Held today at Spink and Son Ltd in London, the Jane Austen Polymer £10 note charity auction raised a fantastic £260,900!
Proceeds from the sale will be donated to three charities: Candelighters, Haven House Children’s Hospice and Macmillan Cancer support.
Which notes sold for the most money?
The lowest serial numbered note, AA01 000010 sold for a huge £7,200, over double the guide price!
In comparison, the lowest polymer £5 note AA01 000017 sold for £4,150 at last year’s auction.
Other notes that fetched a handsome sum were AA01 000011 and AA01 000014, selling for £5,200 and £3,500 respectively.
The lot that sold for the most was a sheet of 54 consecutively numbered £10 notes, fetching an incredible £13,500.
Finally, consecutive notes AA01 000999/001000 sold for £4,800.
Such was the popularity of this auction, every one of the 122 lots sold for more that the guide price, in many cases double.
Did any Change Checkers manage to win a note at the charity auction? If so, we’d love to hear.
Spink and Son Ltd recently held an auction of nearly 2,000 rare world banknotes.
The Auction, held in London, included notes from every country in the world, even some that no longer exist, dating from the mid-19th century to the modern era.
The auction proved hugely popular with collectors, with total proceeds of the sale coming in at over £1.6 million!
Five banknotes sold for over £20,000 each!
The three notes that sold for the most money were all issued by The Government of the Straits Settlements. These were a group of British territories located in South-east Asia, established in 1826, which included Singapore.
Government of the Straits Settlements – sold for £61,000
Government of the Straits Settlements – sold for £34,000
Government of the Straits Settlements – sold for £22,000
The other two notes to sell for over £20,000 were issued in New zealand and Iraq.
Reserve Bank of New Zealand – sold for £20,000
Government of Iraq – sold for £20,000
In this remarkable auction 17 notes sold for over £10,000 highlighting the amazing buoyancy of the banknote collector’s market.
Jane Austen Polymer £10 banknote charity auction
Don’t forget that Spink and Son Ltd are holding the Jane Austen Polymer £10 banknote auction tomorrow.
The lowest serial number available is AA01 00010 and is estimated to sell for between £2,000 and £3,000.
There are a number of other lots with significantly lower guide prices, ranging from £200 to £400.
You could argue that this is a lot of money for a £10 note, however the winning bidder will own a genuine piece of British history, so i can understand why interest will be high.
The best news of all is that all proceeds from the auction will go to help 3 fantastic charities: Candlelighters, Haven House Children’s Hospice and Macmillan Cancer Support.
One of the new polymer £5 banknotes featuring Winston Churchill recently sold for a whopping £4,150 at a Bank of England charity auction on Monday 3rd October.
The banknote was only expected to fetch £800-£1200 at the charity event but it actually went for 830 times its face value!
Just last month we reported that banknotes with the serial number beginning with AA01 were selling online for hundreds of pounds. The banknotes which were released into circulation on September 13th are still catching the public’s attention with collectors looking to keep hold of the notes while they are still in good condition.
The first batch of banknotes from the presses carry a serial number starting AA01, followed by a six-digit number. There are 999,999 new fivers with the AA01 prefix and these are the ones selling for vast sums.
The £5 note was lot one at the event held in London and carried the serial number AA01 000017, making it the lowest available to the public according to auctioneers Spink.
A lot of bids came through online and it is thought that a lot of interest in these banknotes came from across the pond because Churchill was a well-known face over in the US.
The Bank of England Charity event raised a total of £203,820 with the money going to three worthy charities which were chosen by staff at the Bank of England.
A total of 601 banknotes were up for sale at the event and every banknote sold well over its estimate sale price.