The Value of $1 Dollar Bills: Rare Finds and Collectible Treasures

2024-05-12 16:00:00

Unlike $2 bills, $1 dollar bills are widely distributed and can easily be found all over the world. On the other hand, within numismatic collecting, this situation can turn a complete turn: there are banknotes of this denomination that can achieve a significant value and are not difficult to find. Are you interested in finding out which specific model we are talking regarding? Well, I’ll tell you regarding it here in Management.

The American dollar continues to give us many curious facts during 2024. Beyond the huge numbers that can be paid for bills of only 1 dollar, there are another 6 million of the same denomination that can be valued at no less than 150 thousand dollars.

According to the portal Rich nickel, a website dedicated to personal finance, the North American government printed just over 6 million $1 bills in different years. This fact meant that this entire edition of copies was given the same serial number, when in reality they should be different in order to identify them.

For its part, the online portal reveals that in November 2014, the same United States Bureau of Engraving and Printing sent a letter to its facilities in Washington to carry out the printing of another batch of $1 bills.

There is a series of $1 dollar bills that can be worth up to $150 thousand dollars (Photo: Pexels)

Almost 2 years later, in July 2016, this request was resubmitted to the Fort Worth facility. What was the result? 12. 8 million banknotes with the same serial number in the registration.

TYPO CAN MAKE YOU RICH: THEY OFFER MORE THAN $100K TO COLLECT THESE BANKNOTES

In the numismatic field, these mistakes end up becoming treasures and jewels that can cost a real fortune. According to the SoloDinero portal, a coin and banknote expert can offer a whopping $150,000 dollars for the simple act of collecting any of the 6.4 million parts of a $1 dollar bill. Of course, both checks must have the same serial number.

There are many options for creating this type of memory game, but only nine of these pairs have been put together so far. This is partly due to the large number of billions of dollars in circulation.

According to experts on the subject, so far no collector owns a pair of these notes have shown willingness to sell them at an auction house or specialized websites. However, those pairs that have been confirmed are expected to fetch between $20,000 and $150,000 on the market, depending on the condition of the note and the serial number.

You can tell if your $1 bill is a collectible thanks to the characteristics that I will show you below (Photo: Pexels)

To give you an idea of ​​this numismatic phenomenon, of the 54.1 billion dollar bills in circulation in the United States in 2022, 14.3 billion were equivalent to dollar bills, which represented the largest number of bills following the $100 bill (18.5 billion bills) , according to data collected from Statista.

Let’s remember that owning a $1 dollar bill with these serial numbers is the result of extraordinary and almost random luck. So far, regarding 10,000 $1 bills have been spotted with these characteristics.

It should be noted that it would take an extra dose of luck to find your matching pair from another year, an even lower probability than winning the jackpot in the US lottery.

STEPS TO IDENTIFY US$1 DOLLAR BILL WORTH US$150,000

If you want to know if you own one of these samples, you should pay attention to these characteristics:

• The bill must show the inscription “Series 2013” near the portrait of George Washington.
• There must also be a Federal Reserve “B” stamp above the serial number on the bill.
• The serial number must end with an asterisk and be within the ranges B00000001-B00250000 or B03200001-B09600000.

Even if you recognize these signs, we suggest that you seek the opinion of an expert or collector to confirm if the note is one of the ones you are looking for.

MORE INFORMATION ABOUT BANKNOTES AND COINS

WHAT IS THE BEST VALUE COLLECTION DOLLAR?

According to US Currency Auctions, the $2 bill created in 1890 holds great value among millions of collectors. And there are people who would pay $4,500 for it.

WHAT IS A PEACE DOLLAR AND WHY IS IT WORTH THOUSANDS OF DOLLARS?

The Peace Dollar was designed to commemorate the times of peace following the end of World War I in 1918, when this era was known as “the war to end all wars,” Atlanta Gold & Coin buyers explain. But why is it worth thousands of dollars?

WHERE TO SELL RARE DOLLAR BILL?

If you are lucky enough to have one of these precious jewels in your hands and you want to sell them, it is best to search buying and selling websites such as Ebay and Ma stores. To confirm that the price is correct, it is recommended to consult several specialists.

On the other hand National Numismatic Association (ANA) has clubs in several cities in the United States that can help evaluate coins or bills to see if they are worth money or not. There are also specialized companies such as “NGC: Coin Grading” and PCGS.

WHICH PLACES SHOULD YOU AVOID WHEN SELLING COINS AND NOTES WORTH THOUSANDS OF DOLLARS?

Perhaps influenced by some TV shows, one of the first places we might think of selling this kind of piece They are pawnbrokers. However, like portals The nation They consider these to be worst companies to sell our coins or notes.

Although there are people who specialize in numismatics on these pages, this option will be ruled out because They offer lower prices compared to the real value of the items you have in your possession.

LIST OF COUNTRIES THAT HAVE THE US DOLLAR AS OFFICIAL CURRENCY

The US dollar is used as the official currency of the United States, in its territories and jurisdictions such as Puerto Rico, Guam, the US Virgin Islands, the British Virgin Islands, Bonaire, American Samoa and Turks and Caicos.

In addition, there are other countries that They have chosen to dollarize their economy so that their currencies can compete with the North American currency.

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