Posts Tagged ‘auction’
A Jane Austen £10 note has just sold for 720 times its face value!
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!
The lowest serial numbered note sold for £7,200
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.
A sheet of 54 consecutively numbered notes sold for £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.
A new Polymer Jane Austen £10 note has sold for £3,600!
On the day the new Polymer £10 note was released, we published a blog detailing which of the new Polymer Jane Austen £10 notes you should all be looking out for.
We predicted that notes which feature key Jane Austen dates, such as the year of her birth and death, will prove to be very popular with collectors…and it seems that we were right!
A Polymer £10 note with serial number AH17 75 (the year of Jane Austen’s birth) has sold on eBay for a whopping £3,600 – 360 times face value!
A Polymer Jane Austen has sold for £3,600
As expected, notes whose serial number starts with AA (the first off the press) are also proving very popular; AA01 notes have sold for between £40-£70 on the auction site.
AK47 notes are also catching the eye of collectors with these selling for between £20 – £40.
Bank of England Charity Auction
On the 6th October, Spink and Son auctioneers will be selling some of the very lowest serial numbered Polymer £10 notes on behalf of the Bank of England. All money raised from the sale will be donated to three charities: Candleighters, Haven House Children’s Hospice and Macmillan Cancer Support.
In total they are 137 lots with the lowest serial numbered note AA01 000010 estimated to fetch between £2,000 – £3,000. The highest serial number in the auction is AA01 002016 which is expected to be sold for between £200 – £300.
The lowest serial numbered note is expected to be sold for between £2,000 – £3,000
There is also a sheet of 54 £10 notes available to bid on and this could reach between £4,500 -£6,500!
The 2p worth 67,850 times its face value
The world’s only silver-coloured two pence piece was sold on Friday at Charterhouse Auctions in Dorset for £1,357 – equivalent to 67,580 times its face value.
The silver-coloured 2p coin was discovered in 1988
The lucky owner, David Didcock, discovered the coin in 1988 while readying the till at the petrol station he owned at the time.
The silver colour stood out immediately, and recognising its significance, he sent it off to the Royal Mint who verified its authenticity.
Since then it has been wrapped in cotton wool and kept it in a drawer for 26 years before David finally decided it was the right time to sell.
One of a kind
It is believed that the errant coin came into existence when a single cupro-nickel blank used for 5p and 10p pieces was accidentally mixed up with a batch of bronze blanks intended for striking 2p coins.
This is not the first time a Royal Mint error has dramatically inflated the value of a coin. In 2008 when the reverse of the 20p coin changed to the Royal Shield design, around 100,000 coins were accidentally struck with the previous obverse die, and as a result there was no date on the coin. The story of the undated 20p took the collecting world by storm, and even today they are selling for in excess of £50.
Another famous error is the 1983 Two Pence which was incorrectly struck with the old wording ‘New Pence’. It is not known how many have made it into circulation, but if sold at auction it is thought they could be worth several hundred pounds.
The minting process is never completely exempt from human error, so remember to always check your change carefully. Mistakes happen, and when it comes to coins, these mistakes can often be worth a lot money to sharp-eyed collectors.