New Ten Pound Note
The new ten pound note has been unveiled by the Bank of England today (18th July 2017). Featuring a Jane Austen quote from Pride and Prejudice “I declare after all there is no enjoyment like reading!” Mr Carney spoke on the chosen quote, saying
“It captures much of her [Jane Austen’s] spirit, at least in my mind,” he said. “It draws out some of the essence of some of her social satire and her insight into people’s character. So it works on multiple levels.”.
On the front of the polymer £10 note (the side with raised print), there are two clusters of raised dots in the top left hand corner. This tactile feature helps blind and partially sighted people identify the value of the note.
Cleaner, safer, stronger
Polymer notes are cleaner, more secure and last longer than paper notes. They will provide enhanced counterfeit resilience, and increase the quality of notes in circulation.
Polymer notes are resistant to dirt and moisture so stay cleaner far longer than paper notes.
Polymer notes use enhanced security features to make them harder to counterfeit.
Though polymer notes are not indestructible, they can withstand more wear and tear than their paper counterparts and are expected to last at least 2.5 times longer.
18 July 2017
The new £10 note is unveiled at Winchester Cathedral.
14 Sept 2017
New £10 goes into circulation
The New Ten will become available. You may start to see it from this date.
Old £10 note goes out of circulation
Once the new £10 is issued, we will gradually be removing the old banknotes.
What do I need to do? Nothing.
The Bank of England will gradually start withdrawing paper £10 notes as they are banked by retailers and businesses. You can continue to use the paper £10 note, featuring Charles Darwin, until it is withdrawn from circulation in Spring 2018. Notice will be given at least 3 months prior to the withdrawal date. Genuine Bank of England notes that have been withdrawn from circulation retain their face value for all time and can be exchanged at the Bank of England.
The new £20 polymer banknote
Polymer £20 note
The polymer £20 note, featuring the artist J.M.W Turner, will be launched in 2020. We have not yet made plans to replace the £50 note featuring Boulton and Watt and we will announce the material for future £50 notes in due course.