This week's CST session has 'Money' as a theme because the Euro 20th anniversary was on 1st January 2019 and it was the 50th anniversary of the 50p coin.
To celebrate, the Royal Mint had released an anniversary commemorative set of 50p coins, one marking the 250th anniversary of Kew Gardens, another commemorating Roger Bannister's world record sub four minute mile and two celebrating the centenaries of the Scouts and Girl Guides.
We asked members, how many sides does a 50p coin have? - SEVEN
How much is 50p worth today, in terms of value, compared to 1969? - £8.17
Who were the founders of the Scouts and Girl Guides? - ROBERT BADEN-POWELL & HIS SISTER AGNES
Also this week there was a Debate and Vote in the House Of Commons concerning Prime Minister Theresa May's Brexit Deal. Her proposal was heavily defeated, but she did win a Vote Of No Confidence. We discussed what might happen next? A delay to Article 50, Remain in the EU, a Peoples' Referendum or Leave With No Deal. We all agreed that these are interesting times, politically and socially.
29th March is 'Brexit Day'. If we do crash out, it could be the most shocking day of the year financially, with forecasts of the pound tumbling, house prices tanking and the stock market crashing. But we do get a new 50p coin to “commemorate” the occasion. This is due to be issued by the Royal Mint in the spring. The “Brexit Coin” will bear the words “Peace, prosperity and friendship with all nations”.
We asked members to think of any alternative words to put on the coin? One said, "So long, farewell, Auf Wiedersehen, goodbye!"
The Bank of England has released a list of scientists who have been nominated to feature on a new £50 polymer note. The winner is announced in the summer.
On the list are computing pioneers Alan Turing, the Enigma code breaker of the Second World War, Ada Lovelace, Victorian computing visionary, telephone inventor Alexander Graham Bell and astronomer Patrick Moore. Physicist Stephen Hawking and penicillin discoverer Alexander Fleming are also there. More controversially Margaret Thatcher made the list, as she was a scientist before becoming a politician. Apparently she worked on the formula for Mr Whippy ice cream!
Who do members think should feature on the new £50 note out of this list?
There is also a new polymer £20 note, due to be released in 2020.
Mark Carney, Governor of the Bank Of England, said: "I am delighted to announce that J.M.W. Turner has been chosen to appear on the next £20 note. Turner is perhaps the single most influential British artist of all time.
J.M.W. Turner’s self-portrait, painted in 1799 and currently on display in the Tate Britain, will feature on the new £20 note, along with his painting of 'The Fighting Temeraire'; a tribute to the ship which played a distinguished role in Nelson’s victory at the Battle of Trafalgar in 1805.
The quote - “Light is therefore colour” from an 1818 lecture by Turner referring to his innovative use of light, shade, colour and tone in his pictures and his signature are also to be included.
What do members think of the new polymer notes?
Has anyone washed one yet and put it through the tumble dryer?
What about the concern of vegans that the new polymer notes include animal products?
Polymer notes already in circulation are the £5, which launched in September 2016. This note features Winston Churchill, one of the greatest statesmen of all time, and the only Prime Minister to win the Nobel Prize for Literature. The images on the back of the note show a view of Westminster, home of the UK government, and the Elizabeth Tower (containing Big Ben) from London’s South Bank, looking across Westminster Bridge.
Then there is the £10 note, which launched in September 2017. The distinguished author Jane Austen is on the reverse side of the note. Books by her included 'Pride and Prejudice', 'Sense and Sensibility', 'Mansfield Park', 'Northanger Abbey' and 'Emma'.
We remembered the new £5 released in 2016 had a few notes with a microdrawing of an inscription by Jane Austen on it? The words were, "I hope I never ridicule what is wise or good." These five notes were said to be worth £50,000 each, if you were lucky enough to find one.
We asked members whether anyone ever had a lucky windfall like this, such as a Pools or National Lottery or ERNIE win?
We went around the room and asked members, if they had £50,000 to spend, what would they do with the money (paying bills was not allowed).
IN OTHER NEWS ...
China landed an unmanned spacecraft on the Dark Side of the Moon.
We asked if anyone could remember which rock group had a best selling album entitled, 'Dark Side Of The Moon'? - PINK FLOYD
Despite all the timetable chaos, strikes and delays that added up to a woeful service for many passengers last year, UK rail fares rose by an average of 3.1%. That's a 36% increase since 2010!
We asked if anyone had used the railways recently?
What was their journey like? Where did they travel?
We asked if anyone remembers steam train journeys and what were the differences then as opposed to diesel and electric train journeys of today? Answers included the smell of coal burning, the noise and hiss of the engine and steam being released, the old more private carriages and the pervading steam.
We asked members to complete the following phrases:
Rich man, poor man, beggar man - THIEF
Money makes the world go - ROUND
Three coins in a - FOUNTAIN
Sound as a - POUND
Treasure - ISLAND
Long John - SILVER
Born with a silver spoon in his - MOUTH
Break the - BANK
Bring home the - BACON
Cash in your - CHIPS
Foot the - BILL
From rags to - RICHES
Sticky - FINGERS
Live hand to - MOUTH
Pay an arm and a - LEG
Penny - PINCHER
Pay a King's - RANSOM
Pick up the - TAB
Pour money down the - DRAIN
Put your money where your - MOUTH IS
Bet your bottom - DOLLAR
Money doesn't grow on - TREES
Strike it - LUCKY/RICH
Money - TALKS
Worth it's weight in - GOLD
On the - HOUSE
Pay - PEANUTS (get monkeys)
Feel like a million - DOLLARS
Bread and - BUTTER
Diamonds are a girl's - BEST FRIEND
Spend a - PENNY
Find a penny pick it up. All day long you'll have - GOOD LUCK
Filthy - RICH
The penny - DROPPED
We continued with asking the following questions ...
Who is the Governor of the Bank Of England?
Who is the Chancellor Of The Exchequer?
What colour box does the Chancellor Of The Exchequer deliver his budget in?
Where are coins minted in the UK?
ROYAL MINT IN LLANTRISANT
What about bank notes, where are they made?
DE LA RUE, DEBDEN ESSEX
Where would you find 'The Crown Jewels'?
THE TOWER OF LONDON
What is the most valuable diamond in this set?
THE CULLINAN, VALUED AT £400M ALONE
One which UK coin would you find the Prince Of Wales feathers?
Name a historic bicycle named after a coin?
Who hosted the game show, 'The Price Is Right'?
BRUCE FORSYTH (1995-2001) & LESLIE CROWTHER (1984-1988)
Who hosted 'Deal Or No Deal'?
Who hosts 'Tipping Point' on ITV?
What does 'BOGOF' stand for?
BUY ONE GET ONE FREE
How much is the slang term 'A Pony'?
What about a 'Lady Godiva', 'A Bullseye' and 'A Monkey'?
£5, £50 & £500
If you were travelling overseas, where would you get your currency?
BUREAU DE CHANGE
What is the name of the popular game which includes the role of Banker and a Community Chest?
How much do you get for passing GO?
The TV show 'Who Wants To Be A Millionaire' was hosted by whom?
CHRIS TARRANT (NOW JEREMY CLARKSON)
Who was the first person to win a million on this show?
JUDITH KEPPEL (WHO IS NOW AN 'EGG HEAD')
What sale always features in the house buying and doing up show, 'Homes Under The Hammer'?
What is the 'Hammer' called in an auction?
What fundraising effort involves selling old bric a brac to raise funds for good causes?
JUMBLE SALE OR CAR BOOT SALE
How would you spell SHELL OIL on a calculator?
Turn it upside down and type 710 77345
15th February 1971 was 'Decimalisation Day'. Do members remember it, and the upheaval caused by learning how to translate old to new costs and values?
We had brought in some old coins and notes, including pre-decimal halfpennies, pennies, shillings etc. Here's a list of the coins and how much they were worth...
Common names for coins were:
A quarter penny was a 'Farthing'.
A half a penny was a 'Hay-p-ney'.
A three pennies coin was a 'Thru-p-ney bit'.
A six pennies coin was a 'Tanner'.
A shilling was called a 'Bob'.
A two shillings coin was a 'Florin'.
A two shillings and six pennies coin was a 'Half crown'.
A five shillings coin was a 'Crown'.
A pound note was a 'Quid'. (Twenty shillings or 240 pennies)
A twenty one shillings coin was a 'Sovereign' or ‘Guinea’
The decimal equivalents are...
Members passed around the coins and notes and despite not having seen any for years and years, we all agreed they were still very familiar. Especially Brittania on the penny.
Many people collect coins, especially first issues. Other people collect stamps, another form of currency. We asked if any members collect either? Or anything else? Some people collect artwork or antiques, others collect medals or military gear, whilst some people collect beer mats or football cards. Or vinyl albums. Or celebrity signatures.
We asked if anyone has a collection they are proud of, and if so would they care to estimate it's value. We agreed that despite value, most people's collections are 'priceless' to them.
We discussed forms of saving and investment and if anyone remembered 'Ernie' Premium Bonds, Green Shield Stamps or Petrol coupons.
We asked had anyone 'played' the Pools or Bingo? Or more recently the National Lottery? Had anyone won anything of note?
We remembered some of the Bingo nicknames for numbers:
Kelly's eye - ONE
Kock at the door - FOUR
Legs eleven - ELEVEN
Unlucky for some - THIRTEEN
Coming of age - EIGHTEEN
Key of the door - TWENTY ONE
Two little ducks - TWENTY TWO
Al the threes - THIRTY THREE
Life begins - FORTY
Deck of cards - FIFTY TWO
Heinz varieties - FIFTY SEVEN
Tickety boo - SIXTY TWO
Clickety click - SIXTY SIX
Trombones - SEVENTY SIX
Two fat ladies - EIGHTY EIGHT
THE PRICE IS RIGHT
We finished this discussion with a smashing Telegraph Quiz about prices of classic goods around the time of 'Decimal Day' compared with today. Here's the link http://www.telegraph.co.uk/finance/economics/12007420/How-much-did-these-classic-goods-cost-40-years-ago.html
Spotify Playlist link https://open.spotify.com/user/1154769589/playlist/3siw5nb56Ja2ufiAdzr0KG
Money Money - Cabaret
Where was this film, starring Liza Minnelli and Michael York, set?
KIT KAT KLUB, BERLIN
Do members agree with the sentiment, "Money makes the world go round"?
Money Money Money - ABBA
Can members think of any slang names for money?
FILTHY LUCRE, DOUGH, DOSH, READIES, SPONDULICKS, WONGA, LOOT, LOLLY
Why were ABBA named ABBA?
THE FIRST LETTERS OF THEIR CHRISTIAN NAMES (AGNETHA FALTSKOG, BJORN ALVEUS, BENNY ANDERSON, ANNI-FRID LYNGSTAD)
If I Were A Rich Man - Fiddler On The Roof
Name the musical and the singer?
FIDDLER ON THE ROOF
You've Got To Pick A Pocket Or Two - Oliver
Who is singing the song?
RON MOODY AS FAGIN
Who did Oliver ask "Please sir, I want some more?" of?
MR BUMBLE, PLAYED BY HARRY SECOMBE
Antiques Roadshow - TV Theme
Who was the first host of 'The Antiques Roadshow'?
ARTHUR NEGUS (1977-83)
The current host is?
Only Fools and Horses - TV Theme
Name the brothers?
DEL BOY AND RODNEY TROTTER (PLAYED BY DAVID JASON & NICHOLAS LYNDHURST)
What car did they drive?
A YELLOW RELIANT ROBIN
Steptoe And Son - TV Theme
Name the actors who played Alfred and Harold?
WILFRED BRAMBLE & HARRY H CORBETT
What was the name of their horse?
The Good Life - TV Theme
Who were the characters and actors who lived next door to each other in this comedy about escaping the rat race?
TOM & BARBARA GOOD, PLAYED BY RICHARD BRIERS & FELICITY KENDALL
AND MARGOT & JERRY LEADBETTER, PLAYED BY PENELOPE KEITH & PAUL EDDINGTON
The Apprentice - TV Theme
Who were the Chairmen of the Board in the UK and US versions?
LORD ALAN SUGAR & DONALD TRUMP
Dragons Den - TV Theme
Can anyone think of the programme's most successful inventor, who won an investment for his sauce?
LEVI ROOTS (REGGAE REGGAE SAUCE)
It's also worth mentioning Rob Law who developed the very successful children's Trunki Suitcase. But this received no investment!
Two Hearts - Phil Collins
What film about the Great British Train Robbery did this song feature in?
What year did it take place in?
(£2.6m was stolen, which equates to almost £50m in today's money!)
Band On The Run - Wings
Who appeared on the album cover (download from the internet and pass the picture around)?
MICHAEL PARKINSON, KENNY LYNCH, PAUL MCCARTNEY, JAMES COBURN, CLEMENT FREUD, LINDA MCCARTNEY, CHRISTOPHER LEE, DENNY LAINE & JOHN CONTEH
Penny Lane - The Beatles
How many pennies were in an old (pre-decimal) pound?
240 PENNIES OR TWENTY SHILLINGS
What was a Shilling coin known as?
Diamonds Are A Girl's Best Friend - Marilyn Monroe
Which 1953 film starring Marilyn Monroe and Jane Russell did this song feature in?
GENTLEMEN PREFER BLONDES
Which 1959 Billy Wilder film did Marilyn Monroe star in, alongside cross dressing Tony Curtis and Jack Lemmon?
SOME LIKE IT HOT
Three Coins In The Fountain - Frank Sinatra
Which fountain does this song refer to?
FONTANA DI TREVI IN ROME
Has anyone been there and thrown money in the fountain for good luck?
Diamonds Are Forever - Shirley Bassey
Who starred as James Bond in this 1971 movie?
Who were the other James Bonds?
DAVID NIVEN, GEORGE LAZENBY, ROGER MOORE, TIMOTHY DALTON, PIERCE BROSNAN & DANIEL CRAIG
Goldfinger - Shirley Bassey
Where was Shirley Bassey born?
What is her nickname?
THE GIRL FROM TIGER BAY
Material Girl - Madonna
What musical did Madonna star in as Eva Peron?
Where was it set?
Gold - Spandau Ballet
What soap opera did Martin Kemp star in?
In the role of?
Money For Nothing - Dire Straits
Can anyone name the lead singer and guitarist?
What instrument does he play?
Can't Buy Me Love - The Beatles
So, how many UK number 1 singles did The Beatles have, including this one from 1964?
(She Loves You, I Want To Hold Your Hand, Can't Buy Me Love, A Hard Day's Night, I Feel Fine, Ticket To Ride, Help, Day Tripper/We Can Work It Out, Paperback Writer, Yellow Submarine, Eleanor Rigby, All You Need Is Love, Hello Goodbye, Lady Madonna, Hey Jude, Get Back & The Ballad Of John And Yoko)
Money - Pink Floyd
Who were the band members of Pink Floyd, at the time of Dark Side in 1973?
ROGER WATERS, DAVE GILMOUR, NICK MASON & RICHARD WRIGHT (SYD BARRETT WAS ALSO IN INITIAL LINE UP)
What date did The Eagle landing craft of Apollo 11 land on the moon?
20th JULY 1969, WITH NEIL ARMSTRONG TAKING THE FIRST STEPS ("ONE SMALL STEP FOR MAN, ONE GIANT LEAP FOR MANKIND")
Have a game of Bingo, and make sure to have some prizes on standby for 'A Line' and 'Full House'.
Or another activity suggestion, if you have any off cuts of wool handy, make pom poms with the group and collect their efforts into a display.