News from Spink

MILLION POUND NOTE UP FOR AUCTION

Spink is pleased to announce the sale of the famous Number Eight £1,000,000 note. It is believed that only two notes of this high denomination exist in the world today, the other numbered 000007. The million pound note was issued in connection with the Marshall Aid Plan after World War II and was intended for internal use as ‘records of movement,’ for a period of six weeks only. It is believed that nine examples were produced and only two, Numbers Seven and Eight, survived. The two notes were given as mementoes to the respective U.S. and U.K. Treasury Secretaries. The Number Seven was first sold in 1977 and is listed in the Guinness Book of Records as being the highest denomination note in private hands.

The Number Eight note is dated 30 August 1948. It bears the signature of E. E. Bridges in the lower right hand corner and is cancelled over the signature and stamped 6 October 1948, Bank of England. It has been consigned to auction by Mr. Bill Parkinson.

About Spink

Spink is the world’s leading auctioneer of coins, stamps, medals and banknotes with offices in London, Singapore, New York and Dallas.  Since its foundation in 1666, the Spink name has become synonymous with tradition, experience and integrity. Holders of three royal warrants and numerous records for prices achieved at auction, Spink offer an unparalleled range of services to collectors worldwide.

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