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The 50 pound banknote is an impressive piece of currency, with several security features that make it difficult to counterfeit.
It measures 130 x 65 mm in size, making it slightly larger than a standard credit card.
The note features a hologram strip that appears 3D when tilted, giving it a unique and eye-catching effect.
This strip is embedded with intricate designs and patterns that are extremely difficult to replicate.
One of the most notable features of the 50 pound banknote is the raised print of the bank of England's signature.
For another approach, see: Twenty-baht Banknote
Key Security Features
The £50 note has some clever security features to help you tell if it's real or fake.
Tilt the note from side to side and check the words 'Fifty' and 'Pounds'. You'll notice the words change as you tilt the note.
The two gold foil squares on the front of the £50 note are another key feature to look out for. When you tilt the note, the images within these squares change between '50' and a '£' symbol.
History and Design
The 50 pound banknote has a rich history, with the first design being issued in 1725. This monochrome note was printed on one side only and measured 211 × 133 mm, although the size may have varied.
The designs of the 50 pound banknote have changed significantly over the years, with each series introducing new features and security measures. The first note to carry a portrait of a monarch was the Series D note, issued in 1981.
Here are the key features of each 50 pound banknote series:
History and Design
The new-style 50 pound note has a unique feel to it, thanks to the special paper it's printed on. You can actually feel raised print in areas like the words 'Bank of England' and the bottom right corner, around the number 50.
The printed lines and colours on the note are incredibly sharp and clear, with no smudges or blurred edges to be found.
History
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History has a profound impact on design, shaping the way we think about aesthetics, functionality, and user experience.
The ancient Egyptians, for instance, developed a sophisticated understanding of proportion and balance, evident in the majestic architecture of their temples and tombs.
Greek and Roman designs often featured classical elements like columns, arches, and domes, which have been emulated in various forms of architecture and art throughout history.
The Industrial Revolution brought about significant changes in design, as mass production techniques allowed for the widespread adoption of standardized shapes and forms.
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Designs
Designs have undergone significant changes over the years.
The first £50 note was issued in 1981, part of the Series D, and featured a predominantly olive green color.
These notes were also notable for being the first to carry a portrait of a monarch and used a "windowed" security thread.
The Series E notes, introduced in 1994, were predominantly red and featured a foil patch for additional security.
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These notes measured 156 × 85 mm and had Queen Elizabeth II on the front and John Houblon on the back.
The Series F notes, issued from 2011, were notable for being the first to feature Matthew Boulton and James Watt on the back.
The Series G (I) notes, issued in 2021, featured a predominantly green color and had Alan Turing on the back.
These notes were also notable for being the final series to feature the late Queen Elizabeth II.
Here's a brief overview of the different series and their characteristics:
Alan Turing Honoured on New Banknote
Alan Turing, a renowned computer scientist and mathematician, has been featured on the back of the Series G (I) banknote, issued in June 2021. This note marked a significant milestone in British history, as it was the first time Turing's image appeared on a UK banknote.
Turing's contribution to the development of computer science is well-documented, and his legacy continues to inspire new generations of scientists and engineers.
The Series G (I) banknote features a portrait of Queen Elizabeth II on the front, while Alan Turing's image is displayed on the back, making it a unique and significant addition to the UK's currency.
Here are the key facts about the Series G (I) banknote:
The Series G (I) banknote is a testament to Turing's enduring impact on British history and culture, and it serves as a reminder of the importance of celebrating the contributions of individuals who have shaped our world.
Production and Use
As of 2019, the £50 note was not widely used in the UK.
Its lack of common handling has led to some retailers refusing it for payment.
The Bank of England has been advised by Peter Sands, a former Chief Executive of Standard Chartered, to consider scrapping high denomination notes like the £50 note to reduce financial crime.
Peter Sands has specifically mentioned the £50 note and other high denomination notes like the 1000 Swiss francs, €500 and 100 United States dollars as being used for tax evasion.
Frequently Asked Questions
Are 50 pound notes still valid?
No, £50 paper notes are no longer valid for use in circulation, but you can deposit or exchange them at your bank, the Post Office, or the Bank of England.
Are 50 pound notes worth anything?
The value of a £50 note depends on its serial number and condition, with rare notes potentially selling for thousands of pounds. However, most £50 notes are not worth a significant amount, unless they have a unique or early serial number.
Sources
- https://currencyguide.eu/gbp-en/50gbp-en.html
- https://www.bankofengland.co.uk/banknotes/polymer-50-pound-note
- https://en.wikipedia.org/wiki/Bank_of_England_%C2%A350_note
- https://www.bankofengland.co.uk/news/2021/march/the-new-50-note-unveiled
- https://www.cwi.nl/en/news/new-fifty-pound-british-banknote-honours-computer-pioneer-alan-turing/
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