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£5 notes 'worth £20,000' in circulation £5 notes 'worth £20,000' in circulation
(35 minutes later)
Four special £5 notes, engraved with a tiny portrait of author Jane Austen, are being been put into circulation and could be worth more than £20,000.Four special £5 notes, engraved with a tiny portrait of author Jane Austen, are being been put into circulation and could be worth more than £20,000.
The first of four notes featuring art by specialist micro-engraver Graham Short was spent in Kelso in the Scottish Borders on Monday.The first of four notes featuring art by specialist micro-engraver Graham Short was spent in Kelso in the Scottish Borders on Monday.
Three more notes will be spent in England, Wales and Northern Ireland this week.Three more notes will be spent in England, Wales and Northern Ireland this week.
Mr Short's last work, a portrait of the Queen on a pinhead, sold for £100,000.Mr Short's last work, a portrait of the Queen on a pinhead, sold for £100,000.
The £5 note project is in collaboration with the Tony Huggins-Haig Gallery in Kelso. It is claimed that each of the £5 notes in the new project could fetch £20,000 at auction.
Mr Short came up with the idea of engraving a 5mm portrait of Pride and Prejudice author Jane Austen on the transparent part of the new plastic Bank of England £5 notes, to mark the 200th anniversary of Austen's death next year.Mr Short came up with the idea of engraving a 5mm portrait of Pride and Prejudice author Jane Austen on the transparent part of the new plastic Bank of England £5 notes, to mark the 200th anniversary of Austen's death next year.
He has included a different quote around each one, ensuring that each note is unique.He has included a different quote around each one, ensuring that each note is unique.
The idea is a collaboration with the Tony Huggins-Haig Gallery in Kelso.
The artist and Mr Huggins-Haig decided that rather than auction them globally, they would simply hand them out secretly and - after launching new art collections in Kelso at the weekend - the first one was spent in a nearby shop.The artist and Mr Huggins-Haig decided that rather than auction them globally, they would simply hand them out secretly and - after launching new art collections in Kelso at the weekend - the first one was spent in a nearby shop.
Anyone finding one of the notes has been advised to contact the gallery in Kelso.Anyone finding one of the notes has been advised to contact the gallery in Kelso.
They will provide advice on how to put the artwork up for auction or hold on to it in the hope it increases in value.They will provide advice on how to put the artwork up for auction or hold on to it in the hope it increases in value.
The four notes have the serial numbers AM32 885551, AM32 885552, AM32 885553 and AM32 885554.The four notes have the serial numbers AM32 885551, AM32 885552, AM32 885553 and AM32 885554.