Connect with us

Hi, what are you looking for?

World

The extremely rare five hundred pound banknote was worth 10 million HUF

The extremely rare five hundred pound banknote was worth 10 million HUF

The five hundred pounds was from a Leeds branch of the Bank of England, dated 1936, and went under the hammer at a banknote auction organized by the Noonan Company.

The lot—which was signed by Kenneth Bibbett, chief treasurer of the Bank of England at the time—was bought by an avid collector of bank notes. It is a truly remarkable and exceptionally rare note that has only been issued in large quantities at three branches – London, Liverpool and Leeds,” said Andrew Pattison, Head of Banknotes at Noonans.

Pattison explained that the Leeds coin is the rarest of the banknotes available. The note was expected between eighteen and twenty-two thousand pounds. It was the first copy sold at auction and only the second known copy.

Early serial number banknotes are often sought by collectors as many have not circulated. When the Bank of England issues a new banknote, it tends to donate those with notable serial numbers to the people and institutions involved in its development, as well as to charities.

Cover image: Getty Images

See also  Index - Abroad - You can get a health card in France
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

Tech

A dangerous application appeared in the Apple App Store disguised as a known program. 24.hu reported the Based on TechCrunch article. Dangerous app in...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2024 Campus Lately.