Bank of England issues The New Ten Pound Note on Guardian™ polymer substrate
14 September 2017
London, United Kingdom – Today, Thursday 14 September, the Bank of England has issued the new £10 note on Guardian™ polymer substrate.
Just over one billion polymer £10 notes have been printed ready for issue and the public will begin to see them in the following days and weeks as the notes leave cash centres around the country and enter general circulation.
The new Jane Austen £10 joins the Churchill £5 in the first series of polymer Bank of England banknotes and a new £20 note featuring J.M.W Turner will follow in 2020.
£5 and £10 Guardian™ polymer banknotes have been awarded the Carbon Trust’s Footprint Label for carbon footprint reduction. The label demonstrates that the Bank has accurately measured the carbon footprint of these denominations, and that over their full life cycle they will deliver carbon reduction benefits.
The new £10 note contains sophisticated security features which make it very difficult to counterfeit. It is expected to last at least 2.5 times longer than the current paper £10 notes – around 5 years – and stay in better condition during day to day use.
Security features on the new £10 note include:
- Large see-through window containing a clearly-defined portrait image of the Queen with rich tonal range provided by Guardian CAMEO™. This security feature can be seen on the front and the back of the note.
- A quill at the side of the window which transitions from purple to orange when the note is tilted printed with colour-changing Guardian G-Switch™ ink.
- Winchester Cathedral shown in gold foil on the front of the note and silver on the back.
- Micro-lettering beneath the Queen’s portrait with tiny letters and numbers that are visible under a microscope.
Victoria Cleland presenting the New Ten Pound.
Commenting on the introduction of the new £10 note, Victoria Cleland, the Bank’s Chief Cashier, said: “Today is an exciting day. It is wonderful to see the inspirational author Jane Austen celebrated on the new £10, and even more poignant being launched during the 200th anniversary of her death. I am grateful to the cash industry for their support in bringing the cleaner, safer, stronger notes to the public.”
Paper £10 notes featuring Charles Darwin will be gradually withdrawn from circulation as they are banked by retailers and businesses. The public should continue to spend paper £10 notes as usual until legal tender status is withdrawn in spring 2018 with the exact withdrawal date announced at least three months in advance.
Further details about the new £10 note can be found on www.thenewten.co.uk.
For more information:
T +61 3 9303 0709