Originally Posted by
Scots_Al
No, that's due to the idiotic fiscal policies being pursued by the current inhabitants of nos 10 and 11 - but I'm not sure what point you're making?
The post of mine quoted above is accurate, so the reply should be a "yes" rather than a "no".
One of the risks of holding old notes is there is devaluation/depreciation risk -- whether or not the issuing authority of a currency plays from the demonetization playbook.