|
Q: What
is my note worth? (US)
A:
If your note is in the list below, it is
worth very little over face value in
circulated condition. The same notes are
quite collectable in uncirculated
condition with no folds or bends of any
kind. There are a few differences
between some of these notes and the
currently issued notes. For example, the
missing "IN GOD WE TRUST". The values
listed below are approximate retail
values. A dealer purchasing your note
would offer 20%-40% off of, the retail
price minus the face value. See
EXCEPTIONS.
|
Denomination/Type |
Series |
Circulated |
Uncirculated |
| $1 Silver
Certificate |
1935A-1935H, 1957-1957B |
$1.25 |
$2.50-$6.00 |
| $2 United
States Note |
1953-1953C,
1963-1963A |
$2.40 |
$5.00-$10.00 |
| $2
Federal Reserve Note |
1976 |
$2.00 |
$2.50 |
| $5 Silver
Certificate |
1953-1953B |
$6.50 |
$9.00-$15.00 |
| $5 United
States Note |
1928B, C, E,
F |
$6.50 |
$12.00-$20.00 |
| $5 United
States Note |
1953-1953C,
1963 |
$6.50 |
$9.00-$15.00 |
| $5
Federal Reserve Note |
1934-1934D,
1950-1950E |
$5.00-$8.00 |
$10.00-$18.00 |
| $10
Federal Reserve Note |
1934-1934D,
1950-1950E |
$10.00-$14.00 |
$16.00-$35.00 |
| $20
Federal Reserve Note |
1934-1934D,
1950-1950E |
$20.00-$25.00 |
$28.00-$45.00 |
| $500
Legal Tender Note |
1862 |
|
$233,750.00 * |
* New price record
set at the Fall 1997 CAA auction.
Q: What
exceptions might make my note more
valuable?
A:
Star
notes,
Error notes, and notes with
interesting serial numbers are
always highly collectable and may
increase the value of the note.
Q: What
is a STAR Note?
A:
A STAR Note is a note with a STAR (*) in
the prefix or suffix position of the
serial number. These notes are typically
used to replace a note damaged during
the printing process to maintain the
correct count of notes in a serial
number run. Packs of STAR notes are
sometimes released when the supply is
greater than what's needed. Since STAR
notes are much more uncommon, they are
prized by collectors.
Q: What
is an ERROR note?
A:
From The US Error Note Encyclopedia:
"A Currency Error is any note that does
not meet the minimum quality standards
of the Bureau of Engraving and Printing
but still somehow manages to escape
being pulled during the many human and
mechanical inspections." These errors
include; cutting errors, folds and
tears, inking errors, missing prints,
etc. Check your notes and look for
anything that's different. For more
information on errors, see: The US
Error Note Encyclopedia
Q: What
is considered an Interesting Serial
Number?
A:
Some examples of collectable serial
numbers are; low numbers (A00000018A),
radar notes which are the same forwards
and backwards (A12344321A), 6-8 same
digits (A888888883A, A36888888A),
special numbers (A00001985A,
A65430000A), etc. Basically, any strange
or interesting serial number combination
is probably collectable and worth more.
Q: Who
are the people depicted on US small size
notes?
A:
Starting with series 1928, all
denominations of US issued notes were
reduced in size to what we see today and
most of the major design elements have
remained the same since they were first
introduced. The following table lists
the people depicted on the different
denominations. Denominations larger than
$100 have not been issued since series
1934.
|
Denomination |
Vignette |
| $1 |
George Washington |
| $2 |
Thomas Jefferson |
| $5 |
Abraham Lincoln |
| $10 |
Alexander Hamilton |
| $20 |
Andrew Jackson |
| $50 |
U.S.
Grant |
| $100 |
Benjamin Franklin |
| $500 |
William McKinley |
|
$1,000 |
Grover Cleveland |
|
$5,000 |
James
Madison |
|
$10,000 |
Salmon P. Chase |
|
$100,000 |
Woodrow Wilson |
Q: Why
does my note have HAWAII printed on it?
A:
During the early part of WWII, the US
had fears that Japan would overrun
Hawaii. If this occurred, large sums of
currency could be captured and used to
fund their war effort. So, the US
decided to issue the same $1 Silver
Certificates, $5, $10 and $20 Federal
Reserve Notes as used on the mainland,
but with a brown seal and serial numbers
and overprinted with the word "HAWAII"
twice on the front and in large block
letters on the back. Because these notes
were distinctive, it would make it easy
for the US to demonitize the notes if
large amounts fell to the enemy. Later
in the war, these notes were used in the
US held Pacific Islands for the same
reasons.
Q: Why
does my Silver Certificate have a yellow
seal?
A:
During WWII, the US had troops all over
the world. Since the local economies
were in ruins and a soldier might be in
England one day and North Africa the
next, the only way to pay a soldier
would be in US dollars. The problem was
that large sums of cash could be
captured by the enemy and used to supply
their troops. The solution in the North
African theater was to issue $1, $5 and
$10 Silver Certificates with a yellow
seal instead of the familiar blue seal.
As with the HAWAII notes, they would be
distinctive enough to easily demonitized
if required. |