22 March 2012 One Comment by The Northern Standard

By Cianna McNally

A canny Clones shopkeeper has brought the old currency back to life ten years after it was replaced by the euro!
Tony Morgan who owns Liptons on Fermanagh Street is calling on people to dig out any Irish punts they may own as he is accepting them as a form of currency in his shop.
The Embrace the Punt campaign was the brainchild of Mr Morgan’s 21-year-old son Ciaran who read that the small Spanish town of Mugardos had improved tourism and generated business by reintroducing the peseta as a valid form of currency.
 Speaking to the Northern Standard, Mr Morgan who re-introduced the punt into his business on Monday, 12th March told how his venture was “working well.”
He also said that while Liptons was currently only accepting notes, they were hoping to be able to accept coins in the near future.
“It is believed that there is around IR£285 million out there, IR£90 million of which is coin and we would love to see some of it. €10,000 worth of punts are cashed in the Central Bank every day,” Mr Morgan added.
A meeting organised by Clones Chamber of Commerce will be held in the Lennard Arms Hotel, Clones, this evening, Thursday, 22nd March at 8pm to gauge interest in the re-introduction of the punt into Clones.
More details on the Embrace the Punt campaign can be obtained from the website

One Comment »

  • Steve L said:

    What a novel idea. Well done that man.