re: #243 Wendell Zurkowitz ((slave to the waffle light))

There is such a thing as a Scottis, the Bank of Scotland, The Royal Bank and the Clydesdale Bank all issue their own notes, which are legal tender in Scotland but not “abroad”.

When I was stationed in Spain, I used to regularly drive to Gibraltar.

In Gibraltar, there were three pounds that circulated as currency: Scottish, English, and Gibraltarian.

Gibraltar’s money is worthless outside Gibraltar. Spanish banks would look sideways at Scottish pounds if you attempted to exchange them for pesetas (I was stationed in Spain before it joined the Eurozone).

Smarter Americans shopping in Gibraltar would insist on receiving any change for a purchase in English Pounds (to ensure convertibility to other currencies).