I noticed my $1 bill had an unusual print – an expert said it’s worth $500 because of the ‘missing’ error | 0UD70JL | 2024-05-09 17:08:01
I noticed my $1 bill had an unusual print – an expert said it's worth $500 because of the 'missing' error | 0UD70JL | 2024-05-09 17:08:01
A SEEMINGLY normal dollar bill could be worth up to $500 because it lacks a key design element.
Most people don't give bills and coins a second glance, but they could be missing a valuable error.
Coin and currency expert Eric Miller (@thecoinchannel) teaches people on TikTok how to spot misprints and defects that make a bill or coin worth more.
In one of his most recent videos, he showed a $1 bill with an obvious error many people wouldn't pay attention to.
The bill had the serial number printed once on the left side, but it was missing on the right side under the word "America."
"Who's actually gonna pay attention to that?" Miller admitted but urged viewers to check their bills.
He had an example of one that sold for $395 on eBay but said they could be worth more if they were graded.
The Professional Coin Grading Service has a questionnaire on its website that can be filled out to get any bill graded.
A certified bill that was graded by the PCGS sold for $504.
ARE YOU SERIAL?
Serial numbers on bills can add a lot of value to the dollar.
In another video, Miller explained how to spot a dollar bill worth $2,300.
Bills of any denomination may have a solid serial number, which is when all the digits are the same.
<!-- End of Brightcove Player --> This phenomenon appears on nearly one out of every 11 million bills that are printed and are usually worth upwards of $500, according to The Penny Hoarder.
Earlier this year, a follower sent Miller a video of what they called "the devil's $20 bill."
Its serial number had all sixes, representing what some people call "the number of the beast."
"Serial numbers like this can be found on any denomination and they're all worth a lot of money," Miller said.
"These are collected by so many people."
A $20 bill with a serial number of all five's sold for $2,350 at auction and another one that was ungraded sold for $1,375.
<p class="article__content--intro"> What causes such defects on coins and why are they so rare to find? </p> </div> </div> Some bills have a star after the serial number, which is also valuable.
The symbol signifies that the bill is a replacement note. If a bill is damaged or misprinted before entering circulation, another one is printed.
The star replaces the letter typically found at the end of a serial number, letting the Bureau of Engraving and Printing know it's a reprint.
A star note sold for a whopping $3,700 on eBay last year.
"People think I'm crazy when I look at the numbers on every bill I get; one day, I'll be able to show them I'm not," commented one viewer on the video.
Collectors are also hunting for a "crooked" $2 bill worth $400.
And a coin that had been passed down in a family for generations turned out to be worth $30,000.
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