Sunday, 25 September 2016

Currency Collectors

New issues of bank notes, uncirculated and with low serial numbers in the first printing run are attractive to collectors. Extra value comes when there is something unusual about them, as is the case with the first plastic notes to be issued by the Bank of England. A total of 440 million new £5 notes have been printed. About one million have AA01 serial numbers, but some are not in general circulation. The very lowest serial number notes are handed to the Queen. The polymer note - which is much more durable than the old fiver - was delivered to banks over the course of a week. After arriving at the bank just at the right time, Mr Scrase decided to put a set of three fivers with consecutive serial numbers on internet auction site Ebay. After 31 bids were made, the set was sold for £456.