June 5 marked the issue of the first banknotes with an image of King Charles III; the notes with the serial number CA 01 on the bottom right of the note are very significant.
A rare £5 King Charles III notes brought £11,000 at auction.
On June 5, the first banknotes with an image of King Charles III were released. Collectors value the notes especially highly those have the serial number CA 01 printed on the bottom right corner of the note. A note bearing the serial number CA 01 000003 brought an astounding £11,000 at this week’s Spink and Sons charity auction.
Because of their low serial numbers, nine more rare £5 King Charles III banknotes went up to £7,000 during the auction. The rarest £10, £20, and £50 notes will be the subject of separate auctions on June 27, July 11, and July 24, respectively. According to The Sun, these are their serial numbers and the amount they were sold for:
CA 01 000005 – £7,000
CA 01 000007 – £4,800
CA 01 000011 – £3,500
CA 01 000012 – £1,500
CA 01 000013 – £1,800
CA 01 000014 – £1,600
CA01 000015 – £1,600
CA01 000016 – £1,500
CA01 000019 – £1,400
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All new £5, £10, £20, and £50 polymer notes now feature the image of King Charles III. Old banknotes featuring the late Queen Elizabeth II will continue to be accepted as legal cash, so you may still use them to make purchases in establishments. When they get destroyed, King Charles III banknotes will gradually take their place.
Winston Churchill is still featured on the back of the £5 note, Jane Austen is on the £10 note, JMW Turner is on the £20 note, and Alan Turing is on the £50 note. Additionally, the notes’ design stays true to the color scheme and patterns that were first unveiled in 2017 when polymer was used.
Governor Andrew Bailey of the Bank of England made the following statement before to the notes’ release: “I am really happy that the Bank is revealing the design of our new banknotes, which will bear an image of King Charles III. The King is only the second monarch to appear on our banknotes, thus this is a momentous occasion. In 2024, when these new notes go into circulation, people will be able to utilize them.”