The Redesigned Lewes Pound
Images Courtesy The Generalist Blog
![Paine09b556[9]](http://www.mainstreetcash.org/wp-content/Paine09b5569.jpg "Paine09b556[9]")
Redesigned note shown below.![v3_note_00162[5]](http://www.mainstreetcash.org/wp-content/v3_note_001625.jpg "v3_note_00162[5]")
In case you missed it page 6 of the June issue highlights the successful Lewes Pound operation.
The success of the Lewes Pound is growing. In July, Transition Town Lewes will add an additional series of higher denomination notes including the Lewes £1, £5, £10 and £21 notes. Why £21? With the circulation of each Lewes Pound note, the organization will donate 5% of the face value to the Live Lewes Fund which is set up to aid and help pay for a range of community group projects. This fund will be administered by the Lewes based Sussex Community Foundation.
Since September of last year, more than 31,000 Lewes pounds have been issued and are now accepted by more than 130 traders. While the Lewes £1 notes were only launched last year, the environmental group behind the Lewes Pound, has determined that the £1 notes have already had a very positive impact on the local economy. The goal of the group is to help inspire the imagination of local people in support of the Lewes economy and to work against the effects of climate change.
The new larger notes will be backed by Sterling, and the exchange rate for customers is still one Lewes Pound for one pound Sterling. A recent survey, carried out by TTL’s Lewes Pound Group, found that half the people who used the currency have increased their spending in local stores The new larger notes have all been designed by local artists and students from local schools. Their designs will be revealed July 3 at a local celebration.
