20th September 2017

New £10 Notes Are Out: How much is yours worth?

The new £10 notes have recently been released this week.

They are marked with Jane Austens face as the year 2017 marks the 200th anniversary of her death in 1817. Many people question the value of the notes during the early days of their release because the earliest notes are worth a lot more than the value of the note itself.

The thing to keep an eye out for is the serial number on the notes. The serial number is printed on one side of the note, the side with Jane Austen’s face on it. It is two letters followed by numbers from 000001 to 999000. The lower the number the more valuable the bank note.

The first note printed will be given to the queen, the second to Prince Phillip, the third to Theresa May and the fourth to Chancellor Phillip Hammond. There will also be some early ones given to museums.

Simon Narbeth, a specialist paper money dealer, said the first million £10 notes will contain a prefix of AA01 and could be worth £50.

Other numbers are also valuable, including James Bonds 007 and the machine guns number AK47. Serial numbers specific to Jane Austen herself will also be valuable including her date of birth 15 121775 and date of death 18 071817 and the years of her birth and death combined 17 751817. Similarly, the prefixes JA01, JA75, JA17 will also be popular in the future when they are printed.

According to the Daily Telegraph, an AK37 007 £5 note sold for £5,000 which is 1,000 times its face value, while some of the AA prefix £5 notes sold for just £20, which may give some idea of how the early £10 notes will sell.