Irish £50 note breaks world record price

Believed to be one of the rarest Irish banknotes in existence, an Irish £50 note sold in London today for £27,600, a new world record price.

The Bank of Ireland £50 note, dated May 5, 1827, is probably the only one of its kind in private hands today. It bears the serial number 1362 and is printed on Bank of Ireland watermarked paper.