TRAVEL - EUROPE - UNITED KINGDOM - LONDON - BANK OF ENGLAND MUSEUM

The Bank of England
The Bank of England
Click to enlarge

 

Bank of England Museum

February 25, 2000

All I wanted to see was the gold, but this free museum offered a good basic history of the beginnings and developments of banking.

Banking began with goldsmiths holding assets, including gold, for people. People realised that it was easier to use the notes given to them by the goldsmiths to pay for things rather than actually getting the gold itself. Hence the bank note was we know it was born.

Some of the silver the bank holds was on display. There was also a large section on the development of the bank note and the fight against forgery. The first reported forgery occurred just a few days after the introduction of the first note. I also had a turn on a computer simulated trading floor. I made a loss but kept within my budget.

Now for the good stuff, or should I say gold stuff. Each of these bars is worth £74, 800. There are 59 bars each weighing 13 kgs.

As the museum was free I would definitely recommend it, although it is only open on week days.

 

BACK

 

 

 

 

 

 

 

 

The stash
The stash
Click to enlarge