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The ultra rare £5 note worth £25,000 set to sell at auction next week
The 133-year-old £5 note from Birmingham is the rarest known and expected to sell for £25,000, 5,000 times its face value, at Noonans Mayfair auction.
- Next week, Noonans Mayfair will offer a rare Bank of England £5 note expected to sell for more than £25,000 during the British and Irish Banknotes sale on Wednesday and Thursday.
- Produced on May 5, 1892, the 133-year-old note likely originates from the Bank of England Birmingham branch, opened in 1827 and closed in 1997, and its inflation-adjusted value is about 550.
- Andrew Pattison, head of the banknote department at Noonans, says the piece is believed to be the rarest Birmingham £5 and collectors value production numbers, state of preservation, and serial number.
- Experts and collectors advise Britons to check purses and wallets after King Charles £5 notes and rare examples recently sold for thousands on eBay.
- By comparison, some numismatic sales reached far higher sums, such as a 1933 Saint-Gaudens Double Eagle that sold for $18.9m in 2021 and a 2013 US dollar sale for more than $10million.
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