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V11 2008 INDEX
E-SYLUM ARCHIVE
MORE LEWES POUND NOTES PRINTED TO MEET DEMAND
A recent Featured Web Site was about the Lewes Pound. An
article published Wednesday reports that due to popular demand for the
notes, 10,000 more examples of the alternate currency from Lewes, England
have been produced. -Editor
A town has printed 10,000 more notes of
its own currency after demand outstripped supply. From last month, shoppers in Lewes have been able to exchange sterling for the special Lewes pound notes to spend in the town.
More than 100 traders have agreed to accept the Lewes pound, including the town.s branch of Barclays.
The currency.s promoters hope it will help businesses in Lewes by encouraging people to shop locally.
But within days, collectors began selling the notes on the internet and bids for one Lewes Pound on auction site eBay reached almost #30.
Now more than 10,000 extra notes have been printed.
Lewes Mayor Michael Chartier, who launched the notes last month, urged people to spend rather than keep the currency.
He said: .Two shops in Lewes have closed in the past fortnight and that is something we don.t want to see.
.It is difficult to say whether the Lewes pound can help support the local economy in these difficult times but it certainly cannot do any harm.
.Hopefully now the initial fervour has calmed down we won.t see people selling them online. I appreciate people may want to keep a note but I urge them to get spending..
But collector Steve Hughes, owner of the Brighton Coin Company, said: .The supply of the note is limited so if it does catch on as a unique collector.s item it will be a scarce item..
I found some photos of the Lewes Pound ceremonies online.
-Editor
To read the complete article, see: Big boost for Lewes Pound (http://www.theargus.co.uk/news/3736873.Big_boost_for_Lewes_Pound/)
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.
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