|Location|| City of London, London, EC2R |
|Type||Bank of England Museum|
|Public transit access||Bank|
|Website||Bank of England Museum|
The Bank of England Museum, located within the Bank of England in the City of London, is home to a collection of diverse items relating to the history of the Bank and the UK economy from the Bank’s foundation in 1694 to the present day.
The museum is open to the public, free of charge.
Initially, access to the Bank’s collection was by appointment only, with visitors escorted through the Bank to a small display area. In the 1980s, the Bank decided to make its collection (and the Bank of England as a whole) accessible to a wider audience. At the time it was confined to the Bank’s Rotunda, but the plan was to extend it to include Sir Herbert Baker’s ‘Soane Hall’, with a separate entrance being created in Bartholomew Lane.
With this in mind a new museum was planned, which was due to open in 1994, the year of the Bank’s tercentenary. However, a fire in 1986 caused severe damage to the area above the proposed site for the museum. It was decided to begin work on the museum then, rather than repair and rebuild at a later date. Designed by exhibition consultants Higgins Gardner & Partners, it took 18 months to complete and the new museum was opened in 1988 by Queen Elizabeth II.
Some of the features of the new museum included:
In the same year of its opening, it received the City Heritage Award and the Stone Federation Award for Outstanding Craftsmanship.
In addition to the permanent collection, the museum curates rotating temporary exhibitions.
Current exhibitions include a digital exhibition on the new £50 featuring Alan Turing.
Recent temporary exhibitions include:
The Bank of England Museum covers around 10,000 square feet (930 m2) and displays a wide-ranging collection detailing the history of the Bank of England from its foundation in 1694 to the modern day.
One of the highlights of the displays is the opportunity to hold a genuine bar of gold (99.79% pure gold), which can be handled from within its perspex box.The value of the gold bar is updated each day and displayed alongside the bar.
Other permanent displays include a Banknote Gallery, history of the architecture of the Bank, and a Modern Economy display.
The collection contains over 40,000 items including archaeology, banknotes, coins, oil paintings, sculpture, antique furniture, decorative art and social history.
The collection focuses on the role of the Bank as the creator of Bank of England banknotes. Banknotes and items related to their design and production make up around 30,000 items of the collection, with banknotes themselves making up about 10,000 of these. Items in the banknotes collection include:
The museum also has a large collection of political cartoons relating to the Bank's historyand oil paintings.
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry.
The Victoria and Albert Museum in London is the world's largest museum of applied arts, decorative arts, and design, housing a permanent collection of over 2.27 million objects. It was founded in 1852 and named after Queen Victoria and Prince Albert.
Sterling banknotes are the banknotes in circulation in the United Kingdom and its related territories, denominated in pounds sterling.
Sir John Soane's Museum is a house museum, located next to Lincoln's Inn Fields in Holborn, London, which was formerly the home of neo-classical architect, John Soane. It holds many drawings and architectural models of Soane's projects, and a large collection of paintings, sculptures, drawings and antiquities that he acquired over many years. The museum was established during Soane's own lifetime by a Private Act of Parliament in 1833, which took effect on his death in 1837. Soane engaged in this lengthy parliamentary campaign in order to disinherit his son, whom he disliked intensely. The act stipulated that on Soane's death his house and collections would pass into the care of a Board of Trustees, acting on behalf of the nation, and that they would be preserved as nearly as possible exactly in the state they were at his death. The museum's trustees remained completely independent, relying only on Soane's original endowment, until 1947. Since then, the museum has received an annual Grant-in-Aid from the British Government via the Department for Digital, Culture, Media and Sport.
Sir John Soane was an English architect who specialised in the Neo-Classical style. The son of a bricklayer, he rose to the top of his profession, becoming professor of architecture at the Royal Academy and an official architect to the Office of Works. He received a knighthood in 1831.
Sir John Houblon was the first Governor of the Bank of England from 1694 to 1697.
The Crime Museum is a collection of criminal memorabilia kept at New Scotland Yard, headquarters of the Metropolitan Police Service in London, England. Known as the Black Museum until the early 21st century, the museum came into existence at Scotland Yard sometime in 1874, arising out of the collection of prisoners' property gathered as a result of the Forfeiture Act 1870 and intended as an aid to the police in their study of crime and criminals. Initially unofficial, it had become an official if private museum by 1875, with a police inspector and a police constable assigned to official duty there. Not open to the public, it was used as a teaching collection for police recruits and was only ever accessible by those involved in legal matters, royals and other VIPs.
Feliks Topolski RA was a Polish-born expressionist painter and draughtsman working primarily in the United Kingdom.
The Royal Artillery Museum, which was one of the world's oldest military museums, was first opened to the public in Woolwich in south-east London in 1820. It told the story of the development of artillery through the ages by way of a collection of artillery pieces from across the centuries. The museum had its roots in an earlier institution, the Royal Military Repository ; items which were once displayed in the Repository form the nucleus of the Royal Artillery Museum collection. Following the closure in 2016 of the museum, branded since 2001 as 'Firepower – The Royal Artillery Museum', its collection has been placed in storage pending the establishment of a new Royal Artillery Museum. The Royal Artillery Museum collections are designated as being of national and international significance by Arts Council England.
The Bank Charter Act 1844, sometimes referred to as the Peel Banking Act of 1844, was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England. It is one of the Bank of England Acts 1694 to 1892.
The Bank of England, which is now the central bank of the United Kingdom, British Crown Dependencies and British Overseas Territories, has issued banknotes since 1694. In 1921 the Bank of England gained a legal monopoly on the issue of banknotes in England and Wales, a process that started with the Bank Charter Act of 1844 when the ability of other banks to issue notes was restricted.
The British Museum Department of Coins and Medals is a department of the British Museum involving the collection, research and exhibition of numismatics, and comprising the largest library of numismatic artefacts in the United Kingdom, including almost one million coins, medals, tokens and other related objects. The collection spans the history of coinage from its origins in the 7th century BC to the present day, and is representative of both Eastern and Western numismatic traditions.
The Banknote Museum of Alpha Bank is a museum located in Corfu, Greece.
The Chief Cashier of the Bank of England is the person responsible for issuing banknotes at the Bank of England and is the director of the divisions which provide the Bank of England's banking infrastructure. This person is known to the general public because since 1870 the Chief Cashier's signature is printed on all bank notes issued by the Bank of England. In 2004 a new post was created, Executive Director of Banking & Chief Cashier, incorporating the title.
The National Numismatic Collection is the national coin cabinet of the United States. The collection is part of the Smithsonian Institution's National Museum of American History.
Charlotte Verity is a painter living and working in London, UK. A monograph on her work, Charlotte Verity was published by Ridinghouse, in November 2016. Charlotte is currently representd by Karsten Schubert London
Owletts is a country house 0.8 miles (1.3 km) to the northwest of the village of Cobham in Kent, England.
The Bank of England £50 note is a sterling banknote. It is the highest denomination of banknote currently issued for public circulation by the Bank of England. The current note, the first of this denomination to be printed in polymer, entered circulation on 23 June 2021. It bears the image of Queen Elizabeth II on the obverse and computer scientist and World War II codebreaker Alan Turing on the reverse, with his birth date reflecting the release date. Cotton £50 notes from the previous series will remain in circulation alongside the new polymer notes until 30 September 2022, when this last 'paper' banknote issue will finally cease to be legal tender.
State Bank of Pakistan Museum & Art Gallery is a museum on Ibrahim Ismail Chundrigar Road in Karachi, established in 2004 to introduce the first Monetary Museum of Pakistan. The current State Bank of Pakistan Museum & Art Gallery building, previously the Imperial Bank of India, is a Greco Roman building in Jodhpuri Red Sandstone constructed in the 1920s by the British government. In 2004, the State Bank of Pakistan decided to adapt the building as a museum; work on the projects started in 2006 and was devoted to conservation of the building and acquisition of the collection.