The New $100 Bill is Out and Collectors Are Scrambling for the Rare Ones
The new $100 bill will start to circulate today and will have all kinds of new security features, like a blue strip that appears to change when you move it. The security measures are supposed to help prevent counterfeiting — especially since 65 percent of $100 bills are actually held outside of the U.S.
A few of the new $100 bills will be worth more than $100 — at least to collectors. As the Boston Globe reports, bills with low serial numbers (under 100, i.e. 00000100) can be worth thousands to a currency collector, and so are other combinations of numbers:
In addition to the “low numbers,” which stop at 100, there are “ladders,” which have numbers in sequence, such as 12345678 or 54321098. These sell for as much as $1,300. A “radar” (selling for $20 to $40) is a palindrome, such as 35299253, and “repeaters” are notes with two blocks of the same four digits, like 41884188. Undis observes subcategories of each of these, such as “super radars” ($75 to $100) that have all internal digits the same, like 46666664.
Undis says he got started looking for serial numbers about 30 years ago, when he found a note that had nothing but 3’s and 8’s. He is now trying to find the last nine notes in a set of all 254 serial numbers consisting solely of 1’s and 0’s (“binaries”).
Of course, you’d have to go to your bank and pull out some $100 bills and the odds are stacked against you.
Support The Billfold
The Billfold continues to exist thanks to support from our readers. Help us continue to do our work by making a monthly pledge on Patreon or a one-time-only contribution through PayPal.
Comments