- One of the most enjoyable aspects of collecting banknotes is the hunt for those serial numbers that are unique, special and in some cases highly sought after by collectors. Finding the right one can add a vast amount of worth to your banknote portfolio. Banknote serial numbers do have unique serial numbers in each country.
- Those worth serious money tend to be notes with a desirable serial number. The numbers on the notes are split into two parts. The first is the ‘prefix”: You ideally want the very first prefix, which in the case of the polymer £5 and £10 notes is AA01. After that, there are six numbers, and you want the lowest number possible.
- Information for collectors of banknotes including a serial number look-up. Information for collectors of banknotes including a serial number look-up.
Posted by3 years ago
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Bank Of England £5 Note Serial Numbers
Often times in films I see it mentioned that banknotes that are paid out for ransom have had their serial numbers numbers written down so that the bills can later be tracked.
What I don't get is by what mechanism is this done? When you go into a store I've never seen the cashier check the serial number on the cash you give them and compare it against some database.
ELI5: How are the serial numbers on banknotes tracked? When you see a clerk check the serial number of a banknote it is probably checking for forgeries as forged banknotes generally all have the same number. So it is relatively easy to tell shops that $100 bills with the serial number AE12345678BES are forged. Australian special banknotes with first or last prefix serial numbers, commemorative issues and rare banknotes.
So at what point is the number tracked? Does the bank scan it when they receive to process the money and then compare it against some database of serial numbers?
Bank Of England 10 Shilling Note Serial Numbers
Even then surely the money would have come via a third party (say a store bringing in their cash receipts) and not necessarily from someone who directly received the illegal funds.
Or is this just something that happens in films and doesn't actually happen in real life?
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8 comments
Answer
Wiki User
09/06/2010
You cannot date most British banknotes from just the serialnumber.
You need a combination of the Chief Cashiers name, the serialnumber and the denomination, and sometimes the design of thebanknote.
For example -
A Bank of England Ten Pound note, Chief Cashier Merlyn Lowther,serial number KL01 123456.
This information alone tells me that you are referring to a Bankof England E Series Ten Pound note featuring Charles Dickens on thereverse and was printed in 1999. Also, that the note is no longerlegal tender having been superceded by the Charles Darwin Ten Poundnote.