Rare Queen Elizabeth banknote sells for £150,000 in Singapore

A rare $1000 banknote featuring Queen Elizabeth II has been sold for a remarkable £150,000 (S$260,000) in Singapore. The note is considered the "most expensive" to feature the Queen's portrait. This auction took place at Noonans, a specialist auction house, and marked the first public sale of this specific note. The banknote dates back to March 21, 1953, during the early years of Queen Elizabeth II's reign. It was originally estimated to sell for between S$100,000 and S$150,000 (£60,000-£90,000), but it exceeded expectations by a significant amount. The sale was part of the final section of the Frank Goon Reference Collection, known for its rare British Malayan banknotes. Andrew Pattison, who heads the banknote department at Noonans, noted that there was considerable interest in the note. Many collectors visited the auction just to see it, taking selfies and group photos. The winning bidder was described as a dedicated collector who appreciates rare notes and anything related to Queen Elizabeth II. The sale has set a new world record for banknotes featuring the Queen, contributing to a total of £3.2 million raised from the entire Frank Goon collection.