Economy

New £10 note: Experts urge to check for special serial numbers

New £10 note: Experts urge to check for special serial numbers”

The new polymer £10 notes are entering circulation on Thursday - but some could be worth more than you think.

Jane Austen fans may be keen to get their hands on notes with serial numbers related to the author Where can I get a new-style £10 note? The note with the serial number 17 751817 - her birth and death year combined - could also fetch a significant sum.

Other banknotes that are likely to interest collectors are those that were first off the printing press.

The public can continue to spend paper £10 notes as usual and these will be gradually withdrawn as they are banked by retailers and the public. For each these cyphers there were 999,000 serial numbers printed, yielding a whopping 59.9 million notes. The new notes will be smaller than the current notes.

The new £10 note is due to be released on 14 September, following on from the new £5 note release a year ago.

Like the new £5 note, it will also be printed on polymer and contains sophisticated security features making it very hard to counterfeit.

"There may well be a rush to find the AK47 serial numbers again and James Bond 007 will likely be popular".

The Bank of England hasn't specified where exactly the new notes will first appear but they will start to filter into circulation through ATMs, banks and businesses.

However, the Bank of England will hold some back, for example the Queen receives AA01 000001 and the Churchill War Rooms received a new £5 note with serial number AA01 001945 - the date Second World War ended. Proceeds from October's auction will also go to charity. More than 230 lots were auctioned and the highest bid for a single note was £8,500.



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