 23rd 2020, 10:20 PM

    Conroy is Batman.

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    Jun 24th 2020, 8:11 AM

    @MyBrokenKnees: This

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    Jun 23rd 2020, 11:37 PM

    Your answer to the Mr. Freeze question is wrong

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    Mute Mark Byrne
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    Jun 23rd 2020, 11:49 PM

    The Mr Freeze one is wrong.

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    Jun 23rd 2020, 11:05 PM

    How well do you know the early batman movies – OK, ill play.

    Question one – WTF?

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    Mute Dominic Kenneally
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    Jul 11th 2020, 2:16 AM

    Considering the Mr.Freeze question is wrong it would have been 8

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