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British 50 Pounds
The pound sterling is the official currency of the United Kingdom, Jersey, England, the Isle of Man, Gibraltar, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The pound was a unit of account in Anglo-Saxon England, and its origins date back to the reign of King Offa of Mercia (757–796). Almost 50 years after the Bank of England was founded in 1694; the first banknote was printed in denominations of £10 notes in 1759, followed by £5 in 1793 and £1 and £2 in 1797. In 1855, a new series was introduced in denominations of £5, £10, £20, £50, £100, £200, £300, £500, and £1000. Already in more recent times, The Bank of England introduced a polymer banknote series in denominations of £5 in 2016, followed by £10 in 2017, £20 in 2020, and £50 in 2021. The Bank of England oversees the monetary policy of the pound sterling and regulates the amount of money in circulation. Official currency symbol: £/p (pre-decimal).
The 50 British pound note front design features the portrait of Queen Elizabeth II (Queen of the United Kingdom and 15 other commonwealth realms), on a background with line pattern and replications number fifty in the lower right; at the center is an illustration of the Bank of England, and the Bank of England seal on the lower right corner. The reverse of the note presents the portraits of Matthew Boulton (1728 – 1809 English businessman) and James Watt (1736 – 1819 English engineer and scientist), who partnered in 1775 to develop and commercialize steam engines, and whose designs were adopted throughout the world, even today the metric unit of power is named after James Watt; Among the portraits is a design sketch of the Whitbread Engine steam engine, built-in 1785 by the Boulton & Watt company; In the background is a picture of the Soho factory that was used to build machinery. This note is part of the 2020 series, and its color is red-brown.
Text: Bank of England, I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF FIFTY POUNDS, Fifty Pounds, BLENHEIM, LONDON FOR THE GOVERNOR AND COMPANY OF THE BANK OF ENGLAND, CHIEF CASHIER, I sell here, Sir, what all the world deserves to have – POWER, MATTHEW BOULTON 1728 – 1809, I can think of nothing else but this machine, JAMES WATT 1736 – 1819, £50.
|Country banknote denominations||
5, 10, 20, 50
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