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Get A First Look At The New King Charles Banknotes At This New Exhibition


A stack of £10 notes featuring King Charles III in production

They’re due into circulation later this yr © Financial institution of England

What is going to the brand new King Charles banknotes appear like? An exhibition opening in February provides a preview of the brand new designs, earlier than they enter circulation.

The Way forward for Cash on the Financial institution of England Museum seems at how cash is more likely to evolve sooner or later, via subjects resembling digital currencies, the longevity of money… and whether or not the tooth fairy may quickly be out of a job. In brief, it goals to ‘reply the questions which might be most frequently fired on the Financial institution of England’.

Unsure what phrases resembling ‘blockchain know-how’, ‘cloud computing’, ‘cryptoassets’ or ‘Bitcoin’ even imply? All is defined within the exhibition, with no prior monetary experience required. There’s additionally a deep dive into how banking may be made extra moral and sustainable.

A gold bar

A Roman gold bar is among the many displays. © Financial institution of England

The exhibition seems again in addition to forwards to clarify how cash has advanced over centuries. Objects on show embody a Roman gold bar, a tally stick from 1824 to report cash owed, and a pre-paid debit card designed by the Alzheimer’s Society, to assist individuals dwelling with dementia to remain financially impartial.

Chinese language fortunate crimson envelopes containing cash, have historically been given on particular events, however a number of apps now supply digital crimson packets as an alternative, demonstrating how society is shifting away from money.

A £5, £10, £20 and £50 note, each depicting King Charles III.

The complete assortment of King Charles notes might be on show for the primary time © Financial institution of England

Maybe most fun although, is an opportunity to get an early glimpse on the freshly-designed King Charles polymer banknotes, in £5, £10, £20 and £50 denominations — earlier than they go into common circulation later this yr. How lengthy they will final for, although, stays to be seen: In 2011, 55% of funds within the UK have been made in money, dropping to fifteen% in 2021, which means that the way forward for cash may look very totally different.

The Way forward for Cash on the Financial institution of England Museum opens 28 February 2025-September 2025. Entry to the exhibition, and the museum as a complete, is free, no reserving required.



Source : https://londonist.com/london/museums-and-galleries/new-king-charles-banknotes-bank-of-england-museum

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