185 lot of low serial numbers banknotes will be offer for sale by Bank of England on Wednesday 26 September 2012. The auction for England single notes and sets will be conducted by Spink Auctioneers. All the single notes are the new £50 note issued on 2 November 2011 which depict the entrepreneur Matthew Boulton and the engineer James Watt. The sets are made up from the current £5, £10, £20, old £50 and new £50 all bearing matching serial numbers. Other notes that will be included are a selection of the first printed £5, £10 and £20 bearing the signature of Chris Salmon, Chief Cashier and Executive Director for Banking Services which were issued into circulataion on 12 September 2012.
This is the third auction of low numbered Bank of England banknotes. Previous auctions were held in 2003 and 2007. In 2003 £20,335 was donated to the Commonwealth Education Fund. In 2007 £25,105 was shared equally by the charities Chance to Shine and Reading is Fundamental UK.
The proceeds of the auction will go towards two charities chosen by Bank of England staff: the British Association for Adoption & Fostering and the Kids Company. Both charities are focused on providing care and support for children in the UK and offering them a better start on which to build their future.
The auction will take place from 5.30pm at Spink’s auction house on 69 Southampton Row, Bloomsbury, London WC1B 4ET. Full details of the sale, including how to bid online are available on Spink’s website (www.spink.com) or by contacting Spink direct on 020 7563 4000.
Source: Bank of England.
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