The 1 dollar bill that sells for millions of pesos on the internet: what it is like

The 1 dollar bill that sells for millions of pesos on the internet: what it is like

It has been issued and circulated for less than 10 years, but its value can reach thousands of dollars. Because?

exist one dollar bills that are worth millions of pesos on online buying and selling platforms. The curious thing is that this time it is not an old copy as we are accustomed to by art lovers. numismaticsbut it is one that is barely 10 years old.

It does not have a printing error, smeared ink or a different colored symbol. These are duplicate bills. Two sets of $1 bills were printed in 2014 and 2016 that share the same serial number. This is so because the US Federal Reserve (FED) sent the same print orders in both D.C. like in Fort Worth

What is the one dollar bill that sells for millions of pesos like?

It is estimated that there are currently 6,000,000 banknotes that are part of this error committed by the Federal Reserve. That is why in this case it is more difficult to realize which bill is duplicated. The first thing to check is if it was issued in 2014 or 2016 and the second thing is the serial number, trying to find the duplicate. The good thing is that you do not need to have both bills in your possession, because it is the collectors who look for them through this number.

According to Fox Business, here’s what to look for:

  • The series date located near the George Washington photograph should read “2013 Series.”
  • The bill must have a “B” Federal Reserve stamp above the serial number.
  • The serial number must end with an asterisk

and be between B00000001* – B00250000* or B03200001*-B09600000*

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One dollar bills duplicated by mistake from the US Federal Reserve (FED)

One dollar bills duplicated by mistake from the US Federal Reserve (FED)

What is numismatics

Numismatics is the discipline that is responsible for the study of coins. It allows its value to be established formally and facilitate historical dissemination at the same time. Also, it is an auxiliary science of archeology that specifically deals with study coins, medals or items that serve to preserve value

or as currency of exchange issued by a nation. In this case, the meaning we use is related to the search and collecting of these objects.

Source: Ambito

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