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£100 note: £100: in circulation Issued by Scottish and Northern-Irish banks only. £1,000,000 note: £1,000,000: non-circulating Also known as a "Giant". Used as backing for banknotes issued by Scottish and Northern Irish banks when exceeding the value of their 1845 reserves. The amount to be covered is over a billion pounds. [12]
The one hundred pound coin (£100) is a commemorative denomination of sterling coinage. Issued for the first time by the Royal Mint in 2015 and sold at face value, £100 coins hold legal tender status but are intended as collectors' items and are rarely found in general circulation. [ 1 ]
The half farthing ( 1 / 8 of a penny, 1 / 1920 of a pound) coin was initially minted in 1828 for use in Ceylon, but was declared legal tender in the United Kingdom in 1842. [ 61 ] The third farthing ( 1 / 12 of a penny, 1 / 2880 of a pound) coin was minted for use in Malta , starting in 1827.
A First Trust Bank £100 note. Until June 2020, First Trust Bank issued notes in denominations of £10, £20, £50 and £100. The notes bear portraits of generic Northern Irish people on the front with varied illustrations on the reverse. [126] Until 1993 the bank issued notes under its former trading name, Allied Irish Banks.
First Trust Bank's current notes have a generic depiction of a Northern Irish person. A young middle-aged man appears on the £10 note, an elderly woman on the £20 note, an elderly man on the £50 note, and finally both elderly people together on the £100 note. Prior to 1994, the elderly man featured on the £100 note.
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This adds up to about 2,800,000 troy ounces (87 tonnes; 96 short tons) of silver, equivalent to £250,000 at the time, and worth about £10 million in 2005 money (its purchasing power at that time may have exceeded £100 million and may have been as high as £1 billion in 2005).
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