In an incredible auction, the first banknotes with the face of King Charles III have sold for a stunning 914,127 pounds (Rs 9,8600750), according to The Metro. These banknotes, which came into circulation in June, carry a face value of 78,000 pounds and include the newly issued 5 pounds, 10 pounds, 20 pounds, and 50 pounds notes.
Those collectors did really fight for these items, such that a single 10-pound note went for 17,000 pounds just because of the desirable serial number-HB01 00002. Besides, one sheet of 50-pound notes also set a new record and sold for 26,000 pounds, the highest price achieved by any lot in any Bank of England banknote auction, according to the news outlet.
Proceeds will benefit various charities. The gist of what is written here demonstrates clearly that collectors have a preference for banknotes with the lowest possible serial number, especially those near the magic mark of 00001.
Sarah John, chief cashier and executive director of banking at the Bank of England, said: "I am thrilled that the auctions and public ballot of low-numbered King Charles III banknotes have raised a remarkable 914,127 pounds that will be donated to 10 charities chosen by Bank of England staff.Each charity does incredible work, and the money raised will have a positive impact on people across the UK."
Charities that will benefit from the proceeds include the Childhood Trust, the Trussell Trust, Shout, Carers UK, Demelza, WWF-UK, the Brain Tumour Charity, London's Air Ambulance Charity, Child Bereavement UK, and the Samaritans.
Featured Video Of The Day
Amid Bangladesh Turmoil Fallout, Hilsa Prices Soar
King Charles III Ends Silence On UK Far-Right Riots, Praises Police Efforts King Charles III To Set Out UK Government's To-Do List King Charles III's Sister Anne Resumes Public Duties After Hospitalisation Why Kolkata Doctor's Rape-Murder Case Went To CBI: Court's Tough Remarks Starbucks' Indian-Origin CEO, Recently Fired, Never Worked Past 6 pm No Interim Bail For Delhi Chief Minister Arvind Kejriwal By Supreme Court Customer Slams Amazon India For Sending Wrong Watch, Alleges Fraud US School Worker Steals 11,000 Cases Of Chicken Wings, Jailed For 9 Years Video: 2 Dogs Clash With 2 Lions In Gujarat, Face Off Captured On CCTV Track Latest News Live on NDTV.com and get news updates from India and around the world.