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These notes were also printed to help finance the revolutionary war. This was said by Matthew batman who is an assistant curator at the American numismatic society. This is an organization which studies the coins and currency. These notes were issued by the Continental Congress which represents 13 colonies. In the paper money was changed to its current size. Almost thousands, out of those million notes are still available and are owned by the general people and the old money collectors.
This bill has the face of President Grover Cleveland on it. Did you notice what makes him special? An important point to remember is that these bills are Federal Reserve notes, not gold certificates or silver certificates.
Since these are not national banknotes, the U. Most large denominations of U. This means, if you know of an elderly person with stacks of cash hidden away, you may want to help them go through it and check for rare bills. They could be sitting on a goldmine. The worth of these notes greatly depends on their present condition. The good the condition of the note, the high will be its value. So, here we will also discuss the categories of its three different conditions.
Grading System: Here we will describe different categories of these notes. They are divided into three grading systems. Very Fine: This is the note which for a long time was in circulation and is relatively crisp. Founded in , Bankrate has a long track record of helping people make smart financial choices.
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