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New polymer 10 banknote enters circulation

Posted on in Business News, Cycles News, Creative News, Outdoor News

The new £10 note entered circulation on 14th September, featuring Jane Austen and printed on polymer like the new £5 note.

http://www.bankofengland.co.uk/banknotes/PublishingImages/new_ten/banner.jpgRetailers 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 The old paper £10 notes can still be used, but will gradually be withdrawn before the legal tender status is withdrawn in Spring 2018 - the exact date still to be announced.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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