British banknote featuring King Charles III sells for £17,000

Since 1960, the late Queen Elizabeth II has graced the country's banknotes. She was also the first monarch to be depicted on the country's pound notes.

But now that Charles III was king, it was time to update the money, as new money began to be issued bearing the king's image instead.

The new banknotes went on sale to the public on June 5, prompting collectors to rush to auctions to get their hands on some of the first notes. Over the summer, the new £5, £10, £20 and £50 notes were auctioned by Spink & Sons, selling for around 11.7 times their face value, according to reports. CNN.

goes to charity

The most popular notes were those with particularly low serial numbers, as this indicated that they were the first to be sold. Among other things, a ten pound note with the serial number HB01 00002 sold for £17,000.

There was also strong interest in notes with numbers considered by some to be lucky, with two £5 notes with serial numbers ending in 88 and 888 selling for £2,200 and £2,400.

Money raised from the auction will go to ten different charities chosen by Bank of England staff. Among others, WWF-UK and the Trussel Trust, which works with food banks, will each receive £91,400.

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