Auctions of early King Charles bank notes raise $1.17 billion for charity

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. A £50 sheet was auctioned for a record-breaking £26,000, while a single £10 note was sold for as much as £17,000. King Charles bank notes entered circulation for the first time in June and are the first notes to depict a monarch other than Queen Elizabeth II. Four auctions took place over the summer for different denominations of notes, with the proceeds going to various charities. Each charity received just over £91,400 of the proceeds.