Quoth EmiOfBrie
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Note style issued.
New note style issued
Old stlye revoked
Few months grace period
After this time all notes can still be exchanged at <Any Bank> but can't be spent in stores, shops etc.
Even notes that are hundreds of years old can still be exchanged at the Bank of England, for their face value.

So sorry to toss this in, I have to share this. A bit OT, but it made me giggle tons...
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