Bank of England £10 note

Source: Wikipedia, the free encyclopedia.

Ten
Queen Elizabeth II
Design date14 September 2017
Reverse
DesignJane Austen
Design date14 September 2017

The Bank of England £10 note, also known informally as a tenner, is a

Queen Elizabeth II on the obverse and the image of author Jane Austen on the reverse. The final cotton paper note featuring a portrait of naturalist Charles Darwin, first issued in 2000, was withdrawn from circulation on 1 March 2018.[1]

History

Ten pound notes were introduced by the

Restriction period between 1797 and 1821, when the French Revolutionary Wars and the Napoleonic Wars caused a bullion shortage, these notes could be exchanged in full, or in part, for an equivalent amount of gold when presented at the bank. If redeemed in part, the banknote would be signed to indicate the amount that had been redeemed. From 1853 printed notes replaced handwritten notes, with the declaration "I promise to pay the bearer on demand the sum of ten pounds" replacing the name of the payee. This declaration remains on Bank of England banknotes to this day. A printed signature of one of three cashiers appeared on the printed notes, though this was replaced by the signature of the Chief Cashier from 1870 onwards.[2]

A £10 note, issued from Manchester in 1919.

The ability to redeem banknotes for gold ceased in 1931 when Britain stopped using the gold standard.[2] The £10 note ceased to be produced by the Bank of England in 1943, and it was not until 1964 with the advent of the series C notes that the denomination was re-introduced. These brown notes were the first £10 notes to feature an image of the monarch on the front, and unlike the previous "White" notes they had a reverse; in this case featuring a lion. The C series was replaced by the D series beginning in 1975, with the new notes having a portrait of Florence Nightingale on the back. The tradition of portraying historical British figures on the reverse continued with the E series, first issued in 1992, with an image of Charles Dickens appearing. Series E notes are multicoloured, although they are predominantly orange-brown. From series E onward Bank of England £10 notes feature "windowed" metal thread; this thread appears as a dashed line, yet forms a single line when held up to the light.[3]

The revised Series E £10 note was introduced in 2000. It featured a portrait of Charles Darwin on the back as well as an illustration of HMS Beagle and images of various flora and fauna. The note featured a number of security features in addition to the metallic thread, including raised print, a watermark, microlettering, a hologram, and a number ten which only appears under ultraviolet light.[4] An F series £10 note was never issued.

Polymer note

In 2013, Mark Carney, Governor of the Bank of England, announced that a newly designed £10 banknote, in polymer, rather than cotton paper, and featuring early 19th-century novelist Jane Austen, would be issued.[5][6] The date of issue was subsequently confirmed as 14 September 2017.[7] The decision to replace Darwin with Austen followed a campaign to have a woman on the back of a Bank of England banknote when it was announced that the only woman to feature on the back of a note — prison reformer Elizabeth Fry on the £5 note — was to be replaced by Winston Churchill.[8][9]

Like the £5 note featuring Churchill, the new £10 note is made from polymer rather than cotton paper.[10][11] It depicts:

Winchester Cathedral, where Austen is buried, is depicted in gold foil on the front of the note and silver on the back.[13] The note with serial number AA01001817 was donated to Winchester Cathedral, marking the year of Austen's burial, 1817.[5][14]

Designs

Source: Bank of England[2][3]

Note First issued Last issued Ceased to be legal tender Colour Size Design Additional information
White 1759 1943 16 April 1945 Monochrome (printed on one side only) 211 × 133 mm (may vary)
Series C 21 February 1964 1975 31 May 1979 Brown 150 × 93 mm Front: Queen Elizabeth II; Back: Lion First £10 note to carry a portrait of the monarch and use threaded paper
Series D 20 February 1975 1992 20 May 1994 Predominantly brown 151 × 85 mm Front: Queen Elizabeth II; Back: Florence Nightingale Those issued from 16 July 1987 onward have a "windowed" security thread
Series E 29 April 1992 October 2000 31 July 2003 Multicoloured (predominantly orange-brown) 142mm x 75mm Front: Queen Elizabeth II; Back: Charles Dickens Those notes issued from November 1993 have an additional denomination symbol £10 on each side
Series E (variant) 7 November 2000 2016 1 March 2018 Multicoloured (predominantly orange-brown) 142 × 75 mm Front: Queen Elizabeth II; Back: Charles Darwin The correct wording in the band of text above the central oval where the Queen's watermark appears is "The Governor and Company of the Bank of England". A variety exists with the wording "The Governor and the Company of the Bank of England" (with an extra "the"). This is technically incorrect, however both types were made in high numbers.[15]
Series G (I) 14 September 2017 Predominantly orange 132 × 69 mm Front: Queen Elizabeth II; Back: Jane Austen
Series G (II) 5 June 2024[16] Predominantly orange 132 × 69 mm Front: King Charles III; Back: Jane Austen First King Charles III note

See also

References

  1. ^ Peachey, Kevin (1 March 2018). "Old Charles Darwin paper £10 notes out, new 10p coins in". BBC News. Retrieved 4 March 2018.
  2. ^ a b c "A brief history of banknotes". Bank of England. Retrieved 27 April 2016.
  3. ^ a b "Withdrawn banknotes reference guide" (PDF). Bank of England. Archived from the original (PDF) on 29 March 2017. Retrieved 27 April 2016.
  4. ^ "A history of the £10 note – which design is your favourite?". The Daily Telegraph. 14 September 2017. Retrieved 27 February 2020.
  5. ^ a b c d e f "Jane Austen Banknote". Bank of England. Retrieved 19 December 2016.
  6. ^ "New banknotes to be printed on polymer". Bank of England. Retrieved 27 April 2016.
  7. ^ "New £10 goes into circulation". The New £10 Note. Bank of England. Retrieved 3 September 2017.
  8. ^ Judah, Sam (24 June 2013). "Which woman should go on a banknote next?". BBC News. Retrieved 27 April 2016.
  9. Newsround. BBC
    . Retrieved 27 April 2016.
  10. ^ "Moving to Polymer Banknotes". Banknotes. Bank of England. 2016. Retrieved 30 January 2016.
  11. Press Association (14 August 2014). "New £5 notes to be made of plastic". Money. AOL
    . Retrieved 31 December 2014.
  12. ^ Morris, Steven (18 July 2017). "Jane Austen banknote unveiled – with strange choice of quotation". The Guardian. Retrieved 29 September 2017.
  13. ^ "The new £10 note unveiled" (Press release). Bank of England. 18 July 2017.
  14. ^ "How much is a banknote worth?". Bank of England. Retrieved 24 February 2020.
  15. ^ "The Ten Pound Note".
  16. ^ "King Charles banknotes to enter circulation in June". BBC News. 21 February 2024. Retrieved 21 February 2024.

External links