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The new polymer £10 note will go into circulation on Thursday, 14 September.
Featuring the face of author Jane Austen, the plastic note is the first British bank note with tactile information for blind and partially sighted people.
Like last year’s new five pound note, the new, slightly smaller note is made from durable polymer and will survive the washing machine.
Here’s everything you need to know about the new tenner:
Why is this note better?
Not only can you spill coffee on it, leave it in your jeans pockets and put it through the washing machine, the note is more accessible to disabled people and has new security features.
A series of raised dots will help the blind and vision-impaired to distinguish between different values of notes, while a transparent window and a gold foil Big Ben make the notes harder to counterfeit.
The note also features also “micro-lettering” beneath the Queen’s portrait with tiny letters and numbers that are only visible under a microscope, a quill which changes from purple to orange and a hologram of the coronation crown which appears 3D and multi-coloured when the note is tilted.
Why is Jane Austen on it?
Jane Austen is the 19th century author who brought us the famous romance between Mr Darcy and Elizabeth Bennet with the classic novel Pride & Prejudice, as well as many more sharply satirical books set in Georgian England.
This July marked the 200th anniversary of her death. Austen was buried in Winchester Cathedral in 1817 and wrote many of her best-known works in the village of Chawton in Hampshire.
“Ten pounds would have meant a lot to Jane Austen, about the same as 1,000 pounds would mean to us today,” Bank of England Governor Mark Carney said at the launch of the new note in Winchester. Austen received a 10 pound publisher’s advance for her first novel.
Fans of the novelist were both angry and amused when it was announced the note which bears the quotation ‘I declare after all there is no enjoyment like reading!’ The quote is from a much-despised character in Pride & Prejudice who is simply trying to impress a potential suitor.
Is it vegetarian-friendly?
Unfortunately for vegans, the new tenner contains traces of animal fat, otherwise known as tallow, just like last year’s new fiver did.
The new £20 note, expected in 2020, is also likely to be manufactured using animal fat.
What’s the cost?
For consumers, the new ten pound note is worth a tenner, obviously. But adapting bank cash machines, rail ticket machines, self-service tills and other vending machines to cope with the new note could cost up to £236 million, according to CMS Payment.
When will old paper tenners stop being legal tender?
The existing ten pound notes, which feature Charles Darwin, will cease to be legal tender in the first half of next year. The exact date will be announced at least three months in advance.
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