Q:

What are the bills and coins used in the British money system?

A:

Quick Answer

The British bills used in the country's monetary system are the 5 pound note, the 10 pound note, the 20 pound note and the 50 pound note. The coin denominations of pence are the penny, 2 pence, 5 pence, 10 pence, 20 pence and 50 pence. The 1 pound and 2 pound denominations are also coins. One hundred pence is equal to one pound.

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Full Answer

All of the bills feature images of Queen Elizabeth. In addition to having the different numbers on the bills, each bill is a different color, allowing to distinguish them more easily.

The 5 pound and 10 pound notes have holograms on the front of the note where the foil patch is. When the note is tilted, the image changes from a brightly colored picture of Britannia to the number that represents the monetary amount of the bill.

The 20 pound note has a holographic strip that contains alternating images. One hologram image is Adam Smith, while others show a multicolored pound symbol and the number 20. The number is also positioned just to the right of the signature of the Chief Cashier on each note. The bill has a see through register. When held to the light, colored irregular ships appear from the front and back creating the pound symbol.

The 50 pound note also has a watermark and see through register. The watermark appears as an image of the Queen's portrait and a bright £50. The see through register on this note also shows colored irregular shapes that form the pound symbol.

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