British 2016 polymer £5 note sheet sells for $11,000

A sheet of 60 British 2016 polymer £5 notes has sold for £8,500 ($10,838) in a charity sale of low numbered British banknotes at Spink London

That's more than double its £4,000 ($5,100) estimate prior to the October 3 auction.

polymer fiver sheet
The sheet consists of 60 low numbered £5 notes

All bear prefixes from AM01-AM60 and feature the serial number 428000.

The issue was released on September 13 and replaces the paper £5. It has a range of new security features and is designed to be much more durable than its predecessor.

Notes bearing the AA01 prefix are particularly sought after, with a very low numbered specimen (AA01 000017) achieving £4,150 ($5,291) - an auction record for the new note.

 Please sign up to our free newsletter to receive exciting news about coin and banknote auctions.

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock