The Evolution of UK Banknotes: From Paper to Precision

The history of banknotes in the United Kingdom is a fascinating journey of innovation, security, and tradition. From the earliest issues to the forthcoming King Charles III banknotes, each phase reflects the technological and cultural shifts of its time.

A Brief History of UK Banknotes

The Bank of England began issuing banknotes shortly after its establishment in 1694. Initially, these notes were handwritten, a far cry from the highly sophisticated currency we use today. By the mid-18th century, partially printed notes were introduced, with the denomination and other details filled in by hand.

Earliest Bank of England note dated 18th June 1697 - The Evolution of UK Banknotes: From Paper to Precision
Earliest Bank of England handwritten note dated 18th June 1967
Source: Bank of England website
https://www.bankofengland.co.uk/museum/online-collections/blog/our-earliest-bank-of-england-note

The 19th century brought significant changes with fully printed notes and the introduction of standardized designs to prevent forgery. A pivotal moment in the history of UK banknotes came in 1960 when Queen Elizabeth II became the first monarch to be featured on the Bank of England notes. Her portrait on the £1 note marked the beginning of a tradition of depicting reigning monarchs on the nation’s currency, providing a sense of continuity and national identity.

Security Features: From Simplicity to Sophistication

As technology advanced, so did the sophistication of banknote security features. Early notes relied heavily on the quality of the paper and intricate designs to deter counterfeiters. However, as counterfeiting techniques improved, so too did the security measures.

Modern UK banknotes are a marvel of technology and design. Click on the dots below to explore the key security features:

Introducing the King Charles III Banknotes

In a historic move, the Bank of England is set to release the new King Charles III banknotes on June 5th, 2024. This marks the first time in over 70 years that a new monarch’s portrait will grace the currency, following the reign of Queen Elizabeth II.

The King Charles III banknotes will continue to feature the same high-security features of their predecessors and the new banknotes will initially be available in £5, £10, £20, and £50 denominations. They will circulate alongside the existing Queen Elizabeth II notes, gradually phasing out the older series as they wear out.

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Introducing the DateStamp™ Set: Connecting the Past and Present

To commemorate this historic transition, we are excited to introduce an exclusive DateStamp™ set that brings together the past and the present of UK currency. This unique collection features the Queen Elizabeth II £5 and £10 banknotes alongside the brand new King Charles III £5 and £10 banknotes, each postmarked on the official issue date, 5th June, 2024.

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You can now be one of just 2,024 collectors to own this special set.

Click here now to pre-order yours before the official release >>

BRAND NEW: UK D-Day 50p REVEALED

2024 marks 80 years since brave allied forced landed on Normandy Beaches in one of the largest military operations in history.

D-Day turned the tide in the second world war, and today, its monumental 80th anniversary is being commemorated on a brand-new UK 50p coin.

Check out the coin below and use our interactive map to discover the intricate design…

Carefully curated by sculptor and artist, David Lawrence, in collaboration with the Imperial War Museum, the coin’s reverse design is the perfect tribute to time that will soon move beyond living memory.

In fact, it is likely one of the last anniversaries where veterans and their families can still honour an incredible moment in British history.

The landings themselves took place at five assault beaches along a 50 mile stretch of the Normandy Coast. They were given the codenames of Utah, Omaha, Gold, Juno and Sword – all of which are inscribed on the bottom of the design.

The coin is available in a range of specifications, including superior Brilliant Uncirculated and limited-edition Silver Proof and Piedfort.

However, some of the most special issues are without a doubt the postmarked coins.

Carefully paired alongside a 1st Class Royal Mail stamp, each cover and DateStamp™ will be postmarked on the 80th Anniversary date, 6th June 2024, and are available for pre-order today.

Click here to view the full range and secure yours >>

The National Gallery: A Journey Through Art and Time

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In the bustling heart of London, the National Gallery began its life in 1824, initially occupying the former townhouse of banker John Julius Angerstein at No.100 Pall Mall. The modest beginning—with just 38 paintings—was the spark for what would grow into one of the world’s most revered art institutions. In April 1824 the House of Commons agreed to pay £57,000 for the picture collection of the banker John Julius Angerstein. His 38 pictures were intended to form the core of a new national collection, for the enjoyment and education of all.

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Left: 100 Pall Mall, the home of the National Gallery from 1824 to 1834 Right: The paintings displayed in Angerstein’s house (Image credit – https://www.nationalgallery.org.uk/about-us/history/about-the-building)

The Evolution of a Landmark

The National Gallery’s early days at No.100 Pall Mall weren’t exactly glamorous. It was small, stuffy, and constantly packed, making it a bit of an embarrassment compared to the grandeur of the Louvre in Paris. However, Agar Ellis, a trustee of the gallery, saw its location on Pall Mall as crucial, right in the heart of London’s hustle and bustle.

In 1832, construction started on a new building by William Wilkins, replacing the old Royal Mews in Charing Cross. Positioned between the affluent West End and less privileged areas to the east, its location was strategic. The idea was to make the collection accessible to people from all walks of life, prioritising social inclusion over concerns like city pollution or architectural flaws.

Even as the possibility of moving to South Kensington arose in the 1850s, the emphasis remained on making art available to everyone. As stated by the Parliamentary Commission of 1857, the purpose of the collection wasn’t just to display pictures, but to enrich the lives of the people, regardless of their social standing.

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Left: Diego Delso, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons TR: Rudolf Schuba, CC BY 2.0 https://creativecommons.org/licenses/by/2.0, via Wikimedia Commons BR: DiscoA340, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons

Today, the National Gallery is a vibrant hub for art lovers of all backgrounds. It’s diverse collection, ranging from iconic masterpieces to hidden gems, offers endless opportunities for exploration and inspiration. Through exhibitions, educational programs, and digital initiatives, the gallery provides a welcoming environment where everyone can engage with art.

Celebrating 200 Years of Art

In recognition of its 200th anniversary, the National Gallery is celebrated with a special coin designed by Edwina Ellis, known for her detailed engravings. The coin beautifully features the gallery at its center, surrounded by the inscription of the anniversary. This keepsake is not just a piece of metal but a symbol of the gallery’s enduring legacy, available in gold, silver, and uncirculated editions.

The edge of the coin bears the inscription ‘MAIORVM GLORIA POSTERIS LVMEN EST’, meaning “The glory of our ancestors is a light to our descendants.” This phrase, inscribed in the gallery’s very architecture, encapsulates the essence of the National Gallery: a portal to the past and a beacon for the future.

Explore the whole National Gallery £2 range now by clicking here >>