USD Dollars of U.S. are one of the most powerful currencies in the world. However, a report is out that these U.S. Dollar Bills of $100 can be worth upto $2 million each. Why it is so let us take a look.
An Overview of Dollar Bills
In the life of Americans, every day billions of dollars are circulated in the U.S. in exchange for things, articles, necessities, etc. Experts in numismatics the study and collection of coins and banknotes suggest that people should occasionally examine their cash. You may carry quite a few rare bills with you without being aware of them, whose face value is but a fraction of their total worth.
Several banknotes have unique serial numbers, such as ladders, binaries, or solid numbers. Those can bring you a nice amount. But then there are gold certificates, which are even in a league of their own, to say nothing of comparing them, since prices may shoot up far beyond regular rare bills.
Gold Certificate in Brief
Gold certificates started as early as finance itself, but it was initially a solution to how to move large quantities of gold. According to KOMO News, the first gold certificates in the US occurred in 1863, during the Civil War, when large amounts of gold were unearthed and deposited in the nation. At that time, these certificates were used as regular currency.
Today, gold certificates are extremely rare, and those printed before 1880 are particularly valuable. $100 gold certificates represent some of the most expensive and most coveted bills in U.S. history.
$100 Bills Can Be Worth Upto $2 Million
The first 100-dollar gold certificates were issued in 1863. They differed from others by being written in black ink on gold-tinted paper and having the words “One hundred dollars in gold coin” printed on them. Today, only three of these notes are known to exist.
Two are kept in the Smithsonian Museum, while one is privately owned. In April 2013, that privately owned certificate sold for a staggering $2,115,000 at Heritage Auctions, making it the most valuable $100 bill in U.S. history.
