Misprinted Dollar Bills in Circulation Worth Thousands to Collector

DOLLAR BILLS

Before you spend that $1 bill in your wallet, do a little research. You may be sitting on a lot more cash than you think.

Coin and currency collectors in the US are willing to pay up to $150,000 in search of rare $1 bills with a particular printing error from the US Bureau of Engraving and Printing.

In November 2014, the US Bureau of Engraving and Printing sent a request to its Washington DC facility to print a batch of dollar bills. In July 2016, the exact same request was sent to the Fort Worth facility.

Over 6 Million Misprinted $1 Bills in Circulation

This miscommunication resulted in dollars printed with duplicate serial numbers, technically counterfeiting their currency. Typically, every bill in circulation has a unique serial number to identify it.

According to a video by Silverpicker, the error went unnoticed until a banknote collector found an anomaly in the Bureau of Engraving and Printing’s public documents. While the Bureau was not forthcoming on its mistake, the collector filed a Freedom of Information Act request to get more details. The government admitted the error and the existence of the 6.4 million pairs of bills with matching serial numbers.

How Was The Error Discovered?

If you are lucky enough to stumble across one of these $1 bills in your wallet, you are one step closer to cashing in. But the value of this particular misprint is in pairing it to the other bill with a matching serial number.

What To Do If You’re the Lucky Owner of One of the Misprinted Bill

There have been 37 complete pairs identified so far. However, the Zegers/Winograd Project was established to catalog all the bills found and facilitate buying or selling to create a matching pair, and over 10,000 bills were identified by the project listing the current owner and serial number.

Currency misprints of this magnitude are extremely rare, but the unique nature of the duplicated serial numbers makes these bills worth a small fortune to collectors. If you haven’t already, it’s time to check your wallet and see if you can turn $1 into $150,000 or more.

Is Your One Dollar Bill Worth Real Money?

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