Most valuable bills selling for between $4,600 and $7,400 – exact details to look for in your wallet
BILLS collecting dust in your wallet or dresser could be worth up to $7,400 if they have a unique element to them.
Paper money has been around since the 1960s.
While Americans have transitioned into digital currency, certain banknotes could be quite valuable.
This could be for a multitude of reasons including grade and condition.
For example, similar to coins, bills are assigned a grade between 1-70 by a certification service - normally the higher the number the more it’s worth.
And if a bill is rated between 1-58 that means the bill is in circulation, which is intended for use in daily transactions.
READ MORE ON RARE CURRENCY
Anything above 58 means it’s uncirculated and was meant to be more of a collector’s item.
Another reason a bill could get valuable is due to errors or a unique element that is highly sought by collectors.
This includes both irrational serial numbers and printing mistakes.
Here are some of the most valuable bills that have sold recently online and are worth thousands of dollars.
Most read in Money
1. 1934 $1,000 bill – $4,600
It’s been a long time since the $1,000 bill went through circulation - the last time one got printed was in 1945.
But some of them are quite valuable including one made in 1934.
One example certified by Paper Money Guaranty (PMG) in an Extremely Fine (XF) 45 grade sold for $4,550 online.
This particular bill has a mule, according to the seller.
This happens when overlapping occurs in the printing process – creating different size plates on opposite sides.
The sold bill also features a red ink mark on the R in the word "Federal."
It's unclear if this happened in the printing process.
The $500, $1,000, $5,000 and $10,000 bills were all discontinued in July of 1969 by the Treasury Department and Federal Reserve.
2. 1869 $5 bill – $5,300
Many are familiar with Andrew Jackson on a $20 bill – but maybe not on a $5 note.
This was the case on an 1869 bill, which features a unique color variety known as "Rainbow Notes.”
As you may expect, it has multiple colors visible on the bill such as blue, red, green and pink.
But what's really adding to its value is the condition it's in.
The bill, which recently sold on eBay for $5,329.89, was certified by Professional Coin Grading Services in a 64 PPQ grade.
3. 1928 $1,000 bill – $5,400
Another rare bill comes from St. Louis and is a part of the 1928 $1,000 series.
One example recently sold for $5,412.
The seller claimed: “Notes from the 1928 series are very hard to come by, especially in good condition!”
While the grade is unclear and it hasn’t been certified, that didn’t stop buyers from submitting a total of 47 bids.
4. 1934 $500 bill – $7,400
A bill with a $500 denomination tops this list.
It is a part of the 1934 series that features former President William McKinley.
An example that picked up 43 bids on eBay sold for a total of $7,425.
Most importantly it has a high grade of 64 EPQ, which was certified by PMG, making it stand out from the others.
“These notes are commonly folded, only very few have gone above 63 or with epq,” the seller claimed.
The serial number of the bill was G00307394A.
For more related stories, a horse blanket variety bill could be worth $3.3million.
Read More on The US Sun
A $1 note could be worth nearly $30,000 if it has a certain star detail.
And see which Presidents are on paper currencies.