It is a rare English banknote highlight of a forthcoming sale
Expected to fetch between £15,000 and £20,000 is this rare Hull banknote(Image: noonans.co.uk)
A London auction of British and Irish banknotes is to feature a rare and highly-prized specimen issued in Hull. Noonans of Mayfair will see hundreds of examples going under the hammer in a live online sale, on Wednesday, July 8, from 10am.
Among the rarities is Lot 104, a Bank of England £5 note that was issued in Hull on October 11, 1900, and signed by Chief Cashier Horace G. Bowen. It is being sold with an estimate of £15,000 to £20,000.
The auction house catalogue for the sale describes the note as: “Bank of England, Horace G. Bowen, £5, Hull, 11 October 1900, serial number U/54 40180, one bank stamp on reverse, bleeding through to obverse, otherwise a simply spectacular, original and fresh, good very fine and an excessively rare cashier and issue location, superb.”
Elsewhere in the sale are notes issued by Beverley Old Bank, Beverley Bank and Hull Bank, but none with anything like the same expectations. The rare Hull £5 joins a number of other sought-after banknotes, including three “extremely rare” Irish banknotes, all bearing the serial number 000001.
The trio of Ploughman notes (£10, £5 and £1) were issued by the Royal Bank of Ireland. They are expected to fetch £8,000-10,000; £6,000-7,000 and £4,000-5,000 respectively.
Elsewhere in the sale, in the Scottish section, is a Pudsey £5 note from the Bank of Scotland, dating from July 2015, with serial number PUDSEY05. It has an estimate of £5,000-£7,000 on it.
Andrew Pattison, head of Noonans banknote department, said: “The ‘Pudsey’ notes are the rarest polymer banknotes ever issued. In the decade since they were first auctioned for Children In Need, the value of the mere 50 notes produced has rocketed, and collectors are sure to be willing to bid heavily for this example with serial number 5.”
You can find the sale catalogue and more information on Noonans website.
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