Question: What Is On A 10 Pound Note?

How long can I use old 20 pound notes?

When do the old £20 notes expire.

The Bank of England is yet to set a date for when the old £20 notes will no longer be valid, meaning you can still use them freely for now.

It has said it will give people six months’ notice to use the notes once it makes the announcement..

Can we exchange old notes now?

You can always exchange withdrawn notes with us by post. … Send it with your banknote(s) and photocopies of ID (one photo ID and one proof of address) for any exchange (mandatory for any exchange of £700 or more) to Department NEX, Bank of England, Threadneedle Street, London EC2R 8AH.

Do banks still take old 20 pound notes?

Yes, you can still use the old £20 notes as they are accepted as legal tender. Since the Bank of England are yet to confirm when the old £20 notes expire, people will be given six months’ notice of its withdrawal.

A new design for one pound notes was introduced in 1960, with the old notes ceasing to be legal tender in 1962. … The new cupro-nickel coin was introduced on 21 April 1983 and the one pound note ceased to be legal tender on 11 March 1988.

What should I do with old notes?

Many banks will still accept old notes as deposits from customers. The Post Office may also accept them as a deposit into bank accounts you can access at the Post Office. You can also exchange withdrawn notes with The Bank of England. Again, many charities will accept old banknotes as donations.

Is a pound note worth anything?

Today, the notes generally sell for pounds 100-pounds 200 each, but rare items can change hands for over pounds 1,000.

What is the rarest note?

1890 Grand Watermelon BillThe 1890 Grand Watermelon Bill is the rarest and most famous of all US currency notes.

Can you still use old 20 pound notes?

Yes, you can continue to use paper £20 notes to make purchases at the moment. You have until the Bank of England announces an expiry date to be able to use them. Then, when the Bank of England has announced they’re expiring, you have half a year to either exchange the old notes for new ones or spend the money.

Is there a 100 pound note?

The £100 note is currently the largest denomination of banknote issued by The Royal Bank of Scotland. The current Ilay series of banknotes was first issued in 1987. These banknotes feature a portrait of Lord Ilay, first governor of the bank, on the front. Lord Ilay’s image is also used as a watermark on the notes.

If you’ve not quite got round to spending any paper £20 notes – there is some good news. The Bank of England has said that unspent paper £20 notes are still legal tender. … The better news is there’s no rush to spend them – with the Bank promising a 6-months notice before they are withdrawn.

Can you still spend paper 10 notes?

While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. People can take or post any old notes to the bank in Threadneedle Street, in the City of London, to be exchanged for a new-style polymer one. … Banknotes can also be exchanged by post.”

Are AA notes worth anything?

Banknotes that have very early serial numbers are often sought after by collectors. … AA notes are the most valuable, but anything with an A in it could be worth more than the value of the note itself. An AA01 £5 note sold on eBay for over £60,000 in 2017.

Are 5 pound AA Notes valuable?

eBay is currently a hotbed for people reselling their new £5 notes. As a general rule of thumb your new £5 note is probably only worth its face value. However, the notes with the AA serial number can actually fetch upwards of £20.

Who is on the 10 pound note 2020?

Jane AustenThe new plastic £10 note has been unveiled by Bank of England governor Mark Carney at Winchester Cathedral. The note, which follows the polymer £5, will be issued on 14 September and has a portrait of Jane Austen on the 200th anniversary of the author’s death.

Are aa 10 pound notes worth anything?

How much will an AA note be worth? Simon Narbeth, a specialist paper money dealer (a real job apparently) told The Telegraph that the first million £10 notes will contain a prefix of AA01 and could all be worth £50.

Are any new 10 notes worth anything?

THE new plastic £10 note launched on September 11, and some of them are worth THOUSANDS of pounds. One of the tenners was bought for £3,600 after the seller noticed it had the serial number AH17 75 – the year of Jane Austen’s birth.

Do banks give 50 pound notes?

Banks in the UK will not change £50 notes into smaller denominations unless you are an account holder.