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The Lewes Pound is a complementary currency, but it is also a powerful way to raise awareness about the way we spend money and the fact that a pound spent locally keeps building wealth as it circulates, instead of leaking out to the global economy. The Lewes Pound aims to build economic resilience and sustainability by supporting local ...
- Contact
The Lewes Pound Community Interest Company Registered at 2...
- Spend Lewes Pounds
Spend Lewes Pounds. Most independent local businesses,...
- How It Works
You can help to circulate Lewes Pounds by asking for and...
- Collector's Packs
As a great way to celebrate your visit to Lewes or as a...
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Sep 20, 2024 · The short answer is yes, the pound is still in circulation and sterling can be exchanged for the local currency at Lewes Town Council from the reception desk at the town hall. Victoria Gray, from ...
- Are They Legal tender?
- Strengthen The Local Economy
- How Does It Work?
- Are They A Gimmick?
- What Can I Do with A Local Banknote If I'm Not Local?
Technically these local currencies are not banknotes but vouchers. Individuals and businesses are not obliged to accept them as a means of payment. So what’s the point of having them? And if you have a community banknote, what can you do with it?
The Kingston Poundwebsite estimates that between 80 and 90% of money spent with normal banknotes leaves the borough within a day. But when the money is a community currency that only has value locally, all of the money spent remains within the local economy, effectively becoming an investment in the local area.
Local businesses agree to accept the community currency notes in exchange for goods and services. For individuals and businesses, buying and selling with community currency ensures that money spent locally stays within the community. Unlike normal money, community banknotes have an expiry date. This encourages people to spend the money, rather than...
Bristolians can use their £BP (Bristol Pounds) to pay for train and bus journeys, or to buy goods and services from local shops. In addition it is also possible to pay the Bristol council tax in £BP.
Many of the community banknotes are wanted by collectors. Notes in good condition can sell for a premium. But be aware that community banknotes have an expiry date. Once the expiration date has passed, the local banknotes become de facto worthless and this makes the selling price on auction sites like Ebay unpredictable in the long run. As a genera...
Nov 21, 2022 · Lewes pounds are paper bills that come in denominations of £1, £5, £10, and £21. Consumers can obtain Lewes pounds at designated issuing points and spend them with any local merchant that ...
Sep 16, 2010 · "When the Lewes pound came out we all grabbed at it," he says. "It seemed to come out at a time when the world was sort of sinking and the Lewes pound became the major talking point.
May 9, 2017 · The first pound note was issued in September 2008, and 12 months later 30, 000 Lewes pounds were in circulation. Over 150 local business owners accept Lewes Pounds, and there are six issuing points scattered around the town for locals to access LP notes. To find how far the Lewes Pound has come in achieving its objectives, we spoke to Patrick ...
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Are Lewes Pounds legal tender?
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That’s why we say that the Lewes Pound is ‘more than just money’. The current notes expire shortly and even before lockdown, we had been discussing themes for the new notes and connecting with people who might work on the designs. The text on the reverse of the new notes will say that the Lewes Pound:-. Supports Local Traders, Social ...
