eBay '˜upside down' fivers selling for silly money

Online auction site eBay is being flooded with listings for '˜upside down' five pound notes - with some attracting bids of thousands of pounds.

Wednesday, 19th October 2016, 11:50 am
Updated Tuesday, 25th October 2016, 3:17 pm
The eBay auction has been pulled from the site, but many copy-cat versions are now online.

The sudden interest in collecting banknotes has been sparked by prankster Mike Harris, who listed an ‘upside-down fiver for sale - and attracted bids of as much as £65,000.

However, interest in rare currency has recently received a boost, as when the Bank of England introduced their new plastic fivers, low-numbered notes were attracting bids of as much as £4,150 from currency collectors.

The original listing for the upside-down note read: “New £5 bank note printed upside down. Extremely rare opportunity for the most serious collectors. Seller can confirm that this is the only known upside down £5 note in existence”.

However, the fact that the sale was tongue-in-cheek was flagged by the additional info supplied by Harris: “Authenticity of note verified by Department of Upside down Printed English Denominations (DUPED).”

Although the original listing has been removed - eBay rules bar the same of novelty money (even though this was a genuine note) - dozens of similar listings have since appeared.

With very few of the listings attracting bids - and none close to the £65,000 apparently bid - it seems that - though those newly attracted to the study of money, or numismatics, should still beware.