Following the release of the ‘plastic’ fiver earlier in the year, the Bank of England has promised a new polymer ℒ10 is on the way, too. Here’s everything you need to know…
When will the new ten pound note enter circulation?
The Bank of England has set the release date of the new note as 14th September, 2017, with the unveiling of the new £10 taking place on July 18 to mark the 200th anniversary of Jane Austen’s death – who will feature on the note.
When will the current paper £10 note go out of circulation?
Although no exact date has been given, the current ten pound note could cease to be legal tender by Spring 2018 – according to the Bank of England.
Unveil event – 18 July 2017
New £10 polymer note is unveiled at Winchester Cathedral.
New £10 goes into circulation 14 September 2017
The new plastic £10 will become available. You should start to see it from this date.
Old £10 note goes out of circulation – Spring 2018
Once the new £10 is issued, the old ones will be gradually faded out.
Will the new £10 polymer note feature the animal product called tallow – like the ‘plastic’ fiver?
As the new £10 note will be made of the same materials as the polymer £5 note, it will again contain small amounts of tallow – a rendered form of beef or mutton fat.
Due to the backlash from vegetarians and vegans, the Bank of England said it considered destroying, reprinting and delaying the issue of the new note.
However, it said that doing so would compromise anti-counterfeit measures and would prove expensive. So expect the tallow to remain.
What and who will feature on the new note?
- A portrait of Jane Austen commissioned by James Edward Austen Leigh (Jane Austen’s nephew) in 1870, adapted from an original sketch of Jane Austen drawn by her sister, Cassandra Austen.
- The quote – ‘I declare after all there is no enjoyment like reading!’ from Pride and Prejudice (Miss Bingley, Chapter XI).
- An illustration of Miss Elizabeth Bennet undertaking ‘The examination of all the letters which Jane had written to her’ – from a drawing by Isabel Bishop (1902-1988).
- Jane Austen’s writing table – the central design in the background is inspired by the 12-sided writing table, and writing quills, used by Jane Austen at Chawton Cottage.
Here are the new security features as reported by the BBC
- A see-through window featuring the Queen’s portrait.
- Winchester Cathedral shown in gold foil on the front of the note and silver on the back.
- A quill at the side of the window which changes from purple to orange.
- A hologram which contains the word “Ten” and changes to “Pounds” when the note is tilted.
- A hologram of the coronation crown which appears 3D and multi-coloured when the note is tilted.
- A book-shaped copper foil patch which contains the letter JA.
- Micro-lettering beneath the Queen’s portrait with tiny letters and numbers that are visible under a microscope.
- The words “Bank of England” printed in intaglio (raised ink) along the top of the note.
A polymer £20 note is set to be launched in 2020 and will features the artist J.M.W Turner.