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First King Charles Banknotes Raise Over £900,000 at Charity Auction

Collectors pay premium for low serial numbers in historic Bank of England event

  • Banknotes with a face value of £78,430 sold for more than 11 times their worth.
  • The highest lot, a sheet of £50 notes, fetched £26,000, setting an auction record.
  • A single £10 note with serial number HB01 000002 was sold for £17,000.
  • The proceeds, totaling £914,127, will benefit ten selected charities.
  • This marks the first time a new monarch has appeared on Bank of England notes since 1960.
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