A metallic image is positioned over the window. Reissue of unthreaded pre-war notes. Size: 5 7/8" x 3 1/8" (149mm x 80mm) Date ceased to be legal tender: 28 May 1962 Colour: Front green, back green they are approved by the UK Parliament. Date first issued: 1725 The mathematician Alan Turing will feature on our new £50 note. Colour: Monochrome (printed on one side only) While the paper £5 and £10 notes are no longer legal tender, they will always be accepted by the Bank of England. Design: Size may vary. It’s worth stating as you may hear people talking about it, maybe differentiating it from “legal currency” and saying it means that a shop has to accept “this legal tender banknote”. Press Spacebar or Enter to select, © Bank of England. Design: unknown. Size: 6 1/4" x 3 1/2" (158mm x 90mm) Design: Roger Withington. Colour: Green Design: Notes in earlier years are slightly smaller. For example, on the words 'Bank of England' and in the bottom right corner. Size: 5 5/16" x 2 5/8" (135mm x 67mm) Colour: Monochrome (printed on one side only) Date ceased to be legal tender: 28 February 2001 Date first issued: 27 September 1993 Date first issued: 1759 Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) You may disable these by changing your browser settings, but this may affect how the website functions. Design: Reynolds Stone. Colour: Monochrome (printed on one side only) There are massive errors about what legal tender means, and hoards of people, all over the UK, think it means a legal tender note must be accepted. Revised version issued: additional denomination symbol £10, black in colour, to replace crown feature in top-right corner of note (front); further denomination symbol £10, dark brown in colour, added to top-right corner of note near head of Charles Dickens (reverse). Colour: Monochrome (printed on one side only) £500 notes issued by some Bank of England Country Branches from 1826. Date ceased to be legal tender: 21 November 2003 Date ceased to be legal tender: 20 September 1996 Date ceased to be legal tender: 5 May 2017 Date first issued: 1945 And £20 and £50 notes printed on paper. Scottish Bank notes aren’t actually legal tender! The Bank of England says 94 million paper tenners and 118 million paper fivers haven’t been handed in, even though they can still be exchanged at face value. There are certain rules for smaller value coins and how many can be used at once. In England, Scotland, Wales and Northern Ireland, all coins minted by the Royal Mint and authorised by Royal Proclamation are legal tender. New 'windowed' security thread introduced on 16 July 1987. In 1922, wording at the top changed to ‘United Kingdom of Great Britain and Northern Ireland’. Date ceased to be legal tender: 20 May 1994 Date ceased to be legal tender: 28 May 1962 Date ceased to be legal tender: unknown Date first issued: 13 September 1948 Issued also by Bank of England Country Branches from 1826. Colour: Red-brown Legal tender status (the IOM's definition of which is akin to the UK) of the 10 shilling, 50p and £1 polymer notes continued until 31 October 2013, and these notes remained in circulation (albeit rarely seen) until this date, after which they remain exchangeable at branches of the Isle of Man Bank. That is why we work hard to ensure our notes are high quality, durable and difficult to counterfeit. Siobhan submitted a tender of “£100 lower than any other tender received” by post. Date first issued: 21 February 1957 Date first issued: 1725 Rare Coins that are now worth a small fortune The good news is that coins from the Royal Mint do have legal tender status north of the border - to a certain extent. In Scotland and Northern Ireland it’s only Royal Mint coins and not banknotes. Beautician rips new plastic £5 note pulling it from piggy bank with tweezers – but it’s still legal Jo Wingfield, 33, opened up the ceramic jar to discover two more notes were also slightly torn Size: Approx 8 1/4" x 5 1/8" (211mm x 130mm) You will still be able to use the paper £20 note until we withdraw it from circulation. Size: 5 9/16" x 2 15/16" (142mm x 75 mm) Date ceased to be legal tender: 31 May 1979 Date first issued: 22 October 1918 There are £5, £10 and £20 notes printed on polymer. Date ceased to be legal tender: 11 March 1988 Colour: Monochrome (printed on one side only) Design: £300 notes not issued by Bank of England Country Branches. Date first issued: 1793 You should check these features to ensure notes are genuine. Colour: Monochrome (printed on one side only) 'In England and Wales, legal tender is Royal Mint coins and Bank of England notes. In Scotland, no banknotes have this designation, and only Royal Mint coins are considered legal tender. Design: Bertram Mackennal. Date first issued: 7 June 1990 Well, the Bank of England states that only its banknotes are ‘legal tender’ in England and Wales. We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. On 20 February 2020 we issued a new polymer £20 note. Date first issued: 1 March 1993 Date ceased to be legal tender: 31 July 2003 Generally, the Post Office will continue to accept the notes as a deposit into any main UK bank account even after the notes cease to be legal tender. After then the coins will no longer be legal tender. £200 notes not issued by Bank of England Country Branches. Colour: Monochrome (printed on one side only) There are £5, £10 and £20 notes printed on polymer. It’s recommended that you do not accept damaged coins, or you may get stuck with them. Date ceased to be legal tender: 19 March 1993 However, that’s not the be all and end all. Date first issued: 23 October 1914 Coins: Coins are legal tender throughout the United Kingdom for the following amount: £100 - for any amount. There are four denominations of banknotes in circulation: £5, £10, £20 and £50. Colour: Monochrome (printed on one side only) Legal tender has a very narrow and technical meaning in the settlement of debts. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies. Date first issued: 12 October 1961 Date ceased to be legal tender: 12 June 1920 Colour: Multicoloured (predominantly mauve-purple) After then the coins will no longer be legal tender. Luckily, each note is a different color, so it is easy to tell them apart when you're looking through your wallet. Warren Fisher from September 1919. Date ceased to be legal tender: 16 April 1945 Design: W M Keesey and others. Size: 5 3/4" x 3 1/16" (145mm x 78mm) Colour: Predominantly green New 50-krone note (series VIII) Main motif: Utvær Lighthouse. Design: W M Keesey and others. New 200-krone note (series VIII) Main motif: A cod. Date first issued: 22 November 1928 By Lee Boyce for Thisismoney.co.uk. For example, 1p and 2p coins only count as legal tender for any amount up to 20p. Colour: Multicoloured (predominantly orange-brown) Let me finish with a quick word to English shopkeepers - please accept Scottish and Northern Irish notes. The old £5 note stopped being legal tender on Friday May 5, 2017 Credit: EBay ... Email us at tips@the-sun.co.uk or call 0207 782 4368. Design: George Eve. Issued also by Bank of England Country Branches from 1826. Design: Issue of threaded notes in pre-war colour. Date first issued: 21 February 1963 Design: W M Keesey and others. They can always be redeemed at the Bank of England even if discontinued. Damaged coins will not fulfill the required coin standards in terms of weight, dimensions and appearance. Design: Harry Eccleston. Date ceased to be legal tender: 28 May 1962 Design: Designed at Royal Mint from sketches by Frederick Atterbury. Colour: Blue Necessary cookies enable core functionality on our website such as security, network management, and accessibility. We will announce the withdrawal date after we have issued our new polymer £20 note. Colour: Monochrome (printed on one side only) Printed by Waterlow Bros and Layton on banknote paper. Colour: Monochrome (printed on one side only) New contoured thread used initially; 'windowed' security thread introduced on 21 July 1988. Press Spacebar or Enter to select. Design: Harry Eccleston. Tara decided not to accept David’s tender as she had heard worrying rumours about the standard of David’s work. Size: 142mm x75mm We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. Size: Approx 8" x 5" (203mm x 127mm) Extended the Bank Notes Act 1833 to make Bank of England notes under £5 in value legal tender; act also applied to Scotland, making English 10/- and £1 legal tender for the first time. Size: 5 5/16" x 2 3/4" (135mm x 70mm) This film will run through a number of key security features. Date ceased to be legal tender: 16 April 1945 Date ceased to be legal tender: 12 June 1920 Date first issued: 20 February 1975 Incorporated metal thread for first time: permanent feature since 1948. Date ceased to be legal tender: 12 June 1920 Date ceased to be legal tender: 30 June 2010 Date first issued: 20 March 1981 Design: Harry Eccleston. Would you like to give more detail? Date ceased to be legal tender: 22 October 1962 It means that a debtor cannot successfully be sued for non-payment if he pays into court in legal tender. Colour: Multicoloured (predominantly orange-brown) Design: Robert Austin. Size: 5 1/2" x 3 5/16" (140mm x 85mm) Sir Isaac Newton portrayed on reverse. Design: Early notes are slightly smaller. Date ceased to be legal tender: 29 November 1991 Colour: Monochrome (printed on one side only) The foil is silver on the back of all notes. The Bank of England banknotes. Features helmeted Britannia on front. Issued also by Bank of England Country Branches from 1826. More than a year after they ceased to be legal tender, there are still £1.5bn-worth of paper £5 and £10 notes that haven’t been cashed in. Size: 5 7/8" x 3 1/8" (149mm x 80mm) We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. Colour: Red-brown Date first issued: Between 1725 and 1740 Windowed thread on the front of the note. The UK unit of currency is pounds sterling (£), not the Euro.If you plan on visiting Britain, it's important to familiarize yourself with the UK currency, especially since new note and coin designs have been circulated between 2016 and 2018. Size: 5 7/8" x 3 5/16" (151mm x 85mm) Colour: Red on white (printed on one side only) Bank of England notes are not legal tender in Scotland and Northern Ireland, but are accepted there along … Warren Fisher from September 1919. Florence Nightingale portrayed on reverse. Colour: Green Charles Dickens portrayed on reverse; ‘windowed’ thread on reverse. No: Damaged UK coins or mutilated UK coins are not legal tender. We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Date ceased to be legal tender: 29 October 1962 We take a look at what 'legal tender' actually means and the rules around using high value notes, expired cash and Scottish or Northern Irish currency Legal Position. Colour: Brown The rules around the legal tender status of coins in the UK are set out in the Coinage Act 1971 and the Currency Act 1983. Date first issued: 25 October 1948 Date ceased to be legal tender: 1 March 2018 Date first issued: 2 April 1940 (2) All bank notes issued under this section shall be legal tender in England and Wales, and all such notes of denominations of less than five pounds shall be legal tender in Scotland and Northern Ireland. In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. Design: Notes in earlier years are slightly smaller. "Don’t worry, you can still use the paper £20 note for now," the Bank of England's site reads. Size: 5 15/16" x 3 5/16" (151mm x 84mm) Colour: Monochrome (printed on one side only) Design: Notes in earlier years are slightly smaller. In England and Wales, it’s Royal Mint coins and Bank of England notes. Date ceased to be legal tender: 1 August 1933 Would you like to give more detail? Instead, make sure you have the red £50 note with Matthew Boulton and James Watt depicted on it. Michael Faraday portrayed on the reverse; 'windowed' thread. You may disable these by changing your browser settings, but this may affect how the website functions. Date first issued: 5 June 1991 James Watt invented the modern steam engine, and in 1775, he partnered with Matthew Boulton to start a British engineering and manufacturing firm. Date first issued: 20 April 1994 Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency throughout the United Kingdom – i.e. Basically you can spend Scottish & Irish money anywhere in the UK as it is a legal tender denominated and backed by sterling the currency the bank of England notes are issued in. What’s classed as legal tender varies throughout the UK. Necessary cookies enable core functionality on our website such as security, network management, and accessibility. Date first issued: 11 November 1971 That’s because the Bank of England has said that old £20 notes are still being considered legal tender. The following notes and coins are legal tender. Your bank won’t accept damaged, bent or chipped coins and nor will the Royal Mint. Colour: Green. Revised version issued: colour of denomination symbol £20 in top-left hand corner changed to darker purple and additional denomination symbol, black in colour, to replace crown feature in top-right corner (point); further denomination symbol £20, purple-grey in colour, added to top-right corner near head of Michael Faraday. On the polymer £20 note, there is a second, smaller window in the bottom corner of the note. On 15 October 2017 a new 12-sided coin replaced the old pound coin. Design: Bank of England, Date first issued: 21 May 2002 Colour: Multicoloured (predominantly mauve-purple) Incorporated metal thread for first time: permanent feature since 1948. Paper currency is a common form of legal tender in many countries.. Old £10 notes: Darwin paper banknotes are not legal tender from tomorrow. Design: Notes in earlier years are slightly smaller. Colour: Green and brown. Maundy money is legal tender but may not be accepted by retailers and is worth much more than face value due to its rarity value and silver content. Colour: Monochrome (printed on one side only) We will announce the withdrawal date after we have issued our new polymer £20 note. The Bank of England banknotes. When you tilt the £50 note up and down or side to side, the images on the green motion thread change between a '£' symbol and the number '50'. First £20 note to carry portrait of monarch and to use threaded paper. While not legal tender, they are UK Parliament-approved legal currency, which makes them a perfectly acceptable way to pay. Design: Designed at Royal Mint from sketches by Frederick Atterbury. David submitted a tender of £10,000 by e-mail. We will give six months’ notice of this withdrawal date. You can still spend, deposit or donate old £1 coins until 23:59 on Sunday 15 October 2017 as normal. The following security features are found on the polymer notes. Date ceased to be legal tender: unknown The old £5 note stopped being legal tender on Friday May 5, 2017 Credit: EBay What happens if you still have old £5 notes and how do you exchange them? Paper £20 notes can continue to be used as normal for now, as an end date for their use is yet to be announced. Colour: Revised version issued - colour of denomination symbol "£5" in top-left corner changed to bolder dark blue/green (front) and stronger olive/drab colour (back) Size: Approx 8" x 5" (203mm x 127mm) Printed on postage stamp paper. Coins up to 50p have a limit to the amount of debt they can be used to repay. Bank of England £1 notes are still occasionally found in circulation in Scotland, alongside Royal Bank of Scotland £1 notes. Legal Tender Deadlines. The Scottish banks issue notes in denominations of £5, £10, £20, £50 and £100.Only the Royal Bank of Scotland continues to issue a small volume of £1 notes. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) More than £1.5bn in old fivers and tenners has still not been cashed in more than a year after the last of them ceased to be legal tender. Date first issued: 7 August 1914 Size: 5" x 2 ½" (127mm x 64mm) Date ceased to be legal tender: 1 August 1933 Colour: Brown and green. Design: Notes in earlier years are slightly smaller. Colour: Multicoloured (predominantly turquoise-blue) Date first issued: 9 July 1970 Design: H N Eccleston and Roger Withington. £1,000 notes not issued by Bank of England Country Branches except Hull between 1882 and 1889. Date ceased to be legal tender: unknown A particular feature of this note was that it had only one serial number. Colour: Brown and green. Date first issued: Between 1725 and 1745 The new polymer £20 banknote will be issued in 2020, with the portrait of J.M.W Turner printed on it. Size: Approx 8 1/4" x 5 1/4" (211mm x 133mm) Extended the Bank Notes Act 1833 to make Bank of England notes under £5 in value legal tender; act also applied to Scotland, making English 10/- and £1 legal tender for the first time. First Bank of England £1 note to carry portrait of monarch. Design: Issued also by Bank of England Country Branches from 1826. There are four denominations (values) of Bank of England notes in circulation: £5, £10, £20 and £50. Printed by Waterlow Bros and Layton on banknote paper. Size: 7 11/16" x 4 11/16" (195mm x 120mm) £50 - for any amount On 20 February 2020 we issued a new polymer £20 note. Are shops allowed to refuse £50 notes even though they are legal tender - and will we get new polymer ones to beat fakes? Getty Images When do round pounds stop being legal tender? Size: 5 15/16" x 3 5/16" (151mm x 84mm) Design: Bertram Mackennal. Printed by De La Rue & Co on banknote paper. The Bank of England has said that unspent, paper, £20 notes are still legal tender. Together they are worth about £71 billion. Date ceased to be legal tender: 1 August 1933 Stephenson portrayed on reverse; 'windowed' thread. Wholesale cash distribution in the future. New Scottish £10 note isn't legal tender in England OR Scotland ... Carmichael wants to encourage businesses across the UK to recognise and accept Scottish banknotes with his legal tender bill. Colour: Predominantly blue Design: W M Keesey and others. Date ceased to be legal tender: 21 November 2003 Legal tender across the UK. Luckily, there is no need to rush to the nearest shop, reports the Daily Star. Legal Tender Deadlines. The foil is gold on the front of the £5 and £10 notes and blue and gold on the front of the £20 note. The Bank of England banknotes. Date ceased to be legal tender: 31 August 1973 Colour: Black on white (printed on one side only) Size: 5 7/16" x 3 1/16" (138mm x 78mm) Size: 8 1/4" x 5 1/4" (211mm x 133mm) Banknotes issued by the authorised banks in Scotland and Northern Ireland are legal currency throughout the United Kingdom – i.e. Issue of threaded notes in pre-war colour. Notes: In England and Wales the £5, £10, £20 and £50 notes are legal tender for payment of any amount. Size: 5 5/16" x 2 3/4" (135mm x 70mm) In recent years, the UK’s seen new pound coins, £5 notes and £10 notes, with further changes to come. The Bank of England says 94 million paper tenners and 118 million paper fivers haven’t been handed in, even though they can still be exchanged at face value. Size: Approx 7 11/16" x 4 11/16" (195mm x 120mm) S because the Bank of England even if discontinued security thread introduced on 21 July.! Though they are not legal tender from tomorrow there along … legal tender: 28 1962... 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