Some of the New $100 Bills Will Be Worth $1K—or More

All thanks to serial number-minded collectors

By Kate Seamons,  Newser Staff

Posted Sep 22, 2013 6:53 AM CDT

(Newser) – We are a couple of weeks away from getting our newly designed $100 bills, and when they arrive on October 8, some will actually be worth $1,000 ... or more. No, the government isn't slipping in an extra zero. But it is including, as always, an eight-digit serial number. And as the Boston Globe explains, currency collectors will pay big if the numbers are "fancy." That's the collectors' term, not the Globe's, for serial numbers that fall in a number of categories: there are "low" (00000001 through 00000100), "ladders" (43210987), "radar' (43788734), "solids" (33333333), and "repeaters" (82118211). Then there are random ones: 31415927 (pi) or 07041776 (read that as 07/04/1776).

The low number ones are among the most valuable, with new $100 bills with 00000001 expected to sell for as much as $15,000. (Before the serial number you'll see one or two letters; these indicate which Federal Reserve bank issued it. As such, there can be more than one bill in any denomination with the same serial number in a given year.) So how do you get your hands on one? It helps if you have friends in high and very secure places. Bank employees, especially vault workers, are typically able to swap out a normal bill for a fancy one, says the director of currency of a Dallas auction house, and since bricks of money are marked with the serial number range, they can spot the bills fairly easily. But no one is going to become an instant millionaire: Bills in the 00000001 to 00000100 range are specifically split up. Still, feel free to pull out your wallet and take a look: Philly.com notes that CoolSerialNumbers is looking to buy these bills. (Click for another wild money story.)

New design of the front of the $100 bill is shown after it was unveiled at the Treasury Department in Washington, Wednesday, April 21, 2010.
New design of the front of the $100 bill is shown after it was unveiled at the Treasury Department in Washington, Wednesday, April 21, 2010.   (AP Photo/U.S. Dept. of the Treasury)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
6%
33%
2%
9%
3%
47%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment