Posts Tagged ‘£10’

Everything you need to know about the Jane Austen Polymer £10 banknote…

The Bank of England officially revealed the new £10 polymer banknote in a ceremony at Winchester Cathedral – the burial place of Jane Austen, on the 200th anniversary of her death.

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Winchester Cathedral- where Jane Austen is buried.

What does it look like?

The new £10 note features a portrait image of Jane Austen (commissioned by her nephew James Edward Austen Leigh in 1870), alongside the famous quotation from her novel Pride and Prejudice: ‘I declare after all there is no enjoyment like reading!” 

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The new Polymer £10 note features Jane Austen (Image: Bank of England)

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.​ An illustration of Miss Elizabeth Bennet undertaking “The examination of all the letters which Jane had written to her” from a drawing by Isobel Bishop (1902-1988) is also featured.

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The new £10 note is 15% smaller than the current £10 note – Source: Bank of England

There is also an image of Godmersham Park, the home of Edward Austen Knight (Jane Austen’s brother). It is believed that she visited the house often and it was the inspiration for a number of Jane Austen’s novels.

When can I find one in my change?

The new note entered circulation on 14th September this year and around 55% of £10 banknotes in circulation are made from polymer.

Will I still be able to spend my current £10 notes?

Yes you will, but only up until 1 March 2018.  As with the old paper £5 notes, the £10 note will eventually cease to be legal tender – but you will still be able to exchange them at the Bank of England.

What will happen to the paper £10 notes once they’re no longer legal tender?

There are approximately 359,000,000 paper ten pound notes in circulation, but the Bank of England does have a plan for them.

Once the Bank of England start to withdraw the paper £10 notes from circulation, they will be recycled.

In the early 2000s, the Bank of England introduced a new way to get rid of its old notes – by recycling them with a composting treatment similar to that used with food waste.

This recycling method was put into place for all paper-note waste in 2011, using them as a soil improver for agriculture.

What should I look out for on the new polymer £10 banknotes?

When the new polymer £5 note was released in September 2016, serial numbers became the talk of a nation. The first prefixes I considered were JA01, JA75 (Jane Austen’s birth year) and JA17 (the year of Jane Austen’s death). However, whilst these will likely become popular with collectors in the future,  it could be many years before notes with these serial numbers enter circulation due to the huge amount of possible combinations that would come before ‘JA’. Click here to find out what else you should be looking for on these banknotes >> 

So the new era of Plastic Banknotes is officially upon us! What do you make of the new Polymer banknotes? 


Mark the 200th anniversary of Jane Austen’s death

123456 300x207 - Everything you need to know about the Jane Austen Polymer £10 banknote...To celebrate such an inspirational female figure, the Royal Mint and the Bank of England have chosen to honour her on a brand new £2 coin and £10 banknote.

Click here to own the 2017 Jane Austen £2 Coin and £10 Banknote Pack today >>

Not everybody is happy with Jane Austen’s ‘makeover’ on the new £10 note

2017 marks 200 years since the death of Jane Austen– one of the best-loved English novelists of all time. And to celebrate such an inspirational female figure, both The Royal Mint and the Bank of England have chosen to honour her on a brand new coin and bank note this year.

In fact, this is the first time ever that someone has featured on a circulation coin and banknote at the same time– other than the reigning monarch.

But, all is not well. In an era where airbrushing celebrity photos is par for the course it is perhaps surprising that there has been such uproar regarding Jane Austen’s portrait on the new £10 note.

Jane Austen Final - Not everybody is happy with Jane Austen's 'makeover' on the new £10 note

A portrait of Jane Austen, considered a genuine likeness, compared to her portrait on the new £10 note.

However, many people are upset that she appears to have had the Photoshop treatment; altering her real image to one ‘better suited’ to this modern age. With some even going as far to say she has been made into a Disney princess. Although the difference is not drastic, it is clear that a few minor tweaks have been made.

It seems as though it is not a good idea to mess with the appearance of such a well loved English icon.

We’d certainly be interested to hear your thoughts on the matter, let us know by answering our poll.