First scottish £20 Polymer banknote released

First scottish £20 Polymer banknote released

Royal Bank of Scotland has unveiled the design of its first £20 polymer note, which will mark the first time a woman other than the Queen has appeared on the front of a Scottish £20 banknote.

The new note, which features the image of historic Scottish entrepreneur Kate Cranston, was revealed at her iconic tearoom in Glasgow, Mackintosh at the Willow, the original interior of which was designed by Charles Rennie Mackintosh.

The note was designed in partnership with a number of Scottish arts organisations and designers, including Graven Images, Nile, Stucco, Timrous Beasties, O’Street and the Glasgow School of Art.

The £20 is the third in a series of ‘Fabric of Nature’ themed notes made from a De La Rue’s Safeguard polymer material. It will also contain a variety of new security features, which RBS said makes it difficult to counterfeit but easy to authenticate.

In designing the new notes, RBS launched the People’s Money programme and engaged with thousands of people across Scotland through workshops, online communities and polling surveys.

Aa result, ‘Fabric of Nature’ was chosen as the theme. The choice of Kate Cranston to feature on the £20 note was taken by the RBS Scottish Board.

Speaking at the launch, Royal Bank of Scotland’s Scottish board chair, Malcolm Buchanan, said: “At Royal Bank of Scotland, we feel that a banknote’s value is more than just the figure printed across its front – it is our symbol which lives in people’s pockets and touches everyday lives.

“Kate Cranston’s legacy touches so many aspects of Scottish life that we, as a nation, are justifiably proud; entrepreneurialism, art, philanthropy and dedication.

“Choosing the design of the £20 note was an important decision for it is Royal Bank of Scotland’s biggest circulating note, with £736m currently in circulation.

“As such, it is fitting that such a figure as Kate Cranston will be celebrated on the face of our most popular note.”

In keeping with the Fabric of Nature theme, the new £20 features illustrations of red squirrels on its reverse and the blaeberry fruit. It also includes extracts from 16th century Scottish poet Mark Alexander Boyd’s work, Cupid and Venus.

The new note will carry the same exclusive weave pattern developed by textile designers Alistair McDade and Elspeth Anderson for the £5 and £10 polymer notes.

The red squirrels on a tree illustration for the £20 follow mackerel in the sea on the £5, to otters on the shore for the £10.

Jeni Lennox of design agency, Nile HQ, coordinated the development of the design. She said: “The People’s Money project continues to deliver delight with the design release of the third note in the series.

First scottish £20 Polymer banknote released

First scottish £20 Polymer banknote released

“It celebrates the resurrection of the icon of Scottish design in Mackintosh’s original tearoom, the foresight and ingenuity of the enterprising Kate Cranston and the cheeky indigenous survivor in our red squirrel.”

Kate Cranston, from Glasgow, made her mark for her series of tearooms across the city. Her flagship venue at 217 Sauchiehall Street, is celebrated by architects and designers due to the interior designed by Charles Rennie Mackintosh.

The tearooms made a cultural impact during her life due to offering venues where women could enter unchaperoned. Following her death in 1934, her fortune was left to support the poor and the homeless in the city.

Commenting at the launch, Celia Sinclair, Chair of the Willow Tea Room Trust, said: “We are delighted that the image of Kate Cranston is on the Royal Bank of Scotland £20 note. She was a very interesting and intelligent woman, an excellent businesswoman who changed attitudes. The Salon de Luxe, the centrepiece of Mackintosh at the Willow, was a symbol of social change in Glasgow where women began to socialise outside the home.”

RBS has been issuing banknotes since 1727 and has an average of £1.5bn worth of notes in circulation on a single day. The £20 note is the bank’s biggest circulating note, with £736m currently in circulation.

The polymer £20 note is set for issue in 2020 and will follow the £5 polymer note, which was launched in 2016 and features poet Nan Shepherd, and the £10 polymer which was launched in 2017 and includes the portrait of scientist Mary Somerville.

Post Credits: Insider.co.uk

Share this post

Leave a Reply

Your email address will not be published.