The hidden symbols and codes on banknotes

Bank Of England Unveils Jane Austen Ten Pound Note

You handle them every day, and you probably imagine that you know your banknotes reasonably well.

But while there's every chance you know that Winston Churchill is on the new £5, Jane Austen on the new £10 and Charles Darwin on the old one - the notes are actually packed with messages and images - both clear and hidden - that we've never spotted.

SEE ALSO: New Jane Austen £10 - the valuable notes to look out for

See also: Is there a mistake on the new £10 note?

We reveal 15 quirky facts about the hidden images and codes on banknotes.

1. A new study, by FXTM, highlights that around the portrait of each famous person is imagery from their life. On the new £5 note, for example, Winston Churchill, appears in front of the Nobel Prize for Literature he won in 1953.

2. A more hidden bit of imagery on the £5 note is that Big Ben is showing the time of three o'clock. This represents the time in May 1940 when Churchill made his famous speech containing the phrase "I have nothing to offer but blood, toil, tears and sweat."

new £5 note

3. The £5 note also features a circular green foil patch with the word Blenheim written inside - reflecting the fact that Churchill was born in Blenheim Palace. The design and the foil are deliberately designed to fox counterfeiters.

4. Another hidden feature of the note appears around where the denomination is written - in this case the word Five. To the naked eye it looks like it is surrounded by dots in a diamond shape, under a magnifying glass those dots are zeros, fives and the word 'five' written over and over in tiny letters.

5. On the new £10 Jane Austen note, there are actually three women: the Queen, Jane Austen, and an illustration of Miss Elizabeth Bennet, the lead character in Pride and Prejudice.

Jane Austen bank note

6. The stately home on the £10 note isn't technically from any of Austen's novels - and wasn't somewhere she lived. It's Godmersham Park, her brother's house. She was a regular visitor, so people have speculated that it was the inspiration for a number of her novels.

7. On the Austen £10, there are also two images of Winchester Cathedral, where Austen is buried: the gold foil version on the front of the note is designed as a security feature.

8. There a number of other illustrations on the £10 note designed as security features - including a quill which changes colour from purple to orange, and a mini book-shaped copper foil patch, which contains the letters JA.

Jane Austen bank note

9. The quote on the Jane Austen note: "I declare after all there is no enjoyment like reading!" seems apt for the author, until you know a bit more about it. It's spoken by Miss Bingley in Pride and Prejudice, who has no interest in books at all, and is just trying to impress Mr Darcy.

10. The really clever stuff on the UK banknotes, meanwhile, is often hidden from view. One of these features is a set of circles on each note - often hidden in the design. The exact position of these circles acts as a coded message. Photocopiers by law have to be able to identify those codes, so that if someone tries to print a colour copy, instead they get a printout of a message on counterfeiting - in several languages. This has not been confirmed by the Bank of England, but was revealed in a BBC study a few years ago.

Jane Austen bank note

11. The same piece of work asserted that there was a hidden digital watermark on the notes too, invisible to humans but detected by editing programmes. This has also not been confirmed by the authorities, but would explain why editing software is unable to alter images of the banknotes.

12. The Euro banknotes, meanwhile, feature a number of bridges. These aren't real bridges at all - as it would be difficult to favour one in a particular country over a bridge elsewhere - so they are just stylised illustrations.

13. The bridges on Euro notes are supposed to symbolise communication between the people of Europe and the rest of the world.

European Currency

14. Many of the Euro notes also feature open doorways, windows and archways. Again, these aren't real constructions, they are meant to symbolise the European spirit of openness and cooperation.

15. Perhaps the feature that will mean the most to people is on one single £5 note. Back in December artist Graham Short engraved five of the new Churchill £5 notes with a tiny picture of Jane Austen, plus a quote - making them worth tens of thousands of pounds. One was given to the Jane Austen Centre, and four were released into circulation. One of the notes is still out there, with the serial number AM 32 885554.

Incredibly valuable coins
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Incredibly valuable coins
This Australian coin was the first half crown minted under Edward VII. The price for a Melbourne coin in good condition is particularly high because around half of them were produced with faults. It’s now worth £7,500 and has risen in value some 13,789% since it was first in production

The only half crown on the list gets its position from its rarity value. However, the fact this is a silver coin rather than a gold one does affect its value - so it’s worth £10,500. It’s significantly less than others on the list - but it has still appreciated 79,445%.

This is the newest coin in the top ten, and the first year that sovereigns were produced featuring the Queen. The coin was produced in small numbers for investors - rather than for circulation - so is thought to be worth £12,500, due to its rarity.
This is another collectable gold coin prized for its rarity value. It’s worth £15,000 today and has appreciated 191,716%
This was issued in very small numbers, as it was produced during WWI. As a result, few are available - especially as uncirculated coins - so one in good condition will fetch £16,000.
This is another coin prized for its rarity, thanks to a relatively low number being minted, and more being taken out of circulation during WWI. It’s now thought to be worth £17,000 after appreciation of 42,084%.
This 1926 coin has shot up in value and is now worth £31,500. The rise in value is partly to do with a very low mintage, and partly to do with the fact that people were asked to hand their sovereigns over to be melted down during WWI, which took many of them out of circulation.
This brass threepence from 1937 has benefited enormously from the fact that Edward didn’t stick around for long to get too many coins struck in his image before he abdicated. It is now worth £45,000.
This 1933 penny has seen a stunning appreciation in value and is valued at a whopping £72,000 today. The value is due entirely to rarity. Only around seven British versions of this coin were minted, and were intended for the King to bury under the foundation stones of new buildings. They have been subject to theft, and a few are said to be in private hands now.
This isn’t the oldest coin in the list, but it was produced in a year when all gold coins were recalled and exchanged for paper money - so the vast majority were melted down. Its rarity and popularity puts it head and shoulders above the rest. It is worth an eye-watering £6,500,000, and has increased in value 2,178,885% since it was produced.

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