The withdrawal date for the current paper £10 note is in less than one week’s time on Thursday 1st March.
The paper ‘Series E’ note has been in circulation, in some form, for the past 26 years. So, I thought it would be interesting to take a look back at the history of the £10 note and our journey begins 259 years ago in 1759…
In a recent poll conducted on our Facebook page, 40% of you said that you still have paper £10 notes. Although you can still exchange them at the Bank of England after the cut-off date, I would suggest exchanging them before the withdrawal date.
Some retailers, banks and building societies may still accept these notes; however this is at their discretion. To save yourself any potential hassle, once you’ve added one to your collection, go and spend or swap your notes at the bank.
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2017 marks 200 years since the death of Jane Austen – one of the best-loved English novelists of all time. And to celebrate such an inspirational female figure, both The Royal Mint and the Bank of England have chosen to honour her on a brand new coin and banknote this year.
People power wins
Back in May 2013, a petition to ‘keep a woman on English banknotes’ gained momentum. Over 35,000 people signed the petition after it was announced that Winston Churchill would replace social reformer Elizabeth Fry as the face of the £5 note in 2016. At the time this meant that other than the Queen, there would be no women featuring on English banknotes.
However, it seems that people power has won as Jane Austen will soon become the new face of the polymer £10 note later on this year, replacing Charles Darwin.
It is thought that Jane Austen was already part of the Bank’s plans for the next new note as in a statement the Bank said it was “never the Bank’s intention” that none of the four characters on banknotes would be a woman.
The Bank of England have featured characters on their banknotes since 1970 to celebrate individuals that have shaped British thought, innovation, leadership, values and society.
Jane Austen will become the 17th historical figure to feature on a Bank of England note.
So not only will Jane Austen feature on the new £10 note, The Royal Mint also revealed earlier this month that she will also feature on the new 2017 £2 coin. Designed by Dominique Evans, the new £2 features a silhouette of Jane Austen with the dates 1817-2017.
The new £2 coin issued by The Royal Mint has been struck to mark the 200th anniversary of the death of Jane Austen, one of the best-loved English novelists.
This is the first time ever that someone has featured on a circulation coin and banknote at the same time – other than the reigning monarch.
A tiny portrait of Jane Austen also appears on four of the new polymer £5 notes as a microscopic engraving produced by Specialist micro-engraver Graham Short. The collector’s items are said to be worth over £20,000 each and two of the specially produced notes have already been found in South Wales and in the Scottish Borders.
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