Great Britain
(England, Scotland & Wales)
Bank of England
Currency : Pound Sterling (GBP)
Posted here is the latest £20 note issued with the Chief Cashier's signature of Sarah John. Sarah John was appointed to the role on 01.06.2018. The £20 note is a new issue which was released to the public on 20.02.2020. This is the third of the polymer series since 2016 replacing the current paper banknotes in circulation.
In addition to the £20 note, a £10 note is also issued with the signature of Sarah John. This £10 note is a reprint from the 2017 first issue. I do not have this £10 note yet. There is no chance in design for the £10 polymer note except it's printed with a new signature.
As for the £20, and as expected, the main feature of the note on the front is the portrait of her majesty, Queen Elizabeth the Second together with the Bank of England building. On the larger transparent window, it's showing the Golden Margate lighthouse which was built in 1828 and Turner Contemporary (art gallery in Margate Kent, England) in blue. The design for the smaller window is based on Tintern Abbey in Monmouthshire.
On the back, it depicts an image of Joseph Mallord William Turner 1775-1851 with a backdrop of one of his famous paintings, the Fighting Temeraire. This oil painting was completed in 1838. The portrait William Turner printed on this note came from a self-portrait oil painting completed in around 1799. William Turner was a romantic painter, printmaker and watercolourist. He was born and lived in London all his life.
As mentioned earlier, the signature on the note belongs to Sarah John and this is the first time her signature appears on a banknote.
This £20 note is printed with the copyright©️ date of 2018.
Chief Cashier - Sarah John
Size - £20 (138mm x 73mm)
First Prefix - AA01
Ten pounds (do not have one yet)
Twenty Pounds
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| nd2020 (©️2018), portrait of Queen Elizabeth the Second (portrait dated 1985, aged 59) |
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| Reverse - Joseph Mallord William Turner 1775-1851, the Fighting Temeraire painting |
About 267 pieces of the £20 notes in 139 lots were auctioned off by Spink and Son Ltd in partnership with the Bank of England on 08.04.2020. All these notes are printed with the first prefix of AA01 and with low serial numbers, starting with AA01 000010 to the highest no AA01 002020. In addition to this, a full sheet of uncut 45 was also sold for £15,000. The auction raised a total of £149,960 plus a buyer commission of 20%. All net proceeds raised from the sale are donated to charities. Previous auctions on the £5 and £10, in 2016 and 2017, raised collectively in excess of £450,000 for charities.
Below are some of the results achieved:-
AA01 000010 - £7,500;
AA01 000011 - £2,800;
AA01 000020 - £3,200;
AA01 000028 - £1,400;
AA01 000088 - £3,000;
AA01 000100 - £1,800;
AA01 000999 & 001000 (2 notes) - £1,600
AA01 001794 - £270;
AA01 002016 - £270; and
AA01 002020 - £1,600.
The above prices exclude the hammer's commission of 20%. The lowest price realised for a single note was £270. Only 2 lots sold at that price. If you have bought one or more, congratulations to you.
Recently, it was reported that they are two varieties for the new £20 polymer note. The polymer materials were supplied by two companies, De La Rue and CCL (formerly Innovia). The purple ink surrounding the window is clear on notes with the De La Rue substrate, but slightly mottled in the CCL substrate. The polymer supply contract was split 75/25% between CCL and De La Rue, though all the notes were actually produced by De La Rue.
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