Your $1 bill could be worth thousands — if it has these 3 things

Fayetteville, Arkansas (KNWA/KFTA/NEXSTAR) — Do you have a few $1 bills lying around? Before you spend your money, you might want to check to see if they’re worth more than $1.

Early this week, rich nickela financial blog, reminded currency collectors of the mistakes made by the Bureau of Engraving and Printing over the past decade.

As you probably know, every banknote issued by the United States, from the $1 bill to the $100 bill, has a serial number printed on it.like your social security number, there should be no duplicates. However, according to reports from currency news Banknote grading service PMGThere are more than 6 million $1 bills that share serial numbers with other $1 bills.

Ten years ago, the Bureau of Engraving and Printing directed printing facilities in Washington, D.C., and Fort Worth, Texas, to print millions of $1 bills, according to both media outlets. Unfortunately, those bills had matching numbers on them.

To be clear, this typo does not prevent you from using your money. Serial numbers serve as a way to indicate which Federal Reserve bank issued the banknote, the series in which the banknote was printed, and which of the millions of banknotes it was printed.

In fact, the copy appears to have gone unnoticed until two collectors, Ed Zegers of Maryland and Karol Winograd of Florida, noticed the discrepancy. They decided to start an effort to find error pairs in 2017, according to the authors. currency news. By the end of 2020, the pair had discovered 10 pairs.

The database of duplicate notes was then transferred to: Project 2013Brecently reported Game 16 of a one dollar bill.The project is proud of $47,000 or more in $1 bills Check the serial number from the error batch. Most of them don’t have a partner.

As Wealthy Nickel explains, there are three ways to find out if your $1 bill is part of this collection.

• “Series 2013” should appear to the right of the image of President George Washington
• There should be a sticker with a “B” on it to the left of Washington.
• The serial number below must end with a star and be between B00000001 and B00250000 or B03200001 and B09600000.

It’s hard to say how much these one-dollar bills are worth, but apparently two of them are worth more. The set auctioned by Stack’s Bowers is $7,200 PMG, which graded both notes, ruled the note from Fort Worth a 66 Gem Uncirculated EPQ (scale up to 70), while the Washington twin was a PMG 35 Choice Very Fine. Another set is reportedly Sold on eBay for $25,000.

As with any currency that is believed to be worth more than its printed value. wheat penny and buffalo nickel From a $2 bill to an error note — you should consult a certified professional for evaluation.

“Strange items are always put aside, but that doesn’t make them rare or extremely valuable,” Dustin Johnson, vice president of numismatics at Heritage Auctions, told Nexstar last year. Told.