News & Blog

Plastic fantastic

Posted on Wed, 18 December 2013 by Phil Mussell - General News, Coin News, Banknote News

It seems that the much talked about polymer ("plastic") notes for Britain are to be a reality in just two years. according to the BBC the Bank of England (BofE) intends to introduce them as early as 2016. The official BofE press release of December 18 2013 States

"The Bank of England is today announcing that the next £5 and £10 banknotes will be printed on polymer, a thin flexible plastic film, rather than on the cotton paper used for notes currently in issue.

The new polymer notes will retain the familiar look of Bank of England banknotes, including the portrait of Her Majesty the Queen and a historical character.  The first polymer note will be the £5 note featuring Sir Winston Churchill and will be issued in 2016.  It will be followed around a year later by a polymer £10 note featuring Jane Austen."

Interesting times....