News in Brief

New King Charles Notes Auction

The Bank of England has now put into circulation the new series of notes bearing the portrait of King Charles III.

It has become a tradition in the UK that with each issue of a new banknote, a group with low or ‘lucky’ serial numbers is set aside for sales at a charity auction conducted by Spink & Son in London. The first of four such auctions, which took place on 5 June, the day of issue, was for the new £5, one of which sold for £11,000, as did an uncut sheet.

Two weeks later, at the auction for the new £10 notes, one sold for £17,000. The remaining two auctions for the £20 and £50 notes will take place in July.

Cennox Launches i.nk+

Cennox, a banking and retail services business, has announced the global launch of i.nk+, its latest solution for intelligent banknote neutralisation systems, which represents a fusion of ink staining cassette technology with a cloud-based platform.