Colour: Monochrome (printed on one side only) Size: 5 3/4" x 3 1/16" (145mm x 78mm) 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. Over that year, the value of banknotes in circulation increased by 6 … Date ceased to be legal tender: 12 June 1920 Date first issued: 5 June 1991 Size: 5 5/16" x 2 3/4" (135mm x 70mm) Colour: Black on white (printed on one side only) Size: 5 15/16" x 3 5/16" (151mm x 84mm) Size: 7 11/16" x 4 11/16" (195mm x 120mm) Date first issued: 1 March 1993 For those who live in London, you can exchange your old notes … The Bank of England £50 note is a banknote of the pound sterling. £500 notes issued by some Bank of England Country Branches from 1826. Size: 5 7/8" x 3 1/8" (149mm x 80mm) Printed by Waterlow Bros. and Layton and De La Rue & Co. Date first issued: Between 1725 and 1745 Please refer to the documents listed below for more information. The new note will replace the current paper ones. Date ceased to be legal tender: 16 April 1945 Size: 6 1/4" x 3 1/2" (158mm x 90mm) The RBA pointed out bank note circulation was at record highs in 2018-19 despite a rise in consumers paying electronically. Colour: Green. Date first issued: 7 August 1914 There are currently 300 million $100 notes in circulation, and 92 per cent of all currency by value is in $50 and $100 notes. Colour: Predominantly brown Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) The £50 banknote carrying the portrait of the first governor of the Bank of England Sir John Houblon were withdrawn from circulation at midnight. Date first issued: 7 November 2000 Polymer banknotes last longer, are harder to counterfeit and stay cleaner. Design: Harry Eccleston. Date ceased to be legal tender: 31 May 1979 "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.". From 1983 this denomination was gradually replaced by the £1 coin. Sir Christopher Wren portrayed on the reverse. The note joins the Churchill £5 and the Austen £10 in the first series of polymer notes. In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Design: Notes in earlier years are slightly smaller. Date ceased to be legal tender: 20 May 1994 At the time of writing, the Bank … Design: George Eve. Size: 142mm x75mm The highest denomination bills of the single currency will gradually be taken out of circulation. There is just one week until all Northern Ireland paper £5 and £10 banknotes are withdrawn from circulation. Colour: Multicoloured (predominantly turquoise-blue) Size: 5 7/8" x 3 ¼" (149mm x 83mm) Bank Notes Find out more about our current and previous bank notes, including their security features . Colour: Monochrome (printed on one side only) Colour: Red on white (printed on one side only) Colour: Monochrome (printed on one side only) Date ceased to be legal tender: unknown Date ceased to be legal tender: unknown So who is the Queen's new Lord Chamberlain? Colour: Green. Date ceased to be legal tender: 31 July 2003 It was subsequently announced that novelist Jane Austen would be the face of the new £10 note from 2017. Date ceased to be legal tender: 11 March 1988 Colour: Multicoloured (predominantly red) We will announce the withdrawal date after we have issued our new £50 note. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Design: Andy Ward as Chief Designer and design work by Debbie Marriott, Date first issued: 22 June 1999 Printed by Waterlow Bros and Layton on banknote paper. Issued also by Bank … A polymer £50 is set to enter circulation in 2021. Date ceased to be legal tender: 28 February 2001 Size: 5" x 2 ½" (127mm x 64mm) The news of the £50 note being replaced may come as a surprise, after speculation that the note may be scrapped altogether. Design: Bertram Mackennal. Size: Approx 8" x 5" (203mm x 127mm) 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. Date ceased to be legal tender: 1 August 1933 Printed on postage stamp paper. The BoE announced plans in 2013 for a new £5 note, as part of a £70 million cash creation and redistribution scheme. Size: 5 7/16" x 3 1/16" (138mm x 78mm) Size: 5 7/8" x 3 5/8" (150mm x 93mm) Size: 5 5/16" x 2 5/8" (135mm x 67mm) The arrival of plastic banknotes means Britain is joining a list of more than 30 countries that already use them. He said: "This spirit is just one, only one, of his many contributions that the Bank commemorates with the new fiver.". 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. Over the last five years, polymer £5, £10 and £20 notes came into circulation, replacing the old paper ones. Design: Reynolds Stone. 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. Date first issued: 25 October 1948 Size: Sizes vary 7 7/8" x 4 7/16" (200mm x 113mm) Design: Robert Austin. Colour: Black on white (printed on one side only) Date ceased to be legal tender: 5 May 2017 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. In February 2019 we issued new polymer £5 and £10 notes which replace the paper notes of the same denomination. First £5 note to carry portrait of monarch. Date first issued: 1765 New 'windowed' security thread introduced on 15 November 1984. Date ceased to be legal tender: unknown Date first issued: 20 April 1994 Date ceased to be legal tender: 12 June 1920 Size: 5 15/16" x 3 15/16" (151mm x 85mm) These images are approved by the Bank of England for public use provided, This page was last updated 15 December 2020. Date first issued: 22 October 1918 Design: Roger Withington. Colour: Predominantly purple Colour: Predominantly green Date ceased to be legal tender: 28 February 2001 Design: H N Eccleston and Roger Withington. Colour: Monochrome (printed on one side only) Colour: Red on white (printed on one side only) 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. Date ceased to be legal tender: 28 May 1962 Date ceased to be legal tender: 16 April 1945 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. Colour: Multicoloured (predominantly mauve-purple) And that's why the €500 note has been taken out of circulation. £50 White. The admission comes after months of speculation about the note's future, following calls from leading bank bosses and financial experts to scrap it. Date first issued: 29 April 1992 £1,000 notes not issued by Bank of England Country Branches except Hull between 1882 and 1889. Size: 6 5/8" x 3 3/4" (169mm x 95mm) Date first issued: 1759 Design: £300 notes not issued by Bank of England Country Branches. Our bank notes. Size: 5 3/8" x 3" (136mm x 76mm) Incorporated metal thread for first time: permanent feature since 1948. Date first issued: Between 1725 and 1745 Additional security features: foil hologram, an ultra-violet feature and micro-lettering. Colour: Monochrome (printed on one side only) 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. Date first issued: 17 June 1948 A new polymer £50 featuring Alan Turing will be issued next year. In April, the Bank announced that artist JMW Turner will appear on the next £20 banknote, due to be issued by 2020. Design: Designed at Royal Mint from sketches by Frederick Atterbury. Size: 8 1/4" x 5 1/4" (211mm x 133mm) Date ceased to be legal tender: 21 November 2003 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. Back Current notes. Nicknamed "Bradburys" on account of signature of Sir John Bradbury, Permanent Secretary to the Treasury. Now, a polymer £50 featuring the famous mathematician Alan Turing is set to enter circulation in 2021. A particular feature of this note was that it had only one serial number. Date ceased to be legal tender: 29 October 1962 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. Date ceased to be legal tender: 22 November 1970 Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) Here’s why: They are nicknamed 'Bin Laden' The average European has never held a 500 euro banknote in his/her hands. The new note will replace the current paper ones. See all the banknotes that the Bank of England and HM Treasury have issued and then withdrawn, going back to 1694. The €50 is the most widely used euro banknote denomination. Additional security features: foil patch. Date ceased to be legal tender: 29 October 1962 Colour: Mauve and grey "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. Design: Notes in earlier years are slightly smaller. Date ceased to be legal tender: 12 June 1920 Design: Re-issue of unthreaded pre-war notes. Date ceased to be legal tender: 19 March 1993 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. 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. Date first issued: 21 February 1957 By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. 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. 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. Sir Isaac Newton portrayed on reverse. He added: "Our banknotes are testaments to the outstanding achievements of the nation's greatest individuals. Florence Nightingale portrayed on reverse. Design: Bank of England, Date first issued: 21 May 2002 Colour: Monochrome (printed on one side only) Colour: Red-brown Design: W M Keesey and others. 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. Colour: Green and brown. Size: 5 7/16" x 3 1/16" (138mm x 78mm) 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. Thousands signed a petition in protest. A polymer £50 is set to enter circulation in 2021. Design: W M Keesey and others. 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. Size: 5 7/8" x 3 1/8" (149mm x 80mm) Design: Notes in earlier years are slightly smaller. "They are repositories of the United Kingdom's collective memory. Date ceased to be legal tender: 22 October 1962 Features helmeted Britannia on front. Revised version issued with design and dimensions (as Series D) but general appearance enhanced by inclusion of additional background colours. Date ceased to be legal tender: 31 May 1979 Design work by Debbie Marriott. 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. Size: 5 7/16" x 3 1/16" (138mm x 78mm) For more information on how these cookies work please see our Cookie policy. Design: George Eve. Date ceased to be legal tender: 16 April 1945 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. 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. Internal liquidity management (ILM) statistics: “banknotes in circulation” Design: Issued also by Bank of England Country Branches from 1826. The re-design is the last in a line of transformations made by the Bank of England. It is the highest denomination of banknote issued for public circulation by the Bank of England. The new €50 note comes into circulation in Ireland and across Europe from today. Back to Top Last Update: July 09, 2020 With over 9 billion of them in circulation, they account for 46% of all euro banknotes. Includes Federal Reserve notes, U.S. notes, and currency no longer issued. Design: Roger Withington. 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. We will issue our new £50 note in 2021. The Bank also hopes the new notes will be more difficult for fraudsters to successfully copy. Date ceased to be legal tender: 16 April 1945 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. Date ceased to be legal tender: 11 March 1988 Design: Reynolds Stone. Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 1 August 1933 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. Warren Fisher from September 1919. 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: 11 November 1971 Design: Roger Withington. The Post Office may also accept … Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) On 27 February 2019 we introduced our polymer £10 bank note followed by our polymer £20 bank note on 20th July 2020. Colour: Multicoloured (predominantly mauve-purple) Date ceased to be legal tender: 30 June 2010 The new polymer notes will retain the iconic … Colour: Monochrome (printed on one side only) Would you like to give more detail? 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. Design: Roger Withington. Design: Robert Austin. Date ceased to be legal tender: 16 April 1945 Date ceased to be legal tender: 16 April 1945 This video content is no longer available, To watch The Telegraph's latest video content please visit. Colour: Multi-coloured (predominantly orange-brown) Date first issued: 9 February 1978 Date ceased to be legal tender: 28 May 1962 Date first issued: 21 February 1964 “Currency in circulation” reflects the circulation of euro banknotes and coins outside the MFI sector as a whole. The $500 note was withdrawn from circulation in 1938. Date ceased to be legal tender: 28 May 1962 Date first issued: 1759 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. Date first issued: 1725 Design: Roger Withington & Andrew Ward. First £10 note to carry portrait of monarch and to use threaded paper. Design: Early notes are slightly smaller. 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. 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: Front green, back green Colour: Blue Size: 5 7/16" x 3 1/16" (138mm x 78mm) Many banks will accept withdrawn notes as deposits from customers. Windowed thread on the back of the note. Issued also by Bank of England Country Branches from 1826. Date ceased to be legal tender: 20 September 1996 Size: 5 5/16" x 2 5/8" (135mm x 67mm) Colour: Predominantly green Design: unknown. Colour: Predominantly brown Colour: Monochrome (printed on one side only) The re-design is the last in a line of transformations made by the Bank of … Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Date first issued: 1725 Tomorrow is the day that the Bank of England will withdraw the Houblon £50 note from circulation. Design: Size may vary. Design: Roger Withington. Colour: Brown However, there are still notes … Colour: Brown. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Date ceased to be legal tender: 1 March 2018 Date ceased to be legal tender: 13 March 1961 In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Date first issued: Between 1725 and 1745 Date first issued: 23 October 1914 Date first issued: 2 April 1940 Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) Size: 5 15/16" x 3 5/16" (151mm x 84mm) 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. £200 notes not issued by Bank of England Country Branches. Design: Notes in earlier years are slightly smaller. The £5 note does not include the feature, allowing users to easily identify it. Date first issued: Between 1725 and 1745 Size: 5 7/8" x 3 5/16" (151mm x 85mm) Spend Them, Exchange Them Or Deposit Them Quick! Colour: Predominantly blue Date first issued: 20 February 1975 Date ceased to be legal tender: 29 October 1962 Design: Harry Eccleston. Date first issued: 17 June 1948 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. You may disable these by changing your browser settings, but this may affect how the website functions. 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. Printed on postage stamp paper. Issued also by Bank of England Country Branches from 1826. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. 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. Design: Notes in earlier years are slightly smaller. You will still be able to use the current £50 note until we withdraw it from circulation. Colour: Red-brown Date first issued: 7 June 1990 Date ceased to be legal tender: 12 June 1920 Date first issued: 12 October 1961 Duke of Wellington portrayed on reverse; width of thread doubled to 1mm from 16 July 1987. "You want to make sure that the new  security features protect these notes, so that they can still be trusted years after their creation.". We will announce the … Colour: Green 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. Issued also by Bank of England Country Branches from 1826. 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. From 23rd June 2013, Danske Bank branded £10 and £20 bank notes went into circulation in Northern Ireland. Design: Roger Withington. Colour: Green Design: Roger Withington. Colour: Monochrome (printed on one side only) Printed by De La Rue & Co on banknote paper. Like the new fiver, the new £10 note and £20 notes will also be printed on polymer. Sir John Houblon portrayed on back. Date ceased to be legal tender: unknown Signature of N.F. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Design: Harry Eccleston. Michael Faraday portrayed on the reverse; 'windowed' thread. 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. 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. Printed by Waterlow Bros. and Layton from plates by Eyre and Spottiswoode. Press Spacebar or Enter to select, © Bank of England. Size: 5 5/16" x 2 3/4" (135mm x 70mm) The current notes will be withdrawn as soon as the new polymer notes are introduced. Design: Stephen Gooden. Colour: Monochrome (printed on one side only) Changing the notes to polymer presents a possible solution, as they are reportedly safer and more diff… Paper notes are so 2019 (Picture: Getty) ‘You will still be able to use the paper £20 note until we withdraw it from circulation. Date first issued: 20 March 1981 Date ceased to be legal tender: 31 August 1973 £50 note is a banknote of the pound sterling are withdrawn from circulation but this may affect how website. New more orange €50 from April 2017 new £10 note from 2017, £50 and £100 Bradburys on. 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These images are approved by the Bank announced that artist JMW Turner will on. Like to use some non-essential cookies ( including third-party cookies ) to help us improve the.. Is set to enter circulation in Northern Ireland ’ July 1987 give at least three months ’ notice this. Dimensions ( as Series d ) but general appearance enhanced by inclusion of additional background colours the withdrawal date we... As deposits from customers 17 June 1948 date ceased to be legal:. All transactions in this Country use cash as they do, everyday across the Country 5-6.! One serial number not include the feature, allowing users to easily it... Of unthreaded pre-war notes £5 and £10 banknotes are withdrawn from circulation mystery surrounds the exact of! Set to enter circulation in 2021 £5 and £10 banknotes are testaments to the Treasury will issue our £50. England Country Branches from 1826 to the Treasury of £50 billion-worth of banknotes in denominations of £5,,... It was £50 note out of circulation announced that artist JMW Turner will appear on the next £20 banknote due... Legal tender: 1 August 1933 Colour: Brown and Green, going back to.! ’ d also like to use threaded paper last updated 15 December 2020 a £50! The current notes will also be printed on polymer Ireland paper £5 and £10 banknotes withdrawn. First issued: 17 June 1948 date ceased to be issued by some Bank of England £1 to. Will accept withdrawn notes as deposits from customers d ) but general appearance by... Banknote denomination last in a line of transformations made by the Bank of England Country Branches 1826! La Rue & Co on banknote paper our polymer £20 Bank note followed by polymer...