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Peseta's

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Octavius | 10:18 Tue 09th Nov 2004 | Business & Finance
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I have found about a million (or something like that) spanish pesetas, in a rarely opened box in a cupboard.  Am I still able to exchange this for GB � or Euros somewhere or is this dead money?  
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HSBC branches accept foreign currency on behalf of charities
Currency: Spanish peseta (ESP); euro (EUR)

note:  on 1 January 1999, the EU introduced the euro as a common currency that is now being used by financial institutions in Spain at a fixed rate of 166.386 Spanish pesetas per euro and will replace the local currency for all transactions in 2002
Don't know, but when the peseta was discontinued 1,000 pts were worth about �6. This makes a million worth about �6000, so worth pursuing if your maths are correct.
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Well maybe not exactly a million, but I know theres over �1,000 (if your maths are correct!).  Would be a real bloody shame if I can't exchange it..!
If you're successful, thepheebster needs a ton.
I suggest you ask the Spanish Consulate in London:- http://www.conspalon.org/indexeng.html

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