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词条 Bank of England £50 note
释义

  1. History

  2. Future

  3. Designs

  4. See also

  5. Notes

  6. References

  7. External links

{{Use British English|date=September 2018}}{{Use dmy dates|date=September 2018}}{{Infobox banknote
| country = United Kingdom
| denomination = Fifty pounds
| value = £50
| unit =
| width_mm = 156
| height_mm = 85
| security_features = Motion thread, raised print, metallic thread, watermark, microlettering, UV feature, see-through registration device
| paper_type = Cotton
| years_of_printing = 1725–1943;
1981–1994;
1994–2011;
2011–present (current design)
| obverse = Bank of England £50 obverse.jpg
| obverse_design = Queen Elizabeth II
| obverse_designer =
| obverse_design_date = 2 November 2011
| reverse = Bank of England £50 reverse.jpg
| reverse_design = Matthew Boulton and James Watt
| reverse_designer =
| reverse_design_date = 2 November 2011
}}

The Bank of England £50 note is a banknote of the pound sterling. It is the highest denomination of banknote issued for public circulation by the Bank of England.{{efn|name=million|group=note|The Bank of England issues plain notes in the values of £1 million and £100 million for internal use.}} The current cotton note, first issued in 2011, bears the image of Queen Elizabeth II on the obverse and the images of engineer and scientist James Watt and industrialist and entrepreneur Matthew Boulton on the reverse.

History

£50 notes were introduced by the Bank of England for the first time in 1725. The earliest notes were handwritten and were issued as needed to individuals. These notes were written on one side only and bore the name of the payee, the date, and the signature of the issuing cashier. With the exception of the Restriction Period between 1797 and 1821, when the French Revolutionary Wars and the Napoleonic Wars caused a bullion shortage, these notes could be exchanged in full, or in part, for an equivalent amount of gold when presented at the bank. If redeemed in part, the banknote would be signed to indicate the amount that had been redeemed. From 1853 printed notes replaced handwritten notes, with the declaration "I promise to pay the bearer on demand the sum of fifty pounds" replacing the name of the payee. This declaration remains on Bank of England banknotes to this day. A printed signature of one of three cashiers appeared on the printed notes, although this was replaced by the signature of the Chief Cashier from 1870 onwards.[1]

The ability to redeem banknotes for gold ceased in 1931 when Britain stopped using the gold standard. The £50 note ceased to be produced by the Bank of England in 1943 and did not reappear until it was reintroduced in 1981. These D series notes were predominantly olive green on both sides, with an image of Queen Elizabeth II on the front (as with all subsequent £50 notes) and an image of architect Christopher Wren on the back. As a security feature, this note had a metallic thread running through it, which was upgraded to a "windowed" thread from July 1988 onward. The thread is woven into the paper such that it forms a dashed line, yet appears as a single line when held up to the light. The series D note was gradually replaced by the series E, beginning in 1994. This reddish note replaced Christopher Wren with John Houblon, the first governor of the Bank of England, on the reverse. As an additional security feature, these notes had a foil patch on the front.[2]The E revision series didn't have a £50 note.

The current £50 note was introduced in 2011. It features two portraits on the reverse: engineer and scientist James Watt and industrialist and entrepreneur Matthew Boulton, along with the Whitbread Engine and the Soho Manufactory, Birmingham.[3][4] The note has a number of security features in addition to the metallic thread, including motion thread, raised print, a watermark, microlettering, a see-through register, and a colourful pattern that only appears under ultraviolet light.[5] The current note is the first Bank of England banknote to feature two people on the reverse,[6] and the first Bank of England note to feature the motion thread security feature. This is an image in a broken green thread that moves as the note is viewed from different angles.

Future

The Bank of England has issued new £5 and £10 notes in polymer form.[7] In October 2018, the Bank of England announced that the £50 note would be retained, with a new Series G polymer note planned to replace the Series F note at some point after 2020 (and the introduction of the Series G polymer £20 note). The Bank of England has a committee to consider nominations for the face of the new notes via public consultation.[8]

Peter Sands, an advisor to the British Government and former Chief Executive of Standard Chartered, has raised concern with the Bank of England over high denomination notes and their role in tax evasion. He claimed that scrapping the £50, and other high denomination notes such as the CHF 1000 and $100, would reduce financial crime.[9][10]

Designs

Note First issued Last issued Ceased to be legal tender Colour Size Design Additional information
White 1725 1943 16 April 1945 Monochrome (printed on one side only) 211 × 133 mm (may vary)
Series D 20 March 1981 1994 20 September 1996 Predominantly olive green 169 × 95 mm Front: Queen Elizabeth II; Back: Christopher Wren First £50 note to carry a portrait of a monarch and used a 'windowed' security thread (July 1988 onwards)
Series E 20 April 1994 2011 30 April 2014 Predominantly red 156 × 85 mm Front: Queen Elizabeth II; Back: John Houblon Foil patch for additional security
Series F 2 November 2011 Predominantly red 156 × 85 mm Front: Queen Elizabeth II; Back: Matthew Boulton and James Watt
Series G Polymer note

Information taken from Bank of England website.[1][2]

See also

{{Portal|Money|Numismatics|United Kingdom}}
  • Bank of England note issues

Notes

1. ^{{cite web|url=http://www.bankofengland.co.uk/banknotes/Pages/about/history.aspx|title=A brief history of banknotes|publisher=Bank of England|accessdate=28 April 2016}}
2. ^{{cite web|url=http://www.bankofengland.co.uk/banknotes/Documents/withdrawnrefguide.pdf|title=Withdrawn banknotes reference guide|publisher=Bank of England|accessdate=28 April 2016}}
3. ^{{cite news |url=http://www.channel4.com/news/steam-engine-heroes-grace-new-50-banknote|title=Steam engine heroes grace new £50 banknote|work=Channel 4 News|date=30 September 2011|accessdate=13 March 2015}}
4. ^{{cite web|url=http://www.bankofengland.co.uk/banknotes/Pages/current/current_50.aspx|title=£50 Note – Design Features|publisher=Bank of England|accessdate=28 April 2016}}
5. ^{{cite web|url=http://www.bankofengland.co.uk/banknotes/Pages/current/security_50.aspx|title=£50 Note – Security Features|publisher=Bank of England|accessdate=28 April 2016}}
6. ^{{cite news|url=https://www.bbc.co.uk/news/business-15539934|title=New £50 banknote in circulation|work=BBC News|accessdate=28 April 2016}}
7. ^{{Cite news|url=https://www.bbc.co.uk/news/business-34127544|title=Paper banknotes disappearing fast as £20 turns plastic|last=Peachey|first=Kevin|date=2 September 2015|newspaper=BBC News|language=en-GB|access-date=6 January 2017}}
8. ^{{cite web |url=https://www.bbc.co.uk/news/uk-45850135 |title=The £50 note is changing and here's why |author= |date=13 October 2018 |website=BBC News |publisher= |access-date=15 October 2018 |quote=}}
9. ^{{Cite news|url=https://www.bbc.co.uk/news/business-35519884|title=Ban £50 notes to tackle crime, ex-bank chief says|date=8 February 2016|work=BBC News|access-date=6 January 2017}}
10. ^{{Cite news|url=https://www.telegraph.co.uk/business/2016/02/12/scrap-50-notes-to-stop-plumbers-and-builders-avoiding-tax-urges/|title=Scrap £50 notes to stop plumbers and builders avoiding tax, urges government adviser|work=The Daily Telegraph|author= Wilkinson, Michael|date = 8 February 2016|access-date=6 January 2017}}

References

{{Reflist|30em}}

External links

  • [https://www.bankofengland.co.uk/banknotes/Pages/default.aspx Bank of England website]
{{Banknotes of the pound sterling}}{{DEFAULTSORT:Bank of England 50 note}}

2 : Banknotes of England|Fifty-base-unit banknotes

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