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Banknote of the Week

£5 Peppiatt B241c Hull Branch Note (GVF) T/196 85717 – Hull 2nd May 1935

£5 Peppiatt B241c Hull Branch Note (GVF) T/196 85717 – Hull 2nd May 1935

A few days ago I found a folder with banknotes, a folder that had gone 'missing' for some years. I could not be more surprised. So, I am listing the notes over the coming days. They are all priced some way below the EPM value so all the notes are worth a look. THey are mainly TReasury and White notes. The above Hull Branch note is one of the rarest with only twenty three known to be in existence. It is in a higher grade than any others I have seen. A major dealer has a Hull note in AVF grade priced at £1400, so this offer is hard to match. If you have any notes to sell, to discuss do contact me. Nothing is too trivial and where possible I shall make an offer for the notes. I am but a phone call or an email away. I am delighted to help.

Featured Bank Notes

British banknotes, paper money, has a long history dating back to 1695, the year after the founding of the Bank of England. Scottish banking history shares the same date of origin but was not established in a state funding role unlike the Bank of England. Over the centuries, banknotes have developed in face value even though for most people until 1914, banknotes were rarely seen or used.

It was after the outbreak of WW1 banknotes were produced with lower values, 10/- and £1. These are ‘Treasury Notes’, signed by the Chief Cashier of the Bank of England, John Bradbury. ‘Bradburys’ and ‘Warren Fisher’ notes are very collectible. Some notes are rare and of great value. Collectors of British banknotes are attracted by their design, rarity, currency history and can be seen also as an investment.

For most, it is an interest, focussing upon a particular area such as Treasury Notes, White Banknotes, Replacement Notes, Experimental Notes, Errors, Low serial numbers, Debdens, First and Last runs. Amongst the British and World banknotes on offer here, I hope you will find banknotes to enhance your collection. Have a look also at the Provincial Notes on offer.as these highlight the proliferation of banks in the 18th and 19th Centuries.

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My banknote collection will be sold at London Coins in June and September. Hopefully, the notes will find an interested collection of buyers. My goodness, there are some superb notes to be sold. Whilst clearing out the office I found a folder with notes in an old briefcase. I had ‘filed’ the notes there years… Read more »