This new Churchill £5 note has bids on eBay for more than £10,000… here’s why you should check yours

A new polymer £5 note with a serial number starting AA01 is currently attracting bids of more than £10,000 on auction site eBay, with two days to run on the sale.

The £5 note being sold on eBay was flagged to us by its seller Piotr Sobczuk, from Telford, Shropshire. It has serial number AA01 444444, which appears to be a hit with potential collectors, attracting 59 bids at a maximum of £10,100.

Last year, we revealed how new fivers featuring Winston Churchill with serial numbers starting AA01 were fetching tidy sums online, with collectors keen to cash in on the low-numbered notes claimed to be worth big money.

Since then many examples of the new £5 note have been stuck up for sale on auction sites, and people across the country have been checking numbers when they get them in banks and shops.

At a Bank of England charity auction in October, one new fiver sold for £4,150.  That note, with serial number AA01 000017, was the lowest number offered to the public.

The lowest numbered note, AA01 000001, went to the Queen.

Jesse McClure, who stars in television series Storage Hunters, secured Lot Four at the Bank of England auction, a five pound note carrying the serial number AA01 000020 for £1,200.

In a subsequent interview with This is Money, McClure revealed he’d had a serious offer of £7,000 for the note.

There are 999,999 new fivers with the AA01 prefix – and experts have said that if these have a very low or eye-catching run of digits in the remaining serial number, then they are more likely to be collectable.

The one Piotr has listed on eBay will be of interest to collectors thanks to its rounded numbers.

The launch of the £5 notes has seen much fanfare.

Even micro-engraver Graham Short got involved, and put tiny portraits of author Jane Austen to four of the new £5 notes – three of which have been found and could fetch up to £50,000.

The notes have also attracted some controversy thanks to the fact there are traces of animal fat in them.

The Bank of England had already spent £46million on printing the £5 note featuring Winston Churchill, and printed 275million new £10 notes featuring Jane Austen at the cost of £24million ready for the summer and after an investigation said it noted people’s concerns but has no plans to change them.

Stories about notes and coins have captured the nation’s imagination over the past year, with many Britons checking their change for rare coins and making sure they don’t hand over a £5 note with an AA01 prefix.

We will report back on whether this AA01 444444 note was actually sold when the auction ends and Piotr confirms that the winning bidder has paid up.

 

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