New £5 notes selling for £200

They’ve been in circulation for less than a fortnight.

The first ever note has the serial number AA01 000001, but is said to have been given to the Queen.

The new £5 note featuring Winston Churchill is in circulation and some are selling for hundreds of pounds on auction website eBay.

One collector revealed he had sold three of the polymer fivers for £460 on internet auction site eBay.

The Queen was presented with the first note leaving a further 999,998 fivers bearing the AA01 prefix.

Collector Alan Scrase hit the jackpot after finding three fivers with consecutive AA01 serial numbers.

The initial batch of new £5 notes printed by the Bank of England feature a serial number starting AA01, followed by a six-digit number.

How can I get one? You just go in your bank and ask for them.

And when Loans at Home took a look, they realised some people were paying more than £200 to get their hands on them.

Mr Scrase said he would spend the money on adding to his collection of U.S. banknotes.

But there are other new notes due to be released that could also be valuable if you get one of the first batch.

Issued by the Bank of England last Tuesday (September 13), it is smaller, stronger and made of polymer, meaning it can apparently survive a trip through the washing machine.

The new £5 note paves the way for a new generation of security features, making the note harder to counterfeit, the Bank of England claimed.

The plastic material means each note is expected to last around five years rather than the two years paper ones last.