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Numismatics Channel | 1 British Pound Banknote (One Pound Sterling England: 1966) Obverse & Reverse @helsinkiphoto | Uploaded 7 years ago | Updated 4 days ago
1 British Pound Banknote (One Pound Sterling England: 1966) Obverse & Reverse.
Great Britain 1 Pound (1960-1977) - 1 - Bank of England.
Obverse: Queen Elizabeth II.
Reverse: Bank of England logo: Britannia seated next to a pile of
coins and a shield, holding a spear and a laurel or olive branch.
Watermark: Vertically repeated effigy of Britannia in profile.
Color: Dark Green.
Security features: Watermark, Running serial numbers, Metallic security strip.
Printing method: Intaglio.
Issued by: Bank of England.
Date first issued: 17 March 1960.
Date last issued: 1978.
Date ceased to be legal tender: 31 May 1979.
Designed by: Robert Austin.
Signature: John Standish Fforde (1966-70).
Material: Cotton paper.
Symbol: GBP
Value: 1
Size: 152 x 72 mm
Texts: Bank of England. I Promise to Pay the Bearer on Demand the Sum of One Pound. London, for the Governor and Company of the Bank of England.
Notes: 1 note Withdrawn by the Bank of England in 1988 (but still issued by the Royal Bank of Scotland), Bank of Ireland and still used in some of the Channel Islands.
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The Bank of England, which is now the Central Bank of the United Kingdom, has issued banknotes since 1694. In 1921 The Bank of England gained a legal monopoly on the issue of banknotes in England and Wales, a process that started with the Bank Charter Act of 1844 when the ability of other banks to issue notes was restricted.
Banknotes were originally hand-written; although they were partially printed from 1725 onward, cashiers still had to sign each note and make them payable to someone. Notes were fully printed from 1855. Since 1970, the Bank of England's notes have featured portraits of British historical figures.
Of the eight banks authorized to issue banknotes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender. Bank of England notes are not legal tender in Scotland and Northern Ireland, but are accepted there along with other notes.
All current Bank of England banknotes are printed by contract with De La Rue at Debden, Essex. They include the printed signature of the Chief Cashier of the Bank of England (Victoria Cleland for notes issued since September 2015). All the notes issued since Series C in 1960 also depict Elizabeth II in full view facing left and as a watermark, hidden, facing right; more recent issues also include the EURion constellation. The custom of depicting historical figures on the reverse began in 1970 with Series D, designed by the bank's first permanent artist, Harry Eccleston. The Bank of England Series D 1 note was discontinued in 1984, having been replaced by a pound coin the year before.
The notes currently in circulation are as follows:
5 note depicting Elizabeth Fry, showing a scene with her reading to prisoners in Newgate Prison.
5 note featuring the 1941 Yousuf Karsh photographic portrait of Winston Churchill, a view of the Palace of Westminster, and Churchill's 1953 Nobel Prize for Literature medal.
10 note depicting Charles Darwin, a hummingbird and the HMS Beagle.
20 note, depicting Adam Smith with an illustration of "The division of labour in pin manufacturing". It also includes enhanced security features. This, the first note from the new Series F, entered circulation on 13 March 2007.
50 note depicting Matthew Boulton and James Watt, with steam engine and Boulton's Soho factory.
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1 British Pound Banknote (One Pound Sterling England: 1966) Obverse & Reverse @helsinkiphoto