Rare Kendal banknotes sell for £2,500 at auction

Posted: 15/04/2011 16:05:25 by Anne-Marie O'Neill

THREE rare black and white Kendal banknotes - all produced more than 150 years ago when the town printed its own money - sold for £2,500.

All three notes are emblazoned with the words 'Kendal Bank' and are proofs, so they were never issued and have remained in "as new" condition. The £10 note went for £1,000, while the £5 note sold for £850 and a £1 note fetched £650.

Kendal printed its own money in the late 1700s and early 1800s because it was too difficult and dangerous to bring in large quantities of cash 259 miles from London.

They were sold at Spink auction house in Bloomsbury, London.

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