British Money EXPLAINED! 💰💷 💸

[@ThoseTwoBrits1]

*BUY US A COFFEE (if you want!):* ko-fi.com/joelandlia

[@simonebye4402]

spending a penny come from back in the old day you had to pay a penny to go to the loo.that were it come from.

[@ThoseTwoBrits1]

Ahhhh okay!

[@soficruzmusic]

ILYSM!!!! You guys are the best!!!

[@joryadamson7854]

Starbucks, Downtown Disney, Anaheim, California

[@karenbilyk-vogel6553]

Love you's! Outstanding teachers, keep the video's coming! So cute!😊

[@allainawebb9662]

This was actually perfect. The only thing is that there wasn’t a lot of time spent explaining the coins. What is a pence worth? What can you buy with it? Same thing with a two pence.

[@Riawhia]

1 pence is 0.01 pounds. So 100 pennies is worth a pound. 2p is 0.02 so 50 2ps are worth a pound. Same with 5p (£0.05) so 20 is worth a pound. 5 20ps are a pound and 2 50p is a pound. That’s all the p goes to. 1p, 2p, 5p, 10p, 20p and 50p.

[@Riawhia]

Also you can barely buy anything for 1p

[@kaiseranowar]

@@Riawhia thanks so much for explaining this so beautifully

[@10thdoctor15]

@@Riawhia It's like they don't know it's decimal. Don't try explaining 'old money' to them.

[@hachemdetout6144]

good video

[@dayday4273]

I gave up when you got to the coins lol

[@jamesware5100]

im still confusedpound and quid are the saneok didnt know thatnow what is sterling?

[@loz2293]

Okie dokie, thanks for the run down, I'd like to know how the coins add up esp the shilling/quid/silver things ☕

[@ed1567]

I dont understand whats confusing. £1 is equivalent to 100p.

[@finnyoungman2674]

*Vegans* Photographer: Say Cheese! Vegan: I can't, because that is animal cruelty

[@isabella_elizabeth8238]

😂😂😂I laughed so hard at this

[@iipixel8607]

This is too good to only have 51 likes in 11 months

[@tomfrazier1103]

My sister is still a Californian and I've heard of that practice.

[@dramaqueen121084]

I’m planning on taking a trip to London next year and I’ve never travelled outside of the U.S. and I’ve been finding your videos not only entertaining, but also informative for when I go over there. I’m sure I’d survive on my own, but just knowing different things makes me feel less nervous about traveling there by myself. I love your videos. :)

[@CakesByChoppA]

I'm coming over for vidcon. this video cleared up heaps! Thanks!

[@frankhooper7871]

The £50 note is the highest value *English* banknote, but not the highest value *British* banknote - Scotland has a £100 note.

[@anghinetti]

Frank Hooper: The £50 is not the highest value Bank of England note: the bank also produces one-million pound notes and one-hundred million pound notes. The £50 is the highest value note issued for general circulation, although you get looked at as if a criminal if attempting to use one for everyday transactions. Incidentally, notes issued by the various banks of Scotland and Northern Ireland authorized to issue banknotes are legal currency in Scotland and Northern Ireland respectively they are not legal tender anywhere within the United Kingdom.

[@iipixel8607]

Sommatore Nero THOS EXIST!?

[@hellosweetheart3350]

I live in Michigan USA and I can attest that we have 1, 5, 10, 20, 50, and 100's. (Dollars)

[@UrbanSipfly]

Huh?

[@suemurray6069]

@@UrbanSipfly in America we call paper money dollar(s) aka dollar bill(s) similar as the UK calls them pounds. £5 =five pounds in America $5 = five dollars but our smallest bill is $1

[@katiehorvath236]

The reason Americans complain about coins is because we for the most part just pay in bills/notes. The only coins that are common are 25 cents, 10 cents, 5 cents and 1 cent coins (there are others but no one really uses anything else), so when I go to the UK it’s strange because a handful of coins can be worth a lot of money, whereas in the US a handful of coins might add up to a dollar or two.

[@ThoseTwoBrits1]

AH I see! that makes sense!

[@zukazamamee4067]

Also, our 5c coin (nickel) is about as large as a 25c coin (quarter) so often you reach in your pocket and think you have enough money, but then you come up short on change and have to use a $1 bill.

[@Chu3505]

zuka 'zamamee U.S. currency a 5 cents coin is a lot smaller than a 25 cents coin and a 5 cents coin edges ridges are very smooth so no way you can mistaken it for a 25 cents coin even you are a foreigner to the United States.

[@1christuffa]

In Australia when you wallet is nearly empty, you can 'find' over twenty bucks in loose change just in coins. so you weren't broke after all, lol. I imagine with two pound coins etc, worth twice as much as ours, that could be doubly true in UK.

[@anghinetti]

@@1christuffa: Plus the fact that when disposing of old armchairs and settees it's advisable to turn them upside down and tear-open the lining covering the underneath because coins have a habit of slipping from pockets and down through the sides and the back of the seat. Once did that with an old settee and found £11 in coinage. That's $20 Australian, at the rate of exchange for today (19th February 2019).

[@firefly24601]

If Americans think British money in confusing NOW, they should be glad it's no longer the old system of pound/shilling/pence! Things got MUCH easier after decimalization. Speaking of changes, the coins have changed since I've been there last. I dunno if I'll even recognize the new pound coin when I see it!

[@ThoseTwoBrits1]

Yeah definitely! Even we don't understand that!

[@firefly24601]

For pre-decimalisation insanity, take a look here: en.wikipedia.org/wiki/Coins_of_the_pound_sterling#Pre-decimal_coinage And for how the actual transistion was done, look here: en.wikipedia.org/wiki/Decimal_Day

[@firefly24601]

240 pence in a pound: 12 pence in a shilling, 20 shillings in a pound. Farthings (1/4 pence) half-farthings, guineas, crowns, groats, florins... it was nuts! :D

[@mariedre2090]

Firefly 24601 Haha you most likely won't recognize it staight away, I dfinetly didn't😂😁

[@larryf2821]

And when you'd ask a price they'd say "Five and twenty" and you're thinking five what and twenty what.

[@_itsjosh]

I remember being in London a few months ago, and I was just like you telling the cashier “can you just take the money?!” Idk what I’m looking at!!! Lol

[@vmarieself]

Omg! I laughed so hard when Joel said that! Same thing happened to me the 1st few times I visited London🤣🤣

[@magnolia31611]

This was actually really interesting! As an American I’ve always wondered what all the different British money slang meant. I can also see how our money slang here in the US would be confusing to someone not from here.

[@tasx6892]

Recently subscribed and you’ve very quickly become one of my fav youtubers 😂😂😂 I’m British myself and literally watch you for entertainment purposes only 👏🏽👏🏽👏🏽

[@ThoseTwoBrits1]

Aw thank you so much Tasnim!

[@tabithawhite7241]

Yeah same. I am the British persons so yeah

[@pinkfluffyunicornsxxx6005]

Sameee

[@frankiesimmonds8387]

same here

[@Milkiesherbet]

Tasnim Hoque Yup me too 😂

[@BD-qm5lv]

Yaaaaaay I finally found two English people who understand that a Scottish note is still legal tender

[@anghinetti]

B D: Not so. Scottish banknotes are not legal tender anywhere within the United Kingdom although they are legal currency in Scotland.

[@thisrandomboy999]

Sommatore Nero no it’s legal tender anywhere in the uk

[@charleswatson1093]

B D Scottish Banknotes are legal currency - i.e. they are approved by the UK Parliament. However, Scottish Bank notes are not Legal Tender, not even in Scotland. In fact, no banknote whatsoever (including Bank of England notes!) qualifies for the term 'legal tender' north of the border and the Scottish economy seems to manage without that legal protection. What’s classed as legal tender varies throughout the UK. In England and Wales, it’s Royal Mint coins and Bank of England notes. In Scotland and Northern Ireland it’s only Royal Mint coins and not banknotes. (Courtesy of Wikipedia!).

[@olajong2315]

We just love to say 'Lee-Gal Tenderr' lol

[@kentwalker4392]

Would Quid be considered informal for Pound? I would guess that it would be like saying "Buck" instead of "Dollar" in the U.S.

[@Steeleperfect]

Yes, exactly right.

[@ThoseTwoBrits1]

Yep!

[@haroldstyles7383]

That’s what I told the Dolan Twins when I met them because they didn’t know what quid was lol

[@bunnyskinner8094]

Kent Walker f

[@brucehearn2621]

Dollar = buck = clam , simolean, smacker (usually with a large amount of dollars), bone. There's also a sawbuck (10 dollar bill), a Hamilton (also a 10 dollar bill because Alexander Hamilton is on it), a Benjamin (100 dollar bill because Benjamin Franklin is on it), a fin (five dollar bill).

[@hyunjinki1995]

5:21 yes we do have £100 note back in Scotland Northern Ireland and the IOM But like an English £50 it’s hard to break it / to use it in transaction Most shops don’t have enough change for it

[@pamelaanis715]

Thank you! Funny story: On a trip to Canada I used a travelers check and when the cash drawer opened and I saw all the different colors of the currency I was thinking I don't want Monopoly money I want REAL money. That was my first trip outside the U.S. On another trip there I was paying for a Pepsi and I thought the cashier was calling me a looney. (Meaning crazy where I live). He was actually asking for a $1.00 coin which Canadians called a looney as it had a loon engraved on one side of the coin.

[@rachaelramos]

Lol I would have been like "how did u guess I'm a Looney?" 😂

[@FranBushardt]

@@rachaelramos and $2.00 coin a TOONEY

[@teknekon]

This is really helpful guys! Just in time for class discussion tomorrow. Always appreciate your help. Great job again! Thanks! Love and cheers!👍💗😘🇬🇧

[@ThoseTwoBrits1]

Thanks Tek! Hope the students enjoy it!

[@4svennie]

The notes also vary in size from the smallest being a £5 not up to the largest being the £50 note, along with the braille in the top left hand corner (of the new notes) of the £10 note (four dots in a square) (though anyone who knows the British braille system will know the four dots in a square represents the letter 'g' and not the number ten). They also have holograms, the lowest section has a holograms that shows the denomination of the bank note. Spending a penny comes from the late nineteenth and early twentieth century when you used a penny to operate a public lavatory door. You'd put a coin in the slot that would then let you operate the door knob to lock the door.

[@ThoseTwoBrits1]

Thanks for that

[@4svennie]

No worries. Over the years I come across lots of stuff that people see everyday but stopped noticing years ago. There are so many British curiosities or things often specific to the U.K. such as appliance plugs, why two taps on a bathroom sink, how common used words and sayings come about, etc...

[@PhillProbst]

Ok, so if no one accepts the “old” notes, what can you do with them? Can you exchange them for the new ones at a bank, or wherever??

[@PhillProbst]

Always wondered what a “quid” was ... now I know.

[@PhillProbst]

Ok, so what’s a guinea (sp..?) .?

[@ariela.1752]

This is helpful I was confused by it too. This is so similar to the USA. The only difference for us is we have a $100 bill and we don’t have a 2cent coin but we do have a $2 bill but they are not easy to come by.

[@ThoseTwoBrits1]

Ah so glad!!

[@aaronmorris1513]

Just don't spend $2 bills at a Taco Bell....

[@alf.2929]

You can most likely get the $2 note from a big bank i.e. Chase or Citibank. $2 note are great for tipping.

[@ariela.1752]

I found out there is a $1000 and $10,000 bills idk who would use them tho

[@alf.2929]

"For the most part, these bills were used by banks and the Federal government for large financial transactions." "Thus the series 1934 notes were used only for intragovernmental (i.e., Federal Reserve Bank) transactions and were not issued to the public." That's from the Wikipedia page for "Large denominations of United States currency"

[@skjorta1984]

'Spending a penny' come from public toilets having to be paid to use.

[@alanastone5241]

It is now 20p.

[@pat1cust2]

I remember that phrase from the public "loos"--when entering the stalls actually required the use of a penny in a coin slot to unlock the stall door.

[@pat1cust2]

In Bedford, where I grew up (moved there from England at age 7; came back to the US at 18) one such public facility was at the bus station downtown.

[@MadaraUchiha-kl4hh]

€£¥

[@10thdoctor15]

Probably back in the days when it was 1d... just to confuse people.

[@zerofail.455]

You should explain the old fashioned terms like "crown" and farthing. Your videos are always so charming. Keep it up

[@schmoozingkaboodle5405]

No no no, the old money is really complicated & doesn't really make sense unless you grew up with it, my dad tried to teach me but I just didn't get all the silly names & amounts - Half a crown & sixpence & a half penny, two shillings Etc etc.....😣😝 😉

[@pedanticradiator1491]

Old money is no.longer used

[@garykelley9027]

Loved Scottish money when I was there, though was interesting spending it in England. And the U.S. only has 4 coins so yeah in our minds much easier.

[@Eeeeerisssss]

We have 6; penny,nickel,dime,quarter,half dollar, and dollar coin

[@hellosweetheart3350]

4 coins? Nope. 1cent (penny) 5 cent's (nickel) 10 cent's (dime) 25 cent's (quarter) 50 cent's (half dollar) 100 cent's (dollar coin)

[@boy-xu3sv]

@@hellosweetheart3350 They use their dollar coins in Britain way more than we do. Haven't had a 50 cent or 100 cent coin in 10 years.

[@Lixishum]

I feel like in America we have really plain coins and dollars now, because the money in Britain is all different colors

[@Kablemodem]

Kiera S US paper currency also has different colors now, except for the $1 note.

[@SwimminWitDaFishies]

I guess you haven't seen any of our new "Orange" shaded bills?

[@davetoday2]

That's COLOUR5

[@1christuffa]

Most of the World actually has different coloured money. ;)

[@1christuffa]

@@SwimminWitDaFishies Orange is the new green, lol.

[@DavidB5501]

Joel and Lia are too young to remember when public toilets had a coin slot for one 'old' (pre-decimal) penny. Hence 'spend a penny'. Apparently it is technically illegal to throw away money in the USA, but I never heard that it is illegal in the UK.

[@ThoseTwoBrits1]

yep!!

[@philipellis7039]

You still have to pay at some railway stations now? Bit more than a penny though. Public toilets in France quite commonly charge including on motorway services sometimes.

[@blackpoolguy79]

DavidB5501 I

[@hana-um6do]

They do that at an airport but idk which one.

[@MarkmanOTW]

Yup, you would put the old penny in the slot on the door lock of the cubicle. You can then unlock the cubicle, go in, and use it. It was the polite way of saying you needed to use the toilet.

[@sherrismith9465]

I'm American and didn't have any problems understanding the money when I was in London last year. It was pretty easy. Great video!!

[@r.velarde9946]

So I do have some questions like do restaurants and retail establishments take Euros? Does my credit card know how to convert my American dollars to English money, or would I have to contact my bank? And, why is London soooo expensive? Thanks!

[@pstahr23]

New subscriber. Been binge watching all week. Love your banter and friendship

[@ThoseTwoBrits1]

Aw thanks so much Paula!

[@le_Gay]

The queen on the Canadian bills the queen actually looks her age not like she's in her twenties

[@anghinetti]

Person: The current portrait of Queen Elizabeth II on Bank of England notes dates from 1990, when she was sixty-four years of age. Hasn't been changed because it is considered by the Bank of England to be a good anti-counterfeiting feature: everyone and his cat knows the portrait and so any slight change would ring-up in the mind of the public suspicions of forgery.

[@burke615]

I'm pretty sure "spending a penny" relates back to when many (most?) public toilets were pay toilets. The first ones cost one pence, I think.

[@ThoseTwoBrits1]

Ah that makes sense!

[@paulboy9101]

flip inheck - back in the 1950’s and earlier, some municipalities would make plastic Mills in order to pay tax. There were 10 Mills per 1 US Penny. Money goes back to what is useful to a society. The small coins and bills are disappearing because of inflation.

[@burke615]

Thanks, flip! I always get confused by those, even after I just watched a video about it!

[@MarkmanOTW]

Yup, you would put the old penny in the slot on the door lock of the cubicle. You can then unlock the cubicle, go in, and use it. It was the polite way of saying you needed to use the toilet.

[@arwelp]

Yup, 1 penny was literally what it cost to use the toilet. British Rail got a lot of criticism in the 1960s when they introduced “superloos” at some of their larger stations, and charged sixpence for it.

[@Scott_Burton]

A benefit likely to be seen from the change from the paper to plastic style material, is the note will last longer. Meaning a new note does not have to be replaced with new notes as frequently.

[@amberklein1560]

Thank you! I write Doctor Who fan fiction. (So much fun.) But as an Amercan, I'm always trying to figure out British stuff for my stories. Money, and money slang, is something I NEEDED to know. THANK YOU! You've helped a ton.

[@Hayfay27]

i love how your money is colored! in the US it’s hard to sort our cash because it’s all green and the same size lol

[@Lennox1492]

haileyy I like my money green cause I know exactly what it is

[@anunsolvedpuzzle]

haileyy - same here in Canada 🇨🇦😀

[@jasontype6380]

haileyy no it’s not

[@sophiem7791]

I like the size because you can fit them in a wallet

[@tay2944]

Tens are yellow and hundred dollar bells are textured with some blue

[@cherisedeeley2199]

I really enjoyed this! Very informative! Thanks !

[@ThoseTwoBrits1]

You're welcome! Thanks for watching!

[@Balnative]

A quarter= 25c A dime= 10c and a nickel = 5c a penny is 1c

[@ThoseTwoBrits1]

Thanks!

[@corbamilk6412]

Technically the US has never issued a penny, it has always been one cent, though any American understands penny.

[@suivatra123]

Being British: Joel & Lia Also Half dollar = 50 cents Dollar coin = well a dollar. We used to have half pennies but those were dumb. Pennies are copper coated (now) dollar coins are goldish, everything else is silver and varies in size. For some reason a nickel is bigger than a dime.

[@LeeWright337W]

Corba milk Right. The American use of the word "penny" comes from our colonial days. (We have never used the word "pence," though.) The word "dime" comes from the French word "dixieme," meaning "tenth." And originally, the 5¢ coin was made of nickel. A quarter (25¢), of course, just means "one quarter of a dollar." The 50¢ piece was referred to as a "half dollar." You should notice that the penny and the nickel have a smooth edge. The nickel is larger because it's worth more. The dime and quarter have a ridged edge, where the dime is smaller because it's worth less. The dime is smaller in size than the penny so you can feel the difference by touch without having to look at it. So it's like this: Penny (1¢) small and smooth Nickel (5¢) larger and smooth Dime (10¢) small and ridged Quarter (25¢) larger and ridged

[@deormanrobey892]

Nickels were originally made of nickel, and dimes of silver.

[@GrimFemme]

I'm an American moving to England for school soon...I'm a bit anxious about the move since I've never gone this far before. Your channel has been very helpful in easing some of my anxiety about certain things :)

[@mysteetyson9102]

I worked at disneyland and I loved when tourists held their hand out. It wasnt offensive and it moved the line so much faster

[@pineapple3555]

Mystee Tyson Random but ok

[@kevinmickey1692]

"Some old dude that no one cares about"...are you kidding? That's Winston Churchill your talking about!

[@KuLaydMahn]

Right? He's legendary even America! Actually...I sort of get the impression that Americans like Churchill more than the British. I mean, we love ol' Bulldog

[@alathiajackson4691]

I absolutely agree, I stopped the video as soon as Lia said, some old guy no one cares about. ...

[@ameliaxx]

They weren’t talking about Winston Churchill I don’t think. They were referring to the guy on the twenty. As a Brit, Churchill is very well respected here so I doubt they were talking about him

[@WSandig]

Well Lia said that about the guy on the 20, whereas churchill is on the 10er.

[@geraldslessinger8955]

They were talking about Churchhill. Some old dude!! Kick those two out of UK! He lead England during the worst days of WWII. He helped save your bacon.

[@markoldgeezer167]

Hi, Joel. Hi, Lia. "Some old dude that no one cares about." I know Lia was joking, but this hit close to home because I'm an old dude. haha 20 or 50 pounds would buy a lot of cups of coffee! Oh, and yes, the new British notes _can_ be torn. I've seen Alan Davies do it!

[@ThoseTwoBrits1]

haha She was meaning old as in 18th century!! Turns out he's an 18th century philosopher!!! You're not THAT old! Oh wow, will have to try tearing them!

[@ecwhittemore]

For the WordNerds out there (like me), I went to EtymOnline.com and found out the origin of the term, "Quid" = "one pound sterling," 1680s, British slang, possibly from quid "that which is, essence," (c. 1600) as used in quid pro quo or directly from Latin quid "what, something, anything." Compare French quibus, noted in Barrere's dictionary of French argot (1889) for "money, cash," said to be short for quibus fiunt Omnia.

[@qisiangng1611]

Do one on pre-decimalisation - that would be fun. Helps with reading old novels

[@nayeongacha1307]

How to convert to USD?

[@lanagukeisen7209]

I felt so stupid trying to figure out British money; I actually feel a lot better now that I know you had the same problem!

[@ThoseTwoBrits1]

haha! Yeah absolutely. Cannot work out dollars or euros!

[@nickrachjames]

Being British: Joel & Lia what's a Euro and what's the difference between pound, dollar and a Euro?

[@djlads]

Mat A Euro is the same as a Pound and a Dollar, it's used in the 27 European Countries that are in the European Union, the UK whilst, currently still in the EU never adopted the currency. Euro currency consists of Euros and Cents

[@jeffersoncounty6791]

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[@williambrown3889]

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[@Scott-co4cr]

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[@julissarussell2322]

@@Scott-co4cr She helped me recover what I lost trying to trade my self

[@jeffersoncounty3971]

Who's this professional everyone is talking about I always see her post on top comment on every KZbin video I watched I think I'm interested how can I get in touch with Mrs Patricia

[@keithrowe4317]

Still confused by “Pound Sterling” could u pls simplify- thanks, k

[@zososldier]

Pounds sterling is the value of a pound of silver. While American dollar is gold. (They are no where near that actual value anymore)

[@arthursandomine5464]

I really thought I’d hate this video! You guys are surprisingly funny and informative. I might be wrong but it’s a penny and pence for plural.

[@hyunjinki1995]

8:36 to add up some British crown and British overseas territories uses their own pound notes which is pegged to pound sterling And you can use the local pound and the Bank of England notes as well and British coin in these areas Jersey, guernsey, Isle of Man, Falkland island, st Helena ascension and Tristan da Cunha, Gibraltar And in Pitcairn island the use either New Zealand dollar or pound sterling Bank of England notes only As well as in British Indian Ocean they use both US dollar and Bank of England notes Other BOTs uses their own dollar money Like bermudian dollar cayman dollar east Caribbean dollar alongside the US dollar too

[@Norcomboy]

I didn't realize British people hated our coin system....yours seems much easier since the name of the coin tells you exactly how much it is instead of memorizing that a nickel is 5 cents, a dime is 10 cents, so on and so forth😂😂😂😂......

[@ThoseTwoBrits1]

yeah it's quite confusing!

[@littlemissy3936]

Actually, American coins do tell you how much they are. If you remember your basic mathematical skills you would know that a quarter of anything means it is broken down into 4 parts and can be written as a fraction 1/4 or a decimal .25 which means a quarter is 1/4 of a dollar or 25 cents. Meaning it takes 4 quarters to make a dollar. 25, 50, 75, 1.00 . the dime is the same way. The word dime means 1/10th in this case a tenth of a dollar...simply count by tens. Ten of them make a dollar. A nickel is a 20th of a dollar ...or half as much as a dime. Therefore a nickel is worth 5 cents. All you do is count by 5's...you know 5, 10, 15, 20 etc. Which means it takes 20 of them to make a dollar. Now pennies are simply 1/100th of a dollar...you count by ones and therefore it takes a hundred pennies to make a dollar. It really is that simply especially if you think of a dollar as 1.00 or a 100. We do have a half dollar piece or a fifty cent piece, but they are not very common and seldom used. They are worth .50 cents..or 1/2 a dollar so you need two of them to make a dollar. Now our paper money is pretty easy since the number amount is right on it. We also have a fiver ($5) and a tener ($10). We also say dough and cash. Yet, for a dollar we may use the term buck, green back, a bill...just to name a few

[@ladydawgfan4832]

Don't forget to be on the lookout for the occasional $1 coin. It comes in three varieties - the original and largest of the three, the silver dollar with President Eisenhower on the front, small and silver, resembling a quarter with an octagonal edge with Susan B. Anthony on the front and small but gold in color with Sacagawea's likeness on the front.

[@Tuning_Spork]

What's confusing to tourists, Little Missy, is that the penny says "ONE CENT" (but not "penny", still, easy enough), the nickel says "FIVE CENTS" (but not "nickel"), the dime says "ONE DIME" (but not "10 cents"), and the quarter says "QUARTER DOLLAR" (but not "25 cents"). If you don't grow up with these coins, you do have to actively memorize what they are and what they're worth.

[@Sgt_SealCluber]

Just noticed that dimes just say "One Dime" and not ten cents. Not sure why they are still making pennies and nickels. I mean it costs 1.5 cents to make a coin worth 1 cent and 8 cents to make a coin worth 5 cents!

[@millie3918]

I love how I watched this even though im British

[@johnwilson668]

"Spend a penny" meaning going to the bathroom, did you guys ever have pay toilets over there? Could "spend a penny" have become a phrase because you would have had to put a penny in the coin slot to open the door?

[@fionagregory8078]

Yes and now it costs 20p

[@shastanwilliams22]

WE HAVE THAT HERE IN SAN FRANCISCO,CA U HAVE 2 PUT .50 TO USE THE RESTROOM..

[@brookelockwood7663]

Perfect! heading to the UK this fall for the 2nd time and this was so helpful. I was clueless my first time!

[@pat1cust2]

I like that you still say "quid" for pounds and "fiver" specifically for 5-pound notes. We of course say "bucks" for dollars and various other odd terms, depending on region or state, for various money increments...

[@consciouscreationwithmegan]

I just exchanged US Dollars for £ and I feel Poor. 😂 Good information since I just got a bunch of cash (I hate paying international transaction fees) ... I hope it’s not rejected. I do love UK money, even though it doesn’t fit in my wallet.

[@ThoseTwoBrits1]

hahaha! Yep! Just make sure they haven't given you old £5 and £10 notes

[@valc8765]

Yes! I feel the same! And not sure how it's going to fit in my wallet xox

[@tacosmexicanstyle7846]

At least you're not going from AUD to GBP... that is truly terrifying

[@usafvet100]

Megan Faver So it sounds like I'd be better off to get some British cash before making a trip to the UK rather than pay a transaction fee for debit card purchases?

[@consciouscreationwithmegan]

usafvet100 I would definitely get cash. There are some restaurants we went to that were cash free, so we used our card, but we did save a lot of fees. Have fun! Miss England already.

[@Rose-ns3lv]

Bi culture is having a crush on both Joel and Lia 😂💙💜💖

[@christapotterfan8126]

how are you funny no matter what you're talking about

[@ThoseTwoBrits1]

hahaha thanks!

[@wisdomfromthewoods3638]

yep, glad to know it is the same for you... when in Scotland I wind up putting a hand full of coins out and if it is a lovely lass, I ask for some help picking out.

[@bluemelfly]

Ok, because I watch lots of masterpiece theatre I need to know what a "crown", half-crown are, as well as a shilling, guinea and ha'penny, please explain. Please?!

[@bigpapa3635]

Melissa Braasch these are old coins we dont use them anymore but a crown was a 1/4 of a pound, a half crown was a 1/8 of a pound, a shilling was 12 pence, and a ha’penny is half of a penny. ( i am not sure what a guinea is sorry)

[@amberboshers3903]

I was confused this whole video lol

[@johncameron1349]

a long time ago before you was born it would cost you a penny to go to public toilets now it like a pound at kings cross. also the 50p is equal to 10 shilling old money some of us call the 50p ten bob.

[@ThoseTwoBrits1]

Ahhh that makes sense!

[@johncameron1349]

in fact did you know that way back when the 10 shillings (50p) was a note just like the fiver and that old fivers were white and around A5 in size

[@nancyomalley6441]

That must be expensive for those with overactive bladders!

[@LoriCrabtree31]

Is that where we get the slang going to pee or need to pee?

[@jonmoore8855]

British money is cool!

[@hyunjinki1995]

5:56 how about the 1/2p and the 1/2new p the larger 5p, 10p and 50p

[@eggman989]

There are several antiquated phrases based on old American coins, that still find their way into the American lexicon, for example , “Drop dime on someone” means turn them in to the police by making a phone call from a phone booth (anonymously) back in the day when we had pay phones everywhere (pre internet) and it cost ten cents (one dime) to make a call...

[@randiaune5219]

Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

[@alexowen8474]

The wealthy ones stay wealthy by investing like the poor and while the poor stay poor because they do not invest like the rich

[@someonesomewhere9115]

How many pence in a pound and for the “non-pound” coins how many pence are they worth?

[@geoffpriestley7001]

100 pence =£1

[@hellosweetheart3350]

@@geoffpriestley7001 just like 100 pennies= $1.00 dollar

[@geoffpriestley7001]

@@hellosweetheart3350 under the old system there was 240 old pennies in a pound that changed about 55years ago .so when i went to school 1 pounds = 20 shillings ,1 shilling = 12 pence and we still had the guinea which was 21 shillings and we still had crowns , 1/2 crown and fluorine coins must have been oneof the worst system in the world

[@mikeblake1000]

Going to the toilet is called 'spending penny ' because you used to have to put a penny inn the coin slot of the public toilets doors to gain access. It was a payment for using the facilities

[@gabysm11]

This has been very informative. Thank you! I'm so glad I stumbled upon your channel.

[@sanafromodessa3203]

How's finding a partner for Joel going, Lia? love you guys

[@melanie5416]

It’s good to know that Americans rate above a drug dealer. ☕️ 😆

[@thealaskan1635]

We are the drug dealers

[@rocking_will117]

Im a sprinter for track whom me being black

[@criskity]

I remember the half-p coin.

[@ThoseTwoBrits1]

Wow that must have been a while ago

[@claveworks]

I remember 1/2 p but also pre-decimal 1/2d (halfpenny) and 1/4d (farthing) so you would get (in theory) 960 farthings for a one pound note lol.

[@wobaguk]

Yeah I remember the 1/2p it was around into the 80s

[@michw3755]

CNVideos I'm even older, I remember sixpence 2.5p and threepenny bit 3p which was a multi-sided coin

[@derekhorne8076]

And the £1 note! Though Scottish banks still issue £1 notes which are legal tender in the rest of the UK - though many shopkeepers don't seem to realise this!

[@johnr7279]

The best part of this one is at 6:05. I think I got into coin collecting from something like this. Counting and sorting piles of pennies.

[@AeVlogsVegas]

I got a quick question I'm a little confused 😕 how do move to London from the us can u tell me the pas port

[@curacaokidd]

i love how you toss off "the world is going cashless" and it's right over your head that it's your freedom you're talking about. LOL

[@manchestertart5614]

Blow the Americans minds by showing all the different designs used for 50p and £2 Coins Oh yeah,and the elusive new 10p coins 😝😆

[@patrickben2505]

Mrs Charlotte Eliza is the right person to start trading cryptocurrency. She has been helping me increase my investments everyday for over months. She's Genius I've made close to 1btc through him

[@johnsoneliza2677]

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[@Plutopounds1]

Despite the economy downturn I'm so happy 🥰 I have been earning $60k return from my $7,000 investment everyday.

[@narcolepticnightmare8949]

I’m venturing to London from the Northeast area of the US. Thank you guys for all the facts! I’ll be sure to note all of them down for when I go!

[@whiteasbleach]

As an American, I enjoy having single dollar bills because then my wallet isn't super heavy with coins. I Also, the penny for your thoughts came around because it was the cost of a stamp when you'd mail an opinion into the newspaper, or mailing letters.

[@twofiveb]

So there are eight coins currently used in the UK. There’s seems to be a pattern: 2,1 pound coins 50, 20, 10 pence coins 5, 2, 1 pence coins

[@wendygutierrez2323]

In the US, we rarely use coins. It is almost shunned. We use cards mostly, also cash, but if someone is digging through their bag to find exact coins it usually looks like they don't have much money. Most people will just use bills and break them instead of coins.

[@mitchftwin]

Great video! I’ve been wondering about this topic for awhile. Now if I could figure out why some Brits refer to their weight in “stones.”

[@DMDM-dc9ep]

BBC Comedy - Catherine Tate kzbin.info/www/bejne/aZeYnJJpn86Nf6s - just guess how much weight have I lost - a stone and a half :) ? - a stone and a half ?!!! a stone and a half? in a week?

[@crazyoncoffee]

So many Americans don’t get the ‘quid’ thing but as soon as I thought about it like ‘bucks’ in US currency it became so simple! In any context where you’d say bucks instead of dollars, say quid instead of pounds. In informal speech, you’d say 100 bucks. So when speaking informally in the UK, say 100 quid.

[@tracicameron935]

That was actually quite helpful! Getting ready to visit London for the first time next week and I’ve been so confused about the money!

[@wearesuperheros846]

Lia was so fascinated by the £10 her face had pure joy and excitement it was so cute it’s like when you give a kid a £1 there so happy and fascinated it’s so cute I love you guys xxxxxxx

[@10thdoctor15]

When I went to Canada, I grasped the money denominations straightaway, but I still think ours are more obvious (it's decimal - 0.01, 0.02, 0.05, 0.1, 0.2, 0.5, 1, 2 in coins).

[@analisareynolds]

In the U.S., we sometimes get Canadian coins or Mexican coins which is not legal tender in the U.S. We have 1 cent coins or pennies, 5 cent coins or nickels, 10 cent coins or dimes, 25 cent coins or quarters, 50 cent coins and 1 dollar coins (both rarely used). But like everywhere else, bank cards are primarily used.

[@pbj4toast]

Do all of the paper notes have that same photo of the queen and when she is gone will they have to print new money?

[@MsJillVicius]

What's funny is that in Canada, Her Majesty's picture updated in 2000 on our coins -- no crown. It just looks like someone's granny is on our money. She's also on our $20 bill (bank note) without a crown.

[@rogercomix5648]

Ok, I have a question. Last my daughter and I were in the UK was 2014. When we left we did not spend all our money we got from the hole in the wall at Loyd's. So when we go back next year we have about 300 quid in 20,s, 10,s and 5's and about 30 quid in coins. These are in fact paper notes and the 1 quid are all the thick, heavy no silver variety. Do we just toss this or can we redeem at a Bank?

[@JimParrillo]

FYI - A "quarter" is old slang term just like a "tenner" or the "fiver" in the UK. (i.e. a quart is 1/4 of a gallon, much like like 25 = 1/4 of 100).

[@angelajones3249]

Can you talk about the ‘old’ vs ‘new’ money ? Growing up in 70’s and after read and watched old films/tv it is so confusing to remember 2 foreign systems in same location?

[@Piasays]

So what happens when you have old notes that you’re ready to spend do you lose your money can you take them to a bank to have it switched out or something?

[@iguanapete3809]

OMG this takes me back to 1966 when I was in The UK with the U.S.Army. The "Shilling" was worth 14 pence. The "Half Crown" was two Shillings sixpence. The "Guinea" ( I was told) was for the upper class . One pound one shilling. I miss the old way.

[@iguanapete3809]

@Michael Bond It was 54 years ago. Cut me some slack.

[@Coltrabagar]

This will help me when I'm watching British TV and such. Thanks. Oh, side story. My first experience with multi-colored cash (The US dollar is pretty monochromatic although that's changing a bit with newer bills) was in Canada. Was visiting friends and went to the store. When the cashier opened the till (we call it the cash register or just register in the States) I saw the flash of color and the thought immediately crossed my mind, "Why is the register full of candy wrappers?"

[@hyunjinki1995]

3:40 twenty quids can be called as score in some region of England mate

[@fatdaddy7506]

what does quid mean? is that how one would spell it?

[@ianrobertson4820]

Quid = correct Means pound ie 5 quid 5 pounds etc etc etc

[@geoffdearth8575]

I happened to visit the UK when decimalization was taking place. At that time the pound was equal to $2.40 US. So the english penny was equal to the US penny because the pound had 240 pence. (20s x 12d)

[@zackbop9045]

My biggest confusion was pound vs quid. Thanks for explaining

[@crazycanadian8471]

By the way Ty for explaining money i was really confused on what a quid was lol

[@InnannasRainbow]

At one time, in the US and England, you had to pay a small fee to use a public toilet, thus 'to spend a penny'.

[@dklord1]

Loved this video. What about the money before the decimal coinage?

[@mikemiles3068]

Thanks so much but do you not have a 1 pound note❓