Rare fiver was sold for £260

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A very rare and possibly unique Spalding five pound note, issued 180 years ago when Spalding printed its own money, has been sold for £260 at auction.

The note, with its value underprinted in blue and emblazoned with the words Spalding Commercial Bank was issued on May 3, 1830, during the reign of King George IV.

Before the auction at Spink, in Bloomsbury, London, the valuable fiver have been expected to sell for between £200 and £300.

It was snapped up by a mystery bidder.

The note, described by auctioneers as “very rare” was part of an extraordinary collection of English provincial banknotes sold by multi-
millionaire Jersey-based property tycoon David Kirch (75).