Can i exchange a 1920 pound for a current pound?

-You can sell it but you can't exchange it as outgoing currency has is always given a time limit in which it is valid.



EDIT: Go ahead and try taking it into a bank and ask... They will tell you exactly what I have just told you. Frankly I am surprised that people have believed the nonsense talked by the other answerer to the degree that I have two thumbs down. When a banknote is replaced people are given a limited amount of time to exchange it and if you do not exchange it within that time it becomes nothing more than a collectors item. Does no-one else remember when the previous generation banknotes were replaced? A time limit was given and if you missed it then you missed out. On an even more fundamental level no national bank would stand for having more valid currency in circulation than they put out. If the B of E would honour it then it is valid currency, plus previous generations of currency are easier to counterfeit which is the reason that they are replaced with new style notes rather than new notes of the old style. Being listed as a top contributor simply means the guy answered a lot of questions... Not that he was right!The Bank of England will exchange old notes indefinitely. So if you take it to the bank of England they will replace a 1920 pound note with a shiny new 拢1 coin.



However, it is almost certain that a note of that age is worth much more as a collectors' item. Perhaps you should be looking for note and coin dealers to sell it.