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When does the old £10 note expire and who got the first new note?

PUBLISHED: 13:57 16 November 2017 | UPDATED: 13:57 16 November 2017

The old £10 note will expire next year. Picture: LUCY TAYLOR

The old £10 note will expire next year. Picture: LUCY TAYLOR

The expiry date of the old £10 notes has been revealed by the Bank of England, following the introduction of the new note.

The new polymer £10 banknote was first issued on September 14 to replace the old paper notes, with the new polymer note argued to be stronger, cleaner, safer and harder to counterfeit.

Now, the Bank of England has confirmed that from March 1 2018, the old note will no longer be accepted as payment.

The new £10, which features author Jane Austen as a picture, follows the introduction of the new £5 in September 2016, while a new polymer £20 note is due for introduction in 2020.

A decision is yet to be made on whether new £50 notes will be issued in polymer.

As well as its strength and anti-counterfeit properties, the new note is also believed to last two-and-a-half times longer than paper notes, meaning they are more environmentally friendly.

According to the Bank of England website, the lowest serial number note AA01 000001 was issued to Her Majesty The Queen on September 14, with Prince Phillip, the Prime Minister, Chancellor of the Exchequer, Bank of England Museum, British Museum and Jane Austen Museum among those receiving the first low serial-number notes

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