See the related link below.
The Bank of England advises that the Sir Edward Elgar style Twenty Pound note was withdrawn on the 30th of June, 2010. After the 30th of June, most banks, building societies and Post Offices will accept the old notes for deposits and other transactions for a few months. Exchange of notes, other than for transactions and deposits is at the discretion of the institution concerned. There is no obligation on banks to accept the old notes. The Bank of England further advises that - Genuine Bank of England notes that have been withdrawn from circulation retain their face value for all time and can be exchanged at the Bank of England in London. There is no fee for this service. See the link below.
As a security measure to foil counterfeiters, the Bank of England redesigns its banknotes periodically, introduces the new note and eventually withdraws the old note.
Edward Elgar is featured on the £20 note because he is one of Britain's most celebrated composers, known for works such as the "Enigma Variations" and "Pomp and Circumstance." The Bank of England chose him to honor his contributions to music and British cultural heritage. His inclusion on the note reflects the bank's commitment to recognizing influential figures in the arts and sciences. Elgar's legacy continues to inspire musicians and audiences worldwide.
Edward Elgar £20 notes are legal tender in the UK and can be used for everyday transactions like shopping or paying bills. However, they can also be collected as a form of currency memorabilia, given their limited circulation and design. If you have them, you can spend them, save them, or even exchange them at a bank if needed. Always check their condition, as collectors may value uncirculated notes more highly.
a HAMMER!
The Bank of England advises that the Sir Edward Elgar style Twenty Pound note was withdrawn on the 30th of June, 2010. After the 30th of June, most banks, building societies and Post Offices will accept the old notes for deposits and other transactions for a few months. Exchange of notes, other than for transactions and deposits is at the discretion of the institution concerned. There is no obligation on banks to accept the old notes. The Bank of England further advises that - Genuine Bank of England notes that have been withdrawn from circulation retain their face value for all time and can be exchanged at the Bank of England in London. There is no fee for this service. See the link below.
As a security measure to foil counterfeiters, the Bank of England redesigns its banknotes periodically, introduces the new note and eventually withdraws the old note.
The short answer is no. The Elgar Twenty Pound note was withdrawn from circulation on 30-June-2010 and the grace period has long since expired. The Bank of England will always honour withdrawn banknotes. See the link below for instructions.
Sir Edward Elgar and the queen
The majority of the Edward Elgar Twenty Pound notes all have around the same value for an uncirculated note. The notes that have a significantly higher value are "Cypher Notes" issued for the Millenium, the Queen Mothers 100th Birthday, the Queens Golden Jubilee and other commemorative occasions. The value of these notes is further increased by the inclusion of a gold or silver proof crown in the presentation package.
The first Bank of England Twenty Pound note was issued in 1725. The first Bank of England decimal Twenty Pound note was issued in 1970.
Edward Elgar is featured on the £20 note because he is one of Britain's most celebrated composers, known for works such as the "Enigma Variations" and "Pomp and Circumstance." The Bank of England chose him to honor his contributions to music and British cultural heritage. His inclusion on the note reflects the bank's commitment to recognizing influential figures in the arts and sciences. Elgar's legacy continues to inspire musicians and audiences worldwide.
The "grace period" for the Elgar Twenty Pound note is well over, however, the bank with which you hold an account may accept them at their discretion, although there is no obligation on them to do so. Failing that, the Bank of England has a stated policy of accepting their old withdrawn banknotes and replacing them with an equivalent value of current banknote.
The Bank of England currently issues Five Pound, Ten Pound, Twenty Pound and Fifty Pound notes for Britain, plus a variety of banknotes for a number of other countries.
The older style £20 note featuring Sir Edward Elgar on the reverse is still in circulation with the newer style note featuring Adam Smith on the reverse. The older style note will be progressively withdrawn from circulation and the date when its legal tender status ends will be announced.
Edward Elgar £20 notes are legal tender in the UK and can be used for everyday transactions like shopping or paying bills. However, they can also be collected as a form of currency memorabilia, given their limited circulation and design. If you have them, you can spend them, save them, or even exchange them at a bank if needed. Always check their condition, as collectors may value uncirculated notes more highly.
The Bank of England Series E Twenty Pound note featuring Michael Faraday was first issued in June 1991. It was last issued in 2000 and ceased to be legal tender in February 2001.