We all love talking about our currency, many people collect First Editions, some are always on the look-out for rare coins whilst others treasure the shiny new ones as they come into circulation. No-one can deny that receiving a freshly minted bank note is a great feeling (although in my case I still have no problem spending them!)
In case you have not already heard, a new £5 note will be issued by the Bank of England on 13th September. Made from a new polymer material, and roughly the size of a Euro note, these fivers are designed to retain that crisp new feeling for much longer.
Our modern banknotes have evolved from handwritten paper notes signed by the Bank’s Cashiers in the 17th century, and the latest notes contain a range of complex security features that will make them more difficult to counterfeit. These include:
– A see‐through window and the clearly defined portrait of the Queen
– The Elizabeth Tower (Big Ben) is gold on the front and silver on the back
– The foil patch changes from ’Five’ to ‘Pounds’
– The coronation crown appears 3D
– There is an ultra‐violet feature
Don’t worry if you still have some fivers in your pocket on 13th September, you have until May 2017 to spend them. New £10 and £20 notes are also on the horizon in 2017 and 2020 respectively, so we are at the start of an interesting journey!
Should you have any concerns about how this may affect your vending machines, please do not hesitate to contact us.
For more information, go to www.thenewfiver.co.uk. Image & Video courtesy of www.thenewfiver.co.uk