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Reading: In a record-breaking auction, the first British banknotes sell for over £900,000.
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Baner Club > Blog > News > In a record-breaking auction, the first British banknotes sell for over £900,000.
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In a record-breaking auction, the first British banknotes sell for over £900,000.

Britain's monarch received complete set of first issues but numerous other low serial numbered banknotes were auctioned

Last updated: 2024/08/14 at 5:42 PM
Published August 14, 2024
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Recently, a record-breaking auction saw the first few new banknotes from the United Kingdom sold for eleven times their face value.

With a face value of £78,430, the new banknotes have raised an incredible £914,127 for charity through successful auction sales.

June saw the release of the new £5, £10, £20, and £50 notes picturing King Charles III.

The BBC reports that many low serial numbered banknotes were auctioned off, but the queen was given a full set of the first issues, including ones with a serial number ending in 000001.

A sheet of 40 linked £50 notes and a £10 note with the serial number “HB01 000002” sold for an astounding £17,000 during the bidding.

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admin August 14, 2024 August 14, 2024
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