Bank of England 10s note Bank of England 10s note The Bank of England 10s note was a banknote of the pound sterling. Ten shillings in pre-decimal money (written 10s or 10/-) was equivalent to half of one pound. The ten-shilling note was the smallest denomination note ever issued by the Bank of England. The note was issued by the Bank of England for the first time in 1928 and continued to be printed until 1969. The note ceased to be legal tender in 1970 and was removed in favour of the fifty pence coin. In the 18th and 19th centuries, banknotes were handwritten or
Bank of England £5 note the only £5 note that is currently legal tender. The old paper series E was withdrawn, following a co-circulation period with both notes being legal tender which ended on 5 May 2017. The Bank of England is responsible for printing and issuing notes to ensure a smooth monetary supply across the United Kingdom. It reports the number of notes in circulation at any given time. As of the end of February 2016, there were £1,645,000,000 worth of £5 notes in circulation, which is equivalent to 329,000,000 individual notes. Table sources from the Bank of England Statistics Bank of England £5