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.
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