The withdrawal date for the current paper £10 note is in less than one week’s time on Thursday 1st March.
The paper ‘Series E’ note has been in circulation, in some form, for the past 26 years. So, I thought it would be interesting to take a look back at the history of the £10 note and our journey begins 259 years ago in 1759…
In a recent poll conducted on our Facebook page, 40% of you said that you still have paper £10 notes. Although you can still exchange them at the Bank of England after the cut-off date, I would suggest exchanging them before the withdrawal date.
Some retailers, banks and building societies may still accept these notes; however this is at their discretion. To save yourself any potential hassle, once you’ve added one to your collection, go and spend or swap your notes at the bank.
The Change Checker Banknote Collecting Pack
The brand new Official Change Checker Banknote Collecting Pack is the perfect way for any change checker to start collecting banknotes or display an already growing collection.
To help get you started, this pack includes an original £1 banknote, issued more than 35 years ago, in mint uncirculated condition… absolutely FREE.
On the day the new Polymer £10 note was released, we published a blog detailing which of the new Polymer Jane Austen £10 notes you should all be looking out for.
We predicted that notes which feature key Jane Austen dates, such as the year of her birth and death, will prove to be very popular with collectors…and it seems that we were right!
A Polymer £10 note with serial number AH17 75 (the year of Jane Austen’s birth) has sold on eBay for a whopping £3,600 – 360 times face value!
As expected, notes whose serial number starts with AA (the first off the press) are also proving very popular; AA01 notes have sold for between £40-£70 on the auction site.
AK47 notes are also catching the eye of collectors with these selling for between £20 – £40.
Bank of England Charity Auction
On the 6th October, Spink and Son auctioneers will be selling some of the very lowest serial numbered Polymer £10 notes on behalf of the Bank of England. All money raised from the sale will be donated to three charities: Candleighters, Haven House Children’s Hospice and Macmillan Cancer Support.
In total they are 137 lots with the lowest serial numbered note AA01 000010 estimated to fetch between £2,000 – £3,000. The highest serial number in the auction is AA01 002016 which is expected to be sold for between £200 – £300.
There is also a sheet of 54 £10 notes available to bid on and this could reach between £4,500 -£6,500!