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Those are serial numbers, and some are more rare than others. If you happen to have paper money with a unique or interesting serial number, it may be worth much more than face value. In fact ...
Bills With Serial Number Oddities A $20 bill sold for nearly $400,000 at an auction in 2021, because it had a serial number printed on top and a Del Monte fruit sticker.
As such, it seems you'll get the most value in trade if you find the weird serial number on a lower denomination -- getting $200 for a dollar bill is a lot more profitable than the same amount for ...
“We’ve paid thousands of dollars for a 1953 $10 bill with a rare serial number, and a few bucks for an old $10 bill from the 1800s,” wrote the pros at OldMoneyPrices.com on their website.
For these bills, the serial number uniquely identified the bill, except for some issues that exceeded one million bills. In that case, the sequence of serial numbers was restarted, and an extra overprint of 'Series 1' was added to the bill. When one million bills in 'Series 1' were printed, 'Series 2' was used, and so on. 'Series 187' is the ...
As of May 30, 2009, only 336 $10,000 bills were known to exist, along with 342 $5,000 bills, 165,372 $1,000 bills and fewer than 75,000 $500 bills (of over 900,000 printed). [12] [13] Due to their rarity, collectors pay considerably more than the face value of the bills to acquire them, and some are in museums in other parts of the world.
The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range from $550 to $2,500. The values are the same whether the bill has a red or brown seal.
At first, the banknotes circulated at par with the stated value, however after a few months they started depreciating until they became almost worthless. The United States agreed to redeem the notes for treasury bonds at 1% of the face value. The issued denominations ranged from $1 /6 to $80.