LiamH Posted March 18, 2015 Posted March 18, 2015 I don't like the $1 notes over here. But it doesn't help that American $'s are horrible low quality notes to begin with. Take up lots of wallet space, get crumpled easily and, get missed and washed frequently. Always catches me out that i think i have plenty on money in my wallet when in reality its $5.
elsiegee40 Posted March 18, 2015 Posted March 18, 2015 I think the problem with the US notes is that, at first glance, they all look the same. There is little variaton in color and size which makes quick identification hard
Garacesh Posted March 18, 2015 Posted March 18, 2015 (edited) 99p coin??? :p But then everything would just cost 98p (Quick history lesson: £x.99 was thrust into population because more often than not it forced the teller to provide change. Tills would not open unless a transaction was made. Therefore, the teller was forced to log each transaction on the till in order to provide the necessary change to the buyer, meaning they couldn't just pocket the buyer's money without processing the purchase and keep it for themselves.) Edited March 18, 2015 by Garacesh 2
6Foot2 Posted March 23, 2015 Posted March 23, 2015 Link: Clydesdale Bank brings in plastic £5 notes - BBC News Polymer banknotes,..., will be issued by the Bank of England in 2016 1
Chris_Jones Posted March 24, 2015 Posted March 24, 2015 (Quick history lesson: £x.99 was thrust into population because more often than not it forced the teller to provide change. Tills would not open unless a transaction was made. Therefore, the teller was forced to log each transaction on the till in order to provide the necessary change to the buyer, meaning they couldn't just pocket the buyer's money without processing the purchase and keep it for themselves.) If that is the case, why are cars priced at £6995 or indeed houses at £89900 ? are they worried the estate agent will pocket the Fee and not process the house sale?
Garacesh Posted March 24, 2015 Posted March 24, 2015 If that is the case, why are cars priced at £6995 or indeed houses at £89900 ? are they worried the estate agent will pocket the Fee and not process the house sale? Not a clue, but you enter into a contract to buy those, and the contract will state the amount that you're paying, so there's a proper paper trail. Buying a Snickers at Tesco doesn't carry such legal importance, smartass Then again.. I've never seen an estate agent using a till xP
tech_guy Posted March 24, 2015 Posted March 24, 2015 Not a clue, but you enter into a contract to buy those, and the contract will state the amount that you're paying, so there's a proper paper trail. Buying a Snickers at Tesco doesn't carry such legal importance, smartass Then again.. I've never seen an estate agent using a till xP Quite, imagine the size of the trolly you'd need to fit a house in it - and anyway it would break the conveyor belt when you put it on. Unless you went down the self service aisle that is.
Garacesh Posted March 24, 2015 Posted March 24, 2015 Well, unless IKEA did one as a flat-pack.. Contents: 1 house. Assembly required.
tech_guy Posted March 24, 2015 Posted March 24, 2015 Well, unless IKEA did one as a flat-pack.. Contents: 1 house. Assembly required. Then you find you've got two left walls or something ;-) 1
sted Posted March 24, 2015 Posted March 24, 2015 If that is the case, why are cars priced at £6995 or indeed houses at £89900 ? are they worried the estate agent will pocket the Fee and not process the house sale? because £6995 sound a lot cheaper than £7000 apparently
Chris_Jones Posted March 24, 2015 Posted March 24, 2015 That was rather my point - it does souind cheaper to people, its not just a method to prevent employees stealing from users
Arthur Posted March 24, 2015 Author Posted March 24, 2015 Quick history lesson: £x.99 was thrust into population because more often than not it forced the teller to provide change. I thought it was more to do with marketing i.e. psychological pricing? 99p coin? The Monster Raving Loony Party mention the 99p coin in their 2005 manifesto. www.loonyparty.com/history-4/loony-archive/2005-general-election-manifesto/
Garacesh Posted March 25, 2015 Posted March 25, 2015 I thought it was more to do with marketing i.e. psychological pricing? I think that's more the case with large 'just shy of' prices (aforementioned £6995) but as far as I knew it, it basically works like this: Unscrupulous staff skim off the top of tills. As a security measure, tills are modified to not open unless a transaction is logged. Unscrupulous staff now do not log transactions where customers pay exact amounts, electing to pocket the cash instead. Prices are dropped in order to force change to be required. Till cannot open to give change without logging the transaction. Thief foiled.
Arthur Posted March 25, 2015 Author Posted March 25, 2015 Till cannot open to give change without logging the transaction. Surely the transaction would be logged as soon as the checkout operator scans the first barcode? What's stopping unscrupulous staff from not scanning the occasional item and then pocketing the money whenever the till is next opened?
sted Posted March 25, 2015 Posted March 25, 2015 Surely the transaction would be logged as soon as the checkout operator scans the first barcode? What's stopping unscrupulous staff from not scanning the occasional item and then pocketing the money whenever the till is next opened? or just refunding/voiding the sale?
Garacesh Posted March 25, 2015 Posted March 25, 2015 Surely the transaction would be logged as soon as the checkout operator scans the first barcode? What's stopping unscrupulous staff from not scanning the occasional item and then pocketing the money whenever the till is next opened? My guess would be they would take the money, and once the cash was handed over cancel the sale (which can legitimately happen for a variety of reasons.. I've forgotten my wallet enough times). £x.99 means they had to open the till to get change, so they had to log it as sold. Skimming off the till next time it was opened means that the sale has been conducted, and thus the numbers wouldn't add up at the end of the day. or just refunding/voiding the sale? Till doesn't open if you void the sale. I guess we have better stock control these days, so if someone did pay in exact change and the teller voided the sale to pocket the cash, the stock would still be wrong, but that could be shoplifters.. I never said it was a foolproof plan just a legacy thing that's still in use.
JRowley Posted March 25, 2015 Posted March 25, 2015 Till doesn't open if you void the sale. I guess we have better stock control these days, so if someone did pay in exact change and the teller voided the sale to pocket the cash, the stock would still be wrong, but that could be shoplifters.. I never said it was a foolproof plan just a legacy thing that's still in use. That really depends on the till, some open for you to add a record for the voided sale, others record the voided sale automatically to a database.
Andrew_C Posted March 25, 2015 Posted March 25, 2015 Surely the transaction would be logged as soon as the checkout operator scans the first barcode? You're showing your age. For decades, if not a full century or so, tills were manual, then electric, with keypad entry of the price of an item. They then went to enter an item type, and finally (last ten years?) to barcode.
unixman_again Posted March 25, 2015 Posted March 25, 2015 Well, unless IKEA did one as a flat-pack.. Contents: 1 house. Assembly required. Flatpack homes aren't a new idea. In the 1980s, an Australian company Logan Homes, advertised houses that you could fit together with just a spanner. There were also the prefabs erected in the UK after WW2, but I don't think these were DIY. You're showing your age. For decades, if not a full century or so, tills were manual, then electric, with keypad entry of the price of an item. They then went to enter an item type, and finally (last ten years?) to barcode. Manual tills were good. The checkout operator had to work the change out by brain, and they would count it back to you going from the price of the item, up to the amount that you had tendered. This ensured that there were no mistakes. Nowadays, they just dump a pile of change into your hand.
6Foot2 Posted March 31, 2016 Posted March 31, 2016 Link: The Chancellor announces that production of the new and highly secure £1 coin has now started The new £1 coins started rolling off the production line at a rate of over 4000 a minute, as the Chancellor, George Osborne, announced that they would enter circulation in March 2017. The current £1 coin is being replaced for the first time in over 30 years because of its vulnerability to sophisticated counterfeiters. The new 12-sided coin resembles the old ‘threepenny bit’ and will be the world’s most secure coin in circulation...
fredbayker Posted March 31, 2016 Posted March 31, 2016 And a whole lot of expense changing all the parking ticket stations and shopping trolleys
DJ-1701 Posted March 31, 2016 Posted March 31, 2016 And a whole lot of expense changing all the parking ticket stations and shopping trolleys What about those that paid £1 to get a £1 shaped token they can use in the trolleys? 1
FN-GM Posted March 31, 2016 Posted March 31, 2016 And a whole lot of expense changing all the parking ticket stations and shopping trolleys We are having all the cashless catering stuff updated shortly for the new £1, £5 & £10.
RichCowell Posted March 31, 2016 Posted March 31, 2016 What about those that paid £1 to get a £1 shaped token they can use in the trolleys? That's a very good point!! I was going to look into trolley tokens as freebies for the ANME, but will hold off now!! 1
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