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Cash in your old punts in Clones

Wednesday, 28th March, 2012 12:30pm

Story by Tom Kelly
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Cash in your old punts in Clones

Tony Morgan from Liptons store in Clones, the only store in the country accepting three Irish currencies, the euro, the pound and the punt!

Since March 12, Liptons has been accepting old Irish punt notes in its Clones store and as of Monday this week, they are also now accepting coins.

Tony proclaims: "There is still IR£265 million out there. We would love to see some of it and that's why we set up embracethepunt.com".

This was originally the brainchild of son Ciarán who saw that Mugardos, a small town in Spain, reintroduced the peseta. Tony thought this would be a golden opportunity to do the same at Liptons in Clones.

The exchange rate is 1 pound for 1.20 euros and so far the shop has received over £300 in old Irish punts. Change will be given in the form of shop vouchers. The exchange rate on coins, however, is like for like.

But this is just the beginning, according to Tony, as plans are in train for the entire town of Clones to adapt this system it the only town in Ireland to accept three currencies and making it Ireland's premiere town for cashing those punts.

"We had a town meeting about it last Thursday night and there was a lot of positive feedback so hopefully we wont be the last shop in the town to accept punts. This could be big for a town like Clones."

So if you have cash lying around the house with pictures of nuns or Irish playwrights on them, why not take a 'punt' on Liptons in Clone

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