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The Guardian - UK
The Guardian - UK
Business
Miles Brignall

Auction of first King Charles banknotes raises nearly £1m for charity

Bank of England King Charles III
a man in a pin-striped suit holds a fan of the new £5, £10, £20 and £50 notes
Collectors have snapped up at auction the first few batches of the new King Charles banknotes. Photograph: Lucy North/PA

A special auction of some of the first banknotes to roll off the presses bearing King Charles III’s face have raised more than £900,000 for charity, more than 11 times their monetary value.

Over the summer, Spink & Sons held four specialist auctions of the new £5, £10, £20 and £50 notes, with the proceeds destined for 10 selected charities.

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