Posts Tagged ‘Rare’
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.
Rare world banknotes sell for millions at auction!
Spink and Son Ltd recently held an auction of nearly 2,000 rare world banknotes.
The Auction, held in London, included notes from every country in the world, even some that no longer exist, dating from the mid-19th century to the modern era.
The auction proved hugely popular with collectors, with total proceeds of the sale coming in at over £1.6 million!
Five banknotes sold for over £20,000 each!
The three notes that sold for the most money were all issued by The Government of the Straits Settlements. These were a group of British territories located in South-east Asia, established in 1826, which included Singapore.
Government of the Straits Settlements – sold for £61,000
This note, issued in 1919, features George V and had a face value of $10,000. (Image: SPINK)
Government of the Straits Settlements – sold for £34,000
This note was issued in 1909 with a face value of $100 (Image: SPINK)
Government of the Straits Settlements – sold for £22,000
This note was issued in 1930 with a face value of $50 dollars. it features an effigy of King George V (Image: SPINK)
The other two notes to sell for over £20,000 were issued in New zealand and Iraq.
Reserve Bank of New Zealand – sold for £20,000
This banknote was issued in 1934 with a face value of £50 and features the Maori King Towhiao (Image: SPINK)
Government of Iraq – sold for £20,000
This was issued by the Government of Iraq in 1931 with a face value of 100 dinars (Image: SPINK)
In this remarkable auction 17 notes sold for over £10,000 highlighting the amazing buoyancy of the banknote collector’s market.
Jane Austen Polymer £10 banknote charity auction
Don’t forget that Spink and Son Ltd are holding the Jane Austen Polymer £10 banknote auction tomorrow.
The lowest serial number available is AA01 00010 and is estimated to sell for between £2,000 and £3,000.
There are a number of other lots with significantly lower guide prices, ranging from £200 to £400.
You could argue that this is a lot of money for a £10 note, however the winning bidder will own a genuine piece of British history, so i can understand why interest will be high.
The best news of all is that all proceeds from the auction will go to help 3 fantastic charities: Candlelighters, Haven House Children’s Hospice and Macmillan Cancer Support.
Why you should be collecting £5 Coins
We’re often asked by Change Checkers what can they collect once they’ve completed their collections of 50ps, £1s and £2s.
Quite simply, there’s only one answer. £5 coins. These are my reasons why:
1. A Treasure Hunt
In the past, collectors were able to get £5 coins from banks and post offices, but nowadays some of the older designs are like gold-dust. And more often than not, new UK £5 issues are snapped up by collectors on release, so it can be quite a challenge tracking down every single one for a complete collection. You can source online, in auctions and of course from Change Checker! We’ve built up some superb stock over the years which we are now making available to collectors.
2. When less is more
In this case – interest. It’s obvious that popular coin issues create instant and on-going demand for a coin, but the same can be said for ‘less interesting’ coin designs. Let me explain…
This may come as a surprise, but a coin that is issued with a less interesting theme or design and is not initially popular with collectors, can be a real hidden gem for coin collections. This is because the less coins that are sold, the lower the final number of units that are available to future collectors.
But whilst most collectors would shy away from unpopular themes, it is these very coins that are likely to become the most sought after in years to come. And the 2011 Prince Philip £5 coin is a prime example…
Back in 2011 a UK £5 coin was issued by The Royal Mint in celebration of the 90th birthday of Prince Philip.
The coins design featured a specially commissioned portrait of Philip by Mark Richards FRBS. Just 18,730 of these coins were struck in Brilliant Uncirculated presentation packs making it one of the rarest £5 coins ever.
And because of this, the coin is extremely sought after by collectors and is virtually impossible to get hold of on the secondary market.
3. Only available for a limited time
As you probably already know, coins with a lower mintage are often the most sought-after by collectors in years to come. And the coins with popular themes are timeless pieces of numismatic history that only become more and more desireable as time passes.
£5 coins are only available for a limited time and when you add to this the intense interest in the event the coin is commemorating (usually important royal events), you have a hugely collectable coin, sought after by collectors from all over the world.
4. Historically valuable
One of the key points Change Checkers look out for when deciding which coins to add to their collection, is the possibility that the value of that coin will increase and we’ve seen it happen many times before with circulation coins. The Kew Gardens 50p for example.
One thing you can be sure of though is the historical interest of £5 coins will be worth more to future generations than the £5 face value now. When you take all the above points into account, there is no doubt that the importance of £5 coins ensures the coins remain sought-after and collectable.
So do you have any £5 coins in your collection? Let us know via Facebook, Twitter or leave a comment below!
Interested in finding out if you own one of the rarest £5 coins? Click here to find out more>>
Exclusive £15 SAVING – Own the FIRST EVER UK £5
The UK’s FIRST EVER £5 coin was fittingly issued to celebrate the 90th birthday of Queen Elizabeth, the Queen Mother.
A limited number of these are available to our collectors at the exclusive discounted price of JUST £9.99 (+p&p) – that’s a £15 SAVING.
Click here to secure your Queen Mother 90th Birthday £5 for just £9.99 (+p&p)