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Rare New £10 Note Sells For £7,200 At Charity Auction

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Rare New £10 Note Sells For £7,200 At Charity Auction

Following the release of the new plastic five pound notes, everyone was aware that there were a few that were worth more than others.

The same has happened with the implementing of the new tenner, though thankfully it's not as prevalent.

Not as many people are looking out for certain serial numbers or defects, but one did sell for £3,600 on eBay. On this occasion one has been auctioned off by the Bank of England for £7,200.

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Credit: PA

The note had the serial number AA01 000010 - the lowest available to the public - and the cash was donated to a number of charities. Experts estimated the note would go for less than half of the final amount.

Alongside this one, another 87 were auctioned off at the event, one with the serial number AA001 000011 and another with the number AA01 000014, selling for £5,200 and £3,500 respectively.

Prior to the new notes being released into circulation ChangerChecker.com revealed the notes you need to be looking for to find yourselves quids-in.

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ChangerChecker.com reckons that the notes collectors should be looking out for are:

  • The serial numbers 16 121775 and 18 071817 as they represent the author's date of birth and death.
  • The serial number 17 751817 as it's her birth and death combined
  • The 28 011813 as it's the date when her most celebrated novel, Pride and Prejudice, was first published.

Credit: PA

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Serial numbers JA01 and JA75 (Jane Austen's birth year) and JA17 (the year of Jane Austen's death) may be popular too, although it could be years before they enter circulation.

Notes with consecutive numbers, eg, AA12345, are also likely to be popular with collectors.

As to how much money you could make, that all depends how much people are willing to pay.

With the Winston Churchill fiver there was a frenzy of people posting fivers with the serial number AK47 and AA01 on it, with one user reportedly managing to sell it for £50,000 ($65,500) on eBay.

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eBay seller £5 note
eBay seller £5 note

Credit: eBay

As for the note itself, a quote from legendary author Austen is imprinted on it, along with a portrait adapted from a sketch completed by her sister, Cassandra. The quote reads: "I declare after all there is no enjoyment like reading," which is from Pride and Prejudice.

How many people right now could do with a note actually worth more than its value? You know, just after payday when you thought you only spent £30 on a night out but you actually bought a round for an entire pub.

Featured Image Credit: PA

Topics: Bank of England, Money, Note

Mark McGowan
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