Old £5 banknote is set to sell for £26,000 as experts say it is a 'lifetime chance' for collectors

An old £5 banknote from 1892 is tipped to fetch £26,000 at auction in what experts have called a 'once-in-a-lifetime chance' for collectors. 

The rare note, printed in Birmingham 133 years ago and signed by then-chief cashier Frank May, is going under the hammer for more than 5,000 times its face value.

Specialists believe it is the only surviving Birmingham-issued fiver of its kind, making it one of the most sought-after pieces of Bank of England history.

Andrew Pattison, head of the banknote department at Noonans, said: 'The note is being sold by a long-term collector of high-end Bank of England notes, and we believe it is the rarest Birmingham £5 in existence.

'It is also likely to be the most expensive, as we fully anticipate that it will match or exceed its estimate.

[Source: Daily Mail]