New polymer £10 banknote enters circulation
Posted on in Business News, Cycles News, Creative News, Outdoor News
Retailers will begin to see the notes as they enter general circulation. The old paper £10 notes can still be used, but will gradually be withdrawn before the legal tender status is withdrawn in Spring 2018 - the exact date still to be announced.
Security features on the new £10 note include
- A see-through window featuring the Queen's portrait
- Winchester Cathedral shown in gold foil on the front of the note and silver on the back
- A quill at the side of the window which changes from purple to orange
- A hologram which contains the word ‘Ten' and changes to ‘Pounds' when the note is tilted
- A hologram of the coronation crown which appears 3D and multi-coloured when the note is tilted
- A book-shaped copper foil patch which contains the letter JA
- Micro-lettering beneath the Queen's portrait with tiny letters and numbers that are visible under a microscope
- The words ‘Bank of England' printed in raised ink along the top of the note
Further details about The New £10 note can be found on www.thenewten.co.uk
In Scotland, Royal Bank of Scotland have confirmed that the Scottish £10 polymer note will enter circulation on 4th October and Clydesdale Bank have confirmed that their new £10 note will enter circulation on 21st September. Bank of Scotland have yet to announce the date that their £10 bank note will enter circulation.
In addition to the new £10 note, the old £1 coins will cease to be legal tender in less than a month's time (15th October 2017). The new £1 coin entered circulation on 28th March 2017 and has a six-month co-circulation period, which means both coins can be accepted.
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