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London CNN —A record-breaking series of auctions of King Charles III banknotes has raised £914,127 ($1.2 million) for 10 UK charities, according to the Bank of England. The banknotes, auctioned by Spink & Sons over the summer, sold for 11.7 times their face value of £78,430 ($100,318), as collectors snapped up some of the first versions of the new cash to roll off the printing presses. The runaway success of the auctions highlights the value that collectors attach to banknotes with especially low serial numbers, which denote that they are among the first to be printed. “Lucky numbers” also attracted high bids, according to Spink & Sons. Two £5 notes with serial numbers ending in 88 and 888 were auctioned for £2,200 ($2,800) and £2,400 ($3,100).
Persons: King Charles III, King Charles, BOE, Queen Elizabeth II, , Gregory Edmund, ” Edmund, Sarah John, Winston Churchill, Queen Elizabeth, Churchill, London — Organizations: London CNN, Bank of England, Spink & Sons, Spink, CNN, WWF, Trussell, British Locations: United Kingdom, BOE, British, London
Retailers are entering the holiday season amid a swirl of mixed economic signals. That leaves companies expecting another busy shopping season as they continue to grapple with a competitive job market. Before the holiday hiring rush, retailers were already looking to fill 800,000 open positions, according to the retail federation. There are some signs though that the labor market is starting to shift in employers' favor. "This speed is imperative during holiday hiring," John Patterson, Macy’s vice president of talent, said in an email.
A couple in England had the surprise of a lifetime when they discovered a stash of rare coins underneath the kitchen floorboards during a renovation project. The haul of rare coins were recently sold at auction for $852,380 against a provisional sale estimate of $231,390. According to The Yorkshire Post, the coins have been linked to a Hull merchant family, the Maisters. Spink and SonHe explained that while it’s ordinary for rare coins to be sold at auction, the unique history of these coins and their amazing discovery made the sale extraordinary. Still, he hopes that it won’t cause people to start renovating their homes in hopes of making a similar discovery.
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