The new £5 notes have made a refreshing change but paying tens of thousands to get hold of one with a good serial number does seem a little excessive.
Yet, that is what’s happening on eBay where one with an AK47 serial number is currently entertaining bids of £65,000 plus and others are not too far off either.
A staggering bidding war on Gareth Wright’s £5 note has seen its value shoot up 13000% with more than 100 bids made.
And it all happened by chance after he withdrew £10 from a cash machine.
However, the seller from Twickenham is concerned that many of the excessive bids on his fiver are not genuine.
He told The Sun that the highest bid rose dramatically from £62 to £8,000 as soon as it was shared on Facebook.
He added that he thinks it’s unfair people have inflated the price if they don’t intend to pay it and that none of the top bidders have replied to his messages.
But Gareth isn’t the only one making decent gains on £5 notes, with the early serial numbers selling for hundreds of pounds on the bidding site.
eBay said: ‘When you bid on eBay you enter a binding contract (which is why you have to be over 18 to use the site).
‘Where we believe there is unhelpful bidding activity we will take an active role in monitoring the sale for the seller.’
courtesy Toby Meyjes, Metro.co.uk Wednesday 12 Oct 2016