Auction Catalogue

24 April 2014

Starting at 12:00 PM

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British and World Paper Money

Washington Mayfair Hotel  London  W1J 5HE

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Lot

№ 103

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24 April 2014

Hammer Price:
£16,000

Treasury Bill, One Million Pounds, 8 September 2003, R 016492, on fully watermarked paper, signature of Andrew Turnbull, Secretary to the Treasury, stamped cancelled at lower left, small number stamped on back, 228 x 152mm. About uncirculated to uncirculated, extremely rare £5,000-10,000

This is only the third Treasury note for £1m to become available to commerce. Two earlier examples, accounting for monies received through the Marshall Aid plan after World War II, have previously been sold by auction