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Who Said There’s No Money in Plastics..

Posted on 7 Oct 2016 at 10:50

Who Said There’s No Money in Plastics..

Distinguishing features on the new polymer fivers which went into circulation last week have prompted collectors to fork out hundreds of pounds for the new notes.

One eBay seller, robbieyeo68, based in Southampton, sold a new £5 note for £227.56 on Tuesday evening, a return of more than 4,000%.

If the code printed on the note starts with AA01 it means it is part of the first batch – and could be sold for a tidy profit.

The first ever note has the serial number AA01 000001, but is said to have been given to the Queen.

The new £5 note paves the way for a new generation of security features, making the note harder to counterfeit, the Bank of England claimed.

They include a see-through window featuring the Queen’s portrait as well as Big Ben shown in gold foil on the front of the note and silver on the back.

Novelist Jane Austen will be the face of the new £10 note from summer 2017.

Artist JMW Turner will appear on the next £20 banknote, due to be issued by 2020.

Article from Plastics & Rubber Weekly 30th September 2016 edition. Website article here.

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