PEOPLE in the UK have been told to keep a close eye on their bank notes after a new King Charles III £10 note sold for £17,000 at auction ...
PEOPLE in the UK have been told to keep a close eye on their bank notes after a new King Charles III £10 note sold for £17,000 at auction.
In line with guidance from the Royal Household, the new notes will only be printed to replace those that are worn, and to meet any overall increase in demand.Certain serial numbers featured on the new notes are of particular value to collectors, with the lowest serial numbers often being the most attractive.
"A £50 then could go for several thousand pounds. It's not impossible that outside of the auction, someone could find notes with a serial number within the first million. Outside of the auction, someone could potentially find a note with a serial number as low as six figures – you could probably get one with 100000."The portrait of Charles will appear on all four banknotes – the £5, £10, £20 and £50 – with no other alterations to the existing designs.
Ross Borkett, banking director at the Post Office, said: “This historic launch of the new bank notes featuring King Charles III comes as we experience the highest levels of cash withdrawals and deposits in Post Office branches.
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