Table of Contents
What do the numbers and letters mean on a bill?
The numbers indicate which Federal Reserve Bank actually printed the bill. A No. 2, for example, means it was printed in New York. The front of the $1 bill also includes its serial number. This combination of 11 numbers and letters appears twice on the front of the note, and every dollar has a different serial number.
What do the letters mean on a bill?
A bill’s serial number comprises a starting letter, followed by a series of numbers and an ending letter. The starting letter indicates the Federal Reserve Branch that printed the bill. The ending letter tracks how many times the specific series of numbers were used.
What serial numbers on money are worth more?
Low Serial Number The lower the serial number, the more valuable the currency is considered to be; a bill with the serial number 00000001 could be worth $15,000, according to SavingAdvice.com.
What do the letters mean on a $20 bill?
Federal Reserve System Seal A black seal to the left of the portrait represents the entire Federal Reserve System. A letter and number beneath the left serial number identifies the distributing Federal Reserve Bank.
How are dollars numbered?
A unique combination of 11 numbers and letters appears twice on the front of each redesigned note. The first letter of the serial number corresponds to the series year (see chart). The second prefix letter identifies the Federal Reserve Bank that issued the note.
What do the numbers mean on the US dollar bill?
The numbers indicate which Federal Reserve Bank actually printed the bill. A No. 2, for example, means it was printed in New York. The District Seal also includes the letters (in this case B) that specify the dollar’s issuing Reserve Bank. New York is the Second Federal Reserve District and is designated by the letter B.
Why do Federal Reserve Notes have two letters instead of one?
Reusing an exact serial number to replace an imperfect note is costly and time consuming. A “star” note has its own special serial number followed by a star in place of a suffix letter. Federal Reserve notes, beginning with Series 1996, have two letters rather than one at the beginning of the serial number.
What do the letters in a serial number mean?
A serial number consists of two prefix letters, eight numerals, and a one-letter suffix: 1 The first letter of the prefix denotes the currency series. 2 The second letter of the prefix indicates the Federal Reserve Bank at which the bill was produced. 3 The eight digits represent the bill’s sequential order within its group.
What is the last letter of the serial number on a dollar bill?
The last letter of the serial number or suffix letter identifies the number of times that the Bureau of Engraving and Printing used the sequence of serial numbers A is the first time, B is the second time, C is the third time and so on.