Banknotes with a face value of £78,430 have raised more than 11 times that amount for charity following a series of auctions.
New £5, £10, £20 and £50 notes featuring King Charles III entered circulation in June.
A full set of the first issues were presented to the monarch, but hundreds of other low serial numbered banknotes have gone under the hammer.
One single £10 note with the serial number HB01 000002 sold for £17,000 during bidding.
During another lot, a sheet of 40 connected £50 notes - with a face value of £2,000 - sold for £26,000. That was a record for any Bank of England auction.
The four sales run by auctioneers Spink in London raised £914,127 in total.
Collectors seek banknotes which come as close to the 00001 serial number as possible, hence the large amounts raised.
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The proceeds will be shared equally between 10 charities chosen by the Bank:
King Charles banknotes go for 11 times face value
Submitted 2 months ago by Emperor@feddit.uk to unitedkingdom@feddit.uk
https://www.bbc.com/news/articles/cn9l3gnvpgzo
rayquetzalcoatl@lemmy.world 2 months ago
Jesus Christ. Some people really do have more money than sense.
smeg@feddit.uk 2 months ago
It’s a charity auction, there are much worse things for rich people to waste their money on!
GreatAlbatross@feddit.uk 2 months ago
Yep, at least it’s not randos selling notes with “AK 47” on them for £5000.
NickwithaC@lemmy.world 2 months ago
Then there’s me with more sense than money. How did that happen?