Notes among the first or last batch for a specific Chief Cashier are particularly prized. Some collectors place high value on collecting all designs from specific Chief Cashiers, or a note from each Cashier in recent history.
Chief Cashier signatures on first and last editionsĮvery note from the Bank of England includes a signature by the Chief Cashier. Wads of notes in sequential order are also popular. As an example, the number 8 is considered a lucky number in some Chinese communities, leading to a flurry of interest for notes with an 888888 serial number. Particular numbers are also sought out by some collectors, according to Spink.
Most valuable bank note serial number#
Some collectors also seek out notes that are the last in their series, with avid collectors keeping track of the highest known serial number for a particular design. In 2012, for example, Spink sold a £50 note with the serial numberAA01 000200 for £220. It's extremely unusual to see a serial number below 30, according to Warwick & Warwick, and any number lower than 200 is likely to attract high demand. In September, auction house Spink will sell off aScottish note with the serial number A01 000001 to the highest bidder.
The firstnotes from this batch are often presented to dignitaries, meaning it's rare to see them in circulation - for example, serial number 000001 is always presented to the Queen and 000002 to Prince Philip. The two-letter prefix at the start of the serial number is changed to AA every time the design of the banknote changes - so, for example, the first batch of notes printed is always numbered AA01.Īny note from the AA01 batch could be of interest to collectors. Many collectors prize the first notes in a series, although other types of note are also popular.īank notes are printed in sheets, with a serial number on each note indicating the order of printing.
Most valuable bank note serial numbers#
Serial numbers on rare banknotesīeale told us that serial numbers are one of the key indicators of a rare or in-demand bank note. Which? spoke to Richard Beale, a valuer at specialist auction house Warwick & Warwick, about which banknotes are likely to attract a premium price. While one collector may be seeking first editions, another may be trying to complete all the notes in a series. Banknotes are only ever worth what a collector is willing to pay - and different things will appeal to different people.
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