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| Version 3 | Version 4 |
|---|---|
| £1m banknote auctioned for £78K | £1m banknote auctioned for £78K |
| (1 day later) | |
| A £1m Treasury note has fetched £78,300, twice the expected price, at an auction in London. | A £1m Treasury note has fetched £78,300, twice the expected price, at an auction in London. |
| The note, numbered 000008, was issued after World War II in connection with the Marshall Aid Plan. | The note, numbered 000008, was issued after World War II in connection with the Marshall Aid Plan. |
| The Marshall plan was a programme of funding given to Western Europe by the United States to help with recovery after the war. | |
| Another £1,000,000 note numbered 000007 was sold for £8,000 in 1977, through a private sale. | Another £1,000,000 note numbered 000007 was sold for £8,000 in 1977, through a private sale. |
| Private ownership | Private ownership |
| It was listed by the Guinness Book of Records as being the highest denomination in private ownership. | It was listed by the Guinness Book of Records as being the highest denomination in private ownership. |
| The number eight note is dated 30 August 1948. | The number eight note is dated 30 August 1948. |
| It bears the signature of E E Bridges, secretary to the treasury, in the lower right hand corner and is cancelled over the signature and stamped 6 October 1948, Bank of England. | It bears the signature of E E Bridges, secretary to the treasury, in the lower right hand corner and is cancelled over the signature and stamped 6 October 1948, Bank of England. |
| Before the sale a spokesman for Spink auction house told Coinlink that the defunct number eight note, entered for sale by UK-based banknote collector Bill Parkinson, was expected to fetch between £35,000 and £40,000 in the world banknotes sale at its auction house in Bloomsbury. | Before the sale a spokesman for Spink auction house told Coinlink that the defunct number eight note, entered for sale by UK-based banknote collector Bill Parkinson, was expected to fetch between £35,000 and £40,000 in the world banknotes sale at its auction house in Bloomsbury. |
| It is believed notes number seven and eight are the only remaining notes of nine that were produced at the time. | It is believed notes number seven and eight are the only remaining notes of nine that were produced at the time. |
| They were given as mementoes to the US and UK Treasury Secretaries. | They were given as mementoes to the US and UK Treasury Secretaries. |