Hotel manager hopes to be quids in with first batch of new fivers on eBay


A hotel manager is hoping to make a four-figure profit on 30 new £5 notes, after getting his hands on the first batch hot off the press at his local bank.

Tim Mitchell, who is general manager of Chatsworth House Hotel in north Wales, got £150 worth of new five pound notes from an HSBC branch in Llandudno, which had the prized serial number AA01.

Now he is taking his chances and putting them up for auction on eBay, hoping to get around £40 for each of them, which would see him make a profit of more than £1,000.

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Speaking to the Daily Mail, he said: “I went to get some £5 notes for change for the day at the hotel. When I checked the notes I found 30 of them had the AA01 serial number.

“So I went on eBay to see what they were selling for. I saw they were going for £40 or £50 with some special numbers going for far more.

“I started to put the notes online myself and so far have made £430 from 11 notes. I had £150 worth of £5 notes.”

Last month collector Alan Scrase also hit the jackpot after finding three fivers with consecutive AA01 serial numbers when he visited a bank branch on the day after they were launched.

Bank of England governor Mark Carney said the new note – like those issued in Australia – would be cleaner, safer and stronger than paper cash.