Banknotes of United Kingdom

The official currency of the United Kingdom is the British pound sterling, issued by the Bank of England. Paper money was first introduced in England in the late 17th century, around 1694. A notable reform occurred in 1970 when the introduction of the 20-pound note featured a new design series, which included various security enhancements. Collectors often focus on the intricate designs of British banknotes, particularly the series released in 1960, which showcased portraits of notable figures like Sir Isaac Newton. The use of holograms and complex printing techniques in modern notes further attracts attention, with the polymer £5 note introduced in 2016 marking a shift in materials used for currency in the UK.