Economics, Business, Money, Finance : $1 = $150,000?

The U.S. Bureau of Engraving and Printing has apparently printed more than 6.4 million pairs of $1 with errors. All of these $1 bills have identical twin bills with the exact same serial number.

If you have one of these erroneously printed $1 bills, a rare currency collector could potentially pay you up to $150,000 for it.

How it happened
The way the story goes a request for the printing of $1 bills featuring the same serial numbers, was submitted to a Washington D.C.-based U.S. Bureau of Engraving and Printing facility in 2014 and to a Fort Worth, Texas facility.

Since every paper currency must have its own distinct serial number, there are millions of $1 bills in circulation that share a serial number with another.

By the time the printing mistake was discovered, all 6.4 million $1 bills were in public circulation.

Even though there are more than 6.4 million of these $1 paper notes out there, only nine pairs of these matching $1 bills have been found.

How to spot one
Here is how to identify one of these erroneously printed $1 bills.

Look at the “Series” date. You will find it near the photo of George Washington on the front face of the bill. It should read “Series 2013.”

Look above the serial number. There should be a “B” Federal Reserve Seal letter above it.

The serial number ends with a small star-like symbol. The serial number in question falls in between these serial number ranges:

B00000001* to B00250000*
B03200001* to B09600000*

https://realdaily.com/bill-worth-150000/?utm_source=internal&utm_medium=email&utm_campaign=RD230217

So an error done on purpose.
Six point four times $150,000 = mucho buckaroos.

They're not stupid: they simply count on collector's stupidity.

Collector is a mental disease and an addiction like any other.

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My password is password

Sure, but you can't win if you don't play.

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My password is password

At six point four million of them, they're not rare so IDK how it's considered collectors' material but ok. There's more supply than there will be demand. Numismatists are rather rare: too expensive a hobby.

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My password is password

https://realdaily.com/bill-worth-150000 < You ONLY NEED this part of the URL.

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"THAT'S SOME BAD SHIT, HARRY!".

His URL is now a collectors item.

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My password is password

I not very smart, but I guess if you have the pair it worth more than $300,000.

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A guy I know told me about these recently and how he's always keeping an eye out for them, but I don't remember all the details.

The story does fall apart under closer scrutiny, though.

If the bills were printed independently and the error wasn't noticed until after they hit circulation, it makes zero sense that they were marked with an * in advance. If they already had them printed up and hadn't already circulated them, then it would be conceivable they could have marked them in this manner before entering circulation, but that's not how the story is presented.

Clearly, some kind of bullshit is happening here. Either this was done on purpose, or they were corrected with the * before they were released. No other explanation makes sense.

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😺 Schrodinger's Cat walks into a bar, and doesn't. 😠 Let's go, Brandon! 🙂 I like cashews!