Numismatics means that some specimens, due to small details, multiply their value to unsuspected levels.
The United States Bureau of Engraving and Printing made a mistake that caused some one dollar bills are extremely valuable. In 2014, copies that share the serial number were distributed in New York and Washington DC. Although millions were printed with the same defect, only 9 pairs were identified that share the same number.
Depending on the state they are in, each one could reach cost around 150 thousand dollars. The discovery of these banknotes unleashed a strong interest among collectors and fans of numismatics, which is the science turned hobby that is interested in these elements.
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What is the one dollar bill that can be worth $150,000 like?
The origin of these 1 dollar bills dates back to 2014. At that time, 2 identical lots were printedone being distributed in New York and another in Washington DC. The problem arose when it was discovered that both batches had exactly the same serial numbers, an extremely rare duplication in their manufacture.
Although it is estimated that 6.4 banknotes repeated in their numbering were produced, so far only 9 pairs have been identified. To recognize them there are several important details to consider:
- Serial number range: The number must be between B00000001 to B00250000 or B03200001 to B09600000.
- Federal Reserve Seal: The bill must display the seal of the New York Federal Reserve, identified with the letter “B.”
- Star Serial Number: Must end with a starindicating that it belongs to a special series.
- Plate numbers: It is essential to check the plate numbers on both the front and back of the bill, in addition to the position of the printed plate.
Banknotes with printing errors: how much are they worth
The value of the banknotes depends on the duplication in the serial numbers and the state of conservation in which they are found. If it is in optimal condition, it can be worth up to 150 thousand dollars, but the more deteriorated it is, the more it will lose its value.
The best options to sell them are auctions, but internet buying and selling pages such as E-bay, Amazon or Mercado Libre are also good options for online transactions.
Source: Ambito
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