Are 50 pound notes still valid?

Are 50 pound notes still valid?

Yes you can still currently use paper £50 notes. The paper and polymer £50 notes are both in circulation and are considered legal tender at present. But you have to make sure you spend your paper £50 note now before the expiry date.

What is a 50 pound note worth?

AA notes are the most valuable, but anything with an A in it could be worth more than the value of the note itself. For example, we’ve recently seen AA £50 notes on eBay go for £78. But other notes with early serial numbers have gone for much higher. Back in 2017, an AA01 £5 note sold on eBay for over £60,000.

Is Bank of England 50 pound notes still legal tender?

30 September 2022 is the last day you can use our paper £20 and £50 notes. After 30 September 2022, many banks will accept withdrawn notes as deposits from customers. And, you can always exchange withdrawn notes with us.

What can I do with an old 50 note?

If you have an old note that is no longer in circulation, you can exchange it for a new one. Many banks will still accept them as deposits from customers. The Post Office may also accept withdrawn notes as a deposit into any bank account.

What is the rarest pound note?

The Bank of England sold more than 100 AA01 notes in a charity auction in October 2016, with a note carrying the serial number AA01 000017, the lowest available to the public, according to auctioneers Spink, going for £4,150, much more than the initial estimated selling price of £800.

Do Asda take 50 pound notes?

We accept £50 notes in ASDA, it’s just the self-scan machines that won’t take them.

Are paper 10 pounds still legal?

Bank of England paper £5 and £10 notes, which were issued in England and Wales (although they could still be spent elsewhere in the UK), are no longer legal tender having been replaced by polymer plastic versions in 2017 and 2018 respectively.

Are old 20 notes still legal?

The old £20 notes will stay valid until the September 2022 expiry date given by the Bank of England. The Bank of England have said that many banks will still accept the “withdrawn notes as deposits from customers” and so will the Post Office.