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Million Serial Banknotes

 

ENGLISH Million Serial Banknotes

 

Million serial banknotes exist to keep the accounts balanced. A million serial banknote, also known as 'Terminators', is special as it has a seven digit serials, hand-made. Regular serials have six digits. Million serial banknotes were issued over the counter by the high street banks as normal banknote were. Million serials exist from the Bradbury 1917 third treasury period, and as of Series 'C' Portrait B281 O'Brien 1960 to B316 Fforde £10 1967 the highest serial was 960000, therefore no million serials during this period. Most banknotes found are in a poor grade (condition), probably taken down the pub and shown around a few times.  Email  pam@britishnotes.co.uk  or  Phone 0208 641 3224  if you have any further information.

Bradbury one pound banknote of 1917  Million serial  (seven digits the normal is six)

Britannia B271 10s Million serial banknote

 

Britannia Million Serial Banknotes     Please send in prefixes of unrecorded Millions

 


Cat  No Denom Prefixes Logged
     
Catterns    
B225 £1 J20.
     
Peppiatt    
B236 10s 16O  27W
B238  £1 45Y  85Y.  10U
B239  £1 D29A. E13A
B249  Blue  £1 J26D  L74D  X47D  B26E.  K95E  R55E
B251  Mauve 10s A99D  E98D  K77D  Y87D.  Z99D 
B260  £1 W36A  W56A  W79A  A37B  H36B. 
     
Beale    
B265 10s 34D  85D  73C.
B266 10s U21Z  T37Z  T53Z  R26Z  N24Z  N76Z  N80Z
    K89Z  J14Z  D50Z  E42Z
B268  £1 J66B   M08B  X41B  Y20B
    A73C  J12C  N24C  S39C S60C  U36C. Z94C
    D78J   E93J  K57J   K81J
     
O'Brien    
B271 10s A37Z
    Z18Y  Z31Y  Y13Y  X33Y  W78Y  O05Y  O07Y  N65Y
    K31Y  K39Y  J66Y  E94Y  D27Y  B03Y  B80Y.  A32Y
    Z21X  Z89X  Z95X
B273  £1 N06J  R27J  S52J  S72J  S94J  T38J  T74J  X63J  Y77J  Z39J
    A45K A88K B89K  C28K C87L D10K E14K E64K  E90K. E97K             
    O02K R26K S39K S56K T80K U28K U67K U79K U99K
    W34K  W68K  W68K  X58K Y17K
    B12L  H29L  H44L  K13L

Underlined Prefixes are True Firsts or Lasts

 

Mauve Peppiatt 10s Million serial   English Paper Money catalogue B251

 

How Were They Made?

Numbering barrels on the printing machines have only six digits. To overcome the need for seven digits on a million serial banknote, a single nought '0' would be removed from a spare numbering barrel. A sheet of banknotes would be specially printed with 100000 serials. The '0' would be inked up and added by hand to both serials in turn. Members of staff, in a competitive manner, would take turns adding the noughts to the end of the 100000 serials, one banknote per person. The best alligned serialed banknote would be chosen for issue, the remainder destroyed. Alternatively, if room was available, a figure '1' would be inserted before 000000 serials on a specially printed sheet.

 

Why Were They Made?

The Printers had to supply a million banknotes per prefix, as required by a Government 'warrant' setting out the terms of: quality, quantity, durability, etc. Thus a million serial banknote had to be hand-made for every prefix printed.

Peppiatt green Britannia Million serial banknote B238

Britannia B249 £1 Million serial banknote

 

Table of Other English Millions Serial Banknotes

 

Cat No Denom
Prefixes Logged                                                                        
     
Bradbury    
T16 £1 A32.  E94 
     
Fisher    
T31 £1 B1/78.   P1/83
     

Fforde

   
B305 £1 S38K  T37B.  T50D  T50H  T69H  T85J
     

Page

   
B320   W86B.  X78A  X29C  X60E  X33H  X57L
     
B322                £1 BS44  BZ23
    CS08.  CS09  CS10  CS11  CS12  CW81
    EN04  ER51  ET04
    HS25  HS40  HX29
     
B330 £10 A78  B20.  C08  E77

 

A million banknotes per serial were printed up to the mid 1950s.  Then only 960,000 banknotes were printed per serial, reverting back to a million in the mid 1960s.  Catalogue numbers known not to have million serials include Lion & Key £5 B277 & B280 £1 to £10 B281 through to B299.  Others may also exist.  No million serials seen on replacements. Scottish, Irish, Jersey, Guernsey and Isle of Man million serials known.

1970s £1 Page signature Million serial banknote

1970s £10 Page signature Million serial banknote

 

Buying Similar Items, what do you have to offer?

 

Bank of Ireland £20 2008, raised last nought top left. The last '0' on the vertical ladder serial is the same size as the second to last '0'.

Bank of Scotland first prefix million of 1970.  Capital i used not a 1

RBS Million serial signed by Fred Goodwin (Fred the shred)

The last '0' on the bottom left ladder serial is the same size as the second to last '0'. A larger '0' not available?  Last '0' on vertical serial out of line.

Look how close the last '0' is to it's neighbours

Last nought too close to edge of note, also fainter  

Last nought, under signature, seems to have slid down and lost its shape