A person holds some of the newly released banknotes, featuring the King's portrait, outside the Bank of England, London.
LONDON — Auctions of King Charles III bank notes with low serial numbers have raised £914,127 ($1.17 million) for charity, according to the Bank of England.
Four auctions took place over the summer — for £5, £10, £20 and £50 notes — with the proceeds set to go to a range of charities.
This includes the Bank of England's three 'charities of the year' as well as seven others that have not benefitted from charity auctions of banknotes since 2016.
Each charity received just over £91,400 of the proceeds, the BOE said.
Persons:
King Charles III, BOE
Organizations:
Bank of England, Bank of
Locations:
London