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Old 01-07-09, 09:05 PM
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Peter Aldred Peter Aldred is offline
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Default Million-pound note fetches £78,000 at auction...


Million-pound note fetches £78,000 at auction... Seems like with the credit crunch hitting hard, large denomination notes really just ain't as valuable as loose change anymore...

Actually, the report goes:
"A bank note with a face value of one million pounds fetched £78,300 pounds at auction in London Wednesday.

The note, issued by the Bank of England in connection with the Marshall Plan after World War II, was bought by a British-based private collector from auction house Spink, which specialises in autographs, stamps and currency.

It had been estimated at between 35,000 and 40,000 pounds.

Just eight such notes were issued by the Bank of England in connection with the US plan to help rebuild Europe after 1945. They were intended to be used internally to record movement, and were valid for six weeks.

Of the eight notes, just two -- Numbers Seven and Eight -- are believed to have survived, and were awarded as souvenirs for the American and British treasury secretaries."
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Old 01-07-09, 09:12 PM
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Peter Aldred Peter Aldred is offline
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Default What does a million pounds liik like...?

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