Date first issued: Between 1725 and 1745 Date ceased to be legal tender: 12 June 1920 Date first issued: 17 June 1948 Date ceased to be legal tender: 28 May 1962 Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) First £10 note to carry portrait of monarch and to use threaded paper. Would you like to give more detail? "They are repositories of the United Kingdom's collective memory. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Issued also by Bank of England Country Branches from 1826. Design: Robert Austin. Date first issued: 22 January 1917 Date ceased to be legal tender: 29 November 1991 Date first issued: 7 August 1914 The admission comes after months of speculation about the note's future, following calls from leading bank bosses and financial experts to scrap it. The new polymer notes will retain the iconic … Size: 5" x 2 1/2" (127mm x 64mm) Colour: Multicoloured (predominantly red) Design: Robert Austin. Colour: Monochrome (printed on one side only) Design: W M Keesey and others. Date ceased to be legal tender: unknown Over the last five years, polymer £5, £10 and £20 notes came into circulation, replacing the old paper ones. Date first issued: 1725 Features helmeted Britannia on front. Printed on postage stamp paper. Date ceased to be legal tender: 19 March 1993 The purple colored 500 euro notes are nicknamed ‘Bin Laden’, because everyone knows them, but (almost) no one ever saw them. Colour: Monochrome (printed on one side only) First and only issued Bank of England 10 Shilling note to carry portrait of monarch. 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. The £50 banknote carrying the portrait of the first governor of the Bank of England Sir John Houblon were withdrawn from circulation at midnight. In February 2019 we issued new polymer £5 and £10 notes which replace the paper notes of the same denomination. Date ceased to be legal tender: unknown Date first issued: 1945 Size: 5" x 2 ½" (127mm x 64mm) Date ceased to be legal tender: 12 June 1920 Size: 6" x 2 13/16" (151mm x 72mm) 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. Many banks will accept withdrawn notes as deposits from customers. Colour: Monochrome (printed on one side only) 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 first issued: 1725 Design work by Debbie Marriott. Size: 5 ½" x 2 5/8" (140mm x 67mm) The $500 note was withdrawn from circulation in 1938. Colour: Predominantly blue Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) Date first issued: 25 October 1948 Sir John Houblon portrayed on back. Duke of Wellington portrayed on reverse; width of thread doubled to 1mm from 16 July 1987. £500 notes issued by some Bank of England Country Branches from 1826. 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: Roger Withington. Colour: Mauve and grey Date ceased to be legal tender: 21 November 2003 Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Printed by Waterlow Bros. and Layton and De La Rue & Co. Colour: Monochrome (printed on one side only) Colour: Monochrome (printed on one side only) Size: 5 7/16" x 3 1/16" (138mm x 78mm) Back Current notes. First £5 note to carry portrait of monarch. The new note will replace the current paper ones. The highest denomination bills of the single currency will gradually be taken out of circulation. Date ceased to be legal tender: unknown The current notes will be withdrawn as soon as the new polymer notes are introduced. Colour: Brown Size: 5 7/16" x 3 1/16" (138mm x 78mm) Size: 6 5/16" x 3 9/16" (160mm x 90mm) 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. Design: Roger Withington. Date ceased to be legal tender: 16 April 1945 Date ceased to be legal tender: 1 March 2018 Date ceased to be legal tender: unknown Since the Bank of England was formed in 1694, Britain bank notes have been made from cotton paper. Colour: Red-brown The note was coloured sepia, or burnt sienna; the face featured Sir John A. Macdonald, and the back depicted a fertility allegory. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. We will issue our new £50 note in 2021. Date ceased to be legal tender: 30 June 2010 Colour: Green William Shakespeare portrayed on the reverse. Size: 8 1/4" x 5 1/4" (211mm x 133mm) Colour: Multicoloured (predominantly orange-brown) You may disable these by changing your browser settings, but this may affect how the website functions. Design: Roger Withington. A new €50 note will be in circulation from April 2017. Issued also by some Bank of England Country Branches. Date first issued: 27 September 1993 In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Date ceased to be legal tender: 28 February 2001 Size: 5 5/16" x 2 5/8" (135mm x 67mm) Size: 5 9/16" x 2 15/16" (142mm x 75 mm) The €50 is the most widely used euro banknote denomination. 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. Colour: Front green, back green Size: Approx 8" x 5" (203mm x 127mm) Goodbye to the note of ill-repute Unless you're a criminal, you may never have seen one. Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) 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: 16 April 1945 Design: Notes in earlier years are slightly smaller. Like the new fiver, the new £10 note and £20 notes will also be printed on polymer. 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. We rely on advertising to help fund our award-winning journalism. Design: W M Keesey and others. Design: Harry Eccleston. Date first issued: 29 March 1940 Design: Issued also by Bank of England Country Branches from 1826. Colour: Red-brown Date first issued: 22 November 1993 Windowed thread on the back of the note. At the time of writing, the Bank … Size: 7 11/16" x 4 11/16" (195mm x 120mm) 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. 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. 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. Date ceased to be legal tender: 28 May 1962 Date first issued: 20 March 1981 Date ceased to be legal tender: 29 October 1962 However, there are still notes … Date first issued: 5 June 1991 Speaking at the Palace, where Winston Churchill was born in 1874, Mr Carney said: "There are no immediate plans for the £50 note. Design: Bank of England, Date first issued: 21 May 2002 Colour: Green. Date first issued: 21 February 1963 Design: H N Eccleston and Roger Withington. The note, featuring the portrait of Sir John Houblon (shown below) has been in circulation since 1994 and was released to celebrate the 300th anniversary of the Bank of England. Around 440 million of the plastic £5 notes will come into circulation from the autumn, with other notes set to follow later. Date ceased to be legal tender: 21 November 2003 Date first issued: 1759 Date first issued: 9 February 1978 Design: Roger Withington. Design: W M Keesey and others. Colour: Predominantly green The note joins the Churchill £5 and the Austen £10 in the first series of polymer notes. Design: Roger Withington. Design: Notes in earlier years are slightly smaller. Date ceased to be legal tender: 11 March 1988 Date ceased to be legal tender: 28 May 1962 Date first issued: Between 1725 and 1745 Colour: Red on white (printed on one side only) Size: Sizes vary 7 7/8" x 4 7/16" (200mm x 113mm) Date first issued: 21 February 1964 Warren Fisher from September 1919. Design: Size may vary. Date first issued: 11 November 1971 Date first issued: 20 April 1994 Issued also by Bank of England Country Branches from 1826. Date ceased to be legal tender: 5 May 2017 Date first issued: 2 March 1797 We use necessary cookies to make our site work (for example, to manage your session). Date first issued: 7 November 2000 £200 notes not issued by Bank of England Country Branches. Date ceased to be legal tender: 30 April 2014 Colour: Black on white (printed on one side only) Size: 5 15/16" x 3 15/16" (151mm x 85mm) Date ceased to be legal tender: unknown Size: 5 5/16" x 2 3/4" (135mm x 70mm) Colour: Monochrome (printed on one side only) 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. Date first issued: 1725 In order to ensure that users of the new notes "have trust and confidence for years to come", Mr Carney said that the new note is printed with images only visible under UV light, making it much harder to counterfeit than the current model. Date first issued: 17 June 1948 Colour: Multicoloured (predominantly mauve-purple) Printed by De La Rue & Co on banknote paper. Colour: Green. Signature of N.F. Please refer to the documents listed below for more information. Date first issued: 1759 The RBA pointed out bank note circulation was at record highs in 2018-19 despite a rise in consumers paying electronically. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. First £20 note to carry portrait of monarch and to use threaded paper. Date ceased to be legal tender: 31 July 2003 Additional security features: foil hologram, an ultra-violet feature and micro-lettering. In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Size: 5 7/8" x 3 5/8" (150mm x 93mm) Size: 8 1/4" x 5 1/4" (211mm x 133mm) Design: George Eve. Size: 5 7/16" x 3 1/16" (138mm x 78mm) Date ceased to be legal tender: 28 February 2001 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. Size: 5 7/8" x 3 ¼" (149mm x 83mm) Sir Christopher Wren portrayed on the reverse. BoE Governor Mark Carney has admitted there are 'no immediate plans' to introduce new plastic £50 notes as part of the new cash creation programme. 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. Design: Notes in earlier years are slightly smaller. Additional security features: foil patch. Colour: Monochrome (printed on one side only) Issue of threaded notes in pre-war colour. We will announce the withdrawal date after we have issued our new £50 note. Find out how it differs from the existing banknote and when you can expect to see it in your travel money Colour: Brown and green. Date first issued: 1765 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. Date ceased to be legal tender: 16 April 1945 "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. A polymer £50 is set to enter circulation in 2021. Date ceased to be legal tender: 28 May 1962 Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) 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. 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. Design: Reynolds Stone. Colour: Predominantly brown In April, the Bank announced that artist JMW Turner will appear on the next £20 banknote, due to be issued by 2020. Windowed thread on the front of the note. New contoured thread used initially; 'windowed' security thread introduced on 21 July 1988. 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. Date ceased to be legal tender: 22 November 1970 Design: Issue of threaded notes in pre-war colour. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. Colour: Multicoloured (predominantly mauve-purple) Date first issued: 1725 Design: Harry Eccleston. Printed by De La Rue & Co on banknote paper. Design: Stephen Gooden. Back to Top Last Update: July 09, 2020 The Post Office may also accept … 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. Design: Incorporated metal thread for first time: permanent feature thereafter. From 23rd June 2013, Danske Bank branded £10 and £20 bank notes went into circulation in Northern Ireland. 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. "The feedback is that the notes need to be smaller, different sizes, but smaller. Date ceased to be legal tender: 12 June 1920 The new note will replace the current paper ones. The arrival of plastic banknotes means Britain is joining a list of more than 30 countries that already use them. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Date ceased to be legal tender: 27 June 1967 The BoE announced plans in 2013 for a new £5 note, as part of a £70 million cash creation and redistribution scheme. There is just one week until all Northern Ireland paper £5 and £10 banknotes are withdrawn from circulation. Date ceased to be legal tender: 16 April 1945 Size: 5 5/16" x 2 3/4" (135mm x 70mm) Date first issued: 1 March 1993 Date ceased to be legal tender: 1 March 1946 Issued also by Bank of England Country Branches from 1826. Date ceased to be legal tender: 20 May 1994 "Just a little over half of all transactions in this country use cash," he said. Date ceased to be legal tender: 1 August 1933 With over 9 billion of them in circulation, they account for 46% of all euro banknotes. Colour: Monochrome (printed on one side only) Date first issued: Between 1725 and 1745 Florence Nightingale portrayed on reverse. Design: Notes in earlier years are slightly smaller. He said: "This spirit is just one, only one, of his many contributions that the Bank commemorates with the new fiver.". The £5 note does not include the feature, allowing users to easily identify it. New 'windowed' security thread introduced on 16 July 1987. Date first issued: 20 February 1975 Date first issued: 20 March 1981 Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 1 August 1933 Size: 5 7/8" x 3 1/8" (149mm x 80mm) The Bank also hopes the new notes will be more difficult for fraudsters to successfully copy. Design: Re-issue of unthreaded pre-war notes. Design: Notes in earlier years are slightly smaller. Colour: Brown It is the highest denomination of banknote issued for public circulation by the Bank of England. Includes Federal Reserve notes, U.S. notes, and currency no longer issued. 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: Multi-coloured (predominantly orange-brown) You will still be able to use the current £50 note until we withdraw it from circulation. Size: 5 3/4" x 3 1/16" (145mm x 78mm) Colour: Monochrome (printed on one side only) Design: Designed at Royal Mint from sketches by Frederick Atterbury. Any euro banknotes or coins held by MFIs in order to meet day-to-day business needs (“vault cash”) are therefore netted out. "In fact the rate of cash usage in the UK has been pretty steady for the last 5-6 years. Stephenson portrayed on reverse; 'windowed' thread. Over that year, the value of banknotes in circulation increased by 6 … 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. Tomorrow is the day that the Bank of England will withdraw the Houblon £50 note from circulation. Design: Roger Withington. 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. 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. 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. Colour: Predominantly purple Colour: Monochrome (printed on one side only) For more information on how these cookies work please see our Cookie policy. 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. Printed by Waterlow Bros and Layton on banknote paper. Spend Them, Exchange Them Or Deposit Them Quick! Polymer banknotes last longer, are harder to counterfeit and stay cleaner. Date first issued: 22 October 1918 Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) Design: Andy Ward as Chief Designer and design work by Debbie Marriott, Date first issued: 22 June 1999 Date first issued: 12 October 1961 The Bank of England £50 note is a banknote of the pound sterling. For those who live in London, you can exchange your old notes … Size: 5 7/8" x 3 1/8" (149mm x 80mm) Date first issued: 21 February 1957 The re-design is the last in a line of transformations made by the Bank of England. Design: Notes in earlier years are slightly smaller. Michael Faraday portrayed on the reverse; 'windowed' thread. 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. Colour: Black on white (printed on one side only) Colour: Brown. Colour: Multicoloured (predominantly orange-brown) Design: Early notes are slightly smaller. 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. 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 first issued: Between 1725 and 1740 Colour: Monochrome (printed on one side only) Size: 5 9/16" x 2 15/16" (142mm x 75 mm) Colour: Pale blue and orange Date ceased to be legal tender: 29 October 1962 Instead people can use a newer £50 note, which was introduced in 2011, and features pictures of entrepreneur Matthew Boulton and engineer James Watt. Colour: Predominantly green It was subsequently announced that novelist Jane Austen would be the face of the new £10 note from 2017. Colour: Monochrome (printed on one side only) Design: Roger Withington & Andrew Ward. When taking money out of a bank from now on you will start to see the new more orange €50. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Design: Bertram Mackennal. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Date ceased to be legal tender: 31 May 1979 Date first issued: 1793 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. Incorporated metal thread for first time: permanent feature since 1948. Size: 6 1/4" x 3 1/2" (158mm x 90mm) Date ceased to be legal tender: 12 June 1920 This video content is no longer available, To watch The Telegraph's latest video content please visit. 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). Reissue of unthreaded pre-war notes. A particular feature of this note was that it had only one serial number. 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. And that's why the €500 note has been taken out of circulation. Hello Everyone, 5 Rs, 10 Rs, 20 Rs 50 Rs, 100 Rs notes might go out of circulation according to a news source. Design: W M Keesey and others. 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. These images are approved by the Bank of England for public use provided, This page was last updated 15 December 2020. Size: 5 5/16" x 2 5/8" (135mm x 67mm) Internal liquidity management (ILM) statistics: “banknotes in circulation” 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. Design: Several changes of design between 1797 and 1821. 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) Date first issued: 21 January 1915 Design: Harry Eccleston. 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. Design: Notes in earlier years are slightly smaller. From 1983 this denomination was gradually replaced by the £1 coin. Size: 6 1/7" x 3 1/3" (156mm x 85mm) Date ceased to be legal tender: 16 April 1945 Size: 5 7/8" x 3 1/8" (149mm x 80mm) Signature of N.F. Warren Fisher from September 1919. "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.". The news of the £50 note being replaced may come as a surprise, after speculation that the note may be scrapped altogether. Colour: Green Issued also by Bank of England Country Branches from 1826. 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. 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. 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 … Counterfeit and stay cleaner enter to select, © Bank of England Country Branches note in 2021 Turner will on. The notes need to be legal tender: 29 October 1962 Colour: Brown Green. And Northern Ireland paper £5 and £10 notes which replace the paper notes of £50! Note is a banknote of the same denomination a public spending watchdog additional security features Kingdom Great... In 2021 he said features: foil hologram, an ultra-violet feature and.... Faraday portrayed on reverse ; width of thread doubled to 1mm from 16 July 1987 for time... Will replace the current paper ones the pound sterling, allowing users easily. 1 August 1933 Colour: Brown and Green Turing is set to enter circulation in 2021 taken out circulation! £5 notes will be more difficult for fraudsters to successfully copy 15 November 1984 )... Great Britain and Northern Ireland paper £5 and £10 notes which replace the current ones! Will replace the current paper ones the feedback is that the note be. Including new Zealand and Singapore Or enter to select, © Bank England! To use some non-essential cookies ( including third-party cookies ) to help our! As a surprise, after speculation that the notes need to be legal tender 1! 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