On 18 July the Bank of England (BOE) unveiled, at Winchester Cathedral, the new £10 polymer banknote. It will be issued on 13 September. The note is the second in the world to feature a KINEGRAM COLORS® (KC) registered foil stripe provided by KURZ.
The BOE has continued to use holograms as one of the primary security features, building on the previous £10 paper based banknote (which used a patch hologram, also supplied by KURZ), to the incorporation of the KC stripe for the new £10 and £5 launched last year (see HN June 2016).
The new £10 retains the portrait of Her Majesty the Queen on the front of the note, whilst the 18th century author Jane Austen appears on the back. A large clear window features on the note. Applied over this window – alongside the image of Her Majesty – is the bright KC foil stripe containing a fine metallic image of Winchester Cathedral (where Jane Austen is buried), which can be seen from both sides of the note – gold on the front and silver on the back.
Some Holography News® readers may remember that KURZ demonstrated the KC technology at last year’s Banknote Conference in Washington DC. According to KURZ, the main advantages of the KC technology are enhanced optical appearance, enhanced design integration, and enhanced security. Two further banknotes using this innovative technology will be issued later in 2017.
The incorporation of the KC stripe into the £10 is the second time for a banknote to deploy this feature after careful evaluation by the BOE. Like the polymer £5, KURZ has ‘raised the technical bar’ again, as the new KC single foil stripe is in three sections and incorporates three different metallic colours (silver, gold and copper) in perfect front to back register.
On the front of the note, a finely-detailed, bright metallic image of Winchester Cathedral is positioned inside the window. The cathedral is see-through via demetallisation, and is gold on the front of the note and silver on the back in perfect register.
In addition, the £ symbol – which resides under the finely demetallised cathedral – is silver on the front and copper on the back in perfect register. When the note is tilted, colours are seen to radiate in and out from a point near the centre of the cathedral.
Located above the window is a silver image of the coronation crown. It exhibits a 3D ‘Surface Relief’ effect that can be seen, with multiple colours in the background, distinctly moving up and down when the note is tilted.
Below the window is a second silver area shows an image flip between the words ‘Ten’ and ‘Pounds’, together with a multi-coloured rainbow effect.
On the back of the note, behind the coronation crown on the front, a second clear window in the shape of a book showing the foil stripe appearing in copper. The foil’s colour also serves to accentuate the opaque white letters JA in the banknote substrate.
The banknote is printed by De La Rue on the polymer substrate Guardian® provided by CCL Security (formerly Innovia), which signed a contract with the BOE in 2014 to supply substrate for both the £5 and £10.
This latest polymer note introduction follows on a number of recent polymer successes that includes the New Zealand ‘Brighter Money Series’, the Canadian banknote series and the Reserve Bank of Australia’s latest series.
Other security features in the note include a see-through feature, UV features, microtext, a coloured quill around the window edge on the front and back of the note that changes colour from purple to orange, raised intaglio print, and a tactile feature comprising raised dots for the blind and partially sighted.
The BOE has rolled out an online training course titled ‘Take a Closer Look’ that highlights the security features on BOE banknotes. The online course can be used to check that all current banknotes are genuine.
Victoria Cleland, the Bank’s Chief Cashier, said: ‘the new £10 note marks the next exciting step in our introduction of cleaner, safer, stronger polymer banknotes, and I am grateful to the cash industry for their work towards a smooth transition. I am delighted that the Jane Austen £10 note incorporates an innovative tactile feature, which I hope will greatly benefit blind and partially sighted users.’
The paper £10 note will be removed from circulation in spring 2018. The new polymer £20, portraying the artist JMW Turner, will be introduced by 2020.