£50 Note – A Collectors Item?

The new £50 Matthew Boulton and James Watt banknote should come into circulation today. It celebrates two British entrepreneurs and their partnership, that makes the Dragons Den look like amateurs. This is the first time that two portraits have appeared together on a British bank-note, so perhaps the £50 will be a collector’s item… as if we needed encouragement! This new £50 has added security features (though we have not yet reached the point where it requests owner ID information or a retinal scan). Gradually the new note will replace the existing John Houblon note, which will eventually become defunct.