New Baltimore restaurant prices its menu in euros
Sam has started a storm of controversy over at Midnight Sun with his post on the new Milan Restaurant in Little Italy pricing its food and drink in euros as well as dollars.
I'm not going to weigh in here except to say I wonder if you could follow the exchange rate and watch for when your meal would be cheaper or more expensive.
(Algerina Perna/Sun photographer)








Comments
I'd just get out my Nexus One, and check the exchange rate. I have a currency converter, so it'd be a piece of cake.
Yes, I am that cheap.
Hmm...I wonder if they'd take ISK?
Posted by: Lissa | January 15, 2010 11:14 AM
Don't pay in euros; they are charging a 1.50 exchange rate. Current spot rate is 1.4378.
Posted by: Mitch | January 15, 2010 11:23 AM
Wouldn't they have to reprint their menus daily, if not more frequently?
an scheib=Cleatus' auto painter name
Posted by: PCB Rob | January 15, 2010 11:49 AM
This is the most pretentious thing I have EVER heard.
Posted by: jules | January 15, 2010 12:18 PM
Lucky for me, I have 100 euros at home from my last trip overseas. Might have to go test the waters and see if I can stir this up a little more....
Posted by: I-SUPPORT-THE-DRAFT | January 15, 2010 12:21 PM
You have to hand it to them for their creativity in thinking of ways to make the place seem authentic, but the confusion created and complaints they will receive will probably make it not worth the trouble.
I do like when restaurants/bars think outside of the box though. It's so easy to open a place and just do what everybody else does, but it takes real moxy (sp?) to gamble and do something different people are not used to.
Posted by: Lee Biars | January 15, 2010 12:24 PM
showing prices in euros is not nearly as pretentious as describing something as "uber-swanky".
Posted by: PNP | January 15, 2010 12:25 PM
It doesn't matter what the current exchange rate is. What matters is what the exchange rate was when you exchanged your dollars for euros.
Unless, as Lissa pointed out, you can compare the real time exchange rate with the "exchange rate" on the menu. Then, when you find you have an advantage, you have to run out and exchange your dollars for euros and run back to the restaurant and order before they change the menu.
It's called "currency arbitrage."
Posted by: Phillip | January 15, 2010 1:15 PM
Sure, Lee, trying something different is cool, but they also have to expect people will play with it. After all, what they probably want is the buzz more than the reality (man, sounds like me in college).
I'm used to dual pricing overseas. It is common in tourist-oriented shops in Iceland to have pricing in ISK and Euros, ISK and US dollars or even all three. When you give them your credit card, you tell them which currency to use (if you run in to this, always charge in the local currency, you'll pay less in fees).
It'd be more difficult in a restaurant, and are they really going to be prepared to do foreign currency credit card charges?
Posted by: Lissa | January 15, 2010 1:57 PM
I don't know if they still do it or not, but when Grano opened in their original location they had their meals priced in both dollars and euros as well.
Posted by: Danielle | January 15, 2010 2:38 PM
I don't know if they still do it or not, but when Grano opened in their original location they had their meals priced in both dollars and euros as well.
Posted by: Danielle | January 15, 2010 2:44 PM
any publicity is good publicity....
Posted by: Matt | January 15, 2010 3:01 PM
any publicity is good publicity....
Posted by: Matt | January 15, 2010 3:06 PM
I'm guessing they don't still do it since no one has mentioned it, but I know when Grano first opened in their original location they too posted their prices in both dollars and euros.
Posted by: Danielle | January 15, 2010 3:09 PM
First, the signs at the hardware store were written in Spanish, and now the prices at the Italian restaurant are expressed in Euros.
What is this...Russia?
Well, I'm blaming MSNBC for this. Once again, they are taking away my country.
Posted by: Robert of Cross Keys | January 15, 2010 3:45 PM
Oh, RoCK ...
Posted by: Dahlink | January 15, 2010 6:02 PM
I think it was Gypsy Rose Lee who said, "You gotta' have a gimmick." The management probably couldn't care less if someone pays the check in Euros, rubles, grickles or pastulas. A whole clutch of restaurant-savvy folk are being reminded of Milan. Which is a lot more satisfying, from a PR point of view, than the phone call the poor publicist for Morton's had to make, explaining that the help wasn't locked out, they were simply laid off. Only suggestion for diners who actually do show up at Milan with Euros -- have some American greenbacks handy for the tip.
Posted by: Michael A. Gray | January 15, 2010 6:59 PM
"I'd just get out my Nexus One, and check the exchange rate. I have a currency converter, so it'd be a piece of cake.
Yes, I am that cheap.
Hmm...I wonder if they'd take ISK?
Posted by: Lissa"
---
Was this post just to tell us that you have a nexus one
Posted by: RAZR 4 lyfe | January 16, 2010 3:50 AM
Stick around RAZR 4 lyfe. When the question is asked (and every question is asked at least once, here) Who has [name the weird software]? Lissa will be the first suspect
Posted by: Eve | January 16, 2010 2:00 PM
if only she read the whole post. sheesh.
Posted by: unbelievaboh | January 16, 2010 3:14 PM
What's a nexus one? I think I was born to late. I like RoCK's idea. A few decades pre-Bolshevik Russia. Of course, I would have needed to be on the tsar's team.
Posted by: mdlrvrmuncher | January 16, 2010 3:15 PM
Icelandic currency? Didn't the Krona collapse? I would expect prices in Iceland now to be listed in euros, dollars and barter. That sweater will cost 35 euros, 50 dollars, or three fish and wheelbarrow full of bricks.
Posted by: Robert of Cross Keys | January 17, 2010 9:52 PM