What Are the Bills and Coins Used in the British Money System?

What Are the Bills and Coins Used in the British Money System?

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.

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.