Pa. Guy's $10 Bill Could Be Worth $500K
Collector's note has 'fancy serial number,' rare label
By Matt Cantor, Newser User
Posted Oct 24, 2013 11:05 PM CDT
Updated Oct 25, 2013 5:41 AM CDT
A collector's $10 bill may be worth $500,000.   (Shutterstock)

(Newser) – Sure, it says "$10" on the corner, but a Pennsylvania collector's bill is worth far more. Billy Baeder, of Royersford, Pa., is into "fancy serial numbers" and other unusual currency characteristics collectors value: printing mistakes, for instance. Fancy serial numbers, the Philadelphia Inquirer explains, include those in which every digit is the same or consecutive, the number is very low, or there are two sets of the same digits—for example, 77773333.

Those are just a few of the features that attract collectors. The $10 bill in question, from 1933, has the "number one" serial number A00000001A, and it also says it's "payable in silver coin to bearer on demand." Just 552,000 "silver certificate" notes were printed, and only 184,000 released, Paper Money magazine reports; soon afterward, the government recalled them, leaving just 15,000 in circulation by mid-1935. "Find one of the most beat-up ones available ... and that note will still be worth $5,000," says an expert, who values Baeder's bill at at least $500,000. Read more about how to get your hands on a "fancy serial number" bill here.

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Showing 3 of 23 comments
NorCalHal
Oct 27, 2013 8:53 PM CDT
Any time I think of "big" bucks I am reminded that the first Christmas after I graduated from college and moved from home, as a small token of all they had done for me, I gave my parents each a $ 1,000 bill in an envelope. I had to have my bank special order the bills from the federal reserve. When my parents took the bills to their small local bank, no one in the bank had ever seen one and they questioned whether they were real or not. I guess they had to call the fed and give them the serial numbers before they would let my parents deposit them.
ppaca
Oct 25, 2013 9:53 PM CDT
I have 10 consecutively numbered, uncirculated 1928 $1 Silver Certificates I got for my 10th birthday. Does that mean they're worth $50,000 ? They used to be commonly in circulation, but were withdrawn in the '60's, I believe. They are no longer redeemable for silver. I also have a $10 Gold US Bank Note. Am I an extremely wealthy individual?
Norman Johnson
Oct 25, 2013 5:11 PM CDT
Go figure, and now Confederate money from the Civil War is worth mucho dinero,when it was previously worthless.