The Bank of England doesn’t usually let the public have a say in its decisions, but there is a first time for everything. Having decided to boot Adam Smith’s profile off the £20 banknote, the Bank asked the public to help them choose a replacement – although the institution itself has the final say. Those of us who spend rather than print the money were invited to nominate a visual artist for the bank to select from. An astonishing 29,701 bids came in, resulting in a longlist of 592 British visual artists that someone out there deems worthy of having their face on folding money. The Bank will draw up a shortlist from these names for the Governor to examine, and they will announce the chosen face in early 2016, with the new £20 note finally coming into circulation in 2020.
This is the selection criteria for the new face of the score note:
Through its depiction of historic characters on its banknotes the Bank seeks to celebrate individuals that have shaped British thought, innovation, leadership, values and society. We do this by representing a person or small groups of individuals whose accomplishments or contributions have been recognised widely at the time, or judged subsequently to have been of lasting benefit to the United Kingdom and, in some cases, beyond.
In choosing the character or characters to appear on a specific note, the Bank takes account of its past decisions. This is because the Bank intends to celebrate achievement and contribution across a wide range of skills and fields and aims, through time, to depict characters with varied personal characteristics, such that our choices cumulatively reflect the diverse nature of British society.
Did you vote? I suspect some of you might have done, because the longlist is a fascinating read: so many esteemed, and not so highly esteemed, artists appear, including film-makers from Carol Reed to Stanley Kubrick. And there are definitely a few cinematic stars who fulfil that note about “a wide range of skills and fields”, as well as “characters with varied personal characteristics”, although not perhaps reflecting the “diverse nature of British society”. More specifically, I was heartened to see some key figures from the silent era there: from the expected nods to Alfred Hitchcock and Charlie Chaplin, to more leftfield choices such as Maurice Elvey and Louis Le Prince.