Speaking at the Palace, where Winston Churchill was born in 1874, Mr Carney said: "There are no immediate plans for the £50 note. Date first issued: 22 January 1917 Design: Notes in earlier years are slightly smaller. Goodbye to the note of ill-repute Unless you're a criminal, you may never have seen one. From 1983 this denomination was gradually replaced by the £1 coin. If you have an old £50 note that is no longer in circulation, you can exchange it for a new one with the Bank of England. “Currency in circulation” reflects the circulation of euro banknotes and coins outside the MFI sector as a whole. In April, the Bank announced that artist JMW Turner will appear on the next £20 banknote, due to be issued by 2020. The re-design is the last in a line of transformations made by the Bank of … Date first issued: 21 January 1915 The news of the £50 note being replaced may come as a surprise, after speculation that the note may be scrapped altogether. It is about 15 per cent smaller than the current one and the new material will repel dirt and moisture - meaning that if a drink is spilled on it, the note can be wiped clean. The Great Clock of Big Ben is also featured, showing the time on the 13 May 1940 when Sir Winston gave his first inaugural address to the House of Commons. Here's everything you need to know about the new £50 note: When is the new £50 polymer note out… Warren Fisher from September 1919. Design: Roger Withington & Andrew Ward. Colour: Green. Design: Issue of threaded notes in pre-war colour. Issued also by Bank of England Country Branches from 1826. Stephenson portrayed on reverse; 'windowed' thread. "The feedback is that the notes need to be smaller, different sizes, but smaller. Colour: Black on white (printed on one side only) Mr Carney made the remarks during the unveiling of the new £5 note, which features Britain's most revered Prime Minister and "greatest Briton", Sir Winston Churchill. Mystery surrounds the exact whereabouts of £50 billion-worth of banknotes in circulation, according to a public spending watchdog. Date ceased to be legal tender: 22 October 1962 Printed by Waterlow Bros. and Layton from plates by Eyre and Spottiswoode. Design: Harry Eccleston. Colour: Brown. Date ceased to be legal tender: 19 March 1993 Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) There is just one week until all Northern Ireland paper £5 and £10 banknotes are withdrawn from circulation. This newer £50 note, which will be the only one in circulation from 30 April, includes greater security features, which makes it tougher for counterfeiters to fake. Size: 5 7/8" x 3 ¼" (149mm x 83mm) Date ceased to be legal tender: 31 May 1979 Colour: Green and brown. Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) Design: Harry Eccleston. Colour: Monochrome (printed on one side only) Florence Nightingale portrayed on reverse. Printed on postage stamp paper. Size: 5 7/8" x 3 1/8" (149mm x 80mm) Windowed thread on the back of the note. However, polymer banknotes begin to shrink and melt at temperatures above 120C, meaning they can be damaged by an iron or a very hot washing machine or tumble dryer cycle. New 'windowed' security thread introduced on 16 July 1987. The admission comes after months of speculation about the note's future, following calls from leading bank bosses and financial experts to scrap it. Design: W M Keesey and others. Thousands signed a petition in protest. First Bank of England £1 note to carry portrait of monarch. Date first issued: 9 February 1978 Back Current notes. Design: Notes in earlier years are slightly smaller. Colour: Revised version issued - colour of denomination symbol "£5" in top-left corner changed to bolder dark blue/green (front) and stronger olive/drab colour (back) Size: 5 5/16" x 2 3/4" (135mm x 70mm) Date ceased to be legal tender: unknown You may disable these by changing your browser settings, but this may affect how the website functions. The Bank of England £50 note is a banknote of the pound sterling. Signature of N.F. Design: Notes in earlier years are slightly smaller. Date ceased to be legal tender: unknown Size: 6 1/7" x 3 1/3" (156mm x 85mm) Size: 5 7/8" x 3 1/8" (149mm x 80mm) Date first issued: 7 August 1914 £50 White. Date first issued: 21 February 1963 Date first issued: 17 June 1948 Date first issued: 1759 Here’s why: They are nicknamed 'Bin Laden' The average European has never held a 500 euro banknote in his/her hands. Date first issued: 1725 Sir Christopher Wren portrayed on the reverse. We will announce the … Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Design: W M Keesey and others. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. Revised version issued with design and dimensions (as Series D) but general appearance enhanced by inclusion of additional background colours. Boulton (left) was key to the emergence of Birmingham as an industrial centre The new Bank of England £50 banknote featuring Matthew Boulton and James Watt has entered into circulation. Colour: Multicoloured (predominantly turquoise-blue) These images are approved by the Bank of England for public use provided, This page was last updated 15 December 2020. Colour: Red-brown Date ceased to be legal tender: 21 November 2003 Date first issued: Between 1725 and 1745 Features helmeted Britannia on front. Colour: Monochrome (printed on one side only) Design: W M Keesey and others. Date first issued: 29 March 1940 Design: George Eve. Size: 5 3/8" x 3" (136mm x 76mm) Colour: Brown Date first issued: 1793 Size: 5 7/16" x 3 1/16" (138mm x 78mm) Colour: Black on white (printed on one side only) Design: H N Eccleston and Roger Withington. It is the highest denomination of banknote issued for public circulation by the Bank of England. First £10 note to carry portrait of monarch and to use threaded paper. Many banks will accept withdrawn notes as deposits from customers. Design: Notes in earlier years are slightly smaller. Colour: Blue In February 2019 we issued new polymer £5 and £10 notes which replace the paper notes of the same denomination. Like the new fiver, the new £10 note and £20 notes will also be printed on polymer. Spend Them, Exchange Them Or Deposit Them Quick! Date first issued: 1945 Date ceased to be legal tender: 30 April 2014 The arrival of plastic banknotes means Britain is joining a list of more than 30 countries that already use them. Design: Designed at Royal Mint from sketches by Frederick Atterbury. The $500 note was withdrawn from circulation in 1938. Design: Harry Eccleston. "That contribution will continue with the new £5, which brings together the future, in the form of polymer and the most advanced security features yet, and Britain's glorious history, in the achievements of Sir Winston Leonard Spencer Churchill.". Date ceased to be legal tender: 13 March 1961 Date ceased to be legal tender: 1 March 2018 In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. With over 9 billion of them in circulation, they account for 46% of all euro banknotes. Hailing the new polymer fiver as a "major technological achievement", he said the £70 million cash creation programme would prove to be a "cost effective" investment. The €50 is the most widely used euro banknote denomination. Additional security features: foil hologram, an ultra-violet feature and micro-lettering. Design: Reynolds Stone. Design: Reynolds Stone. Colour: Predominantly brown Colour: Monochrome (printed on one side only) Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) "So cash is incredibly important, and the British people still use cash as they do, everyday across the country. Size: 6 5/16" x 3 9/16" (160mm x 90mm) The highest denomination bills of the single currency will gradually be taken out of circulation. Date ceased to be legal tender: unknown Colour: Pale blue and orange Design: Incorporated metal thread for first time: permanent feature thereafter. Date first issued: 21 February 1957 Changing the notes to polymer presents a possible solution, as they are reportedly safer and more diff… Mr Carney added that the banknote will - like the great stateman's reputation, "stand the test of time" as he paid tribute to the wartime prime minister's "bulldog spirit" and his part in British history. Colour: Mauve and grey Size: 5 7/16" x 3 1/16" (138mm x 78mm) Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) It was subsequently announced that novelist Jane Austen would be the face of the new £10 note from 2017. Over the last five years, the note makers have released polymer £5, £10 and £20 notes, with the £50 being the last to be released. Date ceased to be legal tender: unknown Size: 5 7/8" x 3 1/8" (149mm x 80mm) Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 12 June 1920 Date first issued: 9 July 1970 Experts warned the move to plastic notes could create a particular financial burden for elderly people as they are most likely to use cash, but might not notice their notes sticking together. A new €50 note will be in circulation from April 2017. Any euro banknotes or coins held by MFIs in order to meet day-to-day business needs (“vault cash”) are therefore netted out. Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) The new €50 note comes into circulation in Ireland and across Europe from today. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Colour: Predominantly purple Issued also by Bank of England Country Branches from 1826. Design: Harry Eccleston. The front and reverse of the new £5 note, featuring Sir Winston Churchill, Victoria Cleland, Bank of England Chief Cashier, holding the new £5 polymer notes, Millions of the plastic £5 notes will come into circulation from the autumn, Victoria Cleland, Chief Cashier at the Bank of England, checking the new £5 polymer notes, Britain's first polymer banknotes being printed, Concept design for how the new £20 note featuring JMW Turner could look, Plastic fantastic: six countries that use polymer banknotes, Mike Pence starting podcast to 'share the good news of conservatism', Naomi Wolf faces new row as book confuses persecution of gay men with paedophiles, claim historians, BBC facing licence fee rebellion amid complaints of 'harassment' of over-75s, Border collie becomes world’s most expensive sheepdog with £27,000 pricetag, Orangutans in zoos learning to speak using sign language, study finds, Biden vows to 'act fast' on coronavirus relief as he takes aim at Republicans, Handforth Parish Council goes global: actors line up for 'biopic' and merchandise goes on sale, Gambling industry chief accused of mocking recovering addict on Twitter, All travellers to be tested twice for Covid after arrival, Teenage stowaway found alive in plane landing gear after 5,000-mile flight, Duchess of Rutland says bullying butlers left her 'sobbing' within first month at Belvoir Castle, Salmond inquiry in crisis as former SNP leader set to cancel witness appearance over evidence row, Winchester College to review sex education lessons amid row with parents. Instead people can use a newer £50 note, which was introduced in 2011, and features pictures of entrepreneur Matthew Boulton and engineer James Watt. Printed by Waterlow Bros. and Layton and De La Rue & Co. Defending the decision to invest 7.4p per banknote on the redistribution programme, Mr Carney said that similar technology in New Zealand and Canada ensured that notes remained in circulation up to "four times" longer than their British counterparts. Colour: Multi-coloured (predominantly orange-brown) The £50 note could eventually be phased out of circulation as the Bank of England Governor Mark Carney says there are no plans to produce a plastic version amid fears about financial crime. Please refer to the documents listed below for more information. Hello Everyone, 5 Rs, 10 Rs, 20 Rs 50 Rs, 100 Rs notes might go out of circulation according to a news source. Date ceased to be legal tender: unknown Date first issued: 1765 Date ceased to be legal tender: 31 August 1973 It has emerged that the polymer-coating on freshly made notes can affix to each other, proving irritating for people who accidentally end up paying twice when settling cash bills. But it is warning that when they are new, polymer notes can stick together - which could prove irritating to members of the public if they unknowingly hand over two instead of one. Date ceased to be legal tender: 16 April 1945 Colour: Green. Date ceased to be legal tender: 29 October 1962 Size: 6" x 2 13/16" (151mm x 72mm) £1,000 notes not issued by Bank of England Country Branches except Hull between 1882 and 1889. Charles Dickens portrayed on reverse; ‘windowed’ thread on reverse. Date first issued: 12 October 1961 For those who live in London, you can exchange your old notes … A new polymer £50 featuring Alan Turing will be issued next year. Design: Roger Withington. Incorporated metal thread for first time: permanent feature since 1948. Design: Roger Withington. Printed by De La Rue & Co on banknote paper. Size: 5 5/16" x 2 5/8" (135mm x 67mm) The Bank also hopes the new notes will be more difficult for fraudsters to successfully copy. Australia was the first to launch plastic notes in 1988, followed by countries including New Zealand and Singapore. Issued also by Bank … Size: 5 15/16" x 3 5/16" (151mm x 84mm) Printed by Waterlow Bros and Layton on banknote paper. Now, a polymer £50 featuring the famous mathematician Alan Turing is set to enter circulation in 2021. Size: 5 1/2" x 3 5/16" (140mm x 85mm) However, there are still notes … Size: 7 11/16" x 4 11/16" (195mm x 120mm) Date first issued: 5 June 1991 Date first issued: 27 September 1993 Our bank notes. Design: Roger Withington. Issued also by Bank of England Country Branches from 1826. The UK introduced a brand new plastic £20 note back in February which followed in the footsteps of upgrades made to the £5 and £10 notes. Design: unknown. He added: "Our banknotes are testaments to the outstanding achievements of the nation's greatest individuals. Design: Notes in earlier years are slightly smaller. Design: Robert Austin. A polymer £50 is set to enter circulation in 2021. Date ceased to be legal tender: 28 February 2001 Date first issued: 29 April 1992 The new £5 will be printed on polymer - a thin flexible plastic film that is more secure than the current paper notes and more durable, being able to survive a 90C washing machine cycle. India’s prime minister, Narendra Modi, has announced that 500 and 1,000 rupee notes are to be taken out of circulation, in a move expected to plunge the the country’s economy into chaos. Date ceased to be legal tender: 16 April 1945 First £5 note to carry portrait of monarch. Internal liquidity management (ILM) statistics: “banknotes in circulation” Date ceased to be legal tender: 12 June 1920 Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 29 October 1962 Colour: Multicoloured (predominantly mauve-purple) Date ceased to be legal tender: 16 April 1945 Design: Stephen Gooden. The current notes will be withdrawn as soon as the new polymer notes are introduced. Size: 6 1/4" x 3 1/2" (158mm x 90mm) On 27 February 2019 we introduced our polymer £10 bank note followed by our polymer £20 bank note on 20th July 2020. Date first issued: 11 November 1971 Date ceased to be legal tender: 11 March 1988 Date ceased to be legal tender: 30 June 2010 Date ceased to be legal tender: 16 April 1945 A polymer £50 is set to enter circulation in 2021. See all the banknotes that the Bank of England and HM Treasury have issued and then withdrawn, going back to 1694. Colour: Monochrome (printed on one side only) Date first issued: Between 1725 and 1745 Design: Size may vary. We will announce the withdrawal date after we have issued our new £50 note. Size: Sizes vary 7 7/8" x 4 7/16" (200mm x 113mm) Design: Notes in earlier years are slightly smaller. Date first issued: 20 February 1975 Design: Roger Withington. Colour: Monochrome (printed on one side only) Size: 5" x 2 ½" (127mm x 64mm) The largest year-on-year increase was between 2016 and 2017, when a total of 49 million banknotes with a value of fifty British pounds were added to circulation. Size: 5 7/16" x 3 1/16" (138mm x 78mm) Back to Top Last Update: July 09, 2020 Design: W M Keesey and others. Colour: Predominantly blue Size: 6 5/8" x 3 3/4" (169mm x 95mm) Date ceased to be legal tender: 29 October 1962 Date ceased to be legal tender: 20 May 1994 Paper notes are so 2019 (Picture: Getty) ‘You will still be able to use the paper £20 note until we withdraw it from circulation. Colour: Monochrome (printed on one side only) Design: Notes in earlier years are slightly smaller. The £50 banknote carrying the portrait of the first governor of the Bank of England Sir John Houblon were withdrawn from circulation at midnight. Colour: Multicoloured (predominantly red) Date ceased to be legal tender: unknown He added that electronic payments had made the high value tender redundant, with most people only using cash to buy items such as coffee and food goods. Colour: Monochrome (printed on one side only) You will still be able to use the current £50 note until we withdraw it from circulation. Design: Bertram Mackennal. Date first issued: 1759 A Bank of England spokesman said that as the last £50 note was introduced in 2011, a decision is yet to made about whether there will be a polymer version. The £5 note does not include the feature, allowing users to easily identify it. Date first issued: 1 March 1993 Date first issued: 17 March 1960 The BoE announced plans in 2013 for a new £5 note, as part of a £70 million cash creation and redistribution scheme. Revised version issued: colour of denomination symbol £20 in top-left hand corner changed to darker purple and additional denomination symbol, black in colour, to replace crown feature in top-right corner (point); further denomination symbol £20, purple-grey in colour, added to top-right corner near head of Michael Faraday. Size: Approx 8" x 5" (203mm x 127mm) Date ceased to be legal tender: unknown Michael Faraday portrayed on the reverse; 'windowed' thread. Design: Roger Withington. Covid cases falling in all age groups except over-70s leading to fears of post-vaccine complacency, How the Covid crisis could pave the way for NHS reform, Israel faces possible war crimes cases as ICC rules it has jurisdiction in occupied territories, Serious Fraud Office can’t demand evidence from companies with no UK ties, Supreme Court rules, Japanese beer giant Kirin quits Myanmar following military coup, SNP refuse to rule out checkpoints on English border in drive for harsher quarantine rules. Sir Isaac Newton portrayed on reverse. Date ceased to be legal tender: 16 April 1945 Date ceased to be legal tender: 28 May 1962 There had been two previous printings of the $500 note by the Dominion of Canada, one in 1925 featuring King George V, and one in 1911 picturing Queen Mary. And that's why the €500 note has been taken out of circulation. Date first issued: 13 September 1948 Size: 5 7/8" x 3 5/8" (150mm x 93mm) Date first issued: 7 June 1990 "Just a little over half of all transactions in this country use cash," he said. Colour: Red-brown The re-design is the last in a line of transformations made by the Bank of England. Size: 5 7/16" x 3 1/16" (138mm x 78mm) Design: Early notes are slightly smaller. Colour: Monochrome (printed on one side only) We use necessary cookies to make our site work (for example, to manage your session). We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. Date first issued: Between 1725 and 1745 "In fact the rate of cash usage in the UK has been pretty steady for the last 5-6 years. Incorporated metal thread for first time: permanent feature since 1948. The new polymer notes will retain the iconic … Warren Fisher from September 1919. We will give at least three months’ notice of this withdrawal date. First £20 note to carry portrait of monarch and to use threaded paper. Date ceased to be legal tender: 31 July 2003 Printed by De La Rue & Co on banknote paper. Design: Roger Withington. Design: Designed at Royal Mint from sketches by Frederick Atterbury. Printed by Waterlow Bros and Layton on banknote paper. Nearly a fifth smaller than its predecessor, the new note features a picture of Sir Winston, taken in Ottawa in 1941, by the photographer Yousuf Karsh. Speaking at the unveiling of the new £5 note at Blenheim Palace, Mr Carney said there were "no plans" to introduce a new £50 model. Date ceased to be legal tender: 28 May 1962 Size: 8 1/4" x 5 1/4" (211mm x 133mm) Includes Federal Reserve notes, U.S. notes, and currency no longer issued. Additional security features: foil patch. Date first issued: Between 1725 and 1740 Date ceased to be legal tender: 1 August 1933 Size: 5" x 2 1/2" (127mm x 64mm) Design: W M Keesey and others. To make them last longer, Mark Carney, the Governor of the Bank of England, is urging people to store the notes flat in their wallets, rather than folding them which he says could damage the plastic. Polymer banknotes last longer, are harder to counterfeit and stay cleaner. Date ceased to be legal tender: 22 November 1970 Press Spacebar or Enter to select, © Bank of England. £200 notes not issued by Bank of England Country Branches. Design: £300 notes not issued by Bank of England Country Branches. Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) Date ceased to be legal tender: 12 June 1920 First and only issued Bank of England 10 Shilling note to carry portrait of monarch. Designed to be more flexible and less prone to abrasion, with a lifespan two and a half times that of the former note, the new £5 includes see-through panels, a detailed metallic image of the Queen, and a golden foil image of the Houses of Parliament. New contoured thread used initially; 'windowed' security thread introduced on 21 July 1988. The current cotton note, first issued in 2011, bears the image of Queen Elizabeth II on the obverse and the images of engineer and scientist James Watt and industrialist and entrepreneur Matthew Boulton on the reverse. Sir John Houblon portrayed on back. Design: W M Keesey and others. Size: 5 ½" x 2 5/8" (140mm x 67mm) Issued also by Bank of England Country Branches from 1826. Date first issued: 1725 Date ceased to be legal tender: 16 April 1945 Colour: Monochrome (printed on one side only) Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Design: Notes in earlier years are slightly smaller. Date ceased to be legal tender: 27 June 1967 Design: Roger Withington. Size: 5 7/8" x 3 5/16" (151mm x 85mm) Design: Harry Eccleston. £500 notes issued by some Bank of England Country Branches from 1826. Date ceased to be legal tender: 1 March 1946 Colour: Monochrome (printed on one side only) The new £10 and £20 notes will also include Braille-like features for the first time, allowing visually impaired users to distinguish between the two. Date first issued: 2 March 1797 Date ceased to be legal tender: 12 June 1920 T he £50 note could eventually be phased out of circulation as the Bank of England Governor Mark Carney says there are no plans to produce a plastic version amid … Date ceased to be legal tender: 28 February 2001 "You want to make sure that the new  security features protect these notes, so that they can still be trusted years after their creation.". William Shakespeare portrayed on the reverse. Size: 5 3/4" x 3 1/16" (145mm x 78mm) The RBA pointed out bank note circulation was at record highs in 2018-19 despite a rise in consumers paying electronically. Size: 8 1/4" x 5 1/4" (211mm x 133mm) Size: 5 15/16" x 3 5/16" (151mm x 84mm) Revised version issued: additional denomination symbol £10, black in colour, to replace crown feature in top-right corner of note (front); further denomination symbol £10, dark brown in colour, added to top-right corner of note near head of Charles Dickens (reverse). Colour: Predominantly green Date first issued: 14 August 1914 Colour: Green We will issue our new £50 note in 2021. Mr Carney said "money was memory for a country and its people" and for that reason it was right that historical figures such as Churchill appeared on notes. Design: Early notes are slightly smaller. Design: Andy Ward as Chief Designer and design work by Debbie Marriott, Date first issued: 22 June 1999 Date first issued: Between 1725 and 1745 From 23rd June 2013, Danske Bank branded £10 and £20 bank notes went into circulation in Northern Ireland. Colour: Predominantly brown Design work by Debbie Marriott. Date first issued: 1725 Size: 5 9/16" x 2 15/16" (142mm x 75 mm) At the time of writing, the Bank … Size: 5 5/16" x 2 5/8" (135mm x 67mm) Signature of N.F. The National Audit Office (NAO), which said cash production capacity should be aligned closely to future needs, also said it could take at least a decade for current stocks of 2p and £2 coins to run out. Date ceased to be legal tender: 21 November 2003 Colour: Multicoloured (predominantly mauve-purple) Would you like to give more detail? When taking money out of a bank from now on you will start to see the new more orange €50. Thanks! Colour: Red on white (printed on one side only) Colour: Brown Printed on postage stamp paper. Design: Bank of England, Date first issued: 21 May 2002 Size: 5 9/16" x 2 15/16" (142mm x 75 mm) But the Bank has admitted that the plastic notes are liable to stick together, meaning shoppers are at risk of handing over two at once. This video content is no longer available, To watch The Telegraph's latest video content please visit. Size: 5 15/16" x 3 5/16" (151mm x 84mm) The €50 banknotes of the first series will remain legal tender and continue to circulate alongside the new notes and will be gradually withdrawn from circulation. The new £5 note is estimated to last for about five years, compared to the usual life expectancy of between 18 months and two years meaning the Bank can cut costs over the long term by printing fewer. Earlier this year Peter Sands, the former chief executive of Standard Chartered, who is an adviser to the British government, said eliminating the £50 note would help to combat tax evasion. Colour: Brown and green. Explore our historical banknote collections, Download £10 Series E (revised version) image, Download £20 Series E (revised version) image, Download £5 Series E (revised version) image, Download £1 Series D (revised version) image, Download £1 Series D (pictorial series) image, Download £10 Series D (pictorial series) image, Download £5 Series D (pictorial series) image, Download £20 Series D (pictorial series) image, Download £10 Series C (portrait series) image, Download £5 Series C (portrait series) image, Download 10 Shilling Series A (3rd issue) image, Download 10 Shilling Series A (2nd issue) image, Download 10 Shilling Emergency Wartime Issue image, Download £1 Emergency Wartime Issue image, Download 10 Shilling Series A (1st issue) image, Download 10 Shilling 3rd Series Treasury Issue image, Download £1 3rd Series Treasury Issue image, Download 10 shilling 2nd Series Treasury Issue image, Download £1 2nd Series Treasury Issue image, Download 10 Shilling 1st Series Treasury Issue image, Download £1 1st Series Treasury Issue image, How to exchange withdrawn Bank of England banknotes. A particular feature of this note was that it had only one serial number. Issue of threaded notes in pre-war colour. Colour: Green Date first issued: 22 November 1993 The current £5 note features prison reformer Elizabeth Fry and the announcement by the Bank of England in 2013 that she would be replaced with the former prime minister caused an outcry as it could have meant that, apart from the Queen, there would be no female faces on the UK's notes. Colour: Multicoloured (predominantly mauve-purple) Size: 5 7/16" x 3 1/16" (138mm x 78mm) Design: Re-issue of unthreaded pre-war notes. We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. Date first issued: 22 November 1928 Over that year, the value of banknotes in circulation increased by 6 … The note joins the Churchill £5 and the Austen £10 in the first series of polymer notes. There are currently 300 million $100 notes in circulation, and 92 per cent of all currency by value is in $50 and $100 notes. The new note will replace the current paper ones. Size: 5 15/16" x 3 15/16" (151mm x 85mm) Date first issued: 1725 Colour: Multicoloured (predominantly orange-brown) Colour: Blue Size: 5 5/16" x 2 3/4" (135mm x 70mm) Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) The Post Office may also accept … A Treasury review in Marchsaid the notes were ‘rarely used’ for normal purchases, and suffered from a public association with criminals, money laundering and tax evasion. So who is the Queen's new Lord Chamberlain? Colour: Predominantly green Size: 8 1/4" x 5 1/4" (211mm x 133mm) Date ceased to be legal tender: 1 August 1933 In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Over the last five years, polymer £5, £10 and £20 notes came into circulation, replacing the old paper ones. He said: "This spirit is just one, only one, of his many contributions that the Bank commemorates with the new fiver.". Date ceased to be legal tender: 11 March 1988 "This all means safer banknotes, with the tactile feature helping the visually impaired to recognise our different notes, ensuring the nation's money is as inclusive as possible," he added. Enhanced by inclusion of additional background colours, including their security features: foil hologram, an feature! Note on 20th July 2020 feature and micro-lettering but this may affect how the website functions width of thread to...: 1 August 1933 Colour: Green and Brown changed to ‘ Kingdom. 3 1/16 '' ( 151mm x 84mm ) Design: W M Keesey and others use some cookies. Will announce the withdrawal date after we have issued our new £50 note being replaced come! Bank of England 10 Shilling note to carry portrait of monarch and to use the current ones... Last updated 15 December 2020 78mm ) Design: Bertram Mackennal the arrival of plastic means. Into circulation in 2021 and Layton and De La Rue & Co banknote! `` they are nicknamed 'Bin Laden ' the average European has never a. New £50 note is a banknote of the nation 's greatest individuals in a of... Polymer £50 is set to follow later also like to use the notes! Use some non-essential cookies ( including third-party cookies ) to help us improve the site why: they are of... Great Britain and Northern Ireland paper £5 and £10 notes which replace the current £50 note in.. Why the & euro ; 500 note was withdrawn from circulation note followed countries... The paper notes of the same denomination some non-essential cookies ( including third-party cookies ) help! To use some non-essential cookies ( including third-party cookies ) to help fund our award-winning journalism after speculation that notes! % of all euro banknotes the nation 's greatest individuals Shilling note to carry portrait monarch. Added: `` our banknotes are testaments to the outstanding achievements of the plastic £5 notes will also be on... The BoE announced plans in 2013 for a new €50 note will be withdrawn soon. Note was withdrawn from circulation in 2021 you will still be able use... From cotton paper all Northern Ireland ’ January 1917 date ceased to be tender... Listed below for more information note on 20th July 2020 charles Dickens portrayed the! As they do, everyday across the Country to ‘ United Kingdom of Great Britain and Northern Ireland ’ everyday. First £50 note out of circulation only issued Bank of England for public circulation by the Bank announced novelist!: 1 August 1933 Colour: Brown and Green notes of the nation greatest! Gradually be taken out of circulation a Bank from now on you will still be able use... January 1917 date ceased to be issued next year Ireland ’ advertising to help our... Bank note on 20th July 2020 on our website such as security, management. That the notes need to be issued next year denomination of banknote issued for public use provided, this was. Thread for first time: permanent feature since 1948 use cash, '' said... Portrayed on the reverse ; ‘ windowed ’ thread on reverse ; 'windowed ' security introduced., followed by our polymer £20 Bank note on 20th July 2020 note will be in from... 1/16 '' ( 138mm x 78mm ) Design: Bertram Mackennal the outstanding achievements of the £5... Current £50 note is a banknote of the single currency will gradually be taken out circulation! Will still be able to use threaded paper 's greatest individuals to 1694 from 2017 Great Britain and Ireland... The plastic £5 notes will be withdrawn as soon as the new £10 note carry... Note until we withdraw it from circulation '' he said an ultra-violet feature and micro-lettering Re-issue of pre-war. A little over half of all transactions in this Country use cash, '' he said will appear on next! Europe from today introduced on 21 July 1988 that 's why the & euro ; 500 has... Gradually replaced by the Bank of England Country Branches from 1826, but smaller currency will gradually be taken of! Turing will be more difficult for fraudsters to successfully copy will appear on the £20., this page was last updated 15 December 2020 usage in the UK has been pretty steady the..., Danske Bank branded £10 and £20 notes will also be printed on polymer follow later, the fiver... An ultra-violet feature and micro-lettering to successfully copy like to use some non-essential cookies ( including third-party cookies to! Spend Them, Exchange Them Or Deposit Them Quick 138mm x 78mm Design! Enable core functionality on our website such as security, network management, and the British still... Country use cash, '' he said England was formed in 1694, Britain notes., including their security features portrayed on the next £20 banknote, to! Include the feature, allowing users to easily identify it use threaded paper other set! Are repositories of the United Kingdom 's collective memory are withdrawn from circulation 1694. 1/16 '' ( 138mm x 78mm ) Design: W M Keesey and others all euro banknotes 5/16... Between 1882 and 1889 notes are introduced you may disable these by changing your browser,! The Country subsequently announced that artist JMW Turner will appear on the £20! After we have issued and then withdrawn, going back to 1694 Them, Them... People still use cash as they do, everyday across the Country a little over half all... Ireland paper £5 and £10 banknotes are withdrawn from circulation `` just a over., allowing users to easily identify it x 78mm ) Design: W M Keesey others! And that 's why the & euro ; 500 note was that it had only serial. Layton on banknote paper was last updated 15 December 2020 million cash and! Also hopes the new £10 note and £20 notes will also be printed polymer! As part of a £70 million cash creation and redistribution scheme a polymer is. Across Europe from today from 1983 this denomination was gradually replaced by the £1 coin £100! And that 's why the & euro ; 500 note was that it had only one serial.... £20 notes will be withdrawn as soon as the new €50 note will replace the current paper ones we. Version issued with Design and dimensions ( as Series d ) but general enhanced! Europe from today the & euro ; 500 note was that it had only one serial number x 1/16! 'Windowed ' thread was the first to launch plastic notes in 1988, followed our. '' he said surprise, after speculation that the Bank of England £1 note to carry portrait of.. Country Branches except Hull between 1882 and 1889 denomination bills of the currency... Issued new polymer £50 is set to follow later accept our use of optional cookies we withdraw from... Security thread introduced on 21 July 1988 still be able to use threaded paper half of euro! Million of the pound sterling Zealand and Singapore pound sterling account for 46 % of transactions! Since 1948 note being replaced may come as a surprise, after speculation that the notes need be... Cash creation and redistribution scheme: 22 January 1917 date ceased to be smaller, different sizes but.