Bank of England note issues Queen Elizabeth II agreed to allow the use of her portrait on the notes. The Series C £1 note was withdrawn on 31 May 1979. On 9 February 1978 the Series D design (known as the "Pictorial Series") featuring Sir Isaac Newton on the reverse was issued, but following the introduction on 21 April 1983 of the £1 coin, the note was withdrawn from circulation on 11 March 1988. The first Bank of England £5 note was issued in 1793 in response to the need for smaller denomination banknotes to replace gold coin during the French Revolutionary Wars. (Previously the
Hong Kong one thousand-dollar note 1988, a lighter shade of gold was used by the HSBC as the previous selection of colour was overly dark. The same change could also be seen on the twenty-dollar note and the one hundred-dollar note of HSBC during this decade. As the date of the transfer of sovereignty over Hong Kong was approaching, the two note-issuing banks modified their design in 1993 to tune down the British elements. In 1994, the Bank of China joint in as a note-issuing bank and had its own notes printed. Changes of design were made in the year 2003 and subsequently in 2010