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Stroud pound

The Stroud pound is a local currency in use in Stroud , Gloucestershire, England. Unveiled on 12 September 2009, the scheme is the third local currency scheme introduced in Engl...

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The Stroud pound is a local currency in use in Stroud, Gloucestershire, England. Unveiled on 12 September 2009, the scheme is the third local currency scheme introduced in England in recent years after the Totnes pound and the Lewes pound.[1]

History

Launched on 12 September 2009,[2][3] the scheme is an initiative of the local Transition Towns group. Unlike the Totnes pound and the Lewes pound, the Stroud pound is based on the Chiemgauer, a community demurrage currency circulating in the Chiemgau region of Bavaria, Germany since 2003. The Stroud pound has a demurrage rate of 3% every six months.[4] As of April 2010, 30 businesses in Gloucestershire are enrolled in the programme.[5]

On the day of the launch, local currency with a face value of over 1,000 Stroud pounds was sold.[6]

However, in 2011 only £4,000 worth of Stroud pounds were issued. Some local businesses complained about the hassle and said customers still supported them but preferred to use sterling.[7]

In 2015 a discussion on a possible re-launch was held.[8]

One of the founders, Molly Scott Cato said in 2016 that the currency was "never viable", since there was not enough currency in circulation, compared to the Bristol pound.[9]

As of November 2019 the website had not been updated since 2012,[10] but Stroud Pound Co-op Ltd still exists.[11]

Currency design

Stroud Pounds were available in four denominations: £1, £2, £5 and £10. All feature Philippa Threlfall's 1972 mural "Buildings of Stroud" and a Fuller's teasel (Dipsacus sativus) on the front, and various images of local significance (including local celebrities, landscapes, flora and fauna) on the back. The highest denomination features Laurie Lee.[12] Designs are printed in bright colours on watermarked security paper.

References

  1. ↑Town launches its own bank notes BBC News 13 September 2009
  2. ↑"Stroud pound ready to launch", Times Online, 11 September 2009
  3. ↑Will the Brixton pound buy a brighter future? The Guardian 16 September 2009
  4. ↑ Scott Cato, Molly ; Suárez, Marta (julio de 2012). "Stroud Pound: una moneda local para mapear, medir y fortalecer la economía local" (PDF) . International Journal of Community Currency Research . 16 : Sección D 106–115.
  5. ↑ Un pueblo del Reino Unido crea su propia moneda, Big Pond News , 3 de abril de 2010
  6. ↑ "Los compradores convierten más de 1000 libras esterlinas en libras de Stroud", Stroud News & Journal , 14 de septiembre de 2009
  7. ↑ Dave Harvey, "Se lanza la libra de Bristol para mantener el comercio en la ciudad" , BBC News, 19 de septiembre de 2012.
  8. ↑ "Reunión para discutir el posible relanzamiento de Stroud Pound" .
  9. ↑ Sheffield, Hazel (13 de enero de 2017). «Dinero nuevo: ¿Funcionan realmente las monedas locales?» . Lo largo y lo corto . Nesta. Archivado del original el 17 de noviembre de 2024. Recuperado el 7 de agosto de 2025 .
  10. ↑ "Inicio" . stroudpound.org.uk . Archivado del original el 5 de abril de 2015. Consultado el 12 de enero de 2022 .
  11. ↑ "Información general de STROUD POUND CO-OP Ltd – Encuentre y actualice la información de la empresa – GOV.UK" .
  12. ↑ "Laurie Lee aparecerá en los billetes de Stroud", The Daily Telegraph , 11 de septiembre de 2009
  • BBC News  : La ciudad imprime su propia moneda.