EBay­ers seek a good for­tune sell­ing Austen notes for £20

The Daily Telegraph - Business - - Business - By So­phie Christie

OP­POR­TUNIS­TIC eBay users at­tempted to sell the new Jane Austen £10 notes for more than dou­ble their face value yes­ter­day as they were re­leased into cir­cu­la­tion.

List­ings for the notes started to ap­pear on the auc­tion web­site as they were re­leased and some sell­ers sold notes at up to £20.

Hun­dreds of peo­ple headed to the Bank of Eng­land, and other lo­ca­tions across the UK, yes­ter­day to get their hands on the new poly­mer ban­knotes, which are the first to in­clude a se­ries of raised dots to help blind and par­tiallysighted users iden­tify them.

They also have a num­ber of new se­cu­rity fea­tures in­clud­ing a quill at the side of the win­dow, which changes from pur­ple to orange, and a holo­gram that con­tains the word “Ten” and changes to “Pounds” when the note is tilted. There is also mi­cro-let­ter­ing be­neath the Queen’s por­trait with tiny let­ters and num­bers that are vis­i­ble un­der a mi­cro­scope

The first mil­lion £10 notes will con­tain a pre­fix of AA01, while there are also some spe­cific se­rial num­bers re­lated to the Jane Austen note, fea­tur­ing, for ex­am­ple, her birth­day in the se­rial num­ber, which the Bank plans to auc­tion off next month to col­lec­tors.

When the new £5 note was re­leased a year ago, eBay sell­ers at­tracted bids of hun­dreds of pounds for their ban­knotes (although many were can­celled), but to­day you can pick up an AA01 £5 note for around £7 on eBay – just £2 more than face value.

The old pa­per £10 ban­knotes fea­tur­ing Charles Dar­win will even­tu­ally be with­drawn in spring 2018, while a new £20 poly­mer note fea­tur­ing the artist JMW Turner will fol­low in 2020.

The plas­tic £10 ban­knotes have new se­cu­rity fea­tures in­clud­ing a quill at the side of the win­dow that changes from pur­ple to orange

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