As the cost of living crisis keeps going up the purchasing power of the dollar continues diminishing. Hence it's natural for most Americans to dismiss the $1 bill in their wallet. However, according to Wealthnickel.com, there are millions of $1 bills in circulation that could reach up to $150,000 in value, since Collectors are ready to pay hefty amounts for a set of matching currency notes that meet the criteria.
What Makes These $1 Bills Special?
As per a Bureau of Engraving and Printing blog, about 6.4 million $1 bills were printed in 2014 and 2016. The two batches had the exact same serial number and were printed separately by the federal bank in New York and in Washington D.C. These bills went into circulation before the mistake was caught, and they could be anywhere today.
Under the right condition and matching serial number, a pair of $1 bills could be worth between $20,000 and $150,000. While there could be millions of such pairs out there, only nine sets have been found so far, as per NBC.
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Here's How to Identify the $1 Bills
According to WealthyNickel, the eligible $1 bills must be from "Series 2013." The date of the series is printed on the right side of the bill. There should also be a "B" Federal Reserve Seal above the serial number.
The serial number must feature a star reading, "B00000001★ – B00250000★" or "B03200001★-B09600000★"
Obviously, there must be two such bills with the same serial number to meet the criteria. The blog suggested that anyone who has such a pair should take it to a local coin shop for inspection and appraisal.
Apart from the matching $1 bills, there are other valuable dollar bills with special serial numbers. According to a viral video from @The_Coin_Guy on TikTok, a $1 bill with a serial number made of all 8s could be worth $7,500.
The creator explains that such serial numbers are called solid serial numbers and that bills are extremely collectible. He says other unique-looking serial numbers could also be worth at least a thousand dollars.
Some uncirculated $2 bills from 1890 are also very collectible. As per U.S. Currency Auctions, such uncirculated bills printed between 1862 and 1917 could be worth at least $1,000. The price that collectors may be willing to offer depends on various factors including printing method, location, condition of the bill, and more. Back in 2022, a $2 bill printed in 2003 sold for $2,400 via Heritage Auction, and the same bill was later resold for $4,000.
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Some pennies such as the copper pennies minted in the early 1980s out of error are also worth up to tens of thousands of dollars, as explained by another TikTok creator Wheats to Shields (@wheatstoshields).
Once appraised, such special notes could be taken to auctions or put up for sale online on eBay, or in specific collectors' groups on social media.
This article originally appeared 2 months ago.
