The Bank of England has unveiled (20th December) the obverse portrait of HM King Charles III which will be depicted on banknotes from 2024. The portrait of His Majesty shows him dressed in the robes of the Order of the Garter with a greater portion of the collar and robes being included as the denomination […]
The coins and banknotes of Queen Elizabeth II — an insight into changeover plans for King Charles III
On the afternoon of the 8th September, an official protocol entitled Operation London Bridge was put into motion which was a plan of events agreed to by various departments of the British government some years ago to be enacted in the event of the death of the sovereign. Sadly, the day most of us dreaded, […]
Workshop on monetary and financial history: Day two
The following is an excerpt from an article by Will Roberds, a research economist and senior adviser in the Atlanta Fed’s Research Department In yesterday’s post, I discussed the first day of the Atlanta Fed’s two-day virtual workshop on monetary and financial history. In today’s post, I’ll discuss the workshop’s second day. Day two began with a […]
Workshop on monetary and financial history: Day one
The following is an excerpt of an article by Will Roberds, a research economist and senior adviser in the Atlanta Fed’s Research Department On May 21 and May 22, the Atlanta Fed hosted a virtual workshop on monetary and financial history. The workshop was organized by Michael Bordo (Rutgers University), William Roberds (the Federal Reserve […]
Northern Ireland: New £20 polymer “Living in Nature” series banknote features county of Derry and Halloween celebrations
The Ulster Bank, a subsidiary of National Westminster Bank Plc., has issued (14th October) the latest £20 denomination which is part of their new “Living in Nature” family of banknotes which sees this denomination now printed on polymer. With the introduction of the new series, all three Ulster Bank denominations underwent a change in design which […]
Scotland: “Fabric of Nature” polymer series continues with release of new £20 banknotes
In line with the Bank of England’s introduction of their polymer £20 banknote on the 20th February, the Royal Bank of Scotland has released their corresponding banknote which is also produced on the same plastic substrate. In keeping with the Bank of England’s revised and updated series, the note is reduced in size but retains […]
Bank of England releases new £20 series “F” JMW Turner banknote
Today, the Bank of England released their well-publicised £20 series “G” banknotes which feature the image of the eminent 19th-century painter Joseph Mallord William Turner (1775-1851). The famed artist was born in Covent Garden, London, whose works included more than 550 oil paintings, 2,000 watercolours, and 30,000 works on paper during his active years. From […]
United Kingdom: Surprising number of polymer £5 and £10 banknotes replaced due to damage
New and surprising information about Bank of England polymer notes has surfaced in which their lifespan has been put into question. The Bank of England has reported that nearly 50 million polymer £5 and £10 notes have had to be replaced since they were launched due to wear and tear. New figures offered by the […]
Poland: New gold coin marks repatriation of gold reserves onto Polish soil
The National Bank of Poland has released (18th December) new gold collector coins which highlight the National Bank’s repatriation of their pre-war gold reserves back onto Polish soil. Stored in the vaults of the Bank of England since the end of the Second World War, the government of the day feared soldiers of the invading […]
Scotland: New modified design unveiled for £20 polymer banknote
The Bank of Scotland has unveiled (7th November) the modified design which will be included on their latest £20 banknote. In keeping with the specifications of circulation banknotes, which are taken from Bank of England banknotes, the new £20 banknotes will be printed on polymer and will also be reduced in their dimensions. The back […]
