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Would This Be A Desirable Serial Number?

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Collector28's Avatar
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 Posted 06/03/2019  08:10 am Show Profile   Bookmark this topic Add Collector28 to your friends list Get a Link to this Message Number of Subscribers
Many years ago, I swapped a British £5 note with the serial number 998999 out of the donations box somewhere because I thought it was quite nifty. It had clearly seen circulation and I'm aware it probably hasn't much value, but am curious as to whether you guys think it has any sort of coolness or if you'd have just left it?
Edited by Collector28
06/03/2019 08:12 am
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CelticKnot's Avatar
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 Posted 06/03/2019  11:55 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I'd call that a "close but no cigar" serial and no value above face IMO. If it were 998899 or solid 9's then you'd have something.
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Collector28's Avatar
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 Posted 06/03/2019  12:15 pm  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
Sort of figured it probably was, the 998-999 combo is quite pleasing though

According to BOE, the serial numbers only go up to 999000 for the new polymer £5 notes, so assuming this was true for the old design (Bailey cashier, Elizabeth Fry portrait) I got the penultimate number at least (well, for this particular prefix/number combo).

Value isn't important to me anyway, I like it and that's all that matters right?
Edited by Collector28
06/03/2019 12:22 pm
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CelticKnot's Avatar
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 Posted 06/03/2019  4:07 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
Value isn't important to me anyway, I like it and that's all that matters right?

Darn right is is.
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walk2dwater's Avatar
Canada
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 Posted 06/03/2019  4:29 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
but am curious as to whether you guys think it has any sort of coolness or if you'd have just left it?

-Condition, condition, condition (just like "location, location, location" for real estate)

- if it were in decent EF+ condition I would have kept it. Personally, I don't think high# notes are given enough credit for being collectible. A solid 999999 should hold a premium (heck it is the last/or 2nd last note of the series!) but doesn't get the fanfare a solid 888888 radar gets (or 000001 or 000002 attracts).

Your note is only 1000 off of being a solid 9's (as above) & 100 off the 2 digit but it won't likely get too much hype around most collectors. So the bottom line is if you like it (& you got it for face) than keep it.
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Collector28's Avatar
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 Posted 06/03/2019  4:44 pm  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
I mean, technically it's the equivalent of the serial number 000002 because it's the second from last (unless they made them up to 999999 for this series (can't find the answer online but maybe someone will know). It was also my great grandma who put it in the donations, and she's since passed so I'll forever cherish it.

I did indeed get it for face - in fact over many years of attending fairs, events and checking every coin and banknote I came across I got the chance to acquire rather a lot of interesting coins and banknotes for face (also have a 000034, which again probably isn't very desirable nor is it valuable but hey it's cool).

The one trouble with British notes is that despite the fact that only the 6 digit number code is the serial number, something like AB12 786687 will look tarnished because of the 12 before it - even though the serial number is a radar. Is it common practise on UK notes to still call it a "radar" in this instance or would it have to be something like AB12 344321?
Edited by Collector28
06/03/2019 4:54 pm
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walk2dwater's Avatar
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 Posted 06/04/2019  12:07 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
First off, welcome to the CCF "Collector28"

Quote:
(also have a 000034, which again probably isn't very desirable nor is it valuable but hey it's cool).


This note is below 1000 - so technically it's a low # note. Numbers between 1000-100 will command a certain/moderate BV (or Book Vallue) in various catalogues. Numbers from 100-10 (which is your note) a somewhat higher BV & numbers 1-2 quite high (& #1 the highest BV for low numbered notes). So your #34 is a great find.

Typically (at least in Canada) notes are numbered up to the solid 9 (9999999 in Canada). In the 1954 series they actually created the 10,000,000th note (which are extremely rare) but I don't believe they've done that since (too costly). So the solid 9999999 is actually the LAST note & similar to 0000001 but doesn't typically get any additional "perk" in BV. Weird I know- but I guess all the 0's are more desirable. Its a bit like the BV for 1000000 is never as high as a solid 1111111 even though the million numbered note is just as hard (& often times) more scarce than the solid.


Quote:
Is it common practise on UK notes to still call it a "radar" in this instance or would it have to be something like AB12 344321?
No- your first example is a radar too (don't disqualify it because of the prefix/series #).

In Canada we had $20 in 1979 with numered prefixes and if the regular serial numbers aligned with them to produce a radar - they were called "Super radars." The second illustration you provide could probably be dubbed a super radar and should command a substantial premium.
Edited by walk2dwater
06/04/2019 12:12 am
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Collector28's Avatar
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 Posted 06/04/2019  05:16 am  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
Many thanks for the helpful replies everyone


Quote:
This note is below 1000 - so technically it's a low # note. Numbers between 1000-100 will command a certain/moderate BV (or Book Vallue) in various catalogues. Numbers from 100-10 (which is your note) a somewhat higher BV & numbers 1-2 quite high (& #1 the highest BV for low numbered notes). So your #34 is a great find.


Though I'm guessing the writing on it pretty much ruins any value it might have had? Not just one bit either - someone has written "450" on the watermark and someone has also written "280 50 330" in the margin - think this is bank workers? If only they'd check the serial number before writing on them...

I've gone through my folder and made a list of the serial numbers (besides the ones already stated) I think might be most interesting (they interested me, anyway).
Can I get your expert opinions on these?

£10:
777999

£5:
555525 (I know, a heartbreaking near miss but I felt it was too good to let slip away)
721721
529925

Also have a few nifty sets, which whilst perhaps not very valuable I like to look at.

Set 1 - containing only 3s and 7s
£10 373373 (this must have some value though, right?)
£10 373733
£5 777373

Set 2 - X026262
£10 026262
£5 726262

Also have a £10 note missing part of the left serial number - the 4th digit is very faintly visible but the 5th and 6th aren't there at all. Think this might be an under-inking error?

Now for the heartbreakers...
I once came across a £5 note starting XB whilst helping on an entrance somewhere...and not wanting to ask my parents to swap it out (I was young and was scared they'd think I was an eejit for wanting to), I let it go...it seems to be part of a rare experimental run and I never saw another
Also definitely had a £10 428428 once which seems to have gone missing...though it's possible I do still have it and I just misplaced it.

Thanks again for your help everyone, it's much appreciated
Edited by Collector28
06/04/2019 05:22 am
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Collector28's Avatar
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251 Posts
 Posted 06/04/2019  05:21 am  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
Apologies for not posting pics, too...I'm rather inept at anything technological and scanning something in is a complete mystery to me
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Collector28's Avatar
United Kingdom
251 Posts
 Posted 06/04/2019  06:21 am  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply

Quote:
In Canada we had $20 in 1979 with numered prefixes and if the regular serial numbers aligned with them to produce a radar - they were called "Super radars." The second illustration you provide could probably be dubbed a super radar and should command a substantial premium.


Just to clarify, I don't actually own AB12 344321 - it was just an example to illustrate my point (though you probably gathered that anyway)
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walk2dwater's Avatar
Canada
2571 Posts
 Posted 06/05/2019  11:01 am  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply

Quote:
someone has written "450" on the watermark and someone has also written "280 50 330" in the margin

So as I wrote initially -the condition of any banknote being discussed is paramount so if the note has graffiti (or pen marks), or tears, repairs, etc that's a problem. All these are serious detractions which scare off 80-90% of serious collectors who want notes in the best shape they can get. You can pretty much bet it will be near face value unless the note happens to also be a replacement, very difficult prefix (change-over) or short earlier series.


Quote:
721721
529925
£10 373373 (this must have some value though, right?)

The first is a repeater and last 2 are radars. If any are in uncirculated (or near perfect) condition they will be worth more. 373373 is also a 2 digit radar so it will have a higher value than the 529925 (in equal grade).

The 777999 and others that are 2 digit Serial Numbers (but wrong order) may get slightly above face value in top grade. The newer the series the less interest you'll find too (since a lot of collectors have collected repeaters, radars, and fancy numbers). Often sellers (on ebay & elsewhere) sell the 373373 & other notes with 3's/7's as "sets" and that is where they may get a little more than face. However, with the fees being so high these days, you see this done less & less (since most collectors will be turned off of the higher price). Sets will sell better if the note is a Commemorative or some such short run.
Edited by walk2dwater
06/05/2019 11:07 am
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Collector28's Avatar
United Kingdom
251 Posts
 Posted 06/05/2019  11:15 am  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply

Quote:
The first is a repeater and last 2 are radars. If any are in uncirculated (or near perfect) condition they will be worth more. 373373 is also a 2 digit radar so it will have a higher value than the 529925 (in equal grade).

The 777999 and others that are 2 digit Serial Numbers (but wrong order) may get slightly above face value in top grade. The newer the series the less interest you'll find too (since a lot of collectors have collected repeaters, radars, and fancy numbers).


I'll have to give them another look, but I very much doubt any are what would be described as near uncirculated - these are coming from ordinary circulation and considering the vast majority of people don't check serial numbers, you can bet these circulated for a while. Perhaps their only selling point would be they are the older design notes, not the newer polymer (though even that's grasping at straws a bit in terms of any value). 373373 is a repeater radar, which sounds cool

I do have a small amount of crisp, old design notes, which might see some value well in the future. Heck, I've even snagged an Elgar £20 and a Dickens £10 from people not knowing they were phased out ages ago. Amazing what people try and pay for things with - though of note perhaps is that both of these were old people using them (and thankfully family saved them for me), so potentially they dug into an old stash or something.

I could perhaps try and figure out a way to upload pics, since I'm curious as to whether my £10 note that is missing part of the serial number is legit and not some sort of science experiment (though I'm fairly convinced it is a legitimate error, there's no evidence of smudging which you might expect if chemically removed). It's got some rather nasty folding but it must hold at least some premium if genuine?

I'm not at all interested in selling, but have been wanting some other opinions on things lately and this community seems good for that
Edited by Collector28
06/05/2019 11:20 am
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walk2dwater's Avatar
Canada
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 Posted 06/06/2019  2:56 pm  Show Profile   Bookmark this reply Add walk2dwater to your friends list Get a Link to this Reply
Since you got the notes out of circulation (& didn't pay a premium) I think you did well.
However, don't expect a huge premium because they were the last paper series (before the switch to polymer) & that means that you weren't the only one tucking away an "Edgar" or "Dickens." You'd be surprised by the # of people who figured the last paper series would be valuable and hoarded a large number of notes. If you don't believe me- try going on ebay and check out World Paper Money. Many World paper sellers have UNC GB notes for sale and many Asian sellers are selling at fairly low cost. In fact, if you do like collecting banknotes than I highly recommend you buy now- during a period of "deflation." Not sure if its from so many nations printing vast quantities, a drive towards Bitcoin, or gold sellers bashing currency- but the prices on world paper money are just ridiculously low right now- so buy now (if you're interested).
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Collector28's Avatar
United Kingdom
251 Posts
 Posted 06/07/2019  09:27 am  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply

Quote:
Since you got the notes out of circulation (& didn't pay a premium) I think you did well.
However, don't expect a huge premium because they were the last paper series (before the switch to polymer) & that means that you weren't the only one tucking away an "Edgar" or "Dickens." You'd be surprised by the # of people who figured the last paper series would be valuable and hoarded a large number of notes. If you don't believe me- try going on ebay and check out World Paper Money. Many World paper sellers have UNC GB notes for sale and many Asian sellers are selling at fairly low cost. In fact, if you do like collecting banknotes than I highly recommend you buy now- during a period of "deflation." Not sure if its from so many nations printing vast quantities, a drive towards Bitcoin, or gold sellers bashing currency- but the prices on world paper money are just ridiculously low right now- so buy now (if you're interested).


I'm very well aware of this - I did state this in my post

I've been more focused on my penny collection of late, but I will look to scour the banknote market at some point in the near future.
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