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icydee t1_j28dloy wrote

There were nine one million pound (sterling) notes issued in the UK in 1948. This was done for a short term to shore up the UK economy pending a loan from the USA.

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Derikoopa OP t1_j28dteb wrote

Fascinating! I thought this idea was purely hypothetical Do we know what happened to them? I assume they are laying in some bank?

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icydee t1_j28ecjl wrote

All but two were cancelled and destroyed, these two were given to American and British treasury secretaries and are in private hands. Serial number ‘8’ was auctioned off for £69,000

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