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Bank Of England Museum

  1. London
  2. London Museums
  3. London Art Galleries

Reviews, get directions and contact details for Bank Of England Museum

Bank Of England Museum

About

Gold, banknotes and over 300 years of history...see it all come to life through our displays, exhibitions, events and presentations.

Story

The Bank of England is the United Kingdom’s central bank. It has a unique role in our economy, promoting the good of the people of the United Kingdom by maintaining monetary and financial stability. However our Museum is about much more than money! Discover the history of the Bank, its buildings, and the people who have shaped it over more than 300 years.

Address: Threadneedle Street , London EC2R 8AH, XGL, GB
Phone: 020 7601 5545
ku.oc.dnalgnefoknab@noitacude
State: XGL
City: London
Zip Code: EC2R 8AH

opening times

Monday: 10:00-17:00
Tuesday: 10:00-17:00
Wednesday: 10:00-17:00
Thursday: 10:00-17:00
Friday: 10:00-17:00

Update Info

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Reviews
This is a hidden gem in the sea of museums that London is home to. I've always struggled to understand economics and the financial system, and the more I read and researched, it just got more confusing! So what better way to develop your general knowledge and understanding away from 'prickly' academic books, that in spite of their authors' research and effort, do not always offer an accessible summary or introduction on such topics. This is a small museum but well sized enough to contain all the relevant and essential information, facts, figures and characters in the development of the banking system as we now know it. I was aware of this before, but throughout the museum you are reminded that money as we know and use it does NOT have real value - from the minting of coins, printing of cash notes to more digital forms of money and currency, value is only given by the entity creating such modes of trade and exchange, and how it is used in wider society. With that said, gold at least 99.5% is of real value and wealth, but again, only the few of the few, can really access and save gold.... Another interesting, and painful fact is how the banking system and its offspring corporations profited from the heinous crimes of the slave trade and when abolition of slavery finally took place...deep breath....the banks had to 'compensate' = pay out former 'slave owners! What about those who were enslaved...what compensation and justice did they get? Several swear words and expletives later, it does put into perspective that the 'system' was set up to benefit the the very elite few, and not the rest of us. Even in more recent times, with the evolution of digital monies and bitcoins, the banking system is still not as well regulated as it needs to be, leaving the more vulnerable people in society 'stuck in' or marginalised outside the system. There is so much more I could add, and haven't done any 'justice' to how important is it to visit a museum like this - I definitely need to plan another visit. Whether you go alone, with a good friend, or family there are activities for children, this will provide you with what you need to know about how 'rigged' the world we live in is, without the panic, dread and away from any tempting conspiracy theories.
Great little museum. The first room looks daunting with a lot of reading but the other galleries are bright, interesting and interactive. Go early before the school parties!Visited onWeekdayWait timeNo waitReservation recommendedNo
Amazing place for spend few minutes, and appreciate the incredible atmosphere of history. It was an amazing experience with my friends. Note: it's really big place hahah be prepared to walk.Visited onWeekendWait timeNo waitReservation recommendedNo
It was an interesting experience, but we expected to go home with a gold bar and it’s made simply impossible to take it away, which we found truly discouragingAt the entrance you feel quite like at the airport- getting everything out of your pockets and taking off shoes and belts off… the person selling coins at the royal mint gift shop was very unpleasant and didn’t help us at all with our simple query. On the other side of the coin you can hold a real gold bar and you would be privileged to see the new coins and banknotes with the King on them that are entering circulation soon.
Very interesting little museum. Showing the history of money. The only drawback, it was incredibly hot in there.Visited onWeekend
The Trekking Pawns here! Very laid back place to learn about money. It was cool to be able to lift a real gold bar! Never thought we’d ever hold one in my life, but now we have. The currency making displays were very informative and seeing the first few promissory notes to ever be written for the Bank of London really help put history into perspective. Glad we got to see it during our visit to the financial district! And entry is free! @thetrekkingpawns
Very much enjoyed this. If you like and understand economics and money or want to learn, its a good spot. Really learned a lot about the role of the Bank of England, central banks and the history of money and banking. If you really dig deep into it you will see banking and central banks are all one big ponzi scheme funding wars, creating inflation to lower the debt owed and how they want everyone digital so banks can take a skinny from every transaction and they will know everything you do with your money. Regardless, it is a historic and great place to visit.
The Bank of England Museum is a cool spot if you're into banking history. It's free, laid back, and packed with interesting bits about the bank's long history and the evolution of the monetary system. They’ve got everything from ancient coins to modern banking innovations, all laid out in an easy-to-digest way. You'll see how money has changed over the centuries, which is pretty fascinating. Plus, you can even try lifting a real gold bar! Definitely worth checking out if you're in the area.
Good free museum that is not only about the building but the whole mint past and present. There is a neat audio guide that you can listen to directly on your phone or you can go around and read the info placards. It was pretty neat to touch a real gold bar and see the new notes with King CharlesVisited onWeekdayWait timeNo waitReservation recommendedNo
Great museum and free entry. It presents the whole history of the Bank of England, all the different buildings on the site, and how its purpose progressed. It also describes the history of money from the 1600s to present day, the security features on the notes is very interesting. There's a gold bar in a display case that you can try to lift!
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