Are your one dollar bills worth more than face value? While most aren’t, some rare one dollar bills with specific printing errors could be worth a substantial amount of money to collectors. Certain bills from 2013, 2014, and 2016 are highly sought after due to a mistake by the US Bureau of Engraving and Printing. Some estimates suggest these misprinted bills could be worth up to $150,000.
How to Identify a Valuable One Dollar Bill
The key to determining if your one dollar bill is worth a significant sum lies in identifying specific features and errors. Here’s what to look for:
- Series Date: The bill must have a “Series 2013” date printed on the far right of George Washington’s portrait.
- Federal Reserve Seal: Look for a “B” Federal Reserve Seal located above the serial number to the right of Washington’s image.
- Star Serial Number: The serial number must end with a star (★) and fall within specific ranges: B00000001★ – B00250000★ or B03200001★-B09600000★.
- Matching Pair: Crucially, the valuable bills come in pairs. To be worth the substantial amounts quoted, you need to find both bills with matching serial numbers.
Why Are These One Dollar Bills So Valuable?
The rarity of these misprinted bills drives their value. According to the American Numismatic Association, a congressionally chartered non-profit organization dedicated to numismatics, currency misprints are exceedingly rare. This scarcity makes them highly desirable among collectors who are willing to pay a premium for these unique pieces of currency.
How Many Misprinted Bills Are in Circulation?
The Bureau of Engraving and Printing reports that 6.4 million banknotes with this specific error were printed in 2014 and 2016. These bills were issued from Federal Reserve Banks in New York and Washington D.C. While potentially anywhere in the world now, finding a matching pair is incredibly challenging.
How Many Matching Pairs Have Been Found?
To date, only nine matching pairs have been discovered. This means millions of individual misprinted bills are potentially still circulating, but the complete, valuable pairs remain elusive. The value of a matching pair can range from $20,000 to $150,000, depending on the condition of the bills.
What to Do If You Think You Have a Valuable Bill
If you believe you possess a one dollar bill matching these criteria, it’s essential to have it professionally authenticated. Take it to a reputable local coin shop or a professional numismatist for inspection and appraisal. They can confirm its authenticity and provide an accurate assessment of its value. Don’t assume you’ve struck it rich until an expert verifies the bill.
One Dollar Bills Worth Money: A Rare Find
While most one dollar bills are only worth their face value, these rare misprints offer a chance to discover hidden treasure in your wallet. By carefully examining your bills and knowing what to look for, you might just find yourself holding a one dollar bill worth considerably more.
