Of the changes expecting from the death of HM Queen Elizabeth II
I wonder when will the Bank of England issue new banknotes in Charles III's image?
I can't explain it with any good reason, but I have a habit of always keeping some cash in U.S. Dollar (USD), British Pound (GBP) and Euro (EUR), in addition to my home currency of Canadian Dollar (CAD) of course. I went to get some Pound Sterling the other day as the British Pound is at a multi-decade low against the USD and CAD.
At the bank, the teller told me that the paper version of the British Pound will cease being legal tender as of 30th September 2022, so she wanted to give me only polymer banknotes so that my purchase would not become useless in less than a month. But when I saw that the old paper banknotes are in very fine (though not mint) conditions, I actually asked her to sell me £100 in the old paper notes for my collection. The rest of the purchase I did get the new polymer banknotes.
The soon-to-be-withdrawn £50 paper banknote features the entrepreneur Matthew Boulton and the engineer James Watt and an image of the Soho Manufactory in the background - a factory used mainly to build machinery. The design was taken from a drawing produced in 1781. The steam engine design at the front of the note was taken from the Whitbread Engine, built in 1785 by the Boulton & Watt company.
The new £50 polymer banknote features a portrait of Mr. Alan Turing, who conceived modern computing and played a crucial part in the Allied victory over Nazi Germany in World War Two. Mr. Turing was gay and was convicted in 1952 of gross indecency for his relationship with a man. He committed suicide in 1954, aged only 41.
The Queen officially pronounced Mr. Turing pardoned in August 2014 after several years of petitioning by prominent figures in society.
Of the changes expecting from the death of HM Queen Elizabeth II
I wonder when will the Bank of England issue new banknotes in Charles III's image?
I can't explain it with any good reason, but I have a habit of always keeping some cash in U.S. Dollar (USD), British Pound (GBP) and Euro (EUR), in addition to my home currency of Canadian Dollar (CAD) of course. I went to get some Pound Sterling the other day as the British Pound is at a multi-decade low against the USD and CAD.
At the bank, the teller told me that the paper version of the British Pound will cease being legal tender as of 30th September 2022, so she wanted to give me only polymer banknotes so that my purchase would not become useless in less than a month. But when I saw that the old paper banknotes are in very fine (though not mint) conditions, I actually asked her to sell me £100 in the old paper notes for my collection. The rest of the purchase I did get the new polymer banknotes.
The soon-to-be-withdrawn £50 paper banknote features the entrepreneur Matthew Boulton and the engineer James Watt and an image of the Soho Manufactory in the background - a factory used mainly to build machinery. The design was taken from a drawing produced in 1781. The steam engine design at the front of the note was taken from the Whitbread Engine, built in 1785 by the Boulton & Watt company.
The new £50 polymer banknote features a portrait of Mr. Alan Turing, who conceived modern computing and played a crucial part in the Allied victory over Nazi Germany in World War Two. Mr. Turing was gay and was convicted in 1952 of gross indecency for his relationship with a man. He committed suicide in 1954, aged only 41.
The Queen officially pronounced Mr. Turing pardoned in August 2014 after several years of petitioning by prominent figures in society.