Banknote

The highest denomination note issued by the Bank of England, this £1000 banknote is a rare survivor of a limited run that was cut short as the Nazis tried to destabilise the British economy.

It has a face value of ten shillings but a price tag of Aus$3.5m (£2.3m) at Coinworks, the specialist dealers and auctioneers of Melbourne.

Recent years have seen a massive increase in the offerings and prices realised by banknotes.

FROM 30 June, the £20 banknote carrying the portrait of composer Sir Edward Elgar is to be finally withdrawn from circulation.

FROM May 1913, the first distinctive Commonwealth of Australia banknotes were issued. They were controversial in that no portrait of the reigning monarch, George V, was included in the design.

MORE than a year after his county court victory against Royal Mail, coins and banknotes dealer Bruce Goulborn is taking them to court again.

Today Robert Baden-Powell is best known as the founder of the Boy Scout movement in 1908, but in the Edwardian era his name was synonymous with the Boer War, and specifically the 217 wretched days from October 1899 to May 1900.

A Bank of England £1m Treasury note sold at Spink on October 1 for £68,000.

Spink are to offer a £1m Treasury Note. Dated London 30 August 1948, and printed with the red serial number 000008, it is one of only two surviving examples from the nine thought to have been printed in connection with the Marshall Plan.

This $1000 Straits Settlement bill was described by Spink specialist Barnaby Faull as “the holy grail of Asian Pacific banknotes” after it had sold for Sin$420,000 (£180,000) plus buyer’s premium in Singapore on July 5.

All Bank of England banknotes issued prior to the early 1800s are rare but the note, pictured here, dated 30 August 1705, is believed to be the oldest in private hands.

The specialist British sale held by Spink (15% buyer’s premium) on May 5 consisted exclusively of the collection formed by Samuel King.