ES News email The latest headlines in your inbox twice a day Monday - Friday plus breaking news updates Enter your email address Continue Please enter an email address Email address is invalid Fill out this field Email address is invalid You already have an account. Please log in Register with your social account or click here to log in I would like to receive lunchtime headlines Monday - Friday plus breaking news alerts, by email Update newsletter preferences

A new polymer five pound note with the serial number AK47 has sold on eBay for a record £80,000.

The new five pound notes, which were released in September and feature an image of the former Prime Minister Winston Churchill, have become a collector’s item when stamped with a low serial number such as AA01 or with AK47.

There are now tens of these notes being offered on the online auction site eBay, some with an asking price £1,000,000.

Gareth Wright of Twickenham told The Sun how he took out ten pounds from a cash machine in the form of two five pound notes, spending one quickly before noticing that on the other was serial number AK47.

Mr Wright said he knew there was a market for the notes but never imagined it would fetch such a price. With other 500,000 views and 100 bids on Ebay the final amount was £80,100.

Mr Wright said he was sceptical of the bids. He told The Independent: "I do think most of these bids are fake but you never know! I can only hope for the best and that someone does want to buy it."

"If I do get the money I will probably look into buying my mother's house for her and then travel to South America."