Britons urged to check purses and wallets for £5 notes which would be worth more than £100

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Shoppers who have £5 notes in their purses or wallets could be in for a small fortune. Britons who have notes with certain details on including a quirky serial number or banknotes with errors, could be the owner of a rare note. 

One 1957 £5 note recently sold online for £113.11.

The banknote was an example of the jumbo-sized version which was in circulation from 1945 to 1957.

Notes like these are being sold for large sums on auction sites like eBay.

The old fashioned £5 notes were sized 211mm by 133mm, the largest ever one in circulation.

In great condition, the note has 28 bidders on it.

However, modern £5 notes, which are more likely to be in people’s possessions, have also sold for a lot of money.

A polymer £5, which was introduced into circulation back in 2016, recently sold for £99 online.

This was because it had a unique serial number of AA01 010110.

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This indicates that it was one of the first polymer notes ever to be made.

Another serial number that is making £5 more valuable is AK47.

Recent auctions of the notes have been listed for over £100.

As well as unique serial numbers, printing errors can also cause a bank note to sell for a high price.

One note sold for £266.06 online earlier this year because it had no signature from the chief cashier of the Bank of England.

This is normally a security feature that features on all banknotes.

The Royal Mint manufactures around four million coins a day, which also means there can be errors in the process of coins too.

One 2p coin sold for almost £1.40 after it was found to contain cupronickel.

This is the silver metal alloy that is normally used to make other silver coins such as 5p and 10p coins.

The Royal Mint recently released an official Tigger 50p coin in a collection inspired by Disney’s Winnie the Pooh.

Clare Maclennan, The Royal Mint’s Divisional Director of Commemorative Coin, said: “Winnie the Pooh is a family favourite which, just like the joy of coin collecting, unites generations.

“With so many loveable characters in the range, combined with the craftsmanship and innovation at The Royal Mint, the collection inspired by Disney’s Winnie the Pooh, is an excellent choice for coin collectors and Pooh fans, and a fitting tribute to the lovable bear and friends on the 95th Anniversary of the adventures in Hundred Acre Wood.”

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