The Bank of England issued a new five pound note this month. The new fiver features the face of former Prime Minister Sir Winston Churchill on its reverse side, but that is not the most noticeable change. The newly issued note is printed on plastic polymer, making it the first legal tender to be printed on plastic in England and Wales. Eventually, the Bank of England intends to switch all of our currency notes from paper to plastic, because plastic enables them to include better anti-counterfeiting measures.
There are ten major anti-counterfeiting measures employed on the new five pound note, some of which were just not possible to include in a paper note.
These impressive features should give the counterfeiters a real headache! Don't worry if you still have some of the old paper five pound notes; you have until May next year to spend them and banks will continue to change them for new ones after that date.
At Coda Plastics Ltd, we know that plastic is an extremely useful and versatile material. We're not at all surprised that the Bank of England is switching to polymer notes. If you have an idea that could be realised in plastic, then get in touch by calling us on +44 1692 501020 or emailing email@example.com.
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