Search This Blog

Monday 24 May 2021

1859) A Bank of England 10 Shillings Banknote (1961), a pre-decimal issue, since demonetised in 1970, upon introduction of the Decimal Currency:

1859) A Bank of England 10 Shillings Banknote (1961), a pre-decimal issue, since demonetised in 1970, upon introduction of the Decimal Currency

The Bank of England 10 Shillings Banknote was a Banknote of the Pound Sterling

Ten shillings in pre-decimal money (written 10s or 10/-) was equivalent to half of one pound

The ten-shilling Banknote was the smallest denomination Banknote ever issued by the Bank of England.

 The Banknote was issued by the Bank of England for the first time in 1928 and continued to be printed until 1969. The Banknote ceased to be legal tender in 1970 and was removed in favour of the fifty pence coin.

In the 18th and 19th centuries, Banknotes were handwritten or part-printed and could be exchanged, in whole or in part, for an equivalent amount of gold when presented at the bank. 

During the First World War (1914-1918), the British Government wanted to maintain its stocks of bullion and so Banks were ordered to stop exchanging Banknotes for gold. 

One Pound and 10 Shilling Banknotes were introduced by the Treasury in lieu of gold sovereigns. These Banknotes were nicknamed "Bradburys" because of the prominent signature of John Bradbury, Permanent Secretary to the Treasury displayed on the notes.

In 1925,  Britain returned to the gold standard, but the Bank of England was only obliged to exchange notes for gold in multiples of 400 ounces or more.

 The responsibility for the printing of ten-shilling notes was transferred to the Bank of England in 1928, and the right to redeem banknotes for gold ceased in 1931 when Britain stopped using the gold standard.

The first Bank of England ten-shilling notes were two-sided, red, printed banknotes featuring the declaration "I promise to pay the bearer on demand the sum of ten shillings" on the front. This declaration remains on Bank of England banknotes to this day. 

In 1940, during the Second World War, ten-shilling notes were issued in a new mauve and grey colour scheme in order to deter counterfeiters, although the design remained the same. At the same time, a metallic thread running through the paper was introduced as a security feature. 

After the war ten-shilling notes were issued in their original red colour. The earliest post-World War II notes did not have the metallic thread security feature, but those issued from October 1948 onward did.

A 10 Shillings, United Kingdom, Bank of England Banknote issued on 12.10.1961:

A new design for 10/- Shillings Banknotes was introduced in 1961, with the old notes ceasing to be legal tender in 1962. 

These new series C notes were slightly longer and narrower, and were the first 10/- notes with a portrait of Queen Elizabeth II on the Front. The Back design incorporated the logo of the Bank of England.

On the Front the 10 Shillings Banknote featured an effigy of Queen Elizabeth II facing left. Geometric patterns have been incorporated to make counterfeiting difficult for unscrupulous persons. Also seen on this face is the Bank of England logo.

The denomination  "10 SHILLINGS" has been placed at the bottom left and top right corners and in the centre.

The dimensions of this Banknote were - Width 140.00 mm x Height  67.00 mm. 

The colour of this Banknote is predominantly red.

The material used is Cotton paper.

10 Shilling Banknotes were printed from 1928–1969.

In the late 1960s it was decided that future banknotes should feature a British historical figure on the Back in the decimal Banknote Series.

The design date for this Banknote is 12.10.1961.

On the Back of the 10 Shillings Banknote is seen the Bank of England Logo together with geometric patterns.

As on the Front, the denomination "10 Shillings" is printed on the bottom left and top right corners, as well as, lower right.







Links: Postage Stamps from the British Isles: 






















37) Sherlock Holmes, United Kingdom: A set of six stamps issued by Royal Mail, UK featuring the characters of the modern version of a TV Serial "Sherlock" started in 2010 by the BBC, together with Cupro-nickel & Silver Medals minted by the Royal Mint, UK: Date of Stamp Set issue: 18.08.2020














 Posts on the UK  Coins and Stamps:

"Tales of the Earth Coin Series": The Second Dinosaurs Collector Coin Series:

i) Prehistoric Temnodontosaurus, United Kingdom: "Tales of the earth Coin Series": First coin in the "Second Dinosaurs Collector Coin Series" features on Gold, Silver & Cupro-nickel 50 Pence Coin Variants: Date/Year of Coin issue: 25.02.2021 Variants

Myths & Legends Coin Series:

1) "ROBIN HOOD", United Kingdom: "Myths and Legends Coin Series": First Coin in the Series: Silver 2 UKP (2 Pounds) and Gold 100 UKP(100 Pounds) Bullion Coins issued by the Royal Mint UK featuring the famed/legendary Outlaw: Year of Coin issue: 2021

"The Queen's Beasts" Coin Series, UK issues:



"Tales of the Earth - Dinosauria" Coin Series, UK issues:

Links to some other interesting posts from the British Isles and British Overseas Territories/Dependencies:

Central Bank of Ireland issues:





Bank of Ireland issues:


Northern Ireland Bank issues:





Inspirations from Scottish History (Clydesdale Bank Banknotes): 

  

Banknotes from Royal Bank of Scotland:


British Crown Dependencies/Overseas Territories:





  











































Gold Coins:
  


Silver Coins:


British India Coinage:






Other British Royalty: 






 British Coinage:











 Commemorative British Coinage:





The Brixton Pound:

Links: Crypto-Currency Stamps & Coin Posts:

1) Croatian Crypto Stamp - 2, Croatia: A 50 HRK stamp (a combination of the analog and the digital) issued by "Hrvatska Posta" (Croatian Post) in coordination with the Croatian Blochchain community gathered around the Blockchain and Cryptocurrency Association: Date of Stamp issue: 16.12.2020

2) Did You Know Series (49): Dogecoin (DOGE), Blockchain Mint, Singapore: Blockchain Mint has issued Silver DOGE Medals in three variants - i) Silver Dogecoin Cryptocurrency Medal Gem BU, ii) Silver Dogecoin Cryptocurrency Medal Proof-Like in Blister Pak, iii) Dogecoin Cryptocurrency Commemorative Medal Antiqued in Blister Pack: Date of Medal release/shipping: 05/2021

3) Did You Know Series (50): A Guest Post by Avery Wright: "Is Making the Crypto Space Legally Complaint Paving the Road to Mass (Blockchain) Adoption?" - A perspective:

4) Gibraltar Cryptocurrency Stamp: Stamp value 4 Pounds: Date of Stamp issue: 15.05.2021: (Pre-orderd accepted from 19.04.2021):



No comments:

Post a Comment