1961 Bank of England £5 Banknote – Blue Lion Design | P#372a
This 1961 £5 banknote from the Bank of England represents one of the most iconic pre-decimal issues of British currency. Introduced during the early 1960s, it was part of the “Lion and Britannia” series that defined mid‑20th century English banknote design. The note is distinguished by its bold blue colour scheme and the prominent depiction of Britannia, a symbol of national strength and continuity. Printed by the Bank of England’s own presses, it circulated widely until being withdrawn in the early 1970s, just prior to decimalisation. Its large format, intricate engraving, and historical significance make it a cornerstone piece for collectors of British banknotes.
Key Specifications
Attribute Details
Issuer Bank of England
Denomination Five Pounds (£5)
Year of Issue 1961
Pick Number P#372a (Standard Catalog of World Paper Money)
Dimensions Approx. 159 × 90 mm
Material Paper, intaglio printed
Watermark Portrait of Britannia
Printer Bank of England Printing Works
Design Overview
Obverse: Deep blue on multicolour underprint featuring Britannia seated with shield and trident, flanked by ornate scrollwork and the denomination prominently displayed.
Reverse: Stylised lion within a decorative frame, with intricate guilloche patterns and repeating denomination motifs.
Security Features: Watermark of Britannia, unique serial number sequences, and fine line engraving to deter counterfeiting.
Collector Appeal
Classic Pre-Decimal Issue: A major denomination from the pre‑1971 system, representing substantial value at the time.
Iconic Imagery: Britannia and the lion—symbols of national pride and resilience—make this note instantly recognisable.
Large Format: Its generous dimensions and bold blue design set it apart from later, smaller notes.
Catalogued Rarity: Listed as P#372a, providing clear identification for collectors and valuation purposes.
Historical Context: Circulated during a period of economic transition in Britain, just before decimalisation modernised the currency system.
This 1961 £5 note is a landmark issue in British numismatics, prized for its artistry, scale, and symbolism. Collectors value it not only for its monetary significance but also for its role in representing Britain’s heritage during a pivotal era of change.
