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I Thought I Found £20. Then I Thought Again.

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NumisRob's Avatar
United Kingdom
17909 Posts
 Posted 06/28/2022  04:24 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply

Quote:
I guess I only had 2 old UK notes

No real collector value in that condition. Both fairly ordinary serial numbers. Still worth £6 if you change them at the Bank of England. If you know anyone going to London on vacation, you could give them to them to change. It would buy a pint of beer and a sort drink, or a snack from a fast food restaurant.

As in the States, there are certain notes that are more valuable. Notes of that type with a serial starting with the letter 'M' are replacements, equivalent to the US star notes, and are quite scarce. Collectors also like trying to get the first and last prefixes issued for each type of note and for each different cashier. There's a link here to a well-known British banknote dealer's site:
http://www.britishnotes.co.uk/?page...857&pageno=1
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walk2dwater's Avatar
Canada
2574 Posts
 Posted 06/28/2022  10:00 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Great advice by NumisRob: only souvenir value for the globe trotter. (If it were me, I'd definitely exchange it & get to one of the pubs- much greater value in there IMO )

Pam West site is great too (I use it all the time). If you're interested in any UK currency, it is the go-to site. You might also like to consider visiting/registering with NUMISTA as its populated by more European collectors (though the coin hunters far outnumber paper people). If you like to collect on a budget, there's a swap feature there too.
https://en.numista.com/

Not a big fan of the first prefix phenomenon that seems to have gripped many European/world collectors but I've picked up a few if the price was right. Often the last prefixes are short & far more scarce (but check the #'s out to be sure). I really like replacements & would go after more were they priced better (& BoE replacements are far more scarce then US star notes- much more comparable to CDN/AUD replacements). There's other prefixes besides the "M" so check out each series using the Pam West site.


Quote:
Collectors also like trying to get the first and last prefixes issued for each type of note and for each different cashier.
Sometimes, just finding a short-lived cashier's signature in high grade can be a fun challenge.

Enjoy!
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Dearborn's Avatar
United States
95403 Posts
 Posted 06/28/2022  3:03 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply

Quote:
No real collector value in that condition. Both fairly ordinary serial numbers.

Yeah, didn't think so, but I like them - a reminder of my time when I lived there for almost 4 years. I think I'll hang on to them. Someday when paper is obsolete and rare, they may gather some value.
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