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 2016, with an initial print run of 440 million notes (worth £2.2 billion), over the period of co-circulation. It was announced that there would be a co-circulatory period with the old series E notes, and then on 5 May 2017, the series E would cease to be legal tender. However, as with all Bank of England notes, they can be exchanged at face value at any time in the future. In November 2016 there was controversy when the Bank of England confirmed that the new notes contain traces of tallow in the new notes. According to an online petition on