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New £20 Note Enters Circulation

New £20 Note Enters Circulation
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The Bank of England has pushed out the new polymer £20 note, and its the most secure banknote ever.

It features JW Turner, replacing economist Adam Smith, and the Banks reckons half of all ATMs across the UK will be dispensing the new notes in just two weeks’ time.

It’s the third plastic note to be released, after the £10 and £5, and is said to be the most secure yet.

According to the Bank Of England, security features on the new Turner note include:

  • A large see-through window with a blue and gold foil on the front depicting Margate lighthouse and Turner Contemporary. The foil is silver on the back. The shape of the large window is based on the shape of the fountains in Trafalgar Square.
  • Turner’s self-portrait, painted around 1799 and currently on display in Tate Britain.
  • One of Turner’s most celebrated paintings The Fighting Temeraire – a tribute to the ship HMS Temeraire which played a distinguished role in Nelson’s victory at the Battle of Trafalgar in 1805. It was voted the nation’s favourite painting in a BBC Radio 4 poll.
  • A metallic hologram which changes between the word “twenty” and “pounds” when the note is tilted.
  • A purple foil patch containing the letter “T” and based on the staircase at Tate Britain.
  • A quote “Light is therefore colour” from an 1818 lecture by Turner referring to the use of light, shade, colour and tone in his pictures.
  • Turner’s signature from his will, in which he bequeathed many of his paintings to the nation.
New £20 note - both sides

The new note.

The new £20 note features Sarah John, the Chief Cashier, and she said: “Moving the £20 note to polymer marks a major step forward in our fight against counterfeiting. I am very grateful to everyone across the cash industry who has made this transition possible and I hope the public enjoy using their new Turner £20s.”

Federation of Small Businesses national chairman Mike Cherry also said: “The introduction of this new £20 note is a great step to cutting down on fraud which is a thorn in the side of small firms.

“As the most common note in circulation, small firms will be pleased to see the money they are working with is going to become safer and more secure. This will mean that small businesses can spend time and money on other issues away from fraud.”

//Image courtesy of The Bank of England.

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