When the Bank of England decided to replace economist Adam Smith on
the £20 note scheduled to enter circulation by the
end of the decade, it called on the public to nominate whom his
replacement should be.
The criteria for inclusion were that (1) the subject must come from
the world of the visual arts who helped to shape British thought,
innovation, leadership, values, and society; (2) could not be
fictional; and (3) could no longer be alive. During a nomination
period lasting from May 19 to July 19, 29,701 nominations were made,
naming 592 eligible visual artists.
Among the candidates are fashion designer Alexander McQueen,
sculptor Barbara Hepworth, author Beatrix Potter, architect and
designer Charles Rennie Mackintosh, painters John Constable, Thomas
Gainsborough and JMW Turner, James Bond film producer Albert R.
Broccoli, actor Laurence Olivier, wax sculptor Marie Tussaud, and
Benedetto Pistrucci, chief engraver at the Royal Mint and creator of
the St. George and the Dragon design used on the English sovereign.
The full list, inexplicably arranged in alphabetical order by first
name, is on the Bank of England’s website.
According to the bank, the final decision will be based on the
strength of the nominee’s contribution and not on the number of times
he or she was nominated. The bank will conduct a small number of
public focus groups to give its advisory committee an understanding of
likely public views. This should help it to both identify characters
who would have strong public appeal and rule out some that may be
divisive. It will also help discount the possibility that the
nominations “could be unduly influenced by a particular segment of society.”
The committee will then reduce the initial list to a final one. Mark
Carney, the bank’s governor, will choose from that list.
At the same time, the bank also announced that all future bank
notes, starting with the Winston Churchill £5 polymer note in 2016,
will include symbols representing all four of the home nations
(England, Scotland, Wales, and Northern Ireland). This decision came
after discussions with the first ministers of Wales, Scotland, and
Northern Ireland. The symbols will be released at the same time as the
unveiling of the new note next year.
Economist and philosopher Adam Smith is depicted on the back of the
current £20 note from the Bank of England.
Existing Bank of England notes all depict Queen Elizabeth II on the
face, as the reigning monarch of Great Britain.
More from CoinWorld.com:
reports website problems during sale of Eisenhower Coin and
Liberty Cap, Reeded Edge cent surfaces after more than five
decades in hiding from numismatic world
performance: Dwight D. Eisenhower Coin and Chronicles set sells
out in 15 minutes
confirms, grades first example of 1926 Winged Liberty Head,
Doubled Die Obverse dime
a $150,000 starting bid turn into a $400,000 final price:
Keep up with all of CoinWorld.com's news and insights by signing
up for our free eNewsletters, liking
us on Facebook, and following us on Twitter. We're also on Instagram!