Johnny 1989 Posted February 10, 2007 Report Share Posted February 10, 2007 I orignally posted this in the British Coin forum in error way back in November 2006. The Bank of England is releasing a brand new £20 in the UK that features Adam Smith, a Scottish economist, and has a whole host of new anti copying features. At the moment unfortunately images are a bit thin on the ground but here's what I've found so far: Mervyn King, Governor showing the reverse of the note http://streamstudio.world-television.com/C...get=en-default- Andrew Bailey, Chief Cashier showing the front of the note http://streamstudio.world-television.com/C...get=en-default- Close up of back of note from BBC News website: http://news.bbc.co.uk/nol/shared/spl/hi/po...25010/img/1.jpg What do people think of the new design? It's certainly a big change in the design, it looks quite good although I think it will look better in print rather than on the internet (as most do) be interesting to see what they do for the £10 & £5 notes and also whether or not they will eventually change the design of the £50 note which has been in use since 1994 Link to comment Share on other sites More sharing options...
San_Miguel98 Posted February 10, 2007 Report Share Posted February 10, 2007 interesting design direction. it's a lot more brown and less purple than the current notes. i'm not sure i like the plainish font they used in the lettering on the reverse. designwise, i don't think i like the caption for pin manufacturing either. the new front hologram looks to be a strip made up of four ovals, two of which look like the same side portrait of adams from the reverse. plain-looking, in my opinion. it's not as regal or ornate as brittania seated within a flourished crowned seal on the current note. i reeeally like that hologram. these...not so much. with the prevalence of brown and the geometric design...my initial first impression of the new note was that it reminds me a lot of the jordanian 50 dinars. so far, i'm hoping they look better in hand than they do on the internet! Link to comment Share on other sites More sharing options...
Johnny 1989 Posted February 11, 2007 Author Report Share Posted February 11, 2007 interesting design direction. it's a lot more brown and less purple than the current notes. i'm not sure i like the plainish font they used in the lettering on the reverse. designwise, i don't think i like the caption for pin manufacturing either. the new front hologram looks to be a strip made up of four ovals, two of which look like the same side portrait of adams from the reverse. plain-looking, in my opinion. it's not as regal or ornate as brittania seated within a flourished crowned seal on the current note. i reeeally like that hologram. these...not so much. with the prevalence of brown and the geometric design...my initial first impression of the new note was that it reminds me a lot of the jordanian 50 dinars. so far, i'm hoping they look better in hand than they do on the internet! I think they are supposed to be purple & mauve more than brown, I think it's just a bad resolution on the image. I agree the text looks plain but I like the fact they have acutally changed the design, the current £5, £10 & £20 notes were just an update of the previous set, infact they are known as Series E (Revision) on the Bank of England's own website. I think the holograms go: Adam Smith , Brittannia, Adam Smith, Brittannia, although it's very hard to tell, I couldn't see them dropping Brittania altogether. Anyway not long to go for them to come out now. Link to comment Share on other sites More sharing options...
ccg Posted February 16, 2007 Report Share Posted February 16, 2007 As an econ nut, I'm waiting! Link to comment Share on other sites More sharing options...
ccg Posted February 16, 2007 Report Share Posted February 16, 2007 BTW, how long will the current £20s remain as legal tender? I rather not start my trip (next year maybe?) by visiting the BoE to trade my notes for new ones. Link to comment Share on other sites More sharing options...
Johnny 1989 Posted February 17, 2007 Author Report Share Posted February 17, 2007 BTW, how long will the current £20s remain as legal tender? I rather not start my trip (next year maybe?) by visiting the BoE to trade my notes for new ones. From the Bank Of England Website When introduced, the new £20 note will circulate alongside the current Elgar £20 which will then be progressively withdrawn from circulation. The date when its legal tender status ends will then be announced, as is usual practice. As with all Bank of England notes, they can always be exchanged for their face value at the Bank of England. If I hear anything I'll let you know Link to comment Share on other sites More sharing options...
San_Miguel98 Posted February 17, 2007 Report Share Posted February 17, 2007 do you know when the they unveil the designs for the other notes, or if there's a certain design theme for the new series? i hope they finally come out with a new fifty. heheh...the u.s. is redesigning everything but the smallest notes, and the bank of england is redesigning everything but their biggest! Link to comment Share on other sites More sharing options...
Johnny 1989 Posted February 17, 2007 Author Report Share Posted February 17, 2007 do you know when the they unveil the designs for the other notes, or if there's a certain design theme for the new series? i hope they finally come out with a new fifty. heheh...the u.s. is redesigning everything but the smallest notes, and the bank of england is redesigning everything but their biggest! Hard to say really, the £20's were changed due to the amount of forged notes that were going back to the BoE every year something between 50,000-500,000 odd recieved back every year compared to 3,000-8,000 of £5, £10 & £50 notes. The Series E revision were released as follows: £20 - 1999 £10 - 2000 £5 - 2002 The £10 will probaby be next year but not sure about fivers, there has been talk for the last 5-10 years of replacing it with a coin (not in the same size as the crown coins though). The £50 is due a refresh, it's been in circulation since 1994! Link to comment Share on other sites More sharing options...
ccg Posted February 18, 2007 Report Share Posted February 18, 2007 From the Bank Of England Website When introduced, the new £20 note will circulate alongside the current Elgar £20 which will then be progressively withdrawn from circulation. The date when its legal tender status ends will then be announced, as is usual practice. As with all Bank of England notes, they can always be exchanged for their face value at the Bank of England. If I hear anything I'll let you know Thanks! Link to comment Share on other sites More sharing options...
Johnny 1989 Posted March 8, 2007 Author Report Share Posted March 8, 2007 NEWS UPDATE: From the Bank Of England website: News Release Launch Date for the New ‘Adam Smith’ £20 Banknote 21 February 2007 The new-design £20 banknote from the Bank of England will begin being introduced into circulation from Tuesday 13 March. Announcing the date, Andrew Bailey, the Bank’s Executive Director − Banking Services and Chief Cashier, said: “The introduction of the Adam Smith £20 from 13 March will be a major undertaking for us as the £20 denomination is by far the most common note in circulation. This means that the proportion of Adam Smith £20s will gradually increase over time. The note’s enhanced security features will play a key role in our continuing fight to prevent counterfeiting. Maintaining public confidence in our banknotes is paramount.” He added: “We will not be releasing low-numbered notes at the launch. At a later date, I expect to make an announcement on how we will release these notes.” Full details of the new note will be announced in a further news release for publication on 13 March. I take it the low numbered ones refer to serial numbers & not the £5 & £10 notes, especially seeing as they are probably still in the design process Link to comment Share on other sites More sharing options...
Scottishmoney Posted March 8, 2007 Report Share Posted March 8, 2007 Fitting that a Scot will be on the most commonly used English banknote Link to comment Share on other sites More sharing options...
Johnny 1989 Posted March 8, 2007 Author Report Share Posted March 8, 2007 Fitting that a Scot will be on the most commonly used English banknote I know, I can't believe the fuss that has been kicked up about this, for years the Scots have slated the English for not including Scotland when talking about Britishness and then the moment they do, they don't like it I'm hoping that Isambard kingdom brunel appears on either the new £5/£10 notes when the eventually come out. I know he was only on the £2 coins last year but the Paddington arches would look great on a banknote Link to comment Share on other sites More sharing options...
Johnny 1989 Posted March 10, 2007 Author Report Share Posted March 10, 2007 Oddly enough there have been a few crisp Elgar £20's coming out of cashpoints in the last week or so & all have the serial number prefix EE. I may be reading to much into this but could this be a special serial number as in End of Series E perhaps seeing as the current ones were the Series E mark 2 notes? Link to comment Share on other sites More sharing options...
Johnny 1989 Posted March 13, 2007 Author Report Share Posted March 13, 2007 http://www.guardian.co.uk/uklatest/story/0,,-6476085,00.html If anyone in the UK can send me a 300 dpi scan of front and back of this note, I would greatly appreciate it. There you go they're already on Ebay, not even 24hours http://cgi.ebay.co.uk/NEW-20-ENGLAND-BANKN...1QQcmdZViewItem Link to comment Share on other sites More sharing options...
San_Miguel98 Posted March 13, 2007 Report Share Posted March 13, 2007 poo. i thought i was being crafty by purchasing it from him for £29.99 through ebay.co.uk instead of his $59.99 listing on ebay.com. instead of saving £2, the paypal conversion fee got me and i ended up paying 30 cents over what i would've spent on the american site anyway. Link to comment Share on other sites More sharing options...
Johnny 1989 Posted March 13, 2007 Author Report Share Posted March 13, 2007 Well I'm suprised someone went down the bank & got that many already (there's a wad of them in one of the pictures) http://www.bankofengland.co.uk/banknotes/newtwenty/index.htm The above link has interesting information about the new notes, see the tour section. They are, thankfully, a lot more purple that shown in the original image up above Link to comment Share on other sites More sharing options...
see323 Posted March 14, 2007 Report Share Posted March 14, 2007 The 20 pounds is beautiful and refreshing design. If only it has a 555555 and a 888888 on the serial number, I will get one for my collection. Link to comment Share on other sites More sharing options...
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