How to Spot Errors on $1 Bills That Could Be Worth Thousands of Dollars

If you have $1 bills in your wallet, it may be worth examining them before spending them, as they could be worth a few thousand dollars.

And, according to experts, some US bill collectors are willing to pay thousands of dollars for $1 bills that have a specific printing error made by the US Bureau of Engraving and Printing.

The error in these $1 dollar bills is that they were printed with duplicate serial numbers.

Each dollar bill should have a unique serial number, which acts as its unique identifier.

However, due to an error at the Bureau of Engraving and Printing, some banknotes issued in 2014 and 2016 ended up having the same serial number as other banknotes, plus they were given the year 2013.

That is to say, there was more than one bill with the same serial number.

Chad Hawk, vice president of PMG, a professional paper money grading company, explained to Fox Business that it is very rare for the Federal Reserve to make that mistake on a batch that is then put into circulation.

However, in 2014 and 2016, two series of $1 bills were printed with this error, releasing more than 6 million poorly printed bills into circulation before the error was detected.

Collectors, who noticed the error that the Bureau of Engraving and Printing missed, are now looking for these bills that have a specific range of serial numbers.

The real value lies in finding pairs of bills with the same serial number. The last pair found sold to collectors for around $6,000.

So far, only nine pairs out of a possible 6.4 million have been matched.

Bills that could be worth thousands of dollars have three indicators, according to the personal finance site Wealthy Nickel:

1. They must have the date of the series “2013” ​​near the photograph of George Washington
2. A Federal Reserve “B” stamp over the serial number.
3. The serial number must end with a star

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