Barely used doesn’t mean useless
They’re not for regular people making regular transactions, it’s kinda intended for high value transactions
Wealthy people selling things (semi-)privately to each other is one obvious one, things like those £50k watches. Sometimes these wealthy people want to do their spending with utmost discretion, so cash is king.
Another is pawnbrokers, private currency exchanges and similar kinds of business that just have to deal with a lot more cash than is typical.
Don’t get me wrong, its usage will definitely be in decline, but I don’t see them taking it out of rotation any sooner than the fiver
schnurrito@discuss.tchncs.de 11 hours ago
Sounds similar to the 200 euro note. Though I did once manage to withdraw one from an ATM, and it was accepted at a grocery store without problems.
Fribbizz@feddit.org 11 hours ago
Hm, I wanted to respond it seems more like the 500€ note, but it appears to not be produced anymore since 2019.
Those noone really wanted to have to deal with.
TranquilTurbulence@lemmy.zip 9 hours ago
The 200 € note is the rarest one. When buying a car, I’ve actually used 500 € notes a few times. I’ve seen a 200 € note only once or twice. Can’t even remember when was the last time.
schnurrito@discuss.tchncs.de 9 hours ago
At the Vienna main railway station (Wien Hbf) there is or was an ATM, operated by Erste Bank, where you can choose to get 200 euro notes.
grranibal@lemmy.zip 9 hours ago
I’ve been seeing many people paying groceries with 100€ and 200€ notes lately