Setting a new world record, a rare Australian banknote of 100 pound was sold at a sky-high price of more than half a million dollars! The note that was auctioned by Noble Numismatics in Sydney, was subject to a fierce bidding war between two collectors.

The bids opened at $210,000, with the final price expected to be about $350,000. But the bidding war ensured that note surpassed expectations, and eventually got sold for a whopping $410,000 in addition to the buyer’s premium and GST!

The final cost got pushed up to the final total paid to $500,200. Isn’t it amazing! This note issued in 1914 that was discovered in a Tasmanian Deed Box in the mid-1970s is "perhaps the world's rarest banknote". It has traded hands between collectors relatively rarely. The eventual buyer of this rarity was an Australian private collector.

Stories about such rare beauties makes you want to start collecting, don’t they? Well we may not start buying notes at half a million dollars, but we can definitely start small. Explore our shopping section to collect some interesting banknotes of various countries across the world!

Image Courtesy: Nobel Numismatics