How $100 Dollar Bills Can Soar Up to $2 Million

How $100 Dollar Bills Can Soar Up to $2 Million

Billions of dollars circulate every day in the United States

Experts on the subject recommend being aware of your banknotes and always checking their serial number before spending them, since the true value of your money depends on this. Currently, there are several variations on serial numbers, from ladders to binary or solid numbers, which can secure you a small fortune.

The case of the famous gold certificates

Gold certificates have a long tradition in the world of finance. In the past, these were used because moving large amounts of gold used to be a pain in the ass. According to KOMO News, in the United States, gold certificates began to be printed in 1863, “following the enormous quantities of gold discovered and subsequently deposited throughout the country and during the height of the Civil War.” This allowed gold certificates to be used as everyday currency.

The rarity and value of gold certificates

Gold certificates are extremely rare to see today, so any copy printed before 1880 is considered high value; such is the case of the $100 gold certificates, cataloged as the most expensive and valuable bill in the history of the United States. This is the 100 dollar bills that can be worth up to $2 million.

The history of $100 gold certificate bills

The first series of $100 gold certificate bills dollars was issued in 1863. These are characterized by being printed with black ink on gold-tinted paper, while the phrase “One hundred dollars in gold coin” appears on the reverse. Currently, only three known examples exist. Two of them are in the Smithsonian Museum, leaving only one in the hands of a private owner. In April 2013, the only copy not in museums sold for $2,115,000 at Heritage Auctions, making it the highest-valued $100 bill in US history.

Read Also   Ukraine destroys 10 fighter jets in Crimea

Leave a Comment