Bank of England issues The New Fiver on Guardian® polymer substrate13 September 2016
London, United Kingdom – The Bank of England’s first Guardian® polymer note – The New Fiver featuring Sir Winston Churchill – enters circulation today, Tuesday 13 September.
The introduction of polymer banknotes allows for a new generation of security features which make it even harder to counterfeit. The note is also resistant to dirt and moisture and so remains in better condition for longer. The strength of the polymer material means that The New Fiver is expected to last at least 2.5 times longer – around 5 years.
The Bank of England has printed 440 million New Fivers ready for issue and they will begin to be available from many cash machines and bank counters across the UK from today. The New Fiver’s security features include:
- Large see-through window containing a clearly-defined portrait image of the Queen with rich tonal range provided by Guardian CAMEO®. This security feature can be seen on the front and the back of the note.
- Coloured-border around the edge of the window next to the £ symbol inside the window on Guardian G-Switch®, both changing from purple to green when the note is tilted. This security feature can also be seen on the front and the back of the note.
- The Elizabeth Tower (Big Ben) shown in gold foil on the front of the note and silver on the back, with an additional silver foil patch at the bottom of the tower with a hologram of the word ‘Five’ changing to the word ‘Pounds’. An extra silver foil patch with an image of the coronation crown which appears 3D on the front and on the back, behind the coronation crown, a circular green foil patch which contains the word BLENHEIM. All foils on the note are made of KINEGRAM COLORS® by KURZ.
- Micro-lettering beneath the Queen’s portrait with tiny letters and numbers that are visible under a microscope and the words ‘Bank of England’ printed in intaglio (or raised ink) along the top of the note.
Victoria Cleland presenting the Churchill War Rooms with their New Fiver.
Commenting on the introduction of The New Fiver, Victoria Cleland, Chief Cashier of the Bank of England said: “The Bank has been working with the cash industry throughout this important and exciting project and we’re grateful for their efforts in making the introduction of The New Fiver a success. We will continue to work with them throughout the transition and are looking forward to the introduction of the Jane Austen £10 note next summer.”
The new polymer £10 featuring Jane Austen, also on Guardian®, will be followed by the J.M.W. Turner polymer £20 note by 2020.
Further details about The New Fiver can be found on www.thenewfiver.co.uk.
For more information:
T +61 408 455 468