Bank of England 10s note pence coin was introduced as a replacement for the ten-shilling note. The principal reason for the change was economy: the notes had an average lifetime of about five months whereas coins could last at least fifty years. The series C ten shilling notes ceased to be legal tender on 22 November 1970. In the Isle of Man, both the English and Manx Ten Shilling Notes continued to be legal tender for fifty new pence until 2013. Information taken from Bank of England website. Bank of England 10s note The Bank of England 10s note was a banknote of the pound
Bank of England note issues will. On 13 October 2018, the Bank of England announced that the next £50 note will be printed on polymer, rather than cotton paper. Members of the public have been invited to nominate a scientist to feature on it. The Bank of England has not always had a monopoly of note issue in England and Wales. Until the middle of the 19th century, private banks in Great Britain and Ireland were free to issue their own banknotes, and notes issued by provincial banking companies were commonly in circulation. Over the years, various Acts of Parliament were introduced by the Parliament