Are My Dollar Bills Worth Money?
Posted by Andrew Adamo on Feb 26th 2025
Many people don’t give much thought to their dollar bills these days, but did you know some of them could be worth much more than face value? While a dollar might only get you a small snack now, certain bills, especially those with unique serial numbers or printing errors, can hold significant value for collectors. So, are your dollar bills worth money? Let’s take a closer look at what makes a dollar bill more than just currency.
Although the Federal Reserve reports that nearly 15 billion one-dollar bills are in circulation, many sit unused at the bottom of wallets. However, there’s a reason to take a closer look at the humble dollar bill in your pocket. Millions of these bills could be worth far more than face value to the right collector, and one of them might be in your possession. Let’s dive into which dollar bills worth more than you think.
How to Identify Valuable Dollar Bills
Typically, the value of a dollar bill beyond its face value is determined by its serial number. Since dollar bills have had the same design since 1963, finding rare bills is less common than finding rare or unusual coins. Instead, valuable bills often feature unique or distinctive serial numbers. There are various ways a bill's eight-digit serial number might catch attention, including:
The Most Valuable One Dollar Bill
Auction results show that the most valuable one-dollar bill is an 1874 $1 United States Note, which sold for $26,400 in March 2024. This bill stands out for its rarity and exceptional condition, with few similar notes in such well-preserved form. The black ink is sharp and unmarred, and its red overprints retain a vibrant red color, unlike the faded pinkish hues often found on similar bills. Notably, the intricate red floral frame around the word "ONE" is especially detailed—an attribute that is rarely seen even in other uncirculated versions. While finding another bill in this condition is nearly impossible, there are still valuable dollar bills that are more common and could be worth many times their face value.
Rare Printing Error: 2014–2016 Dollar Bills
The Federal Reserve is tasked with issuing paper currency in the United States, a responsibility established by the 1913 Federal Reserve Act. A key provision in this law, Article 16, Note 3, requires that Federal Reserve Notes (including dollar bills) display a distinctive letter and serial number on their faces.
Despite this, errors do occur, and one recent mistake has presented an opportunity for collectors. In 2014, the Federal Reserve ordered a batch of one-dollar bills to be printed at its Washington, DC branch. Two years later, the same batch was printed at the Federal Reserve in Fort Worth, Texas. Due to a miscommunication, both branches printed bills with matching serial numbers.
For collectors, finding matching pairs of these bills is the challenge. Although millions were printed, only 37 pairs have been discovered. Depending on their condition, these pairs can sell for at least $20,000, with mint-graded notes reaching as much as $150,000 at auction. To identify these valuable bills, look for the following features:
Series date: "Series 2013"
Federal Reserve Seal: "B"
Serial number: Ends with a star
Serial number range: B00000001* – B00250000* or B03200001* – B09600000*
If you come across a bill with these characteristics, you're on the right path. Organizations like Project 2013B track these bills, which can assist you in locating a matching pair.
What Types of Dollar Bills to Look Out For?
Besides unique serial numbers, there are various categories of valuable dollar bills:
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Star Notes
Look for a star symbol at the end of the serial number. This means the bill is a replacement for a misprinted one. Star notes can be worth anywhere from $1 to $1,000, depending on their rarity and condition. -
Web Notes
These bills were printed using a different process in 1995. They have a different arrangement of plate numbers. Web notes can be worth $1 to $1,000 or more, depending on their condition. -
Misprinted Bills
If the printing is off—such as misaligned numbers or errors in the cut—your bill could be a valuable misprint. These bills can be worth anywhere from $1 to $150,000, depending on the error. -
Radar Notes
If the serial number is the same forwards and backwards (like 12344321), it’s called a radar note. These are popular with collectors and can be worth $1 to $50. -
Birthday Notes
Some bills have serial numbers with important dates, like birthdays or historical events. These bills could be worth $1 to $30, especially if they have a personal connection or historical significance. -
Ladder Notes
If the serial number has numbers in a sequence, like 12345678 or 98765432, it’s a ladder note. These can be worth $1 to $25.
Grading System for Determining Value
The condition of a dollar bill plays a crucial role in its value. To ensure consistency, the Paper Money Guaranty (PMG) developed a 70-point grading system, which is based on the Sheldon Grading Scale used for coins.
- EPQ (65–70): Exceptional Paper Quality; pristine and untouched.
- Uncirculated (60–64): Unused bills with minor imperfections but no folds.
- About Uncirculated (50–58): Circulated bills with one or two folds, but in excellent condition.
- Fine and Below (45 or lower): Bills showing significant wear, folds, or damage.
If you think you have a bill worth grading, handle it as little as possible and consult a professional appraiser.
Where to Sell Valuable Dollar Bills
To sell valuable dollar bills, consider coin dealers like Bullion Shark, currency collectors, and reputable online platforms. Before selling, have your bills appraised by an impartial professional to ensure you receive a fair price.
FAQ
What Is the Most Valuable One-Dollar Bill?
The most valuable one-dollar bill is the 1874 $1 United States Note, which sold for $26,400 in March 2024. This rare note, especially in good condition, can command high prices due to its historical significance and rarity.
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*This information is for educational purposes only. Bullion Shark is not responsible for any factual errors that may be contained in this post. This information is not intended for investment purposes. Please consult an investment advisor before investing.