Bank of England note issues was decided to replace the 10/- note with the 50p coin. The ten-shilling note was withdrawn from circulation on 20 November 1970 following the introduction on 14 October 1969 of the fifty pence coin. The first Bank of England £1 note was issued on 2 March 1797 under the direction of Thomas Raikes, Governor of the Bank of England, and according to the orders of the government of William Pitt the Younger, in response to the need for smaller denomination banknotes to replace gold coin during the French Revolutionary Wars. The Bank of England's first £1 note since 1845 was
Bank of England £20 note Images on the reverse of the Turner note will include a c.1799 self-portrait of Turner, a version of Turner's "The Fighting Temeraire", the quote "Light is therefore colour" from an 1818 lecture by Turner, and a copy of Turner's signature as made on his will. Information taken from Bank of England website. Bank of England £20 note The Bank of England £20 note is a banknote of the pound sterling. It is the second highest denomination of banknote issued by the Bank of England. The current cotton note, first issued in 2007, bears the image of Queen Elizabeth II on