Deep violet, purple and black on multicolour underprint. Queen Elizabeth II at right, Bank of England in centre. Holographic foil at left.
Reverse description
Economist, philosopher and writer Adam Smith at left. Workers in pin factory in centre.
Signature(s)
A. Bailey, C. Salmon, V. Cleland,
Protection type
Watermark
Protection description
Queen Elizabeth II with the denomination above her head.
Obverse lettering
£20
Bank of England
I PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF TWENTY POUNDS
THE GOVERNOR AND COMPANY OF THE BANK OF ENGLAND
Twenty Pounds
Reverse lettering
Twenty Pounds
The division of labour in pin manufacturing:
(and the great increase in the quantity of work that results)
Bank of England
Adam Smith 1723-1790