Rare King Charles Banknotes Could Be Worth Thousands
Rare King Charles Banknotes Could Be Worth Thousands

Collectors are being urged to check their wallets for rare King Charles III banknotes that could be worth up to £20,000. The new notes, which entered circulation in June, feature the monarch's portrait and are gradually appearing alongside those of the late Queen Elizabeth II.

TikTok user @CoinCollectingWizard, who has 200,000 followers, advised looking for low serial numbers. In a recent video, he said: 'Stop what you are doing and check your King Charles bank notes today.' He explained that the King received the first set of notes with the lowest serial numbers, and collectors are seeking notes close to 000001.

According to the TikToker, a note with the serial number CA01 0000003 could be worth around £4,000. He added that certain notes might fetch as much as £20,000. The video has garnered hundreds of likes and comments, with one user calling the information 'excellent' and another admitting they would 'check' their notes.

The Bank of England has confirmed that King Charles notes are now in circulation and will co-circulate with Queen Elizabeth notes. Experts recommend checking eBay for current sale prices, but caution that values can vary. The key is to find notes with low serial numbers, as these are the rarest and most sought after by collectors.